704 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $326,711 and $396,427, with a best estimate of $347,381. 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
$347,381
$335,446
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 $326,711 and $396,427. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$61,954 for 369 sqft less living space and -$1,863 for being older. Net adjustment: -$63,817.
Adjusted -$19,812 for 118 sqft less living space. Net adjustment: -$19,812.
Adjusted -$40,631 for 242 sqft less living space and +$3,727 for being newer. Net adjustment: -$36,904.
Adjusted -$22,666 for 135 sqft less living space and +$5,590 for being newer. Net adjustment: -$17,076.
Adjusted -$2,351 for 14 sqft less living space and -$1,863 for being older. Net adjustment: -$4,214.
The Neighborhood
This home is valued 3.2% 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 -3.2% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,959 across all districts. With a homestead exemption claimed, that drops to $5,264 — saving $1,695 per year. That's $439 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% | $3,914 |
| Jarrell | City | 0.3940% | $1,322 |
| Williamson County | County | 0.3694% | $1,239 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $335 |
| Williamson County FM/Rd | County | 0.0443% | $149 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $6,959 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $347,381 would pay approximately $2,168 per month (principal and interest only, excluding taxes and insurance).