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1188 Casino Rd, Nocona, TX, 76255

4beds
1baths
2,240sqft
$550,000
$246price/sqft
$4,439/moest. monthly cost
$177,560/yrincome needed

About This Home

Lakefront Living on Lake Nocona! Escape to this spacious 4-bedroom, 1-bath lake house nestled on over an acre of prime waterfront property on Lake Nocona. With plenty of room to spread out, this property offers a large yard perfect for outdoor fun, gatherings, and making lasting memories. The open-concept floor plan creates a welcoming space for entertaining family and friends, while the covered dock provides easy lake access for boating, fishing, and relaxing by the water. The windows provide a great view of the lake from the game room inside the home! Located on one of North Texas’ premier fishing and recreational lakes, this is the perfect getaway or full-time retreat for those seeking peaceful lake life with endless opportunities for adventure.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

5/10
Nocona Elementary SchoolGrades PK-57.8 mi
6/10
Nocona Middle SchoolGrades 6-87.3 mi
5/10
Nocona High SchoolGrades 9-127.2 mi

Construction

Condition

  • Year built: 1985

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Bedroom

  • Level: Second
  • Dimensions: 0 x 0

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Decorative/Designer Lighting Fixtures,Eat-in Kitchen,Open Floorplan
  • Flooring: Laminate,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total interior livable area: 2,240 sqft

Living Room

  • Level: Second
  • Dimensions: 0 x 0

Master Bathroom

  • Features: Built-in Features
  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Features: Built-in Features,Ceiling Fan(s)
  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: R000021421
  • Attached to another structure: Yes

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered
  • Exterior features: Boat Slip,Rain Gutters
  • On waterfront: Yes
  • Waterfront features: Boat Dock/Slip,Lake Front
  • Waterbody name: Nocona

Lot

  • Lot size: 1.41 Acres
  • Features: Back Yard,Lawn

Parking

  • Total spaces: 2
  • Parking features: Additional Parking,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Drought
    DroughtRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Tornado
Drought
Heat Wave
Ice Storm
Strong Wind
Cold Wave
Hail
Inland Flooding
Wildfire
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,781$33,372
Home Insurance *$695$8,340
Property Taxes $718$8,616
Electricity $245$2,951
Total$4,439$53,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,194/yr
40% on housing$133,170/yr
45% on housing$118,373/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$246This listing

vs Other Active Listings

Avg $/sqft

ZIP 76255$138
Montague County$256

vs Homes Sold Last Month

Median $/sqft

ZIP 76255
Montague County$153

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Price change$550,000
2026-06-26Price change$575,000
2021-06-08Pending sale$415,000
2021-05-20Listed for sale$415,000
2019-11-26Sold--
2019-11-17Pending sale$265,000
2019-08-07Price change$265,000
2019-06-06Price change$274,500
2019-04-01Listed for sale$280,000
2018-11-01Listing removed$255,000
2018-10-10Price change$255,000
2018-05-23Listed for sale$270,000

For Sale by Agent

AgentGary Eldred
BrokerageRed River Realty

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