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$29,500

158 Crescent Drive, Nocona, TX, 76255

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Tucked inside an established community of more than 1,500 acres, this unimproved lot offers a setting that feels both grounded and open, where the landscape plays as much of a role as the homes themselves. A staffed security gate marks the entrance, but beyond it, the environment softens into winding roads, mature trees, and a layout that gives each area its own identity. With over 30 miles of roads and approximately 500 homesites, the community has been designed in a way that avoids feeling crowded. Some stretches feel expansive, while others narrow into more secluded, tree-lined paths. The closer you move toward the private 50-acre lake, the more the atmosphere shifts, with water quietly influencing the surroundings. Wildlife is a consistent presence, not an occasional feature. Deer are commonly seen in the evenings, moving through the neighborhood in a way that feels undisturbed and natural. It’s part of what gives the area its sense of continuity. Amenities here are thoughtful but not overstated. A privately owned golf course offers recreation, while a 3,000-foot landing strip with hangar sites adds a unique element for those who value it. Within the gates, you’ll also find a fire department and a church, reinforcing the sense of a self-contained community. A clubhouse is currently being renovated, with plans to include a restaurant by 2026. It’s an update that adds to the experience without taking away from the slower pace that defines the neighborhood. This lot fits into that balance, offering a place to build within a community that already feels established, yet still has room to evolve.

Investor Tools

$0Estimated Mortgage Balance
$29,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Courtney Rhyne

Parker Properties Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$14/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25
$3,000
2025
$3,000
N/A
$3,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$25
$3,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$29,000
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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158 Crescent Drive | Property Details | No Agent List