140 Elm Road

Nocona, TX
$ 245,000 Beds 3 Baths 2 Sq 1,200 Virtual Tour
Monthly Estimate* How much can I afford?

Enjoy the peace and beauty of lake living in this charming 3-bedroom, 2-bath cottage-style home in Nocona Lake Estates. Whether you're looking for a full-time home, weekend getaway, or investment property, this home offers a great opportunity to enjoy everything Lake Nocona has to offer. Situated on spacious lots surrounded by beautiful mature shade trees, the property offers peaceful surroundings and scenic lake views. The fenced yard provides plenty of room for pets, children, entertaining, or simply relaxing outdoors and enjoying the setting. This home has been thoughtfully updated with numerous improvements, including a brand-new septic system, completed foundation repairs, new subflooring and flooring throughout, and mini-split systems for efficient heating and cooling. The updated kitchen features new cabinetry, a Kohler cast iron sink, new dishwasher and microwave, and a newly added kitchen bar that creates a great space for meals, gathering, and entertaining. The hall bathroom has also been remodeled with a new shower, toilet, and vanity. Additional updates include electrical and plumbing improvements, new light fixtures and faucets throughout, and fresh paint inside and out. An RV hookup has also been added outside for additional convenience. The home also has a current FHA appraisal with an appraised value of $277,000, providing valuable information for buyers considering this property. With its mature trees, lake views, fenced yard, spacious lots, and extensive list of recent updates, this cottage is ready for its next owner. Whether you're spending the weekend at the lake or making it your everyday home, you'll love the opportunity to slow down, relax, and enjoy lake life at Nocona Lake Estates.

Active

  • Price
  • $ 245,000
  • City
  • Nocona
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MONTAGUE
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 1.01 Acres
  • Zip
  • 76255
  • Sqr Footage
  • 1,200
  • Year Built
  • 1955
  • Taxes
  • $ 3069
  • Style
  • Single Family Residence
  • MLS#
  • 21280238
Listed By: The Real Estate Station- Saint Jo
Data Source: North Texas Real Estate Info Systems (NTREIS)

Features

General

Heating Central
Cooling Central Air
Utilities Electricity Connected,Rural Water District,Septic,Well,No City Services
Possession Closing/Funding
Appliances Built-in Refrigerator,Dishwasher,Electric Range
School District Prairie Valley ISD
Year Built 1955
Levels One
Unexempt Taxes 3069
Will Subdivide No
Property Subtype Single Family Residence
Subdivision Name Nocona Lake Estate
Transaction Type For Sale
Occupant Type Owner
Carport Spaces 2
County Montague
Property Type Residential
Construction Materials Rock/Stone,Wood
HOA Type None
Full Baths 2
Status Active
Directions From Nocona: From Highway 82,turn north on Clay Street (Highway 103) and go to Gilbert Road. Turn Right on Gilbert Road and go to the T. Turn left on FM 3428,then turn right on FM 1106. Turn righ
City Nocona
Elementary School Name Prairie Va
High School Prairie Va
Elementary School Prairie Va
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/21280238
Standard Status Active
Listing Terms 1031 Exchange,Cash,Conventional,FHA

Interior Features

Interior Features Eat-in Kitchen,Natural Woodwork
Living Areas 1
Room Count 7
Lock Box Type Combo
Total Bedrooms 3
Total Baths 2

Exterior Features

Waterfront Yes
Lot Features Water/Lake View,Waterfront
Fencing Back Yard,Chain Link
Other Structures Outbuilding
Lot Size Source Other
Parking Features Attached Carport,On Site
WaterFront Features Lake Front,Lake Front - Common Area,Lake Front – Main Body
Lot Size 1 to < 3 Acres
Covered Spaces 2
Lot Size Area 1.0100
Lot Size Units Acres
Structural Style Lake House,Single Detached
Lot Size Square Feet 43995.6000
Lot Size Acres 1.0100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Waco, TX office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Prairie Va Elementary School
Middle School Unknown Middle School
High School

Price History

5/26/2026 Listed $275,000
6/7/2026 3% - $269,000
6/27/2026 9% - $245,000

Property vs Zip Code Average in 76255

Price
AVG $460K
$250K
Taxes
AVG $4,396
$3,069
Year Built
AVG 1984
1955
Visits
AVG 93
76
Data Provided by Inside Real Estate®

Areas That We Cover

140 Elm Road Nocona, TX is a Single Family Home for sale at $245000 with 1200 sqft and a lot size of 1.01 Acres Acre(s). 140 Elm Road Nocona has 3 bedrooms, 2 baths and was built in 1955. The property's zip code is 76255 which is in Nocona, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.