$5,000,000

102 Comanche Trail Nocona, TX 76255

Estimated payment $27,327/month

Total Views 612
125 Acres
$40,000 Price per Acre
5,445,000 Sq Ft Lot

Highlights

  • Airport or Runway
  • On Golf Course
  • RV Access or Parking
  • Lake Front
  • Fishing
  • Gated Community

About This Lot

Welcome to beautiful Nocona Hills! Only a short 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, mostly 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 500 individually deeded and platted .25 acre residential lots, all complete with electricity, water and high-speed internet service. Being offered at only $10,000 per residential lot, 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, a club house that is the process of being completely renovated, and an exceptional 3000’ grass over asphalt airpark landing strip. The roads and the 24 hour manned gate are maintained and provided by the Nocona Hills Homeowner's Association. All 500 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. There is also a commercial real estate office located at the entrance of the development that comes with this package so that land parcels and future home sites can continue to be sold to guests who are visiting the area. Reach out to listing agent for more details.

Listing Agent

JP Findley

Compass RE Texas, LLC Brokerage Phone: 214-418-0455 License #0669753 Listed on: 08/16/2025

Compass RE Texas, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $426

Lot Details

  • 125 Acre Lot
  • Lake Front
  • On Golf Course
  • Brush Vegetation
  • Corner Lot
  • Interior Lot
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Many Trees
  • 500 Lots in the community
  • Zoning described as Residential and Commercial

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • RV Access or Parking

Schools

  • Nocona Elementary School
  • Nocona High School

Utilities

  • No Cooling
  • Underground Utilities
  • Propane
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 550
  • Assessor Parcel Number R000018542

Community Details

Overview

  • Association fees include all facilities, management, ground maintenance, security
  • Nocona Hills Association
  • Nocona Hills Subdivision
  • Community Lake
  • Greenbelt

Amenities

  • Restaurant
  • Airport or Runway

Recreation

  • Golf Course Community
  • Fishing

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$426

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • OWNERNAME: See Agent
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Security: Gated with Guard
  • Water Body Name: Nocona
  • Attribution Contact: 214-418-0455
  • Co List Office Mls Id: CMPS04
  • Special Features: VirtualTour

Exterior Features

  • Community Features: Clubhouse, Fishing, Golf, Gated, Restaurant, Airport/Runway, Trails/Paths, Lake
  • Topography: Hill
  • Waterfront: No
  • RoadFrontageType: City Street, All Weather Road
  • RoadSurfaceType: Concrete

Garage/Parking

  • Cooling System: None
  • Parking Features: RV Access/Parking

Utilities

  • Sewer: None, Septic Tank
  • Heating: None
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Propane, Phone Available, Septic Available, Separate Meters, Sewer Not Available, Underground Utilities, Water Available
  • Heating Yn: No

Condo/Co-op/Association

  • HOA Fee Includes: All Facilities, Association Management, Maintenance Grounds, Security
  • Association Fee: 1200.0
  • Association Fee Frequency: Annually
  • Association Name: Nocona Hills

Association/Amenities

  • DevelopmentStatus: Site Plan Approved, Streets Installed

Schools

  • Elementary School: Nocona
  • High School: Nocona
  • Junior High Dist: Nocona ISD

Lot Info

  • PossibleUse: Commercial, Manufactured Home, Ranch, Residential, Recreational, Single Family, Unimproved, Vacant
  • Lot Features: Corner Lot, Greenbelt, Interior Lot, Level, On Golf Course, Many Trees, Few Trees, Rolling Slope
  • Lot Size Units: Acres
  • Lot Size Area: 125.0
  • Parcel Number: R000018542
  • Lot Size Acres: 125.0
  • Lot Size Sq Ft: 5445000.0
  • Zoning Description: Residential and Commercial
  • Present Use: Commercial, Residential, Single Family, Unimproved, Vacant

Building Info

  • SeniorCommunityYN: No

Multi Family

  • Number Of Lots: 500
  • WaterfrontFeatures: Lake Front

Tax Info

  • Tax Lot: 550
  • Tax Annual Amount: 426.0

MLS Schools

  • MiddleOrJuniorSchool: Nocona

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $426 $25,000 $25,000 $0
2023 $106 $7,500 $7,500 $0
2022 $115 $7,500 $7,500 $0
2021 $10 $590 $590 $0
2020 $9 $500 $500 $0
2019 $9 $500 $500 $0
2018 $9 $500 $500 $0
2017 $9 $500 $500 $0
2016 $9 $500 $500 $0
2015 -- $500 $500 $0
2014 -- $500 $500 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 For Sale $5,000,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21034178

North Texas Real Estate Information Systems (NTREIS)

APN: R000018542