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$199,000

NAL Estimated Property Value

1586 Howard Road, Nocona, TX, 76255

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths396 Sq Ft
price_per_sqft$517.68 / sqft
Year BuiltBuilt in 2016

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesElectric Cooktop
FlooringOther

Exterior

Lot Size54.23 acres

Building Information

Year Built2018

Land Information

APNR000012589
Land UseResidential
Legal DescriptionACRES: 54.230 AB 661 SCOTT
Census Tract950200
Assessment Year2025

About this property

This property is a hunters retreat. Located in the Spanish Fort area just north of Nocona in a heavily wooded area that has abundant wildlife. The cabin on the property is perfect for hunters to bunk in for a weekend or extended stay. The house has one bedroom, one full bathroom, a small kitchen and dining area with a den for relaxing after a long day of hunting. This property could also be used for agriculture purposes. Front 30+ acres have been used for farm land and back 20+ acres for pasture with mesquite trees. Brand new lofing shed and tack room added to the property in March 2019.

Investor Tools

Property Icon
$199,000
Estimated Property Value
$153,151Estimated Mortgage Balance
$45,849Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$376
$65,530
2025
N/A
N/A
$426,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$376
$65,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$176,409
Yes
First
Sep 18, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,151
$45,849
23%
77%
$1,058/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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