Property profile

1024 Goodnight Trl Perrin, TX 76486

OFF-MARKET
Land
10 ac lot
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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

Location

1024 Goodnight Trl Perrin, TX 76486
Perrin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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