161 Nocona Drive Nocona, TX $ 1,900,000
161 Nocona Drive
$ 1,900,000
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161 Nocona Drive

Nocona, TX, 76255
$ 1,900,000
Baths0.0

Monthly Estimate*

$ 11,854

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Studio

Lots and Land for sale in Nocona, TX

for $1,900,000. The lot size is 45.

Welcome to Nocona Hills! Only a short 1.5 hour drive from Frisco and the DFW Metroplex, this 1,300 acre North Central Texas rural residential gated community on Lake Nocona in Montague County Texas is a quiet, Beautiful undiscovered gem that must be seen in person to fully appreciate. Much of this prime waterfront development on Lake Nocona is now available as the seller is offering an incredible 158 individually deeded and platted .25 acre residential lots, Some lots are larger up to .50 all complete with electricity, water and high-speed internet service. Being offered at only $10,000 per residential lot, this listing presents an incredible opportunity for an investor, residential home builder or a 1031 exchange buyer looking to park their capital in a once in a lifetime opportunity. Nocona Hills is a residential gated community with a private community boat ramp on Lake Nocona, an 18-hole private golf course and an exceptional 3000’ grass over asphalt airpark landing strip. The roads and the 24 hour manned gate are maintained and provided by the Nocona Hills Homeowner's Association. All 158 lots are platted and deeded with public water provided by the Nocona Hills Water Supply Corp with electrical service conveniently supplied by PenTex Energy. This property is a dream for developers or builders seeking to create a signature project without the upfront cost of water, electricity and utility infrastructure. Nocona Hills offers an unparalleled lifestyle perfect for families, retirees, and vacationers alike. Exciting News, Club house and pool are under remodel so fun for the community. Developer Builder Investment Special! Beautiful Golf course lots over looking the well maintained golf course. There are a variety of nice lots that have lake gorgeous views. Two private lakes (one listed as top 5 Bass fishing Texas) a community boat ramp and dock ready to put your boats out on the water and enjoy the Lake life. Lots have mature trees great shade space to enjoy.

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Lots and Land Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 55

Style

Unimproved Land

Lot Size

45

Town/City

Nocona

County/Region

Montague

MLS | Web ID

20849800

Features
General
Development Status Zoned
Utilities Electricity Available Gravel/Rock No Sewer
Possession Negotiable
current use Development Investment Residential Single Family Unimproved
Assoc Fees 400
Restrictions Building Deed Development No Mobile Home
School District Nocona ISD
HOA Fee Includes Full Use of Facilities Maintenance Grounds Security
Community Features Boat Ramp Campground Club House Community Pool Fishing Gated Golf Guarded Entrance Hangar Lake RV Parking
Property Subtype Unimproved Land
Subdivision Name Nocona Hills
County Montague
Property Type Land
HOA Type Mandatory
Special Notes Aerial Photo Deed Restrictions
Status Active
Directions GPS
City Nocona
Elementary School Name Nocona
High School Nocona
Elementary School Nocona
Standard Status Active
Listing Terms 1031 Exchange Cash Conventional FHA VA Loan
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Exterior
Lot Features Acreage Cleared Few Trees Many Trees Oak On Golf Course
Vegetation Cleared Wooded
Soil Type Sandy Loam
WaterFront Features Lake Front - Common Area
Lot Size 10 to < 50 Acres
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Internal Only
Street Number 1 161
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* Excluded Features
List By
Jaredean Obrien

Listing Agent

Ebby Halliday, Realtors

Broker

Affordability Calculator

$11,858
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,854
Monthly Property Taxes
$5
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288409 Elementary School
5136309 Middle School
Pricing History
Date Price Price Change Description
2/24/2025 $1,900,000 Listed Price

Map


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161 Nocona Drive, Nocona, TX, 76255 is a Lots and Land for sale at $1,900,000 with a lot size of 45. 161 Nocona Drive is a studio with 0.0 baths. The property's zip code is 76255 which is in Nocona, TX