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$79,000

$99,000

8 Iowa Court, Nocona, TX, 76255

On MarketInfo
Price DropInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Build Your Lakefront Escape in Gated Nocona Hills! Here’s your chance to create the peaceful lake life you’ve been dreaming of. This beautiful WATERFRONT lot offers the perfect setting for your private retreat—whether you’re ready to build your dream home or bring in a manufactured home. Set in the sought-after Nocona Hills community, this property combines serene water views with the privacy and security of a 24-7 gated and guarded entrance. With no current septic in place, you still have a great opportunity to customize the property to your needs, and installation should be a straightforward process. Nocona Hills offers an exceptional lifestyle with private lake access, a golf course, campgrounds, a private fishing lake, its own volunteer fire department, an airstrip, and all the charm of relaxed country living. Don’t miss this opportunity to claim your slice of lakefront paradise!

Investor Tools

$287,046Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

Interested in this property?

Shelby Weaver

940 Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$54/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$103
$6,000
2025
$6,000
N/A
$6,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$103
$6,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Credit Line (Revolving) / Heloc
$290,000
No
First
Oct 31, 2025
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,046
N/A
0%
266%
$1,739/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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