The Commercial property E Highway 67, Rainbow, TX is located in Somervell County. The specific property type is Commercial Improved Land. The total assessed value of this property is $33,600.
The gross building area is 3,200 square feet and the land area is 0 square feet for this Commercial Improved Land built in N/A.
Legal description: Tract: 100-0-1 Abst: A136 A136 Milam Co Sch Ld Tr 100-B Improvement Only
| Assessment Year ↓ | Assessed Land Value ↕ | Assessed Improved Value ↕ | Assessed Total Value ↕ | Market Value ↕ | Owner Name ↕ | Owner Address ↕ | Legal Description ↕ | Neighborhood Code ↕ | Sub Division ↕ | Land Size (SF) ↕ | GBA (SF) ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | - | $33,600 | $33,600 | $33,600 | Mike Gilleland | - | Tract: 100-0-1 Abst:... | Ap | A136 Milam Co Sch Ld | 0 | 3,200 |
| 2024 | - | $33,600 | $33,600 | $33,600 | Gilleland Mike | 4170 E Hwy 67, Rainb... | Tract: 100-0-1 Abst:... | AP | A136 | 0 | 3,200 |
| 2023 | - | $33,600 | $33,600 | $33,600 | Gilleland Mike | 4170 E Hwy 67, Rainb... | A136 Milam Co Sch Ld... | AP | A136 MILAM CO SCH LD | 0 | 3,200 |
| 2022 | - | $33,600 | $33,600 | $33,600 | Gilleland Mike | 4170 E Hwy 67, Rainb... | A136 Milam Co Sch Ld... | AP | A136 MILAM CO SCH LD | 0 | 3,200 |
| 2021 | - | $33,600 | $33,600 | $33,600 | Mike Gilleland | 4170 E Highway 67, R... | TRACT: 100-0-1 ABST:... | AP | A136 MILAM CO SCH LD | 0 | 3,200 |
| 2019 | - | $29,230 | $29,230 | $29,230 | Gilleland Mike | 4170 E Highway 67, R... | TRACT: 100-0-1 ABST:... | - | - | 0 | 3,520 |
| 2018 | - | $29,230 | $29,230 | $29,230 | Gilleland Mike | 4170 E Highway 67, R... | TRACT: 100-0-1 ABST:... | - | - | 0 | 3,520 |
| 2017 | - | $29,230 | $29,230 | $29,230 | Gilleland Mike | 4170 E Highway 67, R... | TRACT: 100-0-1 ABST:... | - | - | 0 | 3,520 |
| 2016 | - | $29,230 | $29,230 | $29,230 | Gilleland Mike | 4170 E Highway 67, R... | TRACT: 100-0-1 ABST:... | - | - | 0 | 3,520 |
| 2015 | - | $29,230 | $29,230 | $29,230 | Gilleland Mike | 4170 E Highway 67, R... | TRACT: 100-0-1 ABST:... | - | - | 0 | 3,520 |
| Address | Assessors Parcel Number | Property Type | Property Sub Type | Owner Name | County | Miles | Sale Price | Sale Date | Price / SF | Year Built | GBA | Units |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| E Highway 67, Rainbow, TX | R000008866 | Commercial | Commercial Improved Land | Mike Gilleland | Somervell | - | - | - | - | 0 | 3,200 | - |
| 907 Ne Big Bend Trl, Glen Rose, TX 76043 | R000008948 | Commercial | Commercial Improved Land | Glenn Wilson | Somervell | 2.1 | $ 1,197,000 | 05/05/2026 | $ 190.00 | 1985 | 6,300 | - |
| 202 Ne Barnard St, Glen Rose, TX 76043 | R000004664 | Commercial | Commercial Improved Land | James Taylor Cole | Somervell | 1.3 | $ 310,000 | 12/31/2024 | $ 59.70 | 0 | 5,193 | - |
| US377 N, Stephenville, TX 76401 | R000056032 | Commercial | Commercial Improved Land | Donald P Weems | Erath | 17.3 | $ 192,850 | 10/30/2025 | $ 107.14 | 2008 | 1,800 | - |
