1020 Goodnight Trl Perrin, TX 76486
This exceptional 5-acre property, located at 1020 Goodnight Trail, Perrin, TX 76486 (APN R000121453), offers breathtaking hilltop views and scattered trees, creating a picturesque setting for your dream home. The land is zoned residential, providing flexibility for development. Boasting mesmerizing western sunsets over water vistas, this parcel is part of the historic Goodnight Loving Trail, offering a unique piece of Texas history. Underground electric is already in place, simplifying the building process. The lot size is approximately 217,800 square feet, and the asking price is $185,000, translating to $0.80 per acre. Enjoy the freedom of no HOA restrictions and the convenience of a short commute to Weatherford, Mineral Wells, and Possum Kingdom Lake. The property is plat-approved, making development straightforward. Possession is available upon closing/funding. This is a rare opportunity to own a piece of Texas history and build your dream home in a tranquil, yet accessible location. While the subdivision is Goodnight Ranch, this specific lot presents a unique opportunity for individual development.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.