505 S Grand Ave, Gainesville, TX 76240 Property Records

Cooke County property record for 505 S Grand Ave, Gainesville, TX 76240

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,048 sqft · built 1920
Lot Size	0.519 acres (22,612 sqft)
Owner	2 Individual Names on Record
Last Sale	$239,400 (Dec 2025)
Tax Bill	$4,753 (2026)
Deeds & Mortgages	Dec 2025 Mortgage Nov 2022 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`2705-002-00003`

Property Details

APN / Parcel Number

Primary APN	`2705-002-00003`
Alternative APN	`17622`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	2,048 sqft Living Area
Gross Area	3,524 sqft
1st Floor Area	2,048 sqft
Flooring	Carpet
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1920
Effective Year Built	Effective 1920
Exterior Material	Siding
Foundation Type	Pier/Post & Beam
Roof Material	Composition Shingle
Lot Area	22,612 sqft (0.519 acres)
Garage Type	Detached
Garage Area	1,164 sqft
Parking Spaces	4 Parking Spaces
Porch	Slab
Porch Area	214 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	2705-002-00003
Street Address	505 S GRAND AVE
City	GAINESVILLE
State	TX
Zip	76240-5513
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ROBERTSON ADDN #1; BLOCK 2; LOT 3-5
Legal Subdivision	ROBERTSON ADDN #1
Legal Block	2
Legal Lot Number	3-5
Jurisdiction	COOKE TX
Township / Civil Division	GAINESVILLE
Census Block Group	4
Census Block	4029
Census Tract	1100

Owner

Source: Cooke County records, as of October 20, 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	2493 BAKER RIDGE RD, SHERMAN, TX 75090-2725
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	His Wife

Deeds, Mortgages & Sale History

Date	Document
Dec 23, 2025	Vendor's Lien, Transfer · Conventional Mortgage TOWNE MORTGAGE CO
Nov 21, 2022	Deed of Trust, Mortgage · Conventional Mortgage PROSPERITY BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 23, 2025 · Amount on Record
Deed Sale	Dec 23, 2025 · Amount on Record
Prior Sale	Nov 22, 2016 · Amount on Record
Deed Document Number	20259369
Deed Book / Page	2755 / 171
Prior Transfer Date	Feb 3, 2009
Prior Transfer Doc	0000000870
Record Updated	Oct 29, 2026

December 2025: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	Dec 23, 2025
Property Address	505 S GRAND AVE, GAINESVILLE, TX 76240-5513
Document Number	002755/171
Book / Page	2755 / 171
Map Reference	CAB B SL 15
Instrument Date	Dec 20, 2025
Instrument	2025-9369
Transaction Type	Transfer
Record Updated	Jun 2, 2026
Title Company	HOWETH TITLE COMPANY

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	3119E E 79TH ST, TULSA, OK 74136-8741

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2493 BAKER RIDGE RD, SHERMAN, TX 75090-2725

Mortgage

Document Number	0020259370
Date	Dec 23, 2025
Instrument	2025-9370

Lender

Name	TOWNE MORTGAGE CO
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jan 1, 2056

November 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOKE TX
Property Address	505 S GRAND AVE, GAINESVILLE, TX 76240-5513
Transaction Type	Mortgage
Record Updated	Mar 8, 2023
Title Company	HOWETH TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	002549/484
Date	Nov 21, 2022
Book Page	2549/484
Instrument	2022-9535

Lender

Name	PROSPERITY BANK
Type	Bank
Address	EL CAMPO, TX 77437

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2052

Interest

Rate Type	Adjustable Rate
Rate	5.62%
Type Change Date	Dec 1, 2032
Change Frequency	Annually
Min Rate At Change	5.62%
Max Rate At Change	7.62%
Index	1-Year T-Bill
Max Rate	9.99%

Tax Assessment & Valuation

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	$4,753.00 (+112.38%) Homeowner's exemption	$227,201 (+30.76%) Land $52,798 Building $174,403	$227,201 (-10.72%) Land $52,798 Building $174,403
2025	$2,238.00 (+4.82%) Homeowner's exemption	$173,756 (+21%) Land $52,798 Building $201,681	$254,479 (+32.54%) Land $52,798 Building $201,681
2024	$2,135.00 (-12.21%)
2023		$143,600 Land $48,166 Building $143,838	$192,004 Land $48,166 Building $143,838
2022	$2,432.00

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 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	4 in force
Nearby Flood Claims	13 (1989–2009)
Claims Outside the SFHA	2 of 13
Most Recent Claim	Apr 2009 · rainfall accumulation
Claims by Event	Severe Storms, Tornadoes, And Flooding, Jun 2007 · 9 claims Severe Storms, Tornadoes & Flooding, Apr 1990 · 3 claims

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	Low lower than 95% of the US · lower than 97.6% 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 326 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, T-Mobile.

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