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$99,000

123 Cliff View Drive, Nocona, TX, 76255

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Nocona Hills is a premier gated community on Lake Nocona, offering an exceptional lifestyle for families, retirees, and vacationers alike. Residents enjoy exclusive access to a private community boat ramp, an 18-hole golf course, a fully renovated clubhouse (currently underway), and a 3,000’ grass-over-asphalt airpark landing strip. This lot is uniquely positioned on the landing strise , making it the perfect location to build your private hangar with the opportunity to design your dream home across the way—taking advantage of stunning lake views. The community is secured with a 24-hour manned gate and well-maintained roads, all managed by the Nocona Hills Homeowners Association. Every lot within Nocona Hills is platted and deeded, with co-op water provided by Nocona Hills Water Supply Corp and electricity supplied by PenTex Energy. Utilities, including high-speed fiber optic internet, are already available at the street. Beyond the gates, you’ll find the charm of historic downtown Nocona, as well as a local winery, brewery, and more—making this a truly unique place to live, vacation, or retire.

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Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$400/month
5.947%

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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123 Cliff View Drive | Property Details | No Agent List