308 WONDERFUL LIFE WAY, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $237,936 and $262,736, with a best estimate of $254,401. That places the property above the J320320D - BAILEY PARK median of $250,902, in a neighborhood that declined 8.4% over the past year.
Estimated Value Range
$254,401
$270,808
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J320320D - BAILEY PARK, this home's estimated market value is between $237,936 and $262,736. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$36,235 for 204 sqft less living space and -$4,589 for being older. Net adjustment: -$40,824.
Adjusted +$20,959 for 118 sqft more living space. Net adjustment: +$20,959.
Adjusted -$18,473 for 104 sqft less living space. Net adjustment: -$18,473.
Adjusted -$36,235 for 204 sqft less living space and -$4,589 for being older. Net adjustment: -$40,824.
Adjusted +$20,959 for 118 sqft more living space and -$4,589 for being older. Net adjustment: +$16,370.
The Neighborhood
This home is valued 7.9% above the J320320D - BAILEY PARK median of $250,902. With 569 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.4% over the past year.
J320320D - BAILEY PARK
typicalThis home is +7.9% above the subdivision median.
Tax Analysis
The estimated annual property tax is $6,513 across all districts. With a homestead exemption claimed, that drops to $4,830 — saving $1,683 per year. That's $403 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Jarrell ISD | School | 1.1669% | $3,160 |
| Sonterra MUD | MUD | 0.7245% | $1,962 |
| Williamson County | County | 0.3694% | $1,000 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $271 |
| Williamson County FM/Rd | County | 0.0443% | $120 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4052% | $6,513 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $254,401 would pay approximately $1,588 per month (principal and interest only, excluding taxes and insurance).