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L3 Property Group

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$ 999,000

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161 Nocona DR Nocona, TX 76255

45 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Nocona Hills

MLS Listing ID 21380396

HOA Fees $1,400/ann

HOA Y/N Yes

Annual Tax Amount $56

Lot Size 45.000 Acres

Acres 45.0

Property Sub-Type Unimproved Land

Property Description

Sellers Sell out!!! Builders Dream for a New Development. 100 Plus lots available for Investors future plans. 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 100 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 lot only in this bundle deal, 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. 24 hour manned gate Association. All 100 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

Zoning Residential

Direction GPS

Interior

Fireplace No

Exterior

Utilities Available Electricity Available, None

Present Use Development,Investment,Residential,Single Family

Topography Hill

Street Surface Gravel

Private Pool No

Building

Lot Description Acreage, Cleared, Corner Lot, Cul-De-Sac, Hardwood Trees, Level, On Golf Course, Rolling Slope, Many Trees

Schools

Elementary Schools Nocona

Middle Schools Nocona

High Schools Nocona

School District Nocona Isd

Others

HOA Name Nocona Hills Owners Association

HOA Fee Include All Facilities,Maintenance Grounds,Security

Tax ID R000020192

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, Private Financing Available, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, Private Financing Available, VA Loan

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L3 Property Group

161 Nocona DR Nocona, TX 76255

Key Details

Location

Interior

Exterior

Building

Schools

Others

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161 Nocona DR