120 TERRY MEADOW LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $283,063 and $310,628, with a best estimate of $302,204. 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
$302,204
$340,020
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 $283,063 and $310,628. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$98,556 for 587 sqft less living space. Net adjustment: -$98,556.
Adjusted -$69,174 for 412 sqft less living space and +$5,590 for being newer. Net adjustment: -$63,584.
Adjusted -$77,905 for 464 sqft less living space and +$1,863 for being newer. Net adjustment: -$76,042.
Adjusted -$53,727 for 320 sqft less living space and +$3,727 for being newer. Net adjustment: -$50,000.
Adjusted -$29,718 for 177 sqft less living space. Net adjustment: -$29,718.
The Neighborhood
This home is valued 1.9% 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 -1.9% below the subdivision median.
Tax Analysis
The estimated annual property tax is $7,054 across all districts. With a homestead exemption claimed, that drops to $5,358 — saving $1,696 per year. That's $447 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% | $3,968 |
| Jarrell | City | 0.3940% | $1,340 |
| Williamson County | County | 0.3694% | $1,256 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $340 |
| Williamson County FM/Rd | County | 0.0443% | $151 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $7,054 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $302,204 would pay approximately $1,886 per month (principal and interest only, excluding taxes and insurance).