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$264,000

NAL Estimated Property Value

371 Nocona Drive, TX, 76255

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.38 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl

Building Information

Year Built1978

Land Information

APNR000018273
Lot Number218,219
Land UseResidential
Legal DescriptionLOT 218 LESS N/20' & LOT 219; NOCONA HILLS (BEVERLY PARR RESERVES A LIFE ESTATE)
Census Tract950100
Assessed Land Value$20,500
Assessed Improvement Value$167,940
Assessment Year2025

About this property

Beautifully remodeled 2 BR, 2.5 BA home on approx. 0.5 acre in Nocona Hills, a quiet, 24-hour manned, gated community. Home features 2 living areas, fireplace, separate laundry room, and lake views from the back porch. Property includes carport with separate storage room and a greenhouse. Enjoy abundant wildlife, lake access, and nearby golf course. Suitable as a primary residence or weekend home.

Investor Tools

Property Icon
$264,000
Estimated Property Value
$176,024Estimated Mortgage Balance
$87,976Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$149/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$467
$188,440
2025
$20,500
$167,940
$188,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$467
$188,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$178,100
No
First
Sep 8, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,024
$87,976
33%
67%
$1,068/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.

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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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371 Nocona Drive | Property Details | No Agent List