7271 Co Rd 118, Iola, TX 77861 Property Records

Grimes County property record for 7271 Co Rd 118, Iola, TX 77861

Property Summary

Property TypeSingle Family Home
Details2 bd · 1 ba · 1,080 sqft · built 2014
Lot Size2 acres (87,120 sqft)
OwnerIndividual Name on Record
Last Sale$215,600 (Jul 2026)
Tax Bill$1,318 (2025)
Deeds & MortgagesJul 2026 Mortgage
Mar 2024 Mortgage
+ 1 more
Flood ZoneZone X (minimal risk)
APN42-000-1125

Property Details

APN / Parcel Number

Primary APN42-000-1125
Alternative APN
  • R73618

Interior

Bedrooms2 Beds
Full Baths1 Bath
Stories1 Story
Building Area1,080 sqft Living Area
Gross Area1,584 sqft
1st Floor Area1,080 sqft

Exterior

Year BuiltBuilt 2014
Effective Year BuiltEffective 2014
Exterior MaterialMetal Siding
Construction TypeMetal Frame
Roof TypeGable
Lot Area87,120 sqft (2 acres)
PorchSlab
Porch Area504 sqft

Utilities, Heating & Cooling

Heating SystemCentral

Location & Zoning

Account Number42-000-1125
Street Address7271 COUNTY ROAD 118
CityIOLA
StateTX
Zip77861-5143
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionA0042 D B MC MAHAN, TRACT 112-5, ACRES 2
Legal SubdivisionD B MCMAHAN SURV A-42
Legal Tract112
Legal Block2
JurisdictionGRIMES TX
Township / Civil DivisionANDERSON-BEDIAS
Census Block Group2
Census Block2024
Census Tract180304

Owner

Source: Grimes County records, as of October 14, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on Record
Mailing Address7271 COUNTY ROAD 118, IOLA, TX 77861-5143
OccupancyOwner Occupied
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jul 2, 2026Deed, Transfer · VA Mortgage
MORTGAGE CENTER LLC
Mar 4, 2024Vendor's Lien, Transfer · Conventional Mortgage
1ST ALLIANCE MORTGAGE LLC
Nov 28, 2018Intrafamily Transfer, Transfer
CORNERSTONE HOME LENDING INC

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 2, 2026 · Amount on Record
Deed SaleJul 2, 2026 · Amount on Record
Prior SaleMar 4, 2024 · Amount on Record
Deed Document Number2026355953
Prior Transfer DateNov 26, 2018
Prior Transfer Doc001719/402
Record UpdatedOct 29, 2026

July 2026: Deed, Transfer

Document TypeDeed
JurisdictionGRIMES TX
Recording DateJul 2, 2026
Property Address7271 COUNTY ROAD 118, IOLA, TX 77861-5143
Document Number0000355953
Instrument DateJun 30, 2026
Instrument2026355953
Transaction TypeTransfer
Record UpdatedOct 23, 2026
Title CompanyUNIVERSITY TITLE COMPANY

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address7271 COUNTY ROAD 118, IOLA, TX 77861-5143
InvestorPossibly a Property Investor

Mortgage

Document Number0000355953,
DateJul 2, 2026
Instrument2026355953
Lender
NameMORTGAGE CENTER LLC
Agreement
TypeVA Mortgage
AmountAmount Recorded
Term360 Months
DueJul 1, 2056
Interest
Max Rate-1%

March 2024: Vendor's Lien, Transfer

Document TypeVendor's Lien
JurisdictionGRIMES TX
Recording DateMar 4, 2024
Property Address7271 COUNTY ROAD 118, IOLA, TX 77861-5143
Document Number0000338503
Instrument DateMar 1, 2024
Instrument338503
Transaction TypeTransfer
Record UpdatedMar 19, 2024
Title CompanyUTITLE

Transaction

Tax$0.00
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address7271 COUNTY ROAD 118, IOLA, TX 77861-5143

Mortgage

Document Number0000338504
DateMar 4, 2024
Instrument338504
Lender
Name1ST ALLIANCE MORTGAGE LLC
TypeMortgage Company
Special NotesSeller Financed
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term360 Months
DueMar 1, 2054

November 2018: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionGRIMES TX
Recording DateNov 28, 2018
Property Address7271 COUNTY ROAD 118, IOLA, TX 77861-5143
Document Number001719/402
Book / Page1719 / 402
Map ReferenceVOL1732 PG314
Instrument DateNov 26, 2018
Instrument298106
Transaction TypeTransfer
Record UpdatedDec 21, 2021
Title CompanyAGGIELAND TITLE CO

Transaction

Tax$0.00
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address21377 FM 244, IOLA, TX 77861-5167

Mortgage

Document Number0000298107
DateNov 28, 2018
Instrument298107
Lender
NameCORNERSTONE HOME LENDING INC
TypeMortgage Company
Agreement
AmountAmount Recorded
Term361 Months
DueDec 1, 2048

Tax Assessment & Valuation

Source: Grimes County assessment roll, as of May 26, 2026

Property Jurisdictions

TypeName
StateTexas
CountyGrimes County
Unified School DistrictIola Independent School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,318.00 (-45.2%)$194,510 (+11.19%) Land $58,000 Building $136,510$194,510 (+11.19%) Land $58,000 Building $136,510
2024$2,405.00 (+5.53%)
2023$174,930 Land $48,000 Building $126,930$174,930 Land $48,000 Building $126,930
2022$2,279.00

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

Flood

Source: FEMA National Flood Hazard Layer, effective April 14, 2016 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies6 in force
Nearby Flood Claims1 (2024)
Claims Outside the SFHA1 of 1
Most Recent ClaimApr 2024 · Severe Storms, Straight-line Winds, Tornadoes, 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

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

Wildfire RiskModerate
above 54% of the US · lower than 68% of Texas
Wildfire Likelihood0.1% 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 SystemWICKSON CREEK SUD GRIMES COUNTY
serves 4,843 people · EPA ID TX0930003
Water SourceGroundwater
Last State InspectionSep 2024
LeadUnder 1 ppb (2021–2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 49 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
MidSouth Fiber Internet
Fiber
8,000 / 8,000
Windstream
DSL
200 / 20
AT&T
Fixed Wireless
100 / 20

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