Paragon Realtors Real Estate

161 Nocona DriveNocona, TX 76255Price: $999,000

  • Price: $999,000
  • Est. Mortgage of $/month
  • 9 Days on Market
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Federal 30-year interest rate: 6.76% last updated on Sep 10, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $999,000List Price
  • 45Acreage

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Listed by Jaredean Obrien of Ebby Halliday Realtors (903-893-5921)
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

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Based on information submitted to North Texas Real Estate Information Services as of September 17, 2026 8:30 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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