501 BAILEY PARK DR, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $246,418 and $387,596, with a best estimate of $361,980. That places the property above the J320320D - BAILEY PARK median of $250,902, in a neighborhood that declined 8.4% over the past year.
Estimated Value Range
$361,980
$243,977
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in J320320D - BAILEY PARK, this home's estimated market value is between $246,418 and $387,596. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$56,128 for 316 sqft more living space and +$4,589 for being newer. Net adjustment: +$60,717.
Adjusted +$4,589 for being newer. Net adjustment: +$4,589.
Adjusted +$53,464 for 301 sqft more living space and +$4,589 for being newer. Net adjustment: +$58,053.
Adjusted +$37,833 for 213 sqft more living space. Net adjustment: +$37,833.
Adjusted +$57,194 for 322 sqft more living space and +$4,589 for being newer. Net adjustment: +$61,783.
The Neighborhood
This home is valued 2.8% below the J320320D - BAILEY PARK median of $250,902. That positions it competitively for buyers comparing within the neighborhood. Note that values in this subdivision declined 8.4% over the past year.
J320320D - BAILEY PARK
typicalThis home is -2.8% below the subdivision median.
Tax Analysis
The estimated annual property tax is $5,868 across all districts. With a homestead exemption claimed, that drops to $4,189 — saving $1,679 per year. That's $349 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% | $2,847 |
| Sonterra MUD | MUD | 0.7245% | $1,768 |
| Williamson County | County | 0.3694% | $901 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $244 |
| Williamson County FM/Rd | County | 0.0443% | $108 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.4052% | $5,868 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $361,980 would pay approximately $2,259 per month (principal and interest only, excluding taxes and insurance).