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$399,000

NAL Estimated Property Value

1107 Casino Road, Nocona, TX, 76255

$414,333 ARVInfo
Off MarketInfo
Baths2 Bath
Baths1,815 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.83 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
AppliancesOther

Building Information

Year Built1980
Garage Spaces2

Land Information

APNR000021140
Lot Number46
SubdivisionBuck Keck Lakeview S/D
Land UseResidential
Legal DescriptionLOT 46 UN III BUCK KECK LAKEVIEW S/D
Census Tract950100
Assessed Land Value$112,000
Assessed Improvement Value$189,960
Assessment Year2025

About this property

Unveiling a rare opportunity to invest in a premium waterfront location on the serene Lake Nocona. This property is poised to become the custom lake house you've always envisioned, providing a blank canvas for a complete remodel. The existing home spans a comfortable 1,815 square feet, offering a substantial footprint for a modern, open-concept design. It is ideally situated on a private, nearly half-acre lot with valuable, direct access to the water. Bring your architectural vision to life by reimagining the interior layout and maximizing the stunning, tranquil views of the main body of Lake Nocona. Enjoy the best of North Texas lake living. Lake Nocona is known as one of the quieter lakes in the area, offering excellent fishing, recreation, and peaceful wildlife viewing. The location is conveniently located just a short, easy drive to the thriving downtown area of Nocona, which features various local restaurants and shopping. This is more than a fixer-upper; it’s a chance to secure a coveted waterfront position and transform a well-located home into your personalized lake retreat. Don't miss this chance to create an ultimate dream home where every detail reflects your style.

Investor Tools

Property Icon
$399,000
Estimated Property Value
$259,615Estimated Mortgage Balance
$139,385Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$414,332
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,173
$301,960
2025
$112,000
$189,960
$301,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,173
$301,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank
Purchase Money Mortgage
$268,000
No
First
Aug 13, 2024
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$259,615
$139,385
34%
65%
$1,607/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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1107 Casino Road | Property Details | No Agent List