0 Fm 103 Nocona, TX 76255
Exceptional 342.8-acre agricultural property nestled in Montague County, Texas, near Nocona. This expansive land boasts picturesque scenery, featuring varying elevations, Farmer's Creek, ponds, fields, and a diverse array of trees. Its strategic location on FM 103, between Lake Nocona and Spanish Fort, offers convenient access while maintaining a tranquil atmosphere. The property is enhanced by two water wells, one reaching the Trinity Aquifer, ensuring a reliable water source. Existing infrastructure includes a sizable barn and cattle pens, ideal for agricultural pursuits. A recent survey has been completed, with the buyer responsible for half the cost. The land is cross-fenced for efficient management. Wildlife enthusiasts will appreciate the abundant wildlife viewing opportunities. The property is currently zoned for agricultural use and is free of active oil wells. Mineral rights are available for separate purchase. This versatile property presents endless possibilities, whether for hunting, residential use, farming, a weekend retreat, or a business venture. This is a truly unique opportunity to own a piece of Texas' natural beauty.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.