701 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $383,124 and $452,841, with a best estimate of $403,795. 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
$403,795
$372,722
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 $383,124 and $452,841. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$5,541 for 33 sqft less living space and -$1,863 for being older. Net adjustment: -$7,404.
Adjusted +$36,602 for 218 sqft more living space. Net adjustment: +$36,602.
Adjusted +$15,782 for 94 sqft more living space and +$3,727 for being newer. Net adjustment: +$19,509.
Adjusted +$33,748 for 201 sqft more living space and +$5,590 for being newer. Net adjustment: +$39,338.
Adjusted +$54,063 for 322 sqft more living space and -$1,863 for being older. Net adjustment: +$52,200.
The Neighborhood
This home is valued 7.5% above the J311413D - HOME PLACE median of $346,577. With 294 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 5.6% over the past year.
J311413D - HOME PLACE
typicalThis home is +7.5% above the subdivision median.
Tax Analysis
The estimated annual property tax is $7,733 across all districts. With a homestead exemption claimed, that drops to $6,030 — saving $1,703 per year. That's $503 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% | $4,349 |
| Jarrell | City | 0.3940% | $1,469 |
| Williamson County | County | 0.3694% | $1,377 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $373 |
| Williamson County FM/Rd | County | 0.0443% | $165 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $7,733 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $403,795 would pay approximately $2,520 per month (principal and interest only, excluding taxes and insurance).