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About This Home

This land at 102 Comanche Trail in Nocona, TX is listed for $5,000,000 (125.00 acres).

Agent Description

Welcome to beautiful 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, mostly 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 500 individually deeded and platted .25 acre residential lots, 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, a club house that is the process of being completely renovated, 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 500 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.

There is also a commercial real estate office located at the entrance of the development that comes with this package so that land parcels and future home sites can continue to be sold to guests who are visiting the area. Reach out to listing agent for more details.

Key Features

  • 125.00 acre lot
  • Waterfront

Amenities

WaterfrontView

Location

102 Comanche Trail

Nocona, TX 76255

Nocona Hills

Property Details

Views

LakeWater

Heating

None (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom land at 102 Comanche Trail is listed at $5,000,000. The estimated monthly payment is $21,667 based on 20% down at 6.5% interest.

Key features include: 125.00 acre lot, Waterfront.

This property is listed by Jp Findley and can be reached at 4692108288 or JP.Findley@Compass.com.

JF

Jp Findley

Agent at Compass RE Texas, LLC

(469) 210-8288

Listed by Compass RE Texas, LLC · View on Broker Site

MLS# 21034178· Source: listhub· Updated today

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102 Comanche Trail, Nocona, TX 76255

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