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$375,000

138 Gobbler Rd, Nocona, TX, 76255

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,471 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$254.93 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Washer
FlooringCarpet, Ceramic Tile, Tile

Exterior

Lot Size5 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APNR000026924
Lot Number40
Land UseResidential
Legal DescriptionACRES: 5.000 LOT 40 BONITA OAKS RANCH S/D
Census Tract950100
Assessed Land Value$89,000
Assessed Improvement Value$253,430
Assessment Year2025

About this property

Escape the city and soak up country living! This 3 bedroom 2 bath house with attached garage is situated on 5 fenced acres. The rural setting allows for enjoying nature with abundant wildlife, and having your own pets or livestock: up to one large animal per acre. Take a look at the adorable donkey who has made his home there, but sorry, he doesn't convey! What does convey with the sale, is the refrigerator, washer, dryer, hot tub and other negotiable items. This home was built in 2022 featuring wood look ceramic flooring and granite countertops. It has an open concept living space with vaulted ceilings and dining area centrally located, separating the primary en-suite from the secondary bedrooms and bathroom. The sleekly designed kitchen has an island, abundant cabinet space and a backyard view. Stepping onto the covered back porch is adequate space for grills and seating, along with additional concrete for the stand alone jetted hot tub. The entire property has secure goat wire mesh, barbed wire and pipe fencing. There is a variety of mature trees, providing shade and privacy. Located between Saint Jo and Nocona, close to Nocona Lake and wineries. Information deemed reliable but to be verified by buyer and buyer's agent.

Investor Tools

$318,001Estimated Mortgage Balance
$61,999Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,280 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Iva Walterscheid

Newland Real Estate, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,867
$342,430
2025
$89,000
$253,430
$342,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,867
$342,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Inc
Conventional
$327,750
No
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,001
$61,999
16%
84%
$1,966/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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138 Gobbler Rd | Property Details | No Agent List