705 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $403,135 and $434,202, with a best estimate of $410,265. 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
$410,265
$405,969
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 $403,135 and $434,202. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$39,456 for 235 sqft more living space and -$9,317 for being older. Net adjustment: +$30,139.
Adjusted +$64,305 for 383 sqft more living space and -$1,863 for being older. Net adjustment: +$62,442.
Adjusted +$44,997 for 268 sqft more living space and -$7,454 for being older. Net adjustment: +$37,543.
Adjusted -$6,380 for 38 sqft less living space and -$1,863 for being older. Net adjustment: -$8,243.
Adjusted -$11,585 for 69 sqft less living space and -$9,317 for being older. Net adjustment: -$20,902.
The Neighborhood
This home is valued 17.1% 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
above averageThis home is +17.1% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,423 across all districts. With a homestead exemption claimed, that drops to $6,714 — saving $1,709 per year. That's $560 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% | $4,737 |
| Jarrell | City | 0.3940% | $1,600 |
| Williamson County | County | 0.3694% | $1,500 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $406 |
| Williamson County FM/Rd | County | 0.0443% | $180 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $8,423 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $410,265 would pay approximately $2,561 per month (principal and interest only, excluding taxes and insurance).