TITLE SERVICE AND LIAISON COMPANIES, INDECOMM GLOBAL SERVICES
Transferred To (Grantee/Buyer)
Name
Verified Name
Address
5171 FM 55, ITALY, TX 76651-3584
Investor
Possibly a Property Investor
Mortgage
Document Number
0000029765,
Date
Aug 17, 2026
Instrument
202629765
Lender
Name
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
Agreement
Type
Conventional Mortgage
Amount
Amount on Record
Term
360 Months
Due
Sep 1, 2056
Interest
Rate Type
Fixed Rate
Initial Type
Fixed Rate
Max Rate
-1%
August 2026: Deed, Transfer
Document Type
Deed
Jurisdiction
ELLIS TX
Recording Date
Aug 17, 2026
Property Address
5101 FM 55, ITALY, TX 76651-3584
Document Number
0000029764
Instrument Date
Aug 14, 2026
Instrument
202629764
Transaction Type
Transfer
Record Updated
Oct 23, 2026
Title Company
FIDELITY NATIONAL TITLE
Transaction
Tax
$0.00
Additional
Arm's Length
Transferred From (Grantor/Seller)
Name
Verified Name
Transferred To (Grantee/Buyer)
Name
Verified Name
Address
5101 FM 55, ITALY, TX 76651-3584
Investor
Possibly a Property Investor
Mortgage
Document Number
0000029765,
Date
Aug 17, 2026
Instrument
202629765
Lender
Name
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
Agreement
Type
Conventional Mortgage
Amount
Amount on Record
Term
360 Months
Due
Sep 1, 2056
Interest
Rate Type
Fixed Rate
Initial Type
Fixed Rate
Max Rate
-1%
August 2022: Vendor's Lien, Transfer
Document Type
Vendor's Lien
Jurisdiction
ELLIS TX
Recording Date
Aug 15, 2022
Property Address
5101 FM 55, ITALY, TX 76651-3584
Document Number
0002232455
Map Reference
VOL 601 PG 129
Instrument Date
Aug 12, 2022
Instrument
2232455
Transaction Type
Transfer
Record Updated
Aug 30, 2022
Title Company
OLD REPUBLIC TITLE
Transaction
Tax
$0.00
Additional
Arm's Length
Transferred From (Grantor/Seller)
Name
Verified Name
Address
5101 FM 55, 5101, ITALY, TX 76651-3584
Transferred To (Grantee/Buyer)
Name
Verified Name
Address
5101 FM 55, ITALY, TX 76651-3584
Mortgage
Date
Aug 15, 2022
Lender
Name
DHI MORTGAGE COMPANY LTD
Type
Mortgage Company
Special Notes
Seller Financed
Agreement
Amount
Amount on Record
Mortgage
Document Number
0002232456
Date
Aug 15, 2022
Instrument
2232456
Lender
Name
FIRST BANK & TRUST
Type
Bank
Address
LUBBOCK, TX 79423
Agreement
Type
Conventional Mortgage
Amount
Amount on Record
Term
361 Months
Due
Sep 1, 2052
Tax Assessment & Valuation
The 2025 property tax bill for 5101 FM 55 was $2,373 with a homeowner's exemption, down 0.3% from the year before.
Source: Ellis County assessment roll, as of August 19, 2026
Property Jurisdictions
Type
Name
State
Texas
County
Ellis County
Unified School District
Avalon Independent School District (PK - 12)
Tax Bill & Assessment History
Year
Tax Bill
Assessed Value
Assessed Market Value
2026
$325,477 (+1%)
$354,496 (+4.94%)Land $90,000Building $264,496
2025
$2,373.00 (-0.29%)Homeowner's exemption
$295,888
$337,814Land $89,100Building $248,714
2024
$2,380.00
2023
$283,550Land $60,000Building $223,550
$283,550Land $60,000Building $223,550
2018
$700.00
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
Flood
FEMA maps place 5101 FM 55 in Zone X, an area of minimal flood risk.
Source: FEMA National Flood Hazard Layer, effective October 9, 2026 · 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
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 5101 FM 55 is moderate, ranking above 52% of the US, with a 0.1% annual chance of wildfire.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
Wildfire Risk
Moderate above 52% of the US · lower than 71% of Texas
Wildfire Likelihood
0.1% annual chance
Exposure
Indirect within ember reach
Adjoins Burnable Land
Yes
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
AVALON WSC serves 1,218 people · EPA ID TX0700019
Water Source
Groundwater
Last State Inspection
Jul 2025
Lead
Under 1 ppb (2021–2023) action level 15 ppb
Violations Reported to EPA
Water Quality
None last 10 years
Treatment and Procedure
Lead service line inventory currently in violation since Oct 2024
Monitoring and Reporting
16 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.
Internet Providers
Source: FCC Broadband Data Collection, based on 7 locations within half a mile, as of December 31, 2025