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Single Family ResidenceResidential
$169,821$162 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 86How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026

503 S CHESTNUT ST

GAINESVILLE, TX 76240
3
Beds
1.5
Baths
1,046 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.24 ac
Lot SizeThe size of the land the home sits on, from county records.
1963
Year BuiltThe year the home was originally built, according to county records.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$170K
$145K low$194K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,383 (2026)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$161,690 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$57,030
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$104,660
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$161,690
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$161,690

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.18 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.''

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCOOKE
Lot (acres)The size of the land the home sits on, from county records.0.24
ConstructionThe main material the home's frame and walls are built from.Brick
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Mat/Raft Foundation (Slab)
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 48 ft²

Transaction History(1)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Gainesville Jr High SchoolD
Middle · Grades 7–8 · 0.5 mi
H
Gainesville High SchoolD
High · Grades 9–12 · 1.3 mi
E
Edison Elementary School
Elementary · Grades PK–1 · 1.4 mi

District: Gainesville Independent School District

Neighborhood · ZIP 76240These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.99
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.38

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.89%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.30,647
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.80 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$65,859
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,136
Average tempThe average temperature here across a full year.63°F
Annual precipHow much rain and melted snow falls here in a typical year.38 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.64%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

503 S Chestnut St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 84% of homes in Cooke County
  • Smaller than 85% of homes in Gainesville 76240
  • Has a smaller lot than 78% of homes in Cooke County
  • Older than 75% of homes in Cooke County

What homes are worth in Gainesville 76240

Each bar is how many homes fall in that price range. The marker is this home.

This home
$92K$1.4M

This home is worth more than 22% of homes in Gainesville 76240.

How it measures up in Gainesville 76240

The dot is this home. The mark in the middle is the typical home in Gainesville 76240.

Estimated value$169,821
CheaperTypical $275,795Pricier

Pricier than 22% of homes nearby

Price per ft²$162
CheaperTypical $167Pricier

Pricier than 47% of homes nearby

Living area1,046 ft²
SmallerTypical 1,574 ft²Bigger

Bigger than 15% of homes nearby

Lot size0.24 ac
SmallerTypical 0.39 acBigger

Bigger than 29% of homes nearby

Year built1963
OlderTypical 1980Newer

Newer than 32% of homes nearby

How 503 S Chestnut St ranks against every home in each area.
MeasureThis homeGainesville 76240Cooke County
Estimated valuepricier than$169,82122% of homes16% of homes
Price per ft²pricier than$16247% of homes37% of homes
Living areabigger than1,046 ft²15% of homes15% of homes
Lot sizebigger than0.24 ac29% of homes22% of homes
Year builtnewer than196332% of homes25% of homes

About 503 S Chestnut St

How much is 503 S Chestnut St, Gainesville, TX worth?

The TopHap Estimate for 503 S Chestnut St, Gainesville, TX is $169,821 as of Sep 24, 2026. The likely range is $145,292 to $194,350. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 503 S Chestnut St, Gainesville, TX last sell?

503 S Chestnut St, Gainesville, TX last sold on Jul 31, 2024, according to the county's recorded deed.

How big is 503 S Chestnut St, Gainesville, TX?

503 S Chestnut St, Gainesville, TX has 3 bedrooms, 1.5 bathrooms, 1,046 square feet of living space and a 0.24-acre lot.

When was 503 S Chestnut St, Gainesville, TX built?

503 S Chestnut St, Gainesville, TX was built in 1963, making it 63 years old.

What schools serve 503 S Chestnut St, Gainesville, TX?

503 S Chestnut St, Gainesville, TX is assigned to Gainesville Jr High School (middle), rated D; Gainesville High School (high), rated D; Edison Elementary School (elementary). All sit in Gainesville Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 503 S Chestnut St, Gainesville, TX compare to other homes in Gainesville 76240?

Among the 12,112 homes in Gainesville 76240, it is worth more than 22% of them ($169,821 against a typical $275,795), its price per square foot is higher than 47% of them ($162 against a typical $167), it is bigger than 15% of them (1,046 ft² against a typical 1,574 ft²), its lot is bigger than 29% of them (0.24 ac against a typical 0.39 ac) and it is newer than 32% of them (1963 against a typical 1980). Measured against all of Cooke County, it is worth more than 16% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 503 S Chestnut St, Gainesville, TX?

The 2026 property tax bill for 503 S Chestnut St, Gainesville, TX was $3,383. The county assessed it at $161,690.

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