102 Comanche Trail Nocona, TX 76255
Estimated payment $27,327/month
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
Compass RE Texas, LLC Brokerage Phone: 214-418-0455 License #0669753 Listed on: 08/16/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/16/2025 08/16/25 | For Sale | $5,000,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | -- | None Available |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21034178

APN: R000018542
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