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$683,800

222 Lago Ln, Nocona, TX, 76255

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.79 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Electric Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Fire Pit, Rain Gutters, Lighting, Storage
Lot Size1 acre

Building Information

Year Built2008
Garage Spaces4

Land Information

APNR000022849
Lot Number5
Land UseResidential
Legal DescriptionACRES: 1.000 LOT 5 THE COVE AT LAKE NOCONA
Census Tract950200
Assessed Land Value$55,000
Assessed Improvement Value$745,220
Assessment Year2025

About this property

Lakefront Property on 1 acre! Custom-built w direct access & views of Lake Nocona from most rms! Private cvrd boat slip & dock! Triple crown mldgs, iron banisters & hardwd flrs thruout! Ornate ceiling medallion & majestic chandelier in frml din. Impressive dbl stacked fplc w magnificent millwork in fmly. Substantial table-serve island is central to chef's kitchen w SS appliances (dbl ovens), granite, 3rd sink & custom display cabinetry. Butler pantry w micro. Loft game rm w balcony access. Bonus 2-story party barn w bath & wet bar. Outdoor retreat incl living w fplc & bar & grill dining + cascading waterfalls from pool & spa! Cruise around the lake in lavish party boat! See 3D walkthru & drone footage in media!

Investor Tools

Property Icon
$800,220
Estimated Property Value
$650,000Estimated Mortgage Balance
$216,908Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,801 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,642
$800,220
2025
$55,000
$745,220
$800,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,642
$800,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Commercial
$650,000
No
First
Jan 15, 2021
Feb 2022

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,312
$216,908
27%
73%
$3,898/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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222 Lago Ln | Property Details | No Agent List