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Property profile & analytics
OFF-MARKET
Land

1024 Goodnight Trl Perrin, TX 76486

10 ac lot
Property ID
Property summary
AI-generated overview

Exceptional commercial land opportunity in Perrin, Texas, located at 1024 Goodnight Trail, zip code 76486. This property, part of the historic Goodnight Loving Trail, offers 10 to 50 acres of land with breathtaking hilltop views, scattered trees, and captivating western sunsets over water vistas. The land features rolling hills and mature trees, providing stunning sunrise and sunset panoramas. Underground electric is already in place. This location boasts no HOA restrictions, offering complete freedom in development. While a recommended builder is available, buyers are free to choose their own contractor. Conveniently located within an hour of the Metroplex, with easy access to Weatherford, Mineral Wells, and Possum Kingdom Lake. Several lots are available for purchase individually or combined, with some including existing wells. The asking price is $436,500, with a land value of $29,100 per acre. This presents a unique chance to acquire a piece of Texas history and create a remarkable commercial venture.

Property profile
Verified
Property type Land
Lot 10 ac (435,600 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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