Is Nocona, TX a good place to invest in rental property?

Nocona, TX has a median modeled monthly cash flow of $-467 and a median cap rate of 3.9%, on a median sold price of $215,000. Prices changed +1.4% year over year.

What is the average cap rate in Nocona, TX?

The median cap rate across recently sold homes in Nocona, TX is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nocona, TX?

The median sold price in Nocona, TX is $215,000 (about $145 per square foot).

Investing in Nocona, TX Real Estate

A data-driven snapshot of the Nocona, TX rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$215,000Median sold price

$145Median $/sqft

3.9%Median cap rate

$-467Modeled cash flow / mo

+1.4%Appreciation YoY

14.7Months of supply

38Active listings

31Sold (last 12 mo)

What the Nocona numbers say

In Nocona, TX, the median home sold for $215,000 (about $145 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-467 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 14.7 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Texas markets to compare

See Nocona cash-flowing listings

CashFlowRE ranks every for-sale home in Nocona, TX by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Nocona deals, or browse the national market data.