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$512,000

NAL Estimated Property Value

498 Bay Shore Drive, Nocona, TX, 76255

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.04 / sqft

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Concrete, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Garage Spaces2

Land Information

APNR000020925
Lot Number526
Land UseResidential
Legal DescriptionLOT 526 OAK SHORES
Census Tract950100
Assessed Land Value$112,000
Assessed Improvement Value$205,580
Assessment Year2025

About this property

This waterfront property could be the best little getaway after a little TLC. She has so many great features on a quiet road and cove. Beautiful view of lake Nocona from the large kitchen window! Downstairs has been updated to include a massive kitchen, beautiful finished concrete floors, oversized laundry room and pantry. This house would make for a perfect weekend spot right on the water! The lot across the street is included for extra parking for your guests or a camper!

Investor Tools

Property Icon
$512,000
Estimated Property Value
$140,017Estimated Mortgage Balance
$371,983Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,072 /month
Positive
Cash Flow Estimate:
$1,024 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,441
$317,580
2025
$112,000
$205,580
$317,580
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,441
$317,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$148,680
No
First
Mar 17, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,017
$371,983
72%
27%
$892/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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498 Bay Shore Drive | Property Details | No Agent List