587 Co Rd 194, Gainesville, TX 76240 Property Records

Cooke County property record for 587 Co Rd 194, Gainesville, TX 76240

Property Summary

Property Type	Rural Home
Details	2 bd · 2 ba · 2,431 sqft · built 1986
Lot Size	5.68 acres (247,421 sqft)
Owner	Company Name on File
Last Sale	$198,500 (Jan 2020)
Tax Bill	$6,091 (2026)
Deeds & Mortgages	Jan 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`0380-058-00000`

Property Details

APN / Parcel Number

Primary APN	`0380-058-00000`
Alternative APN	`6246`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Building Area	2,431 sqft Living Area
Gross Area	4,795 sqft
1st Floor Area	2,431 sqft
Storm Shelter	Storm Shelter
Utility Room	Utility Room
Storm Shutters	Storm Shutters
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1986
Effective Year Built	Effective 1986
Exterior Material	Siding
Foundation Type	Slab (Mat/Raft)
Roof Material	Composition Shingle
Lot Area	247,421 sqft (5.68 acres)

Exterior Amenities

Porch	Slab
Porch Area	441 sqft
Storage Building	96 sqft
Total Buildings	2 Buildings

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Street Address	587 COUNTY ROAD 194
City	GAINESVILLE
State	TX
Zip	76240-0691
Property Category	Residential
Property Type	Residential > Single Family > Rural Home
Legal Description	FRENCH M 0380 ACRES 5.68
Legal Subdivision	FRENCH M
Jurisdiction	COOKE TX
Township / Civil Division	CALLISBURG
Census Block Group	2
Census Block	2042
Census Tract	100

Owner

587 Co Rd 194, a rural home, is owned by a company that bought it in January 2020 and is owner-occupied.

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

Owner of Record	Company Name on File
Occupancy	Owner Occupied
Owner Type	Company

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	Jan 31, 2020 · Amount on File
Deed Sale	Jan 31, 2020 · Amount on File
Prior Sale	May 18, 2010 · Amount on File
Deed Document Number	2020804
Deed Book / Page	2309 / 645
Prior Transfer Date	May 14, 2010
Prior Transfer Doc	1692/106
Record Updated	Oct 29, 2026

January 2020: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	COOKE TX
Recording Date	Jan 31, 2020
Property Address	587 COUNTY ROAD 194, GAINESVILLE, TX 76240-0691
Document Number	2309/645
Book / Page	2309 / 645
Map Reference	VOL 973 PG 695
Instrument Date	Jan 27, 2020
Instrument	2020-00804
Transaction Type	Transfer
Record Updated	Nov 9, 2021
Title Company	ADVANTAGE TITLE INC, ADVANTAGE TITLE LLC

Transaction

Tax	$0.00
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	587 COUNTY ROAD 194, GAINESVILLE, TX 76240-0691

Mortgage

Document Number	202000805
Date	Jan 31, 2020
Instrument	2020-00805

Lender

Name	CARDINAL FINANCIAL COMPANY LP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Feb 1, 2050

Tax Assessment & Valuation

The 2026 property tax bill for 587 Co Rd 194 was $6,091 with a homeowner's exemption, up 11.5% 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	Gainesville Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$6,091.00 (+11.5%) Homeowner's exemption	$401,150 (+11.49%)	$486,816 (+5.57%) Land $232,544 Building $254,272
2025	$5,463.00 (+50.95%)	$359,805	$461,120 Land $206,848 Building $254,272
2024	$3,619.00
2023		$312,079	$454,367 Land $186,416 Building $267,951
2022	$4,202.00

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

Flood

FEMA maps place 587 Co Rd 194 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 587 Co Rd 194 is high, ranking above 79% 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 Risk	High above 79% of the US · above 73% of Texas
Wildfire Likelihood	0.4% annual chance
Exposure	Direct 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 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 29 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Nextlink Fixed Wireless	500 / 200
Verizon Fixed Wireless	300 / 20

May also be available: AT&T, ElektraFi, Element8, Nortex Communications Company, Optimum, Rise Broadband, T-Mobile.