527 N Commerce St, Gainesville, TX 76240 Property Records

Cooke County property record for 527 N Commerce St, Gainesville, TX 76240

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,706 sqft · built 2021
Lot Size	0.226 acres (9,840 sqft)
Owner	2 Individual Names on File
Last Sale	$285,076 (May 2024)
Tax Bill	$5,960 (2026)
Deeds & Mortgages	May 2024 Mortgage Mar 2022 Second Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`2740-005-00005`

Property Details

APN / Parcel Number

Primary APN	`2740-005-00005`
Alternative APN	`21976`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Building Area	1,706 sqft Living Area
Gross Area	2,318 sqft
1st Floor Area	1,706 sqft

Exterior

Year Built	Built 2021
Effective Year Built	Effective 2021
Foundation Type	Slab (Mat/Raft)
Roof Material	Composition Shingle
Lot Area	9,840 sqft (0.226 acres)
Garage Area	440 sqft
Parking Spaces	2 Parking Spaces
Porch	Slab

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	2740-005-00005
Street Address	527 N COMMERCE ST
City	GAINESVILLE
State	TX
Zip	76240-3934
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	SCOTT ADDN; BLOCK 5; LOT 5 PT OF
Legal Subdivision	SCOTT ADDN
Legal Block	5
Legal Lot Number	5
Jurisdiction	COOKE TX
Township / Civil Division	GAINESVILLE
Census Block Group	2
Census Block	2077
Census Tract	400

Owner

527 N Commerce St is owned and occupied by two individuals who bought it in May 2024.

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

Owner of Record	2 Individual Names on File
Mailing Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934
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

Date	Document
May 7, 2024	Vendor's Lien, Transfer · FHA Mortgage CMG MORTGAGE INC
Mar 17, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage SFMC LP
Mar 17, 2022	Vendor's Lien, Transfer · FHA Mortgage SFMC LP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	May 7, 2024 · Amount on File
Deed Sale	May 7, 2024 · Amount on File
Prior Sale	Mar 17, 2022 · Amount on File
Deed Document Number	20243016
Deed Book / Page	2642 / 474
Prior Transfer Date	Nov 30, 2018
Prior Transfer Doc	0000087953
Record Updated	Oct 29, 2026

May 2024: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	May 7, 2024
Property Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934
Document Number	002642/474
Book / Page	2642 / 474
Instrument Date	May 7, 2024
Instrument	2024-3016
Transaction Type	Transfer
Record Updated	Nov 11, 2025

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934

Mortgage

Document Number	0020243017
Date	May 7, 2024
Instrument	2024-3017

Lender

Name	CMG MORTGAGE INC
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jun 1, 2054

March 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	COOKE TX
Property Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934
Transaction Type	Mortgage
Record Updated	Dec 22, 2022
Title Company	HOWETH TITLE COMPANY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934

Mortgage

Document Number	002495/272
Date	Mar 17, 2022
Book Page	2495/272
Instrument	2022-2364

Lender

Name	SFMC LP
Type	Mortgage Company

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record
Term	36 Months
Due	Mar 15, 2025

March 2022: Vendor's Lien, Transfer

Document Type	Vendor's Lien
Jurisdiction	COOKE TX
Recording Date	Mar 17, 2022
Property Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934
Document Number	002495/251
Book / Page	2495 / 251
Instrument Date	Mar 11, 2022
Instrument	2022-2362
Transaction Type	Transfer
Record Updated	Dec 22, 2022
Title Company	HOWETH TITLE COMPANY

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	2319 GREENBRIER DR, IRVING, TX 75060-5172

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	527 N COMMERCE ST, GAINESVILLE, TX 76240-3934

Mortgage

Document Number	0020222363
Date	Mar 17, 2022
Instrument	2022-2363

Lender

Name	SFMC LP
Type	Mortgage Company
Special Notes	Seller Financed

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2052

Tax Assessment & Valuation

The 2026 property tax bill for 527 N Commerce St was $5,960 with a homeowner's exemption, up 7.7% from the year before.

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	$5,960.00 (+7.74%) Homeowner's exemption	$284,883 (-4.35%) Land $44,182 Building $240,701	$284,883 (-4.35%) Land $44,182 Building $240,701
2025	$5,532.00 (+15.61%) Homeowner's exemption	$297,824 Land $44,182 Building $253,642	$297,824 Land $44,182 Building $253,642
2024	$4,785.00
2023		$295,629 Land $36,802 Building $258,827	$295,629 Land $36,802 Building $258,827
2022	$5,597.00

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

Flood

FEMA maps place 527 N Commerce St in Zone X, an area of minimal flood risk, though there have been 3 flood claims nearby since 2007.

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	1 in force
Nearby Flood Claims	3 (2007–2015)
Most Recent Claim	May 2015 · Severe Storms, Tornadoes, Straight-line Winds And Flooding

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 527 N Commerce St is low, with a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 80% of the US · lower than 94% of Texas
Wildfire Likelihood	0.01% 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 348 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
Verizon Fixed Wireless	300 / 20
ElektraFi Fixed Wireless	100 / 20

May also be available: Element8, Nextlink, T-Mobile.

Nearby Properties on N Commerce St

Nearby Streets

Search Property Records by Address or Parcel Number

Search by:

By searching, you agree to: Terms • Privacy • Disclosures