Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days713Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$900,000

1872 Nokomis Rd, Lancaster, TX, 75146

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.5 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Outdoor Shower, Private Entrance, Private Yard, Storage, Other
Lot Size1.85 acres

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces12

Land Information

APN65054960010390100
SubdivisionGeorge W Hoover Abst 549
Land UseResidential
Legal DescriptionGEORGE W HOOVER ABST 549 PG 600 TR 39.1 ACS 1.8468 VOL94049/3528 DD030194 CO-DALLAS 0549600103901 28705496001
Census Tract016903
Assessed Land Value$138,530
Assessed Improvement Value$636,620
Assessment Year2025

About this property

***ONLY 25 MINUTES FROM DALLAS*** Tucked behind a gated entrance on beautifully treed acreage, offers a rare private retreat with TWO separate residences, resort-style outdoor living, and exceptional flexibility. The main home features spacious living areas, generous bedrooms, updated finishes, and warm character throughout. The outdoor living space is a true highlight, featuring a custom in-ground pool, expansive patio areas, covered balcony, mature trees, and peaceful shaded spaces designed for relaxing or entertaining and Privacy. The property also includes an oversized custom carport and a large shop with RV-carport coverage, creating excellent options for equipment, hobbies, storage, recreational vehicles, or workspace. A major standout is the separate approximately 1,300-square-foot second home, complete with 2 bedrooms, living area, kitchen, bathroom, and laundry. This additional residence offers valuable flexibility for guests, multigenerational living, rental potential, private office space, or a separate retreat. With approximately 4,800 square feet of combined living space between the main house and second home, this property delivers a lifestyle rarely found in the Dallas-Fort Worth area. The heavily treed setting feels private and secluded while still offering convenient access to Lancaster, surrounding Best Southwest communities, and major routes into Dallas. From the gated entrance to the pool, shop, guest house, and wooded acreage, this is more than just a home. It is a private compound designed for living, gathering, working, and unwinding.

Investor Tools

Property Icon
$775,150
Estimated Property Value
$92,700Estimated Mortgage Balance
$727,383Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

Interested in this property?

Virginia Brees

MTX Realty, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$957/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,611
$775,150
2025
$138,530
$636,620
$775,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,611
$775,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Credit Line (Revolving) / Heloc
$92,700
No
First
Sep 20, 2007
Sep 2016

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$47,767
$727,383
93%
6%
$556/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Lancaster

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...