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$849,000

140 Lago Lane, Nocona, TX, 76255

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,530 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$335.57 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Tankless Water Heater
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size1.46 acres

Building Information

Year Built2021
Garage Spaces4

Land Information

APNR000022853
Lot Number9
Land UseResidential
Legal DescriptionACRES: 1.460 LOT 9 THE COVE AT LAKE NOCONA
Census Tract950200
Assessed Land Value$24,200
Assessed Improvement Value$243,220
Assessment Year2025

About this property

Modern Lakefront Living on Lake Nocona – Main Residence , Guest House with Shop & Pool on 2.65 Acres. Enjoy the perfect blend of luxury, comfort, and income potential with this stunning waterfront property on Lake Nocona! Built in 2021, this beautiful 3-bedroom, 2-bathroom 1530 sq ft home sits on 2.65 acres and offers everything you need for full-time living or a weekend getaway. Inside, you'll find a spacious open layout featuring a wood-burning fireplace, a stylish kitchen with leathered granite countertops, and a garage for added convenience. The primary suite includes a modern walk-in shower, while the guest bathroom boasts a relaxing soaker tub. Step outside to your private lakeside oasis, complete with a cabana, above ground pool, and plenty of space to entertain or unwind. Need extra room for visitors or rental income? The fully furnished 2-bedroom, 1-bath 1000 square foot guest house built in 2022 is ideal for guests or Airbnb income. For those who need space for hobbies, business, or storage, the property also includes 1,385 sq. ft. of shop, garage or storage area. This rare property offers lakefront living, privacy, and potential—whether you're looking for a peaceful retreat, multi-generational setup, or income-producing investment. Don’t miss your chance to own a slice of paradise on Lake Nocona.

Investor Tools

$166,056Estimated Mortgage Balance
$674,944Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,094 /month
Positive
Cash Flow Estimate:
$1,698 /month

Interested in this property?

Matthew Fenoglio

Superior Land & Homes LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,824
$267,420
2025
$24,200
$243,220
$267,420
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,824
$267,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Bank & Trust Na
Conventional
$181,500
No
First
Dec 20, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,056
$674,944
80%
20%
$1,089/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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140 Lago Lane | Property Details | No Agent List