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$875,000

$985,000

1061 Tradewinds Rd, Nocona, TX, 76255

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,507 Sq Ft
price_per_sqft$349.02 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
AppliancesRefrigerator, Built-In Refrigerator, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Tankless Water Heater
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony, Built-in Barbecue, Rain Gutters

Building Information

Year Built2022

Land Information

APNR000021171
Lot Number15
Land UseResidential
Legal DescriptionLOT 15 CUNNINGHAM
Census Tract950200
Assessed Land Value$112,000
Assessed Improvement Value$249,570
Assessment Year2025

About this property

Lakefront living at its best on Lake Nocona in this beautifully designed home built in 2023. Thoughtfully planned for comfort and functionality, the home offers 3 bedrooms, 2 full baths, and 1 half bath inside, plus a fully conditioned outdoor bathroom under roof, accessible from the exterior—perfect for easy lake days. A separate outdoor rinse-off shower adds everyday convenience. The home features approximately 2,507 sq ft of living space with 3,202 sq ft under roof including porches, providing plenty of room to relax and entertain. LVP and tile flooring throughout were selected for durability and low maintenance, ideal for waterfront living. The open kitchen showcases modern finishes and a walk-in pantry that houses the built-in pebble ice machine, keeping the main kitchen space clean and uncluttered. All appliances are fully paneled, creating a seamless, high-end design. The kitchen is anchored by an lLVE designer oven—a 48-inch dual fuel stainless range with gold trim, adding both luxury and performance. The living area is anchored by a fireplace with a Samsung Frame TV, offering the look of artwork when not in use. Upstairs includes a versatile area originally designed as a bunk room, easily adaptable for additional sleeping space, along with a large laundry room featuring full-size washer and dryer and ample storage. Plumbing is already in place for a stackable washer and dryer in the primary closet, allowing flexibility for future use. The home features an upgraded non-aerobic septic system and a newer, encased well providing excellent drinking water. Enjoy peaceful waterfront living with modern construction, smart upgrades, and a layout designed to make the most of life on the lake. SELLER WILLING TO CONTRIBUTE SELLER CONCESSIONS TOWARDS GARAGE OR NEGOTIATE THE BUILD - SELLER DOES HAVE PLANS ALREADY DRAWN UP. See Private Remarks

Investor Tools

$0Estimated Mortgage Balance
$985,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month

Interested in this property?

Suzanne Swaney

Century 21 Crew

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,107
$361,570
2025
$112,000
$249,570
$361,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,107
$361,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$975,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Nocona

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1061 Tradewinds Rd | Property Details | No Agent List