116 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $277,533 and $462,975, with a best estimate of $302,108. 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
$302,108
$314,268
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 $277,533 and $462,975. More comparables in the same subdivision would strengthen this estimate.
Comparable Properties (5)
Adjusted -$4,030 for 24 sqft less living space and -$13,044 for being older. Net adjustment: -$17,074.
Adjusted +$24,681 for 147 sqft more living space. Net adjustment: +$24,681.
Adjusted -$99,396 for 592 sqft less living space and +$1,863 for being newer. Net adjustment: -$97,533.
Adjusted +$19,140 for 114 sqft more living space and -$13,044 for being older. Net adjustment: +$6,096.
Adjusted +$43,821 for 261 sqft more living space and +$9,317 for being newer. Net adjustment: +$53,138.
The Neighborhood
This home is valued 9.3% 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 -9.3% below the subdivision median.
Tax Analysis
The estimated annual property tax is $6,520 across all districts. With a homestead exemption claimed, that drops to $4,828 — saving $1,692 per year. That's $402 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% | $3,667 |
| Jarrell | City | 0.3940% | $1,238 |
| Williamson County | County | 0.3694% | $1,161 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $314 |
| Williamson County FM/Rd | County | 0.0443% | $139 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $6,520 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $302,108 would pay approximately $1,886 per month (principal and interest only, excluding taxes and insurance).