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137 MORRISON DR, JARRELL, TX 76537

JARRELL, 76537 — williamson County

5 bed3 bath1,279 sqftBuilt 2023

Property at a Glance

This home is estimated between $236,065 and $382,593, with a best estimate of $344,000. That places the property above the J208321D - Cool Water median of $263,502, in a neighborhood that appreciated 67.7% over the past year.

Estimated Value Range

$236,065 $382,593
Best Estimate
$344,000
WCAD Value
$305,126
Low Confidence

Based on 5 comparable properties(0 in the same subdivision)

There are 5 comparable properties within range, but none are in J208321D - Cool Water. The estimated range of $236,065 and $382,593 should be treated as a rough guide.

Comparable Properties (5)

4 bed 2 bath 1,320 sqft Built 2024
Raw Value $354,970
Adjusted Value $344,000

Adjusted -$9,659 for 41 sqft less living space and -$1,311 for being older. Net adjustment: -$10,970.

4 bed 2 bath 1,320 sqft Built 2024
Raw Value $354,970
Adjusted Value $344,000

Adjusted -$9,659 for 41 sqft less living space and -$1,311 for being older. Net adjustment: -$10,970.

4 bed 2 bath 1,219 sqft Built 2021
Raw Value $219,308
Adjusted Value $236,065

Adjusted +$14,135 for 60 sqft more living space and +$2,622 for being newer. Net adjustment: +$16,757.

4 bed 2 bath 1,062 sqft Built 2024
Raw Value $332,783
Adjusted Value $382,593

Adjusted +$51,121 for 217 sqft more living space and -$1,311 for being older. Net adjustment: +$49,810.

3 bed 2 bath 1,193 sqft Built 2020
Raw Value $217,397
Adjusted Value $241,590

Adjusted +$20,260 for 86 sqft more living space and +$3,933 for being newer. Net adjustment: +$24,193.

The Neighborhood

This home is valued 15.8% above the J208321D - Cool Water median of $263,502. With 747 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 67.7% over the past year.

J208321D - Cool Water

above average
747 Properties
$263,502 Median Value
+67.7% YoY Change
0% Have Pool
100% Have Garage
This Home
$305,126
Median
$263,502

This home is +15.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $8,027 across all districts. With a homestead exemption claimed, that drops to $6,337 — saving $1,690 per year. That's $528 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

DistrictTypeRateAnnual Amount
Jarrell ISDSchool1.1669%$3,561
Cool Water MUDMUD0.9500%$2,899
Williamson CountyCounty0.3694%$1,127
Williamson County ESD #5 - JarrellESD0.1000%$305
Williamson County FM/RdCounty0.0443%$135
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.6307%$8,027

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $344,000 would pay approximately $2,147 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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