Cooke County property record for 703 Co Rd 121, Gainesville, TX 76240
| Property Type | Ranch |
|---|---|
| Lot Size | 5.93 acres (258,311 sqft) |
| Owner | 2 Individual Names on File |
| Tax Bill | $6 (2026) |
| Deeds & Mortgages | Sep 2021 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 1313-002-0005D |
| Primary APN | 1313-002-0005D |
|---|---|
| Alternative APN |
|
| Lot Area | 258,311 sqft (5.93 acres) |
|---|
| Account Number | 1313-002-0005D |
|---|---|
| Street Address | 703 COUNTY ROAD 121 |
| City | GAINESVILLE |
| State | TX |
| Zip | 76240-1613 |
| Property Category | Agriculture or Farming |
| Property Type | Agriculture / Farming > Ranch |
| Legal Description | WILLIAMS & BALLARD 1313 ACRES 5.93 |
| Legal Subdivision | WILLIAMS & BALLARD |
| Jurisdiction | COOKE TX |
| Township / Civil Division | CALLISBURG |
| Census Block Group | 4 |
| Census Block | 4011 |
| Census Tract | 100 |
703 Co Rd 121, an agricultural property, is owned by two individuals who acquired it in February 2024.
Source: Cooke County records, as of October 20, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 1352 WOODBROOK LN, SOUTHLAKE, TX 76092-4840 |
| 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.
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Feb 20, 2024 |
| Deed Sale | Feb 20, 2024 |
| Prior Sale | Aug 23, 2011 · Amount on File |
| Deed Document Number | 20241046 |
| Deed Book / Page | 2627 / 565 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | COOKE TX |
| Property Address | 703 COUNTY ROAD 121, GAINESVILLE, TX 76240-1613 |
| Transaction Type | Mortgage |
| Record Updated | Oct 19, 2021 |
| Name | Verified Name |
|---|
| Document Number | 2449/515 |
|---|---|
| Date | Sep 16, 2021 |
| Book Page | 2449/515 |
| Instrument | 7971 |
| Name | FIRST STATE BANK |
|---|---|
| Type | Bank |
| Address | GAINESVILLE, TX 76241 |
| Type | Stand-Alone First Mortgage |
|---|---|
| Amount | Amount on Record |
| Term | 181 Months |
| Due | Oct 1, 2036 |
The 2026 property tax bill for 703 Co Rd 121 was $6, up 2% from the year before.
Source: Cooke County assessment roll, as of June 2, 2026
| Type | Name |
|---|---|
| State | Texas |
| County | Cooke County |
| Unified School District | Callisburg Independent School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2026 | $6.00 (+2%) | $403 (-5.62%) | $197,623 (-) Land $197,623 |
| 2025 | $5.00 (-37.5%) | $427 Land $427 | $197,623 Land $197,623 |
| 2024 | $8.00 | ||
| 2023 | $735 Land $735 | $166,870 Land $166,870 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 703 Co Rd 121 in Zone X, an area of minimal flood risk, though there have been 4 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 | 3 in force |
| Nearby Flood Claims | 4 (2007–2015) |
| Claims Outside the SFHA | 2 of 4 |
| Most Recent Claim | May 2015 · Severe Storms, Tornadoes, Straight-line Winds And Flooding |
| Claims by Event |
|
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 risk around 703 Co Rd 121 is high, ranking above 77% 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 77% of the US · above 70% of Texas |
|---|---|
| Wildfire Likelihood | 0.4% 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.
Source: FCC Broadband Data Collection, based on 27 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Nextlink Fixed Wireless | 800 / 400 |
| Element8 Fixed Wireless | 500 / 100 |
| Rise Broadband Fixed Wireless | 300 / 60 |
| Verizon Fixed Wireless | 300 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
| ElektraFi Fixed Wireless | 100 / 20 |
May also be available: T-Mobile.
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