Property profile

1020 Goodnight Trl Perrin, TX 76486

OFF-MARKET
Land
5 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 5 ac (217,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1020 Goodnight Trl Perrin, TX 76486
Perrin metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1020 Goodnight Trl?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message