2640 Co Rd 303, Rainbow, TX 76077 Property Records

Somervell County property record for 2640 Co Rd 303, Rainbow, TX 76077

Property Summary

Property TypeRural Home
Details2,660 sqft · built 2016
Lot Size1.7 acres (74,052 sqft)
Owner2 Individual Names on File
Tax Bill$4,469 (2026)
Deeds & MortgagesAug 2020 Line of Credit
Flood ZoneZone X (minimal risk)
APNR000005135

Property Details

APN / Parcel Number

Primary APNR000005135
Alternative APN
  • 101360000043000000

Interior

Building Area2,660 sqft Living Area
Gross Area3,786 sqft
1st Floor Area2,420 sqft
Upper Floors Area240 sqft

Exterior

Year BuiltBuilt 2016
Effective Year BuiltEffective 2016
Lot Area74,052 sqft (1.7 acres)
Garage TypeCarport
Garage Area440 sqft
CarportCarport
Carport Area440 sqft
PorchPorch
Porch Area686 sqft

Location & Zoning

Street Address2640 COUNTY ROAD 303
CityRAINBOW
StateTX
Zip76077-2730
Property CategoryResidential
Property TypeResidential > Single Family > Rural Home
Legal DescriptionACRES: 1.700 TRACT: 43 ABST: A136 MILAM CO ABST 136 TR 43 1.7 AC
Legal Tract43
JurisdictionSOMERVELL TX
Township / Civil DivisionGLEN ROSE
Census Block Group1
Census Block1031
Census Tract102

Owner

2640 Co Rd 303, a rural home, is owned and occupied by two individuals.

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

Owner of Record2 Individual Names on File
Mailing AddressPO BOX 116, RAINBOW, TX 76077-0116
OccupancyOwner Occupied
Owner TypeIndividual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Record UpdatedOct 29, 2026

August 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionSOMERVELL TX
Property Address2640 COUNTY ROAD 303, RAINBOW, TX 76077-2730
Transaction TypeMortgage
Record UpdatedDec 20, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0020201325
DateAug 6, 2020
Instrument20201325
Lender
NameFIRST FINANCIAL BANK NA
TypeBank
AddressSTEPHENVILLE, TX 76401
Agreement
TypeLine of Credit
AmountAmount on Record
Term239 Months
DueJul 29, 2040
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

Tax Assessment & Valuation

The 2026 property tax bill for 2640 Co Rd 303 was $4,469 with exemptions applied, up 296.2% from the year before.

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

Property Jurisdictions

TypeName
StateTexas
CountySomervell County
Unified School DistrictGlen Rose Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$4,469.00 (+296.19%) Homeowner's exemption Senior Citizen's exemption$333,950 (-) Land $36,550 Building $297,400$333,950 (-) Land $36,550 Building $297,400
2025$1,128.00 Homeowner's exemption Senior Citizen's exemption$333,950 Land $36,550 Building $297,400$333,950 Land $36,550 Building $297,400
2023$328,850 Land $31,450 Building $297,400$328,850 Land $31,450 Building $297,400
2022$2,346.00

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

Flood

FEMA maps place 2640 Co Rd 303 in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2023.

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

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 14 policies
Nearby Flood Policies14 in force
Nearby Flood Claims1 (2023)
Most Recent ClaimOct 2023 · river or lake 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

Wildfire risk around 2640 Co Rd 303 is high, ranking above 78% of the US, with a 0.5% annual chance of wildfire.

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

Wildfire RiskHigh
above 78% of the US · above 71% of Texas
Wildfire Likelihood0.5% annual chance
ExposureDirect
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 SystemSOMERVELL COUNTY WATER DISTRICT
serves 3,666 people · EPA ID TX2130042
Water SourceSurface water
Last State InspectionSep 2024
LeadUnder 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 QualityTotal trihalomethanes
not recorded as resolved · Apr 2026
Haloacetic acids
resolved · Jan 2026
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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 8 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Starlink
Satellite
280 / 30
Windstream
DSL
100 / 20

May also be available: Nextlink, Verizon.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Co Rd 303

Nearby Streets

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