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$139,000 Just Listed
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Property Description
Build your dream lakefront retreat on just over half an acre of waterfront property on beautiful Lake Nocona, located inside the gated and guarded Nocona Hills community with 24-7 security. With electricity, water, and septic already in place, much of the groundwork has been done. All that's left is to bring your vision to life. Imagine waking up to peaceful lake views, spending your mornings fishing and your afternoons boating, swimming, golfing, or simply relaxing by the water. Lake Nocona has been voted one of the top bass fishing lakes in Texas, making this an incredible opportunity for anglers and outdoor enthusiasts. Nocona Hills offers a lifestyle unlike most communities, with access to Lake Nocona, an 18-hole golf course, private airstrip, community amenities, rolling terrain, mature trees, wildlife, and wide-open North Texas skies. Aviation enthusiasts can enjoy the convenience of flying directly into the community, while golfers, boaters, and nature lovers have endless ways to enjoy their time outdoors. Whether you are looking to build a weekend getaway, income-producing investment property, or your forever home on the water, this property offers the perfect setting. Enjoy peaceful lake living while still being approximately 20 minutes from Saint Jo for local dining, entertainment, and nightlife. Build the home you've always wanted and enjoy the unique opportunity to live where lake life, golf, aviation, and the beauty of North Texas all come together.
Full Property Details
Full Property Details for 157 Cherokee Trail
General
- Price: $139,000
- HOA FEE: $33/month
- HOA FEE FREQ.: Annually
- Taxes: $947
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21377760
- Updated: 9/4/2026
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Gated with Guard
Location
- County: Montague
- Subdivision: Nocona Hills
- Driving Directions: Use GPS
School Information
- Elem School District: Prairie Valley ISD
- Midd School District: Prairie Valley ISD
- High School District: Prairie Valley ISD
- Elementary School: Prairie Va
- Middle School: Prairie Va
- High School: Prairie Va
Community
- Gated community: Yes
- Association: Yes
- Assoc. Name: Nocona Hills Owner Association
- Assoc. Fees Include: Association Management
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
Lot Features
- Property View: Water
- Lot Size (Acres): 0.6565
- Lot Size (Sq. Ft.): 28,597.14
- Lot Features: Waterfront
- Development Status: Other
- Zoning: Residential
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Name: Nocona
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Association Fee: $400
- Assoc Fee Freq.: Annually
- Tax Amount: $947
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: Lot 1273; Nocona Hills
- Property ID: R000019162
- Lot Number: 1273
Listed by RE/MAX Trinity, Stacei Shelley
Get Pre-Approved Today
Schools
Schools serving 157 Cherokee Trail
School District:Prairie Valley Independent School District
| Name | Grades | Distance |
|---|---|---|
Prairie Valley Elementary School 12920 Fm 103, Nocona, TX 76255 | PK-5 | 4.8 mi |
Prairie Valley High School 12920 Fm 103, Nocona, TX 76255 | 6-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 Cherokee Trail
Date
Details
Price
Change
Source
9/03/2026
Listed
$139,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 157 Cherokee Trail
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
$69,440
—
2022
-100%
$69,440
-16%
2021
$305
—
$83,130
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 Cherokee Trail
157 Cherokee Trail, Nocona, TX 76255 (MLS# 21377760) is a Lots/Land property with a lot size of 0.6565 acres. 157 Cherokee Trail is currently listed for $139,000 and was received on September 03, 2026. Want to learn more about 157 Cherokee Trail? Do you have questions about finding other Lots/Land real estate for sale in Nocona? You can browse all Nocona real estate or contact a Coldwell Banker agent to request more information.

