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$217,000

NAL Estimated Property Value

902 Fannin St, Nocona, TX, 76255

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,304 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.94 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringVinyl

Building Information

Year Built1980

Land Information

APNR000004448
Lot Number8
SubdivisionReynolds
Land UseResidential
Legal DescriptionN 20 OF LOT 8 & ALL OF 9 BLK 1 REYNOLDS
Census Tract950300
Assessed Land Value$20,480
Assessed Improvement Value$142,850
Assessment Year2025

About this property

Cozy Country Charm in Sweet Nocona, Texas! Welcome home to peaceful small-town living in the heart of Nocona. Known for friendly neighbors, quiet streets, and true Texas charm, Nocona is the kind of place where life slows down and evenings are best spent under the stars. This inviting 3-bedroom home is full of warmth and character. Step inside to a spacious step-down living room where a beautiful brick gas fireplace creates the perfect cozy gathering place on cool evenings. The open-concept layout allows everyone to feel connected, making it ideal for gatherings and everyday living. The updated kitchen offers a welcoming wrap-around bar for morning coffee, casual meals, or chatting while dinner is cooking, plus a handy butler’s pantry for extra storage and prep space. Easy-care luxury vinyl plank flooring adds comfort and practicality throughout. Out back, you'll find a relaxing patio made for star gazing, quiet mornings, and country sunsets. The yard gives you plenty of room for kids, pets, gardening, or simply enjoying the open air. Backing up to treed acreage for privacy, covered carport, and lovely front landscaping that welcomes you home. Enjoy the peaceful feel of country living while still having the convenience of city water, sewer, and electric.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$118,336Estimated Mortgage Balance
$98,664Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,314 /month
Positive
Cash Flow Estimate:
$438 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,317
$163,330
2025
$20,480
$142,850
$163,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,317
$163,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Jacksboro National Bank
Conventional
$119,200
No
First
Jan 14, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,336
$98,664
45%
55%
$715/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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902 Fannin St | Property Details | No Agent List