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$125,000

112 Pima Drive, Nocona, TX, 76255

$162,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,063 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$60.59 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringVinyl

Building Information

Year Built1986
Garage Spaces3

Land Information

APNR000019474
Lot Number1633
SubdivisionNocona Hills Subdivision
Land UseResidential
Legal DescriptionLOTS 1633 & 1634 NOCONA HILLS
Census Tract950100
Assessed Land Value$22,000
Assessed Improvement Value$25,660
Assessment Year2025

About this property

Looking for peace, privacy, and easy lake access? Welcome to Nocona Hills, where beautiful countryside views, abundant wildlife, and a relaxed lifestyle await. Deer can often be seen throughout the day, and residents enjoy access to Lake Nocona, a scenic golf course, stunning sunsets, and a variety of outdoor amenities. Situated on 0.79 acres, this spacious home offers approximately 2,063 square feet of living space, including an additional 271-square-foot air-conditioned flex room that is not reflected in the appraisal district records. The home features 3 bedrooms, 2 full bathrooms, a 3-car garage, and an open-concept layout designed for comfortable living and entertaining. The inviting living room showcases a double-sided wood-burning fireplace that serves both the living area and the dining room and kitchen space. The kitchen is equipped with granite countertops and a large center island, making it perfect for family gatherings and entertaining guests. The primary suite features a walk-in closet with charming barn-style sliding doors and a spacious ensuite bathroom complete with dual sinks, a soaking tub, and a separate walk-in shower. The additional flex room can easily serve as a fourth bedroom, home office, playroom, or hobby room. Outdoor living is just as impressive. Enjoy the large screened-in front patio, ideal for relaxing and enjoying the outdoors in comfort year-round. The backyard includes an underground storm shelter for added peace of mind. Living in Nocona Hills provides access to numerous community amenities, including a 50-acre fishing pond, lake access, picnic areas, an RV park for visiting family and friends, a grass landing strip, and a beautiful golf course available for a monthly fee. The community also features 24-hour gated access with guarded security, offering both convenience and peace of mind. Don't miss this opportunity to enjoy lake living, abundant nature, and small-town charm in one exceptional property.

Investor Tools

$50,261Estimated Mortgage Balance
$119,739Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

Interested in this property?

RIKKI BUXTON

Red River Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$98/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$325
$47,660
2025
$22,000
$25,660
$47,660
No

Tax History

Year
Tax Paid
Assessed Value
2025
$325
$47,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Scott & Dana Investments Llc
Unknown
$51,161
No
First
Jun 20, 2025
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$50,261
$119,739
70%
30%
$307/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.

Explore Texas Explore This Area
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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112 Pima Drive | Property Details | No Agent List