1415 Co Rd 306, Rainbow, TX 76077 Property Records

Somervell County property record for 1415 Co Rd 306, Rainbow, TX 76077

Property Summary

Property Type	Rural Home
Details	1 ba · 1,960 sqft · built 1994
Lot Size	2.98 acres (129,809 sqft)
Owner	2 Individual Names on Record
Last Sale	$349,800 (Nov 2019)
Tax Bill	$4,811 (2026)
Deeds & Mortgages	May 2019 Mortgage Sep 2020 Mortgage + 2 more
Flood Zone	Zone X (minimal risk)
APN	`R000011633`

Property Details

APN / Parcel Number

Primary APN	`R000011633`
Alternative APN	`101350000069002000`

Interior

Full Baths	1 Bath
Building Area	1,960 sqft Living Area
Gross Area	2,280 sqft
1st Floor Area	1,176 sqft

Exterior

Year Built	Built 1994
Effective Year Built	Effective 1994
Exterior Material	Wood Siding
Roof Type	Gable
Lot Area	129,809 sqft (2.98 acres)
Garage Type	Detached
Garage Area	1,200 sqft
Porch	Porch
Porch Area	120 sqft

Location & Zoning

Street Address	1415 COUNTY ROAD 306
City	RAINBOW
State	TX
Zip	76077-2717
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	ACRES: 2.980 TRACT: 69-2 ABST: A135 A135 MILAM CO SCH LD TRACT 69-2 ACRES 2.98
Legal Subdivision	SCHOOL LAND SURVEY ABSTRACT NO
Legal Tract	69-2
Jurisdiction	SOMERVELL TX
Township / Civil Division	GLEN ROSE
Census Block Group	4
Census Block	4015
Census Tract	101

Owner

Source: Somervell County records, as of September 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	1415 COUNTY ROAD 306, RAINBOW, TX 76077-2717
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
May 13, 2019	Deed of Trust, Mortgage · Loan Assumption PATRICK COCHRANE
Sep 17, 2020	Deed of Trust, Mortgage · FHA Mortgage NATIONSTAR MORTGAGE LLC
Nov 26, 2019	Vendor's Lien, Transfer · FHA Mortgage OPEN MORTGAGE LLC
May 9, 2019	Intrafamily Transfer, Transfer FIRST FINANCIAL BANK NA

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Nov 26, 2019 · Amount on Record
Deed Sale	Nov 26, 2019 · Amount on Record
Prior Sale	May 9, 2019 · Amount on Record
Deed Document Number	20191995
Prior Transfer Date	Jan 31, 2019
Prior Transfer Doc	20190774
Record Updated	Oct 29, 2026

May 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SOMERVELL TX
Property Address	1415 COUNTY ROAD 306, RAINBOW, TX 76077-2717
Transaction Type	Mortgage
Record Updated	Feb 7, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	20190788
Date	May 13, 2019
Instrument	20190788

Lender

Name	PATRICK COCHRANE
Type	Private Party
Address	510 E LEXINGTON ST, GORMAN, TX 76454

Agreement

Type	Loan Assumption
Amount	Amount Recorded

September 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SOMERVELL TX
Property Address	1415 COUNTY ROAD 306, RAINBOW, TX 76077-2717
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	20201704
Date	Sep 17, 2020
Instrument	20201704

Lender

Name	NATIONSTAR MORTGAGE LLC
Type	Mortgage Company
Address	COPPELL, TX 75019

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Oct 1, 2050

November 2019: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	SOMERVELL TX
Recording Date	Nov 26, 2019
Property Address	1415 COUNTY ROAD 306, RAINBOW, TX 76077-2717
Document Number	20191995
Instrument Date	Nov 20, 2019
Instrument	20191995
Transaction Type	Transfer
Record Updated	Dec 2, 2021
Title Company	CENTRAL TEXAS TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1008 SIERRA VISTA DRIVE, 1008, LYNNWOOD, WA 98046

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	PO BOX 202, RAINBOW, TX 76077-0202

Mortgage

Document Number	20191996
Date	Nov 26, 2019
Instrument	20191996

Lender

Name	OPEN MORTGAGE LLC
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2049

May 2019: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	SOMERVELL TX
Recording Date	May 9, 2019
Property Address	1415 COUNTY ROAD 306, RAINBOW, TX 76077-2717
Document Number	20190774
Instrument Date	Jan 31, 2019
Instrument	20190774
Transaction Type	Transfer
Record Updated	Dec 2, 2021

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	510 E LEXINGTON ST, 510, GORMAN, TX 76454-3059

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1008 SIERRA VISTA DR, GRANBURY, TX 76048-2761

Mortgage

Date	May 9, 2019

Lender

Name	FIRST FINANCIAL BANK NA
Type	Bank

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Somervell County assessment roll, as of January 20, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Somervell County
Unified School District	Glen Rose Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$4,811.00 (+320.17%) Homeowner's exemption Senior Citizen's exemption	$359,490 (-) Land $104,300 Building $255,190	$359,490 (-) Land $104,300 Building $255,190
2025	$1,145.00 (-49.89%) Homeowner's exemption Senior Citizen's exemption	$359,490 (-) Land $104,300 Building $255,190	$359,490 (-) Land $104,300 Building $255,190
2023		$359,490 Land $104,300 Building $255,190	$359,490 Land $104,300 Building $255,190
2022	$2,285.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 22, 2023 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	5 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	High above 84% of the US · above 80% of Texas
Wildfire Likelihood	0.6% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	SOMERVELL COUNTY WATER DISTRICT serves 3,666 people · EPA ID TX2130042
Water Source	Surface water
Last State Inspection	Sep 2024
Lead	Under 1 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Listed by EPA as a serious violator for missed monitoring and reporting.

Water Quality	Total trihalomethanes not recorded as resolved · Apr 2026 Haloacetic acids resolved · Jan 2026
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. This system sells water to local utilities; the supplier billing this address may be one of them.

Internet Providers

Source: FCC Broadband Data Collection, based on 17 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Starlink Satellite	280 / 30
Rise Broadband Fixed Wireless	50 / 10

May also be available: AT&T, Nextlink, Windstream.

Cell Coverage

5G (outdoors only) and 4G LTE

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