505 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $426,894 and $509,692, with a best estimate of $441,569. 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
$441,569
$424,037
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 $426,894 and $509,692. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$51,041 for 304 sqft more living space. Net adjustment: +$51,041.
Adjusted +$75,890 for 452 sqft more living space and +$7,454 for being newer. Net adjustment: +$83,344.
Adjusted +$56,582 for 337 sqft more living space and +$1,863 for being newer. Net adjustment: +$58,445.
Adjusted +$116,521 for 694 sqft more living space and +$1,863 for being newer. Net adjustment: +$118,384.
Adjusted +$5,205 for 31 sqft more living space and +$7,454 for being newer. Net adjustment: +$12,659.
The Neighborhood
This home is valued 22.4% 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 +22.4% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,797 across all districts. With a homestead exemption claimed, that drops to $7,085 — saving $1,712 per year. That's $590 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% | $4,948 |
| Jarrell | City | 0.3940% | $1,671 |
| Williamson County | County | 0.3694% | $1,567 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $424 |
| Williamson County FM/Rd | County | 0.0443% | $188 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $8,797 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $441,569 would pay approximately $2,756 per month (principal and interest only, excluding taxes and insurance).