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Keenan Group#1 Austin Board of Realtors Team 2024

$990,000

3Beds
2Baths
1,949Sq Ft
18.50 acresLot

120 Rae Ln, Jarrell, TX 76537

Jarrell·MLS# 7713056·Built 1984·159 days on market

3 bed, 2 bath, 1,949 sqft on 18.50 acres in Jarrell. Jarrell, TX 76537. $990,000. Jarrell ISD.

About This Home

Tired of the city life? Try stretching your legs on this beautiful piece of property. It's 18.497 acres of green grass, a lovely home, and a workshop (or a man cave, quilt barn or whatever you choose). This home boasts 1949 sq. ft with 3BR and 2BA. Washday blues are made easier in the bright large laundry room! There is even a Laundry line in the backyard to hang out your clothes if you choose. The huge wood burning fireplace in the spacious Family room will create an ambiance that your family and friends will enjoy. The dining area is next to the kitchen. You can cook or bake while visiting with friends. The large patio and deck are a second entertaining spot in this home. The raised garden beds in the backyard are now producing vegetables. The green house next to the metal workshop will be good for your plants during the cold months. This property is fully fenced with an electric gate. Call your favorite realtor today to see this property. Your family, children, and pets will approve!

Property Type
Farm
Year Built
1984
Lot Size
18.50 acres
Price / Sq Ft
$508
Garage
2 spaces

Listing information last updated May 28, 2026.

Listed by Century 21 Premier Realtors

MLS# 7713056 • Active

IDX inquiries: Keenan Group at Compass · (512) 415-7653

Highlights

2-car garage with additional parking capacity
Generous 18.50-acre lot
Ceiling Fan(s)
High Speed Internet
Pantry
Dishwasher

Facts & Features

Interior

Features

  • Ceiling Fan(s)
  • High Speed Internet
  • Pantry

Appliances

  • Dishwasher

Flooring

  • Wood
Heating
Central,Electric
Cooling
Ceiling Fan(s),Central Air,Electric
Fireplaces
1
Exterior & Lot

Features

  • Garden
  • Private Entrance
  • Private Yard

Construction

  • Stone

Lot Features

  • Agricultural
  • Back Yard
  • Cleared
  • Farm
  • Garden
  • Level
  • Open Lot
  • Orchard(s)
  • Trees-Moderate

Fencing

  • Barbed Wire
  • Gate

Foundation

  • Slab

Patio / Porch

  • Covered
  • Deck
  • Front Porch
  • Porch
  • Rear Porch
Roof
Composition,Shingle
Lot Size
18.50 Acres

Parking

  • Additional Parking
  • Driveway
  • Electric Gate
  • Garage
  • Garage Door Opener
  • Garage Faces Side
Garage Spaces
2
Financial
Original List Price
$990,000
Price per Sq Ft
$508
Utilities
  • Cable Available
  • Electricity Connected
  • Water Connected
Water Source
MUD,Public
Sewer
Septic Tank

Transaction History

1 record on file

Every recorded listing, sale, and lease at 120 Rae LN, whoever represented it.

  1. ActiveListed 2026
    Current price: $990,000Original list: $990,000MLS 7713056
    1. Listed · May 15, 2026$990,000

Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.

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Price & Listing History

Listing timeline with current price, original ask, and market time.

View Timeline
Current list
$990,000
Original list
$990,000
Price movement
No verified reduction
Listed / DOM
May 15, 2026 · 159 days

Tax Record

Public record data from county appraisal records. Market value can differ from assessed value.

Assessed Value
$474,212
Assessment Year
2025
Parcel ID
R-11-0384-0000-0066
$485K
$474K
$474,212
2025
$485,209
+2.3% from prev
2026
YearTaxesTotal AssessmentLandAdditions
2026+2.3%
—$485,209$266,174$219,035
2025
—$474,212$252,963$227,394
5-Year Change2.3%

Virtual Tour

Virtual tour of 120 Rae Ln
Map showing 120 Rae LN
120 Rae LN
Directions

Zoned Schools

Jarrell ISD

1 High School1 Middle School1 Elementary School

Jarrell

High SchoolGrades 9-12Zoned assignment

Jarrell

Middle SchoolGrades 6-8Zoned assignment

Jarrell

ElementaryGrades K-5Zoned assignment

Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.

Principal & interest
$5,484

Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.

20% ($198K)

Adjustable assumption - not a lending recommendation.

$990,000

Loan: $792K
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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Keenan Market Position

A sourced read on Jarrell pricing, timing, and property scale. No automated valuation claim.

List price

$990,000

Price per sqft

$508/sqft

Vs. Neighborhood guide reference price

Not available

Days on market

159 days

Original to current

No verified reduction

$990K original

Active inventory context

Ask for current inventory

Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.

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Verified property facts

Frequently Asked Questions

How much is 120 Rae Ln?

120 Rae Ln is listed at $990,000 with 3 bedrooms, 2 full bathrooms, 1,949 square feet, 18.50-acre lot. This places it above the ZIP 76537 single-family closed-sale median price of $259,900 (ZIP 76537 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 21, 2026).

What school district is 120 Rae Ln in?

120 Rae Ln is zoned for Jarrell ISD with assigned schools: Jarrell (elementary), Jarrell (middle), Jarrell (high). School assignments should be verified directly with the district.

What are the property details for 120 Rae Ln?

120 Rae Ln is a Farm built in 1984 featuring 3 bedrooms, 2 full bathrooms, 1,949 square feet, 18.50-acre lot.

What are the property taxes for 120 Rae Ln?

The most recent annual property tax for 120 Rae Ln is $8,155. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.

How should a buyer estimate the monthly payment for 120 Rae Ln?

This page does not assume a mortgage rate or publish a monthly payment for 120 Rae Ln. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 120 Rae Ln compare with other homes in Jarrell?

As of Oct 16, 2026, 120 Rae Ln is offered at $990,000. The current MLS snapshot shows 308 active listings in 76537.

When was 120 Rae Ln built?

120 Rae Ln was built in 1984 (42 years ago). Buyers should budget for potential updates to major systems.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Jarrell

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

25+ years advising buyers and sellers in this community

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Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 8:07:16 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 8:07:16 PM

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