408 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $320,784 and $390,501, with a best estimate of $341,455. That places the property below the J311413D - HOME PLACE median of $346,577, in a neighborhood that declined 5.6% over the past year.
Estimated Value Range
$341,455
$341,343
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 $320,784 and $390,501. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$62,290 for 371 sqft less living space and -$7,454 for being older. Net adjustment: -$69,744.
Adjusted -$20,148 for 120 sqft less living space and -$5,590 for being older. Net adjustment: -$25,738.
Adjusted -$40,967 for 244 sqft less living space and -$1,863 for being older. Net adjustment: -$42,830.
Adjusted -$23,002 for 137 sqft less living space. Net adjustment: -$23,002.
Adjusted -$2,686 for 16 sqft less living space and -$7,454 for being older. Net adjustment: -$10,140.
The Neighborhood
This home is valued 1.5% below the J311413D - HOME PLACE median of $346,577. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 5.6% over the past year.
J311413D - HOME PLACE
typicalThis home is -1.5% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,082 across all districts. With a homestead exemption claimed, that drops to $5,385 — saving $1,697 per year. That's $449 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% | $3,983 |
| Jarrell | City | 0.3940% | $1,345 |
| Williamson County | County | 0.3694% | $1,261 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $341 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $7,082 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $341,455 would pay approximately $2,131 per month (principal and interest only, excluding taxes and insurance).