508 Walter Rd, Gainesville, TX 76240 Property Records

Cooke County property record for 508 Walter Rd, Gainesville, TX 76240

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,268 sqft · built 1950
Lot Size	0.215 acres (9,344 sqft)
Owner	Individual Name on Record
Last Sale	$271,719 (Sep 2023)
Tax Bill	$4,424 (2026)
Deeds & Mortgages	Sep 2023 Mortgage Nov 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`2475-002-00025`

Property Details

APN / Parcel Number

Primary APN	`2475-002-00025`
Alternative APN	`15753`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	1,268 sqft Living Area
Gross Area	1,676 sqft
1st Floor Area	1,268 sqft
Flooring	Wood

Exterior

Year Built	Built 1950
Effective Year Built	Effective 2000
Exterior Material	Combination
Foundation Type	Pier/Post & Beam
Roof Material	Composition Shingle
Lot Area	9,344 sqft (0.215 acres)
Garage Area	336 sqft
Parking Spaces	1 Parking Space
Porch	Slab
Porch Area	72 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	2475-002-00025
Street Address	508 WALTER RD
City	GAINESVILLE
State	TX
Zip	76240-2147
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LYNCH ADDN; BLOCK 2; LOT 25
Legal Subdivision	LYNCH ADDN
Legal Block	2
Legal Lot Number	25
Jurisdiction	COOKE TX
Township / Civil Division	GAINESVILLE
Census Block Group	2
Census Block	2007
Census Tract	500

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	Individual Name on Record
Mailing Address	508 WALTER RD, GAINESVILLE, TX 76240-2147
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Sep 26, 2023	Vendor's Lien, Transfer · Conventional Mortgage ZILLOW HOME LOANS LLC
Nov 19, 2018	Vendor's Lien, Transfer · Conventional Mortgage MID-AMERICAN MORTGAGE INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Sep 26, 2023 · Amount on Record
Deed Sale	Sep 26, 2023 · Amount on Record
Prior Sale	Nov 19, 2018 · Amount on Record
Deed Document Number	20236469
Deed Book / Page	2605 / 16
Prior Transfer Date	Mar 6, 2012
Prior Transfer Doc	0000026856
Record Updated	Oct 29, 2026

September 2023: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	Sep 26, 2023
Property Address	508 WALTER RD, GAINESVILLE, TX 76240-2147
Document Number	0002605/15
Book / Page	2605 / 15
Map Reference	CAB B SL 107
Instrument Date	Sep 25, 2023
Instrument	2023-6469
Transaction Type	Transfer
Record Updated	Oct 20, 2023
Title Company	CAPITAL TITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	11110 LAKECREST DR, SANGER, TX 76266-3445

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	508 WALTER RD, GAINESVILLE, TX 76240-2147

Mortgage

Document Number	0020236470
Date	Sep 26, 2023
Instrument	2023-6470

Lender

Name	ZILLOW HOME LOANS LLC
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Oct 1, 2053

November 2018: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	Nov 19, 2018
Property Address	508 WALTER RD, GAINESVILLE, TX 76240-2147
Document Number	2227/653
Book / Page	2227 / 653
Map Reference	CAB B SL 109
Instrument Date	Nov 16, 2018
Instrument	00087700
Transaction Type	Transfer
Record Updated	Nov 9, 2021
Title Company	TITLE RESOURCE, TITLE RESOURCES

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	508 WALTER RD, GAINESVILLE, TX 76240-2147

Mortgage

Document Number	00087701
Date	Nov 19, 2018
Instrument	00087701

Lender

Name	MID-AMERICAN MORTGAGE INC
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Dec 1, 2048

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	$4,424.00 (+58.06%) Homeowner's exemption	$211,455 (+5.43%) Land $34,296 Building $177,159	$211,455 (+5.43%) Land $34,296 Building $177,159
2025	$2,799.00 (-26.34%)	$200,563 (+29.11%) Land $34,296 Building $166,267	$200,563 (+29.11%) Land $34,296 Building $166,267
2024	$3,800.00 (+17.79%)
2023		$155,344 Land $34,296 Building $121,048	$155,344 Land $34,296 Building $121,048
2022	$3,226.00

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	2 in force
Nearby Flood Claims	3 (1989–2007)
Most Recent Claim	Jun 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 Risk	Low lower than 65% of the US · lower than 90% of Texas
Wildfire Likelihood	0.03% 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 211 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: AT&T, Element8.

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