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    2 Gray Rd Nocona, TX 76255

    For Sale
    $152,400

    Unimproved Land - Nocona, TX

    Type:Unimproved Land
    Lot size:
    12.00 Acres
    Days on Market:
    264
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 2 Gray Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R000022729
    Lot size
    12.00 Acres

    Building Details

    Architectural style
    Other

    Red River Realty (940) 235-0843

    Listing agent Gary Eldred (940) 235-0843 License #0664964

    Listing date Mar 19, 2025

    MLS# 20130315 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Nocona, TX Unimproved Land

    This is a 12-acre tract of unimproved land located in Nocona, Texas. The property is situated approximately 6 miles from downtown Nocona, making it a convenient location. It is suitable for building a new home or barndominium. The property features Pentex electric, which is installed underground. Access to the property is provided by a private road.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Nocona
    County
    Montague
    State
    Texas
    Longitude
    -97.75922
    Latitude
    33.911593

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    FAQs

    What type of property is this?
    Land - 12 acre lot suitable for building a home or barndominium.
    Where is this land located?
    The property is located at 2 Gray Rd Nocona, TX.
    What is the asking price?
    The asking price for this property is $152,400.
    What are key features of this property?
    This property features: - Owner financing available; - Ideal size and location for building a home or barndominium; - Located 6 miles from downtown Nocona
    (940) 235-0843
    Request Owner's contact information
    2 Gray Rd Nocona, TX 76255
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Gray Rd Nocona, TX 76255
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