516 Co Rd 161, Gainesville, TX 76240 Property Records

Cooke County property record for 516 Co Rd 161, Gainesville, TX 76240

Property Summary

Property Type	Rural Home
Details	3 bd · 1.5 ba · 1,353 sqft · built 1961
Lot Size	1.3 acres (56,759 sqft)
Owner	Individual Name on File
Last Sale	$202,160 (Feb 2024)
Tax Bill	$3,358 (2026)
Deeds & Mortgages	Jul 2024 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`0491-017-00000`

Property Details

APN / Parcel Number

Primary APN	`0491-017-00000`
Alternative APN	`17252`

Interior

Bedrooms	3 Beds
Full Baths	1.5 Baths
Half Baths	1 Half Bath
Building Area	1,353 sqft Living Area
Gross Area	1,597 sqft
1st Floor Area	1,353 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1961
Effective Year Built	Effective 1961
Exterior Material	Brick
Construction Type	Brick
Foundation Type	Slab (Mat/Raft)
Roof Material	Composition Shingle
Lot Area	56,759 sqft (1.3 acres)
Porch	Slab
Porch Area	51 sqft
Storage Building	48 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	0491-017-00000
Street Address	516 COUNTY ROAD 161
City	GAINESVILLE
State	TX
Zip	76240-7578
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	HAMILTON J 0491 ACRES 1.303
Legal Subdivision	HAMILTON J
Jurisdiction	COOKE TX
Township / Civil Division	CALLISBURG
Census Block Group	2
Census Block	2066
Census Tract	100

Owner

516 Co Rd 161, a rural home, is owned and occupied by an individual who bought it in February 2024.

Source: Cooke County records, as of October 20, 2026

Owner of Record	Individual Name on File
Mailing Address	516 COUNTY ROAD 161, GAINESVILLE, TX 76240-7578
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 13, 2024 · Amount on File
Deed Sale	Feb 13, 2024 · Amount on File
Prior Sale	May 17, 2010 · Amount on File
Deed Document Number	2024909
Deed Book / Page	2626 / 583
Transfer Doc	0000007943
Record Updated	Oct 29, 2026

July 2024: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	Jul 15, 2024
Property Address	516 COUNTY ROAD 161, GAINESVILLE, TX 76240-7578
Document Number	002653/382
Book / Page	2653 / 382
Map Reference	VOL 2449 PG 282
Instrument Date	Jul 12, 2024
Instrument	2024-4485
Transaction Type	Transfer
Record Updated	Nov 11, 2025
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	516 COUNTY ROAD 161, GAINESVILLE, TX 76240-7578

Mortgage

Date	Jul 15, 2024

Lender

Name	UNITED WHOLESALE MORTGAGE
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record

Mortgage

Document Number	002653/387
Date	Jul 15, 2024
Book Page	2653/387
Instrument	2024-4486

Lender

Name	UNITED WHOLESALE MORTGAGE
Type	Mortgage Company
Address	PONTIAC, MI 48341

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2054

Tax Assessment & Valuation

The 2026 property tax bill for 516 Co Rd 161 was $3,358 with a homeowner's exemption, up 56.3% from the year before.

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

Property Jurisdictions

Type	Name
State	Texas
County	Cooke County
Unified School District	Callisburg Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$3,358.00 (+56.33%) Homeowner's exemption	$242,533 (-) Land $120,426 Building $122,107	$242,533 (-) Land $120,426 Building $122,107
2025	$2,148.00 (+215.88%) Homeowner's exemption	$242,533 Land $120,426 Building $122,107	$242,533 Land $120,426 Building $122,107
2024	$680.00
2023		$156,874	$194,362 Land $85,000 Building $109,362
2022	$1,405.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 516 Co Rd 161 in Zone X, an area of minimal flood risk, though there have been 4 flood claims nearby since 1990.

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	4 (1990–2011)
Claims Outside the SFHA	4 of 4
Most Recent Claim	Nov 2011 · rainfall accumulation

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 516 Co Rd 161 is moderate, ranking above 58% of the US, with a 0.2% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Moderate above 58% of the US · above 40% of Texas
Wildfire Likelihood	0.2% 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	WOODBINE SPECIAL UTILITY DISTRICT serves 8,151 people · EPA ID TX0490018
Water Source	Groundwater
Last State Inspection	Mar 2023
Lead	Under 1 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	2 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 37 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
Rise Broadband Fixed Wireless	300 / 60
Verizon Fixed Wireless	300 / 20
ElektraFi Fixed Wireless	100 / 20

May also be available: Element8, Nextlink.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on Co Rd 161

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