8051 Co Rd 118, Iola, TX 77861 Property Records

Grimes County property record for 8051 Co Rd 118, Iola, TX 77861

Property Summary

Property Type	Ranch
Details	1 ba · 13,359 sqft · built 2009
Lot Size	328 acres (14,324,619 sqft)
Owner	Company Name on File
Tax Bill	$7,023 (2025)
Deeds & Mortgages	Jan 2020 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`38-000-0491`

Property Details

APN / Parcel Number

Primary APN	`38-000-0491`
Alternative APN	`R13021`

Interior

Full Baths	1 Bath
Stories	1 Story
Building Area	13,359 sqft Gross Area
1st Floor Area	4,059 sqft

Exterior

Year Built	Built 2009
Effective Year Built	Effective 2009
Exterior Material	Metal
Construction Type	Frame
Roof Type	Gable
Roof Material	Metal
Lot Area	14,324,619 sqft (328 acres)

Exterior Amenities

Porch	Open Porch
Porch Area	470 sqft
Shed	1 Shed
Shed Area	900 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central

Location & Zoning

Account Number	38-000-0491
Street Address	8051 COUNTY ROAD 118
City	IOLA
State	TX
Zip	77861-5321
Property Category	Agriculture or Farming
Property Type	Agriculture / Farming > Ranch
Legal Description	A0038 M MC DOWELL, TRACT 49-1, ACRES 328.848
Legal Subdivision	MILL MCDOWELL SURV A-38
Legal Tract	49
Legal Block	2
Legal Lot Number	1-49
Jurisdiction	GRIMES TX
Township / Civil Division	ANDERSON-BEDIAS
Census Block Group	2
Census Block	2024
Census Tract	180304

Owner

8051 Co Rd 118, an agricultural property, is owned by a company that acquired it in June 2009.

Source: Grimes County records, as of May 26, 2026

Owner of Record	Company Name on File
Mailing Address	17506 E BREMONDS BEND CT, CYPRESS, TX 77433-2963
Owner Type	Company
Vesting	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	Jun 3, 2009
Deed Sale	Jun 3, 2009
Deed Document Number	2009229980
Deed Book / Page	1306 / 106
Record Updated	Sep 20, 2026

January 2020: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	GRIMES TX
Recording Date	Jan 8, 2020
Property Address	8051 COUNTY ROAD 118, IOLA, TX 77861-5321
Document Number	0000305623
Instrument Date	Dec 30, 2019
Instrument	305623
Transaction Type	Transfer
Record Updated	Dec 21, 2021
Title Company	UTITLE

Transaction

Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	8350 PRINE LN, 8350, MAGNOLIA, TX 77354-6514

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	14110 JUNCTION CREEK LN, CYPRESS, TX 77429-5831

Mortgage

Document Number	0000305624
Date	Jan 8, 2020
Instrument	305624

Lender

Name	AGAMERICA LENDING LLC
Type	Mortgage Company

Agreement

Type	ARM
Amount	Amount on Record
Term	301 Months
Due	Feb 1, 2045

Interest

Rate Type	Adjustable Rate
Rate	4.54%
Adjustable	Adjustable Rate Rider
Change Frequency	5 Years
Index	5-Year CMT

Tax Assessment & Valuation

The 2025 property tax bill for 8051 Co Rd 118 was $7,023.

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

Property Jurisdictions

Type	Name
State	Texas
County	Grimes County
Unified School District	Iola Independent School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$7,023.00 Additional exemption filed	$543,180	$2,770,320 Land $2,259,190 Building $511,130
2023		$2,409,940 Land $1,927,050 Building $482,890	$2,409,940 Land $1,927,050 Building $482,890
2022	$7,237.00

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

Flood

FEMA maps place 8051 Co Rd 118 in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2024.

Source: FEMA National Flood Hazard Layer, effective April 14, 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	6 in force
Nearby Flood Claims	1 (2024)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Apr 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

Wildfire risk around 8051 Co Rd 118 is moderate, ranking above 56% of the US, with a 0.1% annual chance of wildfire.

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

Wildfire Risk	Moderate above 56% of the US · lower than 64% of Texas
Wildfire Likelihood	0.1% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.