3400 W FM 487, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $-258,519 and $582,660, with a best estimate of $-163,869. That places the property below the N11IE - INDUSTRIAL EXCAVATION median of $2,604,892, in a neighborhood that appreciated 7.3% over the past year.
Estimated Value Range
$-163,869
$146,756
Based on 5 comparable properties(0 in the same subdivision)
There are 5 comparable properties within range, but none are in N11IE - INDUSTRIAL EXCAVATION. The estimated range of $-258,519 and $582,660 should be treated as a rough guide.
Comparable Properties (5)
Adjusted +$15,905 for 83 sqft more living space. Net adjustment: +$15,905.
Adjusted -$61,896 for 323 sqft less living space and -$290,365 for being older. Net adjustment: -$352,261.
Adjusted +$16,288 for 85 sqft more living space and -$489,035 for being older. Net adjustment: -$472,747.
Adjusted +$17,630 for 92 sqft more living space and -$305,647 for being older. Net adjustment: -$288,017.
Adjusted +$23,953 for 125 sqft more living space and +$305,647 for being newer and -$6,235 for no pool. Net adjustment: +$323,365.
The Neighborhood
This home is valued 94.4% below the N11IE - INDUSTRIAL EXCAVATION median of $2,604,892. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 7.3% over the past year.
N11IE - INDUSTRIAL EXCAVATION
outlier lowThis home is -94.4% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,466 across all districts. With a homestead exemption claimed, that drops to $806 — saving $1,660 per year. That's $67 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% | $1,712 |
| Williamson County | County | 0.3694% | $542 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $147 |
| Williamson County FM/Rd | County | 0.0443% | $65 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.6807% | $2,466 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $-163,869 would pay approximately $-1,023 per month (principal and interest only, excluding taxes and insurance).