| 164 E College St, Stephenville, TX 76401 | R000029157 | Commercial | Commercial Improved Land | M & F Project 1885 Llc | Erath | 25.1 | $ 600,000 | 12/27/2024 | $ 110.09 | 0 | 5,450 | - |
| 1511 S Graham St, Stephenville, TX 76401 | R000076290 | Commercial | Commercial Improved Land | Gks Real Estate Investments Llc | Erath | 24.6 | $ 860,000 | 04/13/2026 | $ 172.00 | 2017 | 5,000 | - |
| 408 East Rd, Stephenville, TX 76401 | R000029889 | Commercial | Commercial Improved Land | Shawn Felton | Erath | 24.4 | $ 190,000 | 01/17/2025 | $ 105.56 | 1987 | 1,800 | - |
| 439 S Graham St, Stephenville, TX 76401 | R000029370 | Commercial | Commercial Improved Land | Kcem Investments Llc | Erath | 25.1 | $ 385,000 | 12/18/2024 | $ 118.61 | 1925 | 3,246 | - |
| Texas St Walnut Spgs, Walnut Springs, TX 76690 | R34153 | Commercial | Commercial Improved Land | 3p Properties, Llc | Bosque | 11.5 | $ 445,550 | 12/18/2024 | $ 57.06 | 2022 | 7,808 | - |
| 1010 S Second Ave, Stephenville, TX 76401 | R000033785 | Commercial | Commercial Improved Land | Beshears Properties Llc | Erath | 25.6 | $ 500,000 | 12/02/2024 | $ 143.68 | 1974 | 3,480 | - |
| White Bluff Dr, Whitney, TX 76692 | 138206 | Commercial | Commercial Improved Land | Tax Lien Holdings Llc | Hill | 26.4 | $ 125,000 | 10/24/2025 | $ 29.54 | 0 | 4,232 | - |
| Lender Name | Property Address | Loan Date | Mortgage Amount | Land Size (SF) | Year Built | GBA (SF) | Total Assessed Value | Land Assessed Value | Borrower |
|---|---|---|---|---|---|---|---|---|---|
| — | E Highway 67, Rainbow, TX | — | - | - | N/A | 3,200 | $ 33,600 | - | - |
| Ally Bank | W Ih 20, Weatherford, TX 76086 | 02/12/2025 | $ 15,725,000 | 230,607 | 0 | 5,000 | $ 1,104,680 | $ 1,037,730 | Shottenkirk Weatherford Properties Llc |
| Worthington Bank | 20 Service, Aledo, TX 76008 | 05/20/2025 | $ 7,000,000 | 65,340 | 0 | 672 | $ 455,910 | $ 392,040 | Zak Capital Llc |
| First Financial Bank | 320 S Harbin, Stephenville, TX 76401 | 06/20/2024 | $ 2,051,491 | 65,340 | 0 | - | $ 522,700 | $ 522,700 | Csa Family Limited Partnership |
| North Texas Certified Dev Corp | W Avenue F, Midlothian, TX 76065 | 10/31/2024 | $ 1,954,000 | 92,347 | 2023 | 4,578 | $ 2,013,753 | $ 1,717,658 | |
| First Financial Bank | 3091 Cr 2700, Walnut Springs, TX 76690 | 07/02/2024 | $ 1,412,000 | 130,680 | 2013 | 5,712 | $ 478,846 | $ 27,759 | Magnitude Real Estate Lp |
| Texas Bank | 0 Airport Rd, Weatherford, TX 76085 | 08/05/2024 | $ 1,293,704 | 3,920 | 0 | 3,500 | $ 193,990 | $ 18,000 | 121 Jimma Wp Llc |
| Members Trust Of The Southwest | 1540 W Long, Stephenville, TX 76401 | 06/26/2025 | $ 1,153,000 | 15,290 | 1980 | 1,120 | $ 141,900 | $ 122,400 | |
| Frost Bank | Highway 360, Midlothian, TX 76065 | 11/12/2024 | $ 1,000,000 | 1,067,655 | 2023 | 117,918 | $ 23,475,859 | $ 1,314,350 | Tmi Asc Mansfield Llc |
| Erath Capital Investments Llc | 1540 W Long, Stephenville, TX 76401 | 01/05/2024 | $ 979,033 | 15,290 | 1980 | 1,120 | $ 141,900 | $ 122,400 | |
| First Financial Bank | 320 S Harbin, Stephenville, TX 76401 | 05/22/2025 | $ 760,000 | 65,340 | 0 | - | $ 522,700 | $ 522,700 | Csa Family Limited Partnership |