508 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $361,985 and $431,702, with a best estimate of $382,656. 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
$382,656
$508,234
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 $361,985 and $431,702. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$28,543 for 170 sqft less living space. Net adjustment: -$28,543.
Adjusted +$13,600 for 81 sqft more living space and +$1,863 for being newer. Net adjustment: +$15,463.
Adjusted -$7,220 for 43 sqft less living space and +$5,590 for being newer. Net adjustment: -$1,630.
Adjusted +$10,745 for 64 sqft more living space and +$7,454 for being newer. Net adjustment: +$18,199.
Adjusted +$31,061 for 185 sqft more living space. Net adjustment: +$31,061.
The Neighborhood
This home is valued 46.6% 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 +46.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $10,544 across all districts. With a homestead exemption claimed, that drops to $8,817 — saving $1,727 per year. That's $735 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% | $5,931 |
| Jarrell | City | 0.3940% | $2,002 |
| Williamson County | County | 0.3694% | $1,878 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $508 |
| Williamson County FM/Rd | County | 0.0443% | $225 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $10,544 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $382,656 would pay approximately $2,389 per month (principal and interest only, excluding taxes and insurance).