509 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $388,881 and $442,445, with a best estimate of $415,700. That places the property above the J311413D - HOME PLACE median of $346,577, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$415,700
$414,235
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J311413D - HOME PLACE, this home's estimated market value is between $388,881 and $442,445. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$70,685 for 421 sqft more living space. Net adjustment: +$70,685.
Adjusted +$51,377 for 306 sqft more living space and -$5,590 for being older. Net adjustment: +$45,787.
Adjusted -$5,205 for 31 sqft less living space and -$7,454 for being older. Net adjustment: -$12,659.
Adjusted -$9,067 for 54 sqft less living space and -$1,863 for being older. Net adjustment: -$10,930.
Adjusted +$30,054 for 179 sqft more living space. Net adjustment: +$30,054.
The Neighborhood
This home is valued 19.5% above the J311413D - HOME PLACE median of $346,577. With 294 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
J311413D - HOME PLACE
above averageThis home is +19.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,594 across all districts. With a homestead exemption claimed, that drops to $6,884 — saving $1,710 per year. That's $574 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% | $4,834 |
| Jarrell | City | 0.3940% | $1,632 |
| Williamson County | County | 0.3694% | $1,530 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $414 |
| Williamson County FM/Rd | County | 0.0443% | $184 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $8,594 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $415,700 would pay approximately $2,595 per month (principal and interest only, excluding taxes and insurance).