BUILD-TO-RENT DEVELOPMENT OPPORTUNITY | JARRELL, TEXAS | FM 487 Exceptional build-to-rent development opportunity along FM 487, immediately adjacent to Jarrell Middle School in rapidly growing Williamson County. Positioned within the Austin metropolitan growth corridor, the property offers strong residential development potential supported by population growth, housing demand, regional connectivity, and access to major employment centers. Jarrell is strategically located along the I-35 corridor, approximately 15 minutes north of Georgetown, 25–30 minutes from Round Rock, and 30–40 minutes from North Austin. FM 487 frontage and convenient I-35 access provide connectivity to Austin, Georgetown, Round Rock, Temple, and surrounding Central Texas communities. BTR HIGHLIGHTS • Adjacent to Jarrell Middle School • FM 487 frontage • Convenient I-35 access • Proximity to Georgetown, Round Rock & Austin • Significant surrounding residential growth • Growing population and housing demand • Family-oriented location • Potential for a professionally managed rental community • Located within Austin’s northward growth corridor A conceptual site plan illustrates potential for a purpose-built rental community featuring residential units, internal circulation, parking, landscaping, and amenity areas. Jarrell’s relative affordability, development capacity, and I-35 location provide investors an opportunity to participate in Central Texas growth at a potentially attractive land basis compared with established communities closer to Austin. DEVELOPMENT Conceptual development plan is for preliminary marketing and investment evaluation only and does not represent approved plans. Buyer and Buyer’s representatives should independently verify zoning, entitlements, utilities, water/wastewater, drainage, access, regulations, schools, acreage, dimensions, density, feasibility, and all other information with appropriate authorities and qualified professionals.
Active
$1,000
1951 E Fm 487, Jarrell, TX 76537
--beds
--baths
--sqft
Farm
Built in ----
30 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 3 days
- 193
- 5
Zillow last checked:
Listing updated:
Listed by:
Patrick Clay (512) 920-5653,
MODUS Real Estate (512) 920-5653
Source: Unlock MLS,MLS#: 9832304
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: See Remarks
- Waterfront features: None
Lot
- Size: 30 Acres
- Features: See Remarks
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: R011453
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Farm
Condition
- New construction: No
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: Smith, B. Survey
Location
- Region: Jarrell
Financial & listing details
- Tax assessed value: $217,007
- Annual tax amount: $3,696
- Date on market: 9/4/2026
- Listing terms: Cash
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
$1,817/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $1,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,696 -6.1% | $217,007 -6.9% |
| 2024 | $3,938 -4% | $233,078 -5.2% |
| 2023 | $4,102 -15.5% | $245,736 -6.7% |
| 2022 | $4,853 +66.7% | $263,426 +54.4% |
| 2021 | $2,911 +5.8% | $170,578 +10% |
| 2020 | $2,752 +9.2% | $155,071 +10% |
| 2019 | $2,519 +27.1% | $140,974 +10% |
| 2018 | $1,982 | $128,158 +10% |
| 2017 | $1,982 +14.1% | $116,507 +10% |
| 2016 | $1,737 +13% | $105,915 -14% |
| 2015 | $1,538 | $123,222 +40.8% |
| 2014 | $1,538 | $87,533 +10% |
| 2013 | -- | $79,575 +5% |
| 2012 | -- | $75,814 -3.9% |
| 2011 | -- | $78,851 -0.2% |
| 2010 | -- | $79,010 -6% |
| 2009 | -- | $84,039 +11.8% |
| 2007 | -- | $75,190 -12.8% |
| 2006 | -- | $86,232 +32.3% |
| 2005 | -- | $65,202 |
| 2004 | -- | $65,202 |
| 2003 | -- | $65,202 +2% |
| 2002 | -- | $63,907 +8.5% |
| 2001 | -- | $58,907 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 76537
Nearby schools
Schools provided by the listing agent
- Elementary: Jarrell
- Middle: Jarrell
- High: Jarrell
- District: Jarrell ISD
Source: Unlock MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.