161 Nocona Drive Active Save Request In-Person Tour Request Virtual Tour
Nocona,TX 76255
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Nocona Hills
MLS Listing ID 20849800
HOA Fees $29/ann
HOA Y/N Mandatory
Annual Tax Amount $55
Lot Size 45.000 Acres
Acres 45.0
Property Sub-Type Unimproved Land
Property Description
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.
Location
State TX
County Montague
Community Boat Ramp,Campground,Club House,Community Pool,Fishing,Gated,Golf,Guarded Entrance,Hangar,Lake,Rv Parking
Zoning Residential
Direction GPS
Exterior
Community Features Boat Ramp,Campground,Club House,Community Pool,Fishing,Gated,Golf,Guarded Entrance,Hangar,Lake,RV Parking
Utilities Available Electricity Available,Gravel/Rock,No Sewer
Waterfront Description Lake Front - Common Area
Street Surface Gravel
Garage No
Building
Lot Description Acreage,Cleared,Few Trees,Many Trees,Oak,On Golf Course
Schools
Elementary Schools Nocona
Middle Schools Nocona
High Schools Nocona
School District Nocona Isd
Others
Restrictions Building,Deed,Development,No Mobile Home
Ownership Dickenson
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition Aerial Photo,Deed Restrictions
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20849800