124 WALTER WAY, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $266,452 and $451,894, with a best estimate of $291,027. 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
$291,027
$314,888
Based on 5 comparable properties(3 in the same subdivision)
Based on 5 comparable properties (3 in the same subdivision, 2 nearby), the estimated range is $266,452 and $451,894. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$15,111 for 90 sqft less living space and -$13,044 for being older. Net adjustment: -$28,155.
Adjusted +$13,600 for 81 sqft more living space. Net adjustment: +$13,600.
Adjusted -$110,477 for 658 sqft less living space and +$1,863 for being newer. Net adjustment: -$108,614.
Adjusted +$8,059 for 48 sqft more living space and -$13,044 for being older. Net adjustment: -$4,985.
Adjusted +$32,740 for 195 sqft more living space and +$9,317 for being newer. Net adjustment: +$42,057.
The Neighborhood
This home is valued 9.1% 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 -9.1% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,533 across all districts. With a homestead exemption claimed, that drops to $4,841 — saving $1,692 per year. That's $403 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% | $3,674 |
| Jarrell | City | 0.3940% | $1,241 |
| Williamson County | County | 0.3694% | $1,163 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $315 |
| Williamson County FM/Rd | County | 0.0443% | $140 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $6,533 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $291,027 would pay approximately $1,817 per month (principal and interest only, excluding taxes and insurance).