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$815,530

NAL Estimated Property Value

115 W Walnut Street, Nocona, TX, 76255

Off MarketInfo
CommercialInfo
Baths17,248 Sq Ft
Year BuiltBuilt in 1955

Highlights

Interior

FlooringCeramic Tile, Concrete

Building Information

Year Built1955

Land Information

APNR000003117
Lot Number10-12
SubdivisionOrig Nocona
Land UseCommercial
Legal DescriptionLOT 10 11 12 BLK 4 ORIG NOCONA
Census Tract950300
Assessed Land Value$57,600
Assessed Improvement Value$757,930
Assessment Year2025

About this property

This remarkable investment-grade building has been a valued part of the Nocona community for many years. Spanning over 36,000 square feet, this standalone property sets a new benchmark for mixed-use spaces, offering adaptability and flexibility that fosters creative possibilities throughout. Excellent walkability and accessibility to the historic downtown and easy access to US HWY 82. Featuring retractable doors on three sides, level floors, handicap-accessible restrooms, abundant natural light, and striking neon lighting, the interior design boasts a captivating wow factor, complemented by a variety of amenities. The property comprises three interconnected buildings that can be separated as needed. Previously home to Horton's Classic Car Museum—one of Texas's premier car collector venues—this space is filled with limitless potential. It’s the perfect opportunity to reignite business ideas that may have been put on hold and to invest in an area ripe for revitalization.

Investor Tools

Property Icon
$815,530
Estimated Property Value
$0Estimated Mortgage Balance
$815,530Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,560
$815,530
2025
$57,600
$757,930
$815,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,560
$815,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$815,530
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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115 W Walnut Street | Property Details | No Agent List