124 TERRY MEADOW LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $312,781 and $340,346, with a best estimate of $331,006. 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
$331,006
$338,671
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 $312,781 and $340,346. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$88,147 for 525 sqft less living space and +$3,727 for being newer. Net adjustment: -$84,420.
Adjusted -$68,838 for 410 sqft less living space. Net adjustment: -$68,838.
Adjusted -$39,456 for 235 sqft less living space and +$5,590 for being newer. Net adjustment: -$33,866.
Adjusted -$48,187 for 287 sqft less living space and +$1,863 for being newer. Net adjustment: -$46,324.
Adjusted -$24,009 for 143 sqft less living space and +$3,727 for being newer. Net adjustment: -$20,282.
The Neighborhood
This home is valued 2.3% 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 -2.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,026 across all districts. With a homestead exemption claimed, that drops to $5,330 — saving $1,696 per year. That's $444 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% | $3,952 |
| Jarrell | City | 0.3940% | $1,334 |
| Williamson County | County | 0.3694% | $1,251 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $339 |
| Williamson County FM/Rd | County | 0.0443% | $150 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $7,026 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $331,006 would pay approximately $2,066 per month (principal and interest only, excluding taxes and insurance).