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$785,000

473 May Rd, Nocona, TX, 76255

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,655 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$474.32 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
AppliancesOther
FlooringConcrete

Exterior

Private PoolPrivate Pool

Building Information

Garage Spaces2

About this property

The kind of property that makes you want to stay forever. From the moment you drive through the gate, you’ll feel the charm of this Texas ranch retreat. Situated on nearly 14 acres, this adorable barndominium is surrounded by rolling pastures, mature trees, and peaceful country views. Two additions were completed after the appraisal district obtained its measurements: a 175-square-foot mudroom laundry room and a 280-square-foot guest cabin—not including the cabin’s front porch. The additional bedroom and bathroom are located inside the guest cabin, creating a comfortable and private space for family or visitors. Spend your summers relaxing around the sparkling gunite pool and gardens, or let your horses and livestock roam the cross-fenced acreage, which is fully perimeter-fenced with goat wire. Wander into the wooded creek area, where a hidden seasonal waterfall appears after a good rain, creating a truly magical setting. A spacious 40' x 75' shop offers endless possibilities for hobbies, equipment, storage, or projects. The property also features an impressive solar-energy system consisting of 58 individual 345-watt panels, each equipped with a microinverter. The system was installed in 2023 and is fully paid for. Combined with the cozy wood-burning stove, these features add comfort and energy efficiency to this one-of-a-kind country property. If you’ve been searching for privacy, character, versatility, and room to enjoy the country lifestyle you’ve always wanted, this is it.

Investor Tools

$0Estimated Mortgage Balance
$518,236Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

Interested in this property?

Kelly Bayer

RE/MAX FIRST REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$798/month
No HOA
5.947%

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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473 May Rd | Property Details | No Agent List