407 N Clements St, Gainesville, TX 76240 Property Records

Cooke County property record for 407 N Clements St, Gainesville, TX 76240

Property Summary

Property Type	Residential
Details	2 bd · 1.5 ba · 865 sqft · built 2004
Lot Size	0.182 acres (7,928 sqft)
Owner	Company Name on File
Last Sale	$249,577,000 (Sep 2026)
Tax Bill	$1,056 (2026)
Deeds & Mortgages	Sep 2026 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`2300-145-00005`

Property Details

APN / Parcel Number

Primary APN	`2300-145-00005`
Alternative APN	`18535`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Building Area	865 sqft Living Area
Gross Area	2,905 sqft
1st Floor Area	1,504 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2004
Effective Year Built	Effective 2004
Exterior Material	Other
Roof Material	Composition Shingle
Lot Area	7,928 sqft (0.182 acres)
Garage Type	Detached
Garage Area	360 sqft
Parking Spaces	1 Parking Space
Porch	Patio
Porch Area	126 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	2300-145-00005
Street Address	407 N CLEMENTS ST
City	GAINESVILLE
State	TX
Zip	76240-4312
Property Category	Residential
Property Type	Residential > Specialized > Other
Legal Description	GAINESVILLE ADDN; BLOCK 145; LOT 5
Legal Subdivision	GAINESVILLE ADDN
Legal Block	145
Legal Lot Number	5
Jurisdiction	COOKE TX
Township / Civil Division	GAINESVILLE
Census Block Group	3
Census Block	3035
Census Tract	600

Owner

407 N Clements St, a residential property, is owned by a company that bought it in September 2026.

Source: Cooke County records, as of October 20, 2026

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

Owner of Record	Company Name on File
Mailing Address	PO BOX 580, GAINESVILLE, TX 76241-0580
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 17, 2026 · Amount on File
Deed Sale	Sep 17, 2026 · Amount on File
Prior Sale	Dec 9, 2011 · Amount on File
Deed Document Number	20267066
Deed Book / Page	2810 / 1
Prior Transfer Date	Dec 8, 2011
Prior Transfer Doc	001778/683
Record Updated	Oct 29, 2026

September 2026: Deed, Transfer

Document Type	Deed
Jurisdiction	COOKE TX
Recording Date	Sep 17, 2026
Property Address	407 N CLEMENTS ST, GAINESVILLE, TX 76240-4312
Document Number	0000007066
Book / Page	2810 / 1
Instrument Date	Sep 16, 2026
Instrument	20267066
Transaction Type	Transfer
Record Updated	Oct 23, 2026
Title Company	NONE LISTED ON DOCUMENT

Transaction

Tax	$0.00
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

Mortgage

Document Number	0000007067,
Date	Sep 17, 2026
Book Page	2810/8
Instrument	20267067

Lender

Name	FIRST UNITED BANK

Agreement

Type	Conventional Mortgage
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

Mortgage

Document Number	0000007069,
Date	Sep 17, 2026
Book Page	2810/28
Instrument	20267069

Lender

Name	REO PROPERTIES LLC

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	120 Months
Due	Sep 1, 2036

Interest

Max Rate	-1%

Tax Assessment & Valuation

The 2026 property tax bill for 407 N Clements St was $1,056, up 0.1% from the year before.

Source: Cooke County assessment roll, as of June 2, 2026

Property Jurisdictions

Type	Name
State	Texas
County	Cooke County
Municipality	Gainesville City
Unified School District	Gainesville Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,056.00 (+0.09%)	$50,461 (-) Land $32,267 Building $18,194	$50,461 (-) Land $32,267 Building $18,194
2025	$1,055.00 (+6.03%)	$50,461 Land $32,267 Building $18,194	$50,461 Land $32,267 Building $18,194
2024	$995.00
2023		$73,621 Land $29,334 Building $44,287	$73,621 Land $29,334 Building $44,287
2022	$2,716.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 407 N Clements 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

Wildfire risk around 407 N Clements 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 99.1% of the US · lower than 99.3% 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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

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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