506 Line Dr, Gainesville, TX 76240 Property Records

Cooke County property record for 506 Line Dr, Gainesville, TX 76240

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,428 sqft · built 1956
Lot Size	0.358 acres (15,581 sqft)
Owner	2 Individual Names on Record
Last Sale	$150,000 (Apr 2020)
Tax Bill	$3,350 (2025)
Deeds & Mortgages	Apr 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`2405-010-00010`

Property Details

APN / Parcel Number

Primary APN	`2405-010-00010`
Alternative APN	`8489`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	2,428 sqft Living Area
Gross Area	3,873 sqft
1st Floor Area	2,428 sqft
Flooring	Tile
Fireplaces	1 Fireplace
Fireplace	Fireplace
Fire Sprinklers	Fire Sprinklers

Exterior

Year Built	Built 1956
Effective Year Built	Effective 1956
Exterior Material	Brick
Construction Type	Brick
Roof Material	Composition Shingle
Lot Area	15,581 sqft (0.358 acres)
Garage Type	Mixed
Garage Area	1,224 sqft
Parking Spaces	5 Parking Spaces
Porch	Slab
Porch Area	172 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	2405-010-00010
Street Address	506 LINE DR
City	GAINESVILLE
State	TX
Zip	76240-5126
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	JOY ACRES; BLOCK 10; LOT 10 & S 32' OF 9
Legal Subdivision	JOY ACRES
Legal Block	10
Legal Lot Number	10
Jurisdiction	COOKE TX
Township / Civil Division	GAINESVILLE
Census Block Group	2
Census Block	2003
Census Tract	1100

Owner

Source: Cooke County records, as of August 18, 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	506 LINE DR, GAINESVILLE, TX 76240-5126
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Apr 6, 2020 · Amount on Record
Deed Sale	Apr 6, 2020 · Amount on Record
Prior Sale	Nov 20, 2013
Deed Document Number	20202476
Deed Book / Page	2322 / 321
Record Updated	Sep 20, 2026

April 2020: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	Apr 6, 2020
Property Address	506 LINE DR, GAINESVILLE, TX 76240-5126
Document Number	2322/321
Book / Page	2322 / 321
Map Reference	CAB B SL 102
Instrument Date	Apr 6, 2020
Instrument	2020-02476
Transaction Type	Transfer
Record Updated	Nov 9, 2021

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 LINE DR, GAINESVILLE, TX 76240-5126

Mortgage

Document Number	202002477
Date	Apr 6, 2020
Instrument	2020-02477

Lender

Name	SWBC MORTGAGE CORP
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	181 Months
Due	May 1, 2035

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
2025	$3,350.00 (-20.8%) Homeowner's exemption Senior Citizen's exemption	$316,492 (+3.43%) Land $53,624 Building $262,868	$316,492 (+0.68%) Land $53,624 Building $262,868
2024	$4,230.00 (-22.47%)
2023		$306,000 Land $53,595 Building $260,765	$314,360 Land $53,595 Building $260,765
2022	$5,456.00

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
Nearest Special Flood Hazard Area	Zone A, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	6 in force
Nearby Flood Claims	14 (1990–2015)
Claims Outside the SFHA	7 of 14
Most Recent Claim	May 2015 · Severe Storms, Tornadoes, Straight-line Winds And Flooding
Claims by Event	Severe Storms, Tornadoes, Straight-line Winds And Flooding, May 2015 · 3 claims Severe Storms, Tornadoes, And Flooding, Jun 2007 · 4 claims Severe Storms, Tornadoes & Flooding, May 1990 · 2 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 63% of the US · lower than 88% of Texas
Wildfire Likelihood	0.09% annual chance
Exposure	Direct 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 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 480 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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