2973 Co Rd 304, Rainbow, TX 76077 Property Records

Somervell County property record for 2973 Co Rd 304, Rainbow, TX 76077

Property Summary

Property TypeFarm - Irrigated or Dry
Details896 sqft · built 2001
Lot Size10 acres (435,600 sqft)
Owner2 Individual Names on Record
Last Sale$525,000 (Jun 2023)
Tax Bill$4,827 (2025)
Deeds & MortgagesJun 2023 Mortgage
Jan 2021 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APNR000011116

Property Details

APN / Parcel Number

Primary APNR000011116
Alternative APN
  • 100680000005003000

Interior

Building Area896 sqft Total Area
1st Floor Area448 sqft

Exterior

Year BuiltBuilt 2001
Effective Year BuiltEffective 2001
Lot Area435,600 sqft (10 acres)
PorchPorch
Porch Area440 sqft

Location & Zoning

Street Address2973 COUNTY ROAD 304
CityRAINBOW
StateTX
Zip76077-2119
Property CategoryAgriculture or Farming
Property TypeAgriculture / Farming > Farm - Irrigated or Dry
Legal DescriptionACRES: 10.000 TRACT: 5-3 ABST: A68 A68 SUSAN MCKILVEY TRACT 5-3 ACRES 10.0
Legal SubdivisionSUSAN MCKELVEY SURVEY ABSTRACT NO 68
Legal Tract5-3
JurisdictionSOMERVELL TX
Township / Civil DivisionGLEN ROSE
Census Block Group4
Census Block4010
Census Tract101

Owner

Source: Somervell County records, as of January 20, 2026

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

Owner of Record2 Individual Names on Record
Mailing Address3059 COUNTY ROAD 304, RAINBOW, TX 76077-2117
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jun 21, 2023Vendor's Lien, Transfer · Conventional Mortgage
GUARANTEED RATE INC
Jan 5, 2021Vendor's Lien, Transfer · Conventional Mortgage
LOAN SIMPLE INC
Nov 1, 2018Intrafamily Transfer, Transfer
CENTRAL TEXAS TITLE

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 21, 2023 · Amount on Record
Deed SaleJun 21, 2023 · Amount on Record
Prior SaleJan 5, 2021 · Amount on Record
Deed Document Number20231164
Prior Transfer DateNov 1, 2018
Prior Transfer Doc0020181878
Record UpdatedJun 8, 2026

June 2023: Vendor's Lien, Transfer

Document TypeVendor's Lien
JurisdictionSOMERVELL TX
Recording DateJun 21, 2023
Property Address2973 COUNTY ROAD 304, RAINBOW, TX 76077-2119
Document Number0020231164
Instrument DateJun 16, 2023
Instrument20231164
Transaction TypeTransfer
Record UpdatedJan 19, 2026
Title CompanyALLIANCE TITLE, ALLEGIANCE TITLE

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address464 SMITHBEND RD, EVENSVILLE, TN 37332-3057

Transferred To (Grantee/Buyer)

NameVerified Name
Address2973 COUNTY ROAD 304, RAINBOW, TX 76077-2119

Mortgage

Document Number0020231165
DateJun 21, 2023
Instrument20231165
Lender
NameGUARANTEED RATE INC
TypeMortgage Company
Special NotesSeller Financed
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueJul 1, 2053

January 2021: Vendor's Lien, Transfer

Document TypeVendor's Lien
JurisdictionSOMERVELL TX
Recording DateJan 5, 2021
Property Address2973 COUNTY ROAD 304, RAINBOW, TX 76077-2119
Document Number0020210011
Map ReferenceDOC 20181878
Instrument DateDec 28, 2020
Instrument20210011
Transaction TypeTransfer
Record UpdatedJan 19, 2026

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 399, RAINBOW, TX 76077-0399

Transferred To (Grantee/Buyer)

NameVerified Name
Address2165 LAKESIDE DR, BLUFF DALE, TX 76433-4267

Mortgage

Document Number0020210012
DateJan 5, 2021
Instrument20210012
Lender
NameLOAN SIMPLE INC
TypeMortgage Company
Special NotesSeller Financed
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueJan 1, 2051

November 2018: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionSOMERVELL TX
Recording DateNov 1, 2018
Property Address2973 COUNTY ROAD 304, RAINBOW, TX 76077-2119
Document Number0020181878
Map ReferenceVOL 48 PG 710
Instrument DateNov 1, 2018
Instrument20181878
Transaction TypeTransfer
Record UpdatedJan 19, 2026
Title CompanyCENTRAL TEXAS TITLE

Transaction

Tax$0.00
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
AddressPO BOX 7701, FORT WORTH, TX 76111-0701

Transferred To (Grantee/Buyer)

NameVerified Name
AddressPO BOX 7721, FORT WORTH, TX 76111-0721

Tax Assessment & Valuation

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
2025$4,827.00 (+35.51%)$360,730 (+9.07%) Land $215,000 Building $145,730$360,730 (+9.07%) Land $215,000 Building $145,730
2023$330,730 (+13.76%) Land $185,000 Building $145,730$330,730 (+13.76%) Land $185,000 Building $145,730
2022$3,562.00 Homeowner's exemption$290,730 Land $145,000 Building $145,730$290,730 Land $145,000 Building $145,730

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies5 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 RiskHigh
above 76% of the US · above 69% of Texas
Wildfire Likelihood0.4% 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
Nextlink
Fixed Wireless
100 / 20
Rise Broadband
Fixed Wireless
50 / 10

May also be available: Element8, United Electric Cooperative Services.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Co Rd 304

Nearby Streets

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