500 MAGAN LN, JARRELL, TX 76537
JARRELL, 76537 — williamson County
Property at a Glance
This home is estimated between $372,996 and $404,063, with a best estimate of $380,126. 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
$380,126
$390,528
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 $372,996 and $404,063. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$24,849 for 148 sqft more living space and +$7,454 for being newer. Net adjustment: +$32,303.
Adjusted +$5,541 for 33 sqft more living space and +$1,863 for being newer. Net adjustment: +$7,404.
Adjusted +$21,155 for 126 sqft more living space and +$1,863 for being newer. Net adjustment: +$23,018.
Adjusted -$51,041 for 304 sqft less living space. Net adjustment: -$51,041.
Adjusted -$15,782 for 94 sqft less living space and +$7,454 for being newer. Net adjustment: -$8,328.
The Neighborhood
This home is valued 12.7% 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 +12.7% above the subdivision median.
Tax Analysis
The estimated annual property tax is $8,102 across all districts. With a homestead exemption claimed, that drops to $6,396 — saving $1,706 per year. That's $533 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% | $4,557 |
| Jarrell | City | 0.3940% | $1,539 |
| Williamson County | County | 0.3694% | $1,443 |
| Williamson County ESD #5 - Jarrell | ESD | 0.1000% | $390 |
| Williamson County FM/Rd | County | 0.0443% | $173 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.0747% | $8,102 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $380,126 would pay approximately $2,373 per month (principal and interest only, excluding taxes and insurance).