Cooke County property record for 1506 Olive St, Gainesville, TX 76240
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 2 ba · 1,851 sqft · built 1944 |
| Lot Size | 0.689 acres (30,004 sqft) |
| Owner | Company Name on File |
| Tax Bill | $3,582 (2026) |
| Flood Zone | Zone X (minimal risk) |
| APN | 1059-012-00000 |
| Primary APN | 1059-012-00000 |
|---|---|
| Alternative APN |
|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 2 Baths |
| Building Area | 1,851 sqft Living Area |
| Gross Area | 2,696 sqft |
| 1st Floor Area | 1,851 sqft |
| Storm Shelter | Storm Shelter |
| Storm Shutters | Storm Shutters |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1944 |
|---|---|
| Effective Year Built | Effective 1944 |
| Exterior Material | Siding |
| Foundation Type | Pier/Post & Beam |
| Roof Material | Composition Shingle |
| Lot Area | 30,004 sqft (0.689 acres) |
| Garage Type | Carport |
| Garage Area | 210 sqft |
| Carport | Carport |
| Carport Area | 210 sqft |
| Parking Spaces | 1 Parking Space |
| Porch | Patio |
| Porch Area | 330 sqft |
| Cooling System | Central |
|---|---|
| Heating System | Central |
| Account Number | 1059-012-00000 |
|---|---|
| Street Address | 1506 OLIVE ST |
| City | GAINESVILLE |
| State | TX |
| Zip | 76240-3563 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | TOBY T 1059 |
| Legal Subdivision | TOBY T |
| Jurisdiction | COOKE TX |
| Township / Civil Division | GAINESVILLE |
| Census Block Group | 3 |
| Census Block | 3011 |
| Census Tract | 600 |
1506 Olive St is owned by a company that acquired it in April 2025.
Source: Cooke County records, as of October 20, 2026
| Owner of Record | Company Name on File |
|---|---|
| Mailing Address | PO BOX 1272, PILOT POINT, TX 76258-1272 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Apr 25, 2025 |
| Deed Sale | Apr 25, 2025 |
| Prior Sale | Sep 12, 2013 |
| Deed Document Number | 20252762 |
| Deed Book / Page | 2707 / 149 |
| Record Updated | Oct 29, 2026 |
The 2026 property tax bill for 1506 Olive St was $3,582, up 5.9% from the year before.
Source: Cooke County assessment roll, as of June 2, 2026
| Type | Name |
|---|---|
| State | Texas |
| County | Cooke County |
| Municipality | Gainesville City |
| Unified School District | Gainesville Independent School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $3,582.00 (+5.94%) | $171,213 (+5.93%) Land $54,303 Building $116,910 | $171,213 (+5.93%) Land $54,303 Building $116,910 |
| 2025 | $3,381.00 (+10.06%) | $161,623 Land $54,303 Building $107,320 | $161,623 Land $54,303 Building $107,320 |
| 2024 | $3,072.00 | ||
| 2023 | $163,696 Land $49,503 Building $114,193 | $163,696 Land $49,503 Building $114,193 | |
| 2022 | $3,330.00 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1506 Olive St in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2007.
Source: FEMA National Flood Hazard Layer, effective April 26, 2016 · 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 | 1 in force |
| Nearby Flood Claims | 1 (2007) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | Jun 2007 · Severe Storms, Tornadoes, And Flooding |
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 risk around 1506 Olive St is low, with less than a 0.01% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 98% of the US · lower than 98.8% of Texas |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | CITY OF GAINESVILLE serves 18,107 people · EPA ID TX0490001 |
|---|---|
| Water Source | Surface water |
| Last State Inspection | Apr 2025 |
| Lead | 2 ppb (2022–2024) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None 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.
Source: FCC Broadband Data Collection, based on 562 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Nortex Communications Company Fiber | 2,000 / 2,000 |
| Optimum Cable | 940 / 35 |
| Nextlink Fixed Wireless | 500 / 100 |
| Verizon Fixed Wireless | 300 / 20 |
| ElektraFi Fixed Wireless | 100 / 20 |
May also be available: Element8.
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