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Property Description
Sellers Sell out!!! Builders Dream for a New Development. 100 Plus lots available for Investors future plans. 1.5 hour drive from Frisco and the DFW Metroplex, this 1,300 acre North Central Texas rural residential gated community on Lake Nocona in Montague County Texas is a quiet, Beautiful undiscovered gem that must be seen in person to fully appreciate. Much of this prime waterfront development on Lake Nocona is now available as the seller is offering an incredible 100 individually deeded and platted .25 acre residential lots, Some lots are larger up to .50 all complete with electricity, water and high-speed internet service. Being offered at only $10,000 per lot only in this bundle deal, this listing presents an incredible opportunity for an investor, residential home builder or a 1031 exchange buyer looking to park their capital in a once in a lifetime opportunity. Nocona Hills is a residential gated community with a private community boat ramp on Lake Nocona, an 18-hole private golf course and an exceptional 3000' grass over asphalt airpark landing strip. 24 hour manned gate Association. All 100 lots are platted and deeded with public water provided by the Nocona Hills Water Supply Corp with electrical service conveniently supplied by PenTex Energy. This property is a dream for developers or builders seeking to create a signature project without the upfront cost of water, electricity and utility infrastructure. Nocona Hills offers an unparalleled lifestyle perfect for families, retirees, and vacationers alike. Exciting News, Club house and pool are under remodel so fun for the community. Developer Builder Investment Special! Beautiful Golf course lots over looking the well maintained golf course. There are a variety of nice lots that have lake gorgeous views. Two private lakes (one listed as top 5 Bass fishing Texas) a community boat ramp and dock ready to put your boats out on the water and enjoy the Lake life. Lots have mature trees great shade space to enjoy
Full Property Details
Full Property Details for 161 Nocona Dr
General
- Price: $999,000
- HOA FEE: $117/month
- HOA FEE FREQ.: Annually
- Taxes: $56
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21380396
- Updated: 9/9/2026
- Added to Site: 1 day(s) ago
Location
- County: Montague
- Subdivision: Nocona Hills
- Driving Directions: GPS
School Information
- Elem School District: Nocona ISD
- Midd School District: Nocona ISD
- High School District: Nocona ISD
- Elementary School: Nocona
- Middle School: Nocona
- High School: Nocona
Community
- Association: Yes
- Assoc. Name: Nocona Hills Owners Association
- Assoc. Fees Include: All Facilities, Maintenance Grounds, Security
Utilities
- Utility Description: Electricity Available, None
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Development, Investment, Residential, Single Family
Lot Features
- Lot Size (Acres): 45
- Lot Size (Sq. Ft.): 1,960,200
- Topography: Hill
- Lot Features: Acreage, Cleared, Corner Lot, Cul-De-Sac, Hardwood Trees, Level, On Golf Course, Rolling Slope, Many Trees
- Development Status: Zoned
- Zoning: Residential
Financial Considerations
- Association Fee: $1,400
- Assoc Fee Freq.: Annually
- Tax Amount: $56
- Terms: Cash, Conventional, 1031 Exchange, FHA, Private Financing Available, VA Loan
Disclosures and Reports
- Legal Description: LOT 2426 NOCONA HILLS INVENTORY
- Disclosures/Rstr.: Deed Restriction, Easement(s)
- Property ID: R000020192
- Lot Number: 2426
Listed by Ebby Halliday Realtors, Jaredean Obrien
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Schools
Schools serving 161 Nocona Dr
School District:Nocona Independent School District
| Name | Grades | Distance |
|---|---|---|
Nocona Elementary School 300 Montague Street, Nocona, TX 76255 | PK-5 | 6.4 mi |
Nocona Middle School Cooke and Cottonwood, Nocona, TX 76255 | 6-8 | 6.2 mi |
Nocona High School 1012 Clay Street, Nocona, TX 76255 | 9-12 | 6.1 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 161 Nocona Dr
Date
Details
Price
Change
Source
9/09/2026
Listed
$999,000
—
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 161 Nocona Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$37
61%
$3,250
—
2022
$23
—
$3,250
117%
2022
$23
-30%
$1,500
-25%
2021
$33
—
$2,000
—
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 161 Nocona Dr
161 Nocona Drive, Nocona, TX 76255 (MLS# 21380396) is a Lots/Land property with a lot size of 45 acres. 161 Nocona Drive is currently listed for $999,000 and was received on September 09, 2026. Want to learn more about 161 Nocona Drive? 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.

