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$502,000

NAL Estimated Property Value

65 Cortez Drive, Nocona, TX, 76255

Off MarketInfo
Baths3 Bath
Baths2,460 Sq Ft
price_per_sqft$194.72 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 3Bathrooms 3
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Building Information

Year Built2005

Land Information

APNR000018430
Lot Number418-420
SubdivisionNocona Hills Subdivision
Land UseResidential
Legal DescriptionLOT 418-420 430-433 & 463 NOCONA HILLS
Census Tract950100
Assessed Land Value$67,000
Assessed Improvement Value$380,760
Assessment Year2025

About this property

On the very top of a hill sits this gorgeous recently updated 4 bed 2.5 bath with an office and shop. This property comes with extra lots to ensure your privacy and a water front lot on Lake Leisure. Just minutes away from a private boat ramp for access to Lake Nocona. Right off the entry way is your primary bedroom with a custom closet system, and double vanity. The guest bedroom is on the first floor located conveniently to the half bath. Living room wall is full of large windows for the perfect view of Lake Leisure. Living is open concept to the kitchen and dining. Full size laundry room with with a coffee bar. Upstairs features and office, full bath and two large bedrooms. A porch that goes all the way around and a fire pit sitting area makes this the perfect place to relax. 3D Tour available.

Investor Tools

Property Icon
$502,000
Estimated Property Value
$237,344Estimated Mortgage Balance
$264,656Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,012 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,671
$447,760
2025
$67,000
$380,760
$447,760
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,671
$447,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$268,800
No
First
May 22, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,344
$264,656
52%
47%
$1,612/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.

Explore Texas Explore This Area
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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