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$150,000

NAL Estimated Property Value

409 Legion Street, Nocona, TX, 76255

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$70.89 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesNone

Building Information

Year Built1952
Garage Spaces1

Land Information

APNR000004031
Lot Number17,18
SubdivisionHill View
Land UseResidential
Legal DescriptionLOT 17-18 BLK 1 HILL VIEW
Census Tract950300
Assessed Land Value$12,000
Assessed Improvement Value$109,950
Assessment Year2025

About this property

GREAT Investment Opportunity In The Growing Town of Nocona Texas! To Make This Home Your Very Own! Home Has Been Started with Foundation Work, New Plumbing, New Electrical, and New Bath & Shower Combos Installed. Bring Your Remodeling Ideas and Finish It Out The Way You Want It!!! HUGE Lot with Nice Metal Fencing with Concrete Ribbon and Covered Patio Great For Outdoor Gatherings. Two Car Carport, Garage and Plenty Of Space For RV or Boat Parking! Possible Owner Financing - Come Take A Look and Let's Talk About Options Today!

Investor Tools

Property Icon
$150,000
Estimated Property Value
$19,968Estimated Mortgage Balance
$130,032Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,476
$121,950
2025
$12,000
$109,950
$121,950
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,476
$121,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Unknown
$29,750
No
First
Mar 19, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,968
$130,032
86%
13%
$0/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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409 Legion Street | Property Details | No Agent List