509 BAILEY PARK DR, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $152,515 and $335,536, with a best estimate of $295,440. That places the property above the J320320D - BAILEY PARK median of $250,902, in a neighborhood that declined 8.4% over the past year.
Estimated Value Range
$295,440
$303,514
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J320320D - BAILEY PARK, this home's estimated market value is between $152,515 and $335,536. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$57,016 for 321 sqft more living space and -$4,589 for being older. Net adjustment: +$52,427.
Adjusted -$28,597 for 161 sqft less living space and -$4,589 for being older. Net adjustment: -$33,186.
Adjusted -$28,775 for 162 sqft less living space and -$4,589 for being older. Net adjustment: -$33,364.
Adjusted -$84,725 for 477 sqft less living space and -$4,589 for being older. Net adjustment: -$89,314.
Adjusted +$7,460 for 42 sqft more living space and -$9,179 for being older. Net adjustment: -$1,719.
The Neighborhood
This home is valued 21.0% above the J320320D - BAILEY PARK median of $250,902. With 569 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 8.4% over the past year.
J320320D - BAILEY PARK
above averageThis home is +21.0% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,300 across all districts. With a homestead exemption claimed, that drops to $5,610 — saving $1,690 per year. That's $468 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% | $3,542 |
| Sonterra MUD | MUD | 0.7245% | $2,199 |
| Williamson County | County | 0.3694% | $1,121 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $303 |
| Williamson County FM/Rd | County | 0.0443% | $135 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4052% | $7,300 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $295,440 would pay approximately $1,844 per month (principal and interest only, excluding taxes and insurance).