551 FM 371, Gainesville, TX 76240 Property Records

Cooke County property record for 551 FM 371, Gainesville, TX 76240

Property Summary

Property TypeRural Home
Details2 bd · 1 ba · 2,101 sqft · built 1970
Lot Size1 acres (43,560 sqft)
Owner2 Individual Names on File
Tax Bill$2,578 (2026)
Deeds & MortgagesNov 2019 Transfer
Flood ZoneZone X (minimal risk)
APN1132-023-00000

Property Details

APN / Parcel Number

Primary APN1132-023-00000
Alternative APN
  • 24927

Interior

Bedrooms2 Beds
Full Baths1 Bath
Building Area2,101 sqft Living Area
Gross Area5,845 sqft
1st Floor Area2,052 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1970
Effective Year BuiltEffective 1970
Exterior MaterialWood
Foundation TypePier/Post & Beam
Roof MaterialRolled Roofing
Lot Area43,560 sqft (1 acres)
Garage TypeCarport
Garage Area576 sqft
CarportCarport
Carport Area576 sqft
Parking Spaces7 Parking Spaces

Exterior Amenities

PorchPatio
Porch Area608 sqft
Deck Area192 sqft
Storage Building960 sqft

Utilities, Heating & Cooling

Cooling SystemWindow A/C

Location & Zoning

Account Number1132-023-00000
Street Address551 FM 371
CityGAINESVILLE
StateTX
Zip76240-7376
Property CategoryResidential
Property TypeResidential > Single Family > Rural Home
Legal DescriptionWATKINS WA 1132 ACRES 1.0
Legal SubdivisionWATKINS WA
JurisdictionCOOKE TX
Township / Civil DivisionCALLISBURG
Census Block Group4
Census Block4022
Census Tract100

Owner

551 FM 371, a rural home, is owned and occupied by two individuals who acquired it in February 2010.

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

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

Owner of Record2 Individual Names on File
Mailing Address557 FM 371, GAINESVILLE, TX 76240-7376
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names2 Names on Deed
Last Transfer DateFeb 5, 2010
Transfer Doc001677/646
Record UpdatedOct 29, 2026

November 2019: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionCOOKE TX
Recording DateNov 6, 2019
Property Address557 FM 371, GAINESVILLE, TX 76240-7376
Document Number2294/536
Book / Page2294 / 536
Instrument DateNov 6, 2019
Instrument00096642
Transaction TypeTransfer
Record UpdatedNov 9, 2021

Transaction

Tax$0.00
Additional
  • Intrafamily Transfer
  • Multiple Parcels

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address557 FM 371, GAINESVILLE, TX 76240-7376

Tax Assessment & Valuation

The 2026 property tax bill for 551 FM 371 was $2,578 with exemptions applied, up 339.9% from the year before.

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

Property Jurisdictions

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

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2026$2,578.00 (+339.93%) Homeowner's exemption Senior Citizen's exemption$169,819 (+1%)$282,917 (-) Land $40,275 Building $242,642
2025$586.00 (+2.45%) Homeowner's exemption Senior Citizen's exemption$154,381$282,917 Land $40,275 Building $242,642
2024$572.00
2023$127,587$190,081 Land $33,700 Building $156,381
2022$1,215.00

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

Flood

FEMA maps place 551 FM 371 in Zone X, an area of minimal flood risk, within 100 ft of a high-risk flood zone.

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
Nearest Special Flood Hazard AreaZone A, within 100 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies3 in force
Nearby Flood Claims4 (2007–2015)
Claims Outside the SFHA2 of 4
Most Recent ClaimMay 2015 · Severe Storms, Tornadoes, Straight-line Winds And Flooding
Claims by Event
  • Severe Storms, Tornadoes, Straight-line Winds And Flooding, May 2015 · 3 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

Wildfire risk around 551 FM 371 is high, ranking above 75% of the US, with a 0.4% annual chance of wildfire.

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

Wildfire RiskHigh
above 75% of the US · above 66% of Texas
Wildfire Likelihood0.4% annual chance
ExposureDirect
burnable vegetation

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 SystemWOODBINE SPECIAL UTILITY DISTRICT
serves 8,151 people · EPA ID TX0490018
Water SourceGroundwater
Last State InspectionMar 2023
LeadUnder 1 ppb (2022–2024)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting2
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 21 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

May also be available: ElektraFi, Element8.

Nearby Properties on FM 371

Nearby Streets

Search Property Records by Address or Parcel Number