507 Walter Rd, Gainesville, TX 76240 Property Records

Cooke County property record for 507 Walter Rd, Gainesville, TX 76240

Property Summary

Property TypeSingle Family Home
Details3 bd · 1.5 ba · 1,268 sqft · built 1940
Lot Size0.215 acres (9,344 sqft)
Owner2 Individual Names on Record
Tax Bill$2,544 (2026)
Flood ZoneZone X (minimal risk)
APN2475-001-00004

Property Details

APN / Parcel Number

Primary APN2475-001-00004
Alternative APN
  • 18609

Interior

Bedrooms3 Beds
Full Baths1.5 Baths
Half Baths1 Half Bath
Building Area1,268 sqft Living Area
Gross Area1,976 sqft
1st Floor Area1,268 sqft

Exterior

Year BuiltBuilt 1940
Effective Year BuiltEffective 1940
Exterior MaterialWood
Foundation TypeSlab (Mat/Raft)
Roof MaterialComposition Shingle
Lot Area9,344 sqft (0.215 acres)
Garage TypeCarport
Garage Area264 sqft
CarportCarport
Carport Area264 sqft
Parking Spaces1 Parking Space
PorchSlab
Porch Area184 sqft
Storage Building120 sqft

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemCentral

Location & Zoning

Account Number2475-001-00004
Street Address507 WALTER RD
CityGAINESVILLE
StateTX
Zip76240-2146
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionLYNCH ADDN; BLOCK 1; LOT 4
Legal SubdivisionLYNCH ADDN
Legal Block1
Legal Lot Number4
JurisdictionCOOKE TX
Township / Civil DivisionGAINESVILLE
Census Block Group2
Census Block2006
Census Tract500

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 Record2 Individual Names on Record
Mailing Address507 WALTER RD, GAINESVILLE, TX 76240-2146
OccupancyOwner Occupied
Owner TypeIndividual
VestingLife Estate

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateJun 26, 2025
Transfer Doc002727/656
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateTexas
CountyCooke County
MunicipalityGainesville City
Unified School DistrictGainesville Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,544.00 (+371.11%) Homeowner's exemption Disabled Person's exemption Senior Citizen's exemption Veteran's exemption$121,604 (+1%)$142,619 (-) Land $34,296 Building $108,323
2025$540.00 (+0.75%) Homeowner's exemption Disabled Person's exemption Senior Citizen's exemption Veteran's exemption$110,549 (+21%) Land $34,296 Building $108,323$142,619 (+6.28%) Land $34,296 Building $108,323
2024$536.00
2023$91,363 Land $34,296 Building $99,902$134,198 Land $34,296 Building $99,902

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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims3 (1989–2007)
Most Recent ClaimJun 2007 · Severe Storms, Tornadoes, And Flooding
Claims by Event
  • Severe Storms, Tornadoes & Flooding, Apr 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 RiskLow
lower than 65% of the US · lower than 90% of Texas
Wildfire Likelihood0.03% annual chance
ExposureNone
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 SystemCITY OF GAINESVILLE
serves 18,107 people · EPA ID TX0490001
Water SourceSurface water
Last State InspectionApr 2025
Lead2 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 211 locations within half a mile, as of December 31, 2025

ProviderMax 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: AT&T, Element8.

Nearby Properties on Walter Rd

Nearby Streets

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