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1732 Black Road, Nocona, TX 76255

Compass Realty Group
Listed by Compass Realty Group
$24,888,000
17 days on market
Updated 17 days ago

JELLYSTONE WATERPARK @LAKE NOCONA

Details
Property Type Hospitality, Land (+1)
Sub Type Hunting/Recreational, Residential (+1)
Acreage 1073.000
Ground Lease No
Sale Condition N/A

A Legendary North Texas Destination Opportunity

Marketing description

$25 MILLION NEW CONSTUCTION Opportunity – Redhawk Lake Ranch Jellystone Resort

A rare 1,073-acre lakefront ranch in Montague County, Texas, is being offered as a fully entitled development platform for the next premier family destination in North Texas. Priced at $25 million (including the $9.4 million land acquisition), this project envisions a 200-acre flagship Jellystone Park featuring 150 premium RV sites, 25 luxury casitas, a signature waterpark with major slides and lazy river, lodge/restaurant, and direct Lake Nocona access. The remaining 873 acres will be preserved as an authentic Texas ranch for hunting, fishing, trails, and high-margin events.

Just 90 minutes from the 8.4-million-person DFW metro via RV-friendly highways, this blue-ocean opportunity combines explosive outdoor hospitality demand with strong projected stabilized revenue of $7M+ and NOI exceeding $2.3M.

This is more than a real estate deal — it is the creation of a generational legacy asset: the definitive Jellystone of North Texas. Serious investors seeking a high-conviction, diversified hospitality platform are invited to act.

[email protected]

Contact DANA GENERALLY DIRECTLY @424-310-9486

Investment highlights

WHO DOESNT LOVE YOGI BEAR AND WATERSLIDES!

25m Capital Raise - Family Entertainment-Destination/Texas Hill Country 90mins from Dallas Fort Worth.

(1,073 acre Ranch+ Jellystone RV/Waterpark /Restaurant/ Casitas/150+ RV sites/ Dry Camping/ Clamping/ events

Scenic LAKE NOCONA frontage!

Jellystone RV/ Waterpark etc- 200 acres

873 acre expansion+revenue opportunities in Hunting, fishing,

CONTACT

Dana Generally

[email protected]

Belle Campagne, LLC

(424) 310-9486

Listing Contacts

Compass Realty Group
Listed by Compass Realty Group

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