324 Nocona Dr Nocona, TX 76255

This exceptional investment opportunity encompasses a sprawling 1,500-acre gated community in Nocona, Texas, offering a unique blend of residential and commercial potential. The property includes over 500 prime residential lots, categorized as lakefront, golf course, airstrip, and leisure lake properties, catering to a diverse range of lifestyles. In addition to the residential lots, there are also 3-acre and 9-acre commercial parcels available within the gated community, presenting significant development opportunities. The existing infrastructure includes a private marina and an 18-hole golf course, enhancing the overall appeal and value of the property. Located in Montague County, Texas, with easy access via Nocona Dr, zip code 76255, this property is ideally situated to capitalize on the growing demand for residential and commercial development in a desirable Texas location. The asking price is $9,449,000, and the sale is structured to facilitate a 1031 exchange. This presents a rare chance to acquire a large-scale development project in a picturesque setting, offering a diverse range of development possibilities for discerning investors. The property's location, amenities, and existing infrastructure combine to create a compelling investment opportunity with significant long-term growth potential. This is an ideal project for developers seeking to create a signature development in a thriving Texas community.