Welcome to 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, 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 158 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 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 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 158 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.
Lot/land
$1,900,000
161 Nocona Dr, Nocona, TX 76255
--beds
--baths
45Acres
Unimproved Land
Built in ----
45 Acres Lot
$-- Zestimate®
$--/sqft
$33/mo HOA
What's special
Gorgeous viewsPrime waterfront developmentMature trees
- 184 days
- on Zillow |
- 28 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 09:54am
Listed by:
Jaredean Obrien 0690598 903-893-5921,
Ebby Halliday Realtors 903-893-5921
Source: NTREIS,MLS#: 20849800
Travel times
Facts & features
Interior
Video & virtual tour
Property
Parking
- Parking features: RV Access/Parking
Features
- Pool features: Community
Lot
- Size: 45 Acres
- Features: Acreage, Cleared, Hardwood Trees, On Golf Course, Many Trees, Few Trees
- Residential vegetation: Cleared, Wooded
Details
- Parcel number: R000020192
- Zoning description: Residential
Utilities & green energy
- Sewer: None
- Utilities for property: Electricity Available, Sewer Not Available
Community & HOA
Community
- Features: Boat Facilities, Clubhouse, Fishing, Golf, Gated, Pool, Lake
- Security: Gated with Guard
- Subdivision: Nocona Hills
HOA
- Has HOA: Yes
- Services included: All Facilities, Maintenance Grounds, Security
- HOA fee: $400 annually
- HOA name: Nocona Hills Owners Association
- HOA phone: 940-825-3445
Location
- Region: Nocona
Financial & listing details
- Tax assessed value: $3,250
- Annual tax amount: $55
- Date on market: 2/24/2025
- Cumulative days on market: 184 days
- Electric utility on property: Yes
- Road surface type: Gravel
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