308 STONE WATER LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $162,819 and $332,219, with a best estimate of $174,520. That places the property below the J210321D - RIO LOBO median of $278,460, in a neighborhood that declined 1.3% over the past year.
Estimated Value Range
$174,520
$229,275
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J210321D - RIO LOBO, this home's estimated market value is between $162,819 and $332,219. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$90,926 for 381 sqft less living space. Net adjustment: -$90,926.
Adjusted -$74,698 for 313 sqft less living space. Net adjustment: -$74,698.
This comparable closely matches the subject property's features.
Adjusted +$22,433 for 94 sqft more living space and +$3,099 for being newer. Net adjustment: +$25,532.
Adjusted -$74,698 for 313 sqft less living space. Net adjustment: -$74,698.
The Neighborhood
This home is valued 17.7% below the J210321D - RIO LOBO median of $278,460. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 1.3% over the past year.
J210321D - RIO LOBO
below averageThis home is -17.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,031 across all districts. With a homestead exemption claimed, that drops to $4,355 — saving $1,676 per year. That's $363 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% | $2,675 |
| Cool Water MUD | MUD | 0.9500% | $2,178 |
| Williamson County | County | 0.3694% | $847 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $229 |
| Williamson County FM/Rd | County | 0.0443% | $102 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.6307% | $6,031 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $174,520 would pay approximately $1,089 per month (principal and interest only, excluding taxes and insurance).