116 TERRY MEADOW LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $301,532 and $329,096, with a best estimate of $320,673. 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
$320,673
$332,640
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 $301,532 and $329,096. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$80,087 for 477 sqft less living space. Net adjustment: -$80,087.
Adjusted -$50,705 for 302 sqft less living space and +$5,590 for being newer. Net adjustment: -$45,115.
Adjusted -$59,436 for 354 sqft less living space and +$1,863 for being newer. Net adjustment: -$57,573.
Adjusted -$35,259 for 210 sqft less living space and +$3,727 for being newer. Net adjustment: -$31,532.
Adjusted -$11,249 for 67 sqft less living space. Net adjustment: -$11,249.
The Neighborhood
This home is valued 4.0% 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 -4.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,901 across all districts. With a homestead exemption claimed, that drops to $5,206 — saving $1,695 per year. That's $434 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% | $3,882 |
| Jarrell | City | 0.3940% | $1,311 |
| Williamson County | County | 0.3694% | $1,229 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $333 |
| Williamson County FM/Rd | County | 0.0443% | $147 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $6,901 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $320,673 would pay approximately $2,002 per month (principal and interest only, excluding taxes and insurance).