
3 bed, 2 bath, 1,949 sqft on 18.50 acres in Jarrell. Jarrell, TX 76537. $990,000. Jarrell ISD.
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!
This 18.497-acre property in Jarrell ISD offers genuine working space for anyone serious about horses, livestock, or agricultural pursuits. The 1,949 square foot stone home built in 1984 sits on fully fenced and level land, with an electric gate controlling access and a cleared pasture ready for animals.
The functional infrastructure starts with a metal workshop and greenhouse on the property, giving you dedicated space for equipment maintenance and plant propagation during cold months. These aren't decorative additions - they're built for actual use. The raised garden beds in the backyard already produce vegetables, and the mature trees and moderate growth on the cleared acreage provide natural shade and windbreaks for both house and future paddocks.
The home itself centers on a family room anchored by a wood burning fireplace, with the kitchen directly adjacent to the dining area. A bright, oversized laundry room handles the heavy washing loads that come with ranch life. Three bedrooms and two full bathrooms give you guest space without sacrificing functionality. The home includes high-speed internet and ceiling fans throughout, with covered porches and decking on multiple sides - front, rear, and side access all factor in when you're moving between barn work and the main house during the day.
For actual equestrian needs, the 18.497 acres on level terrain provides room for pasture rotation, paddocks, and future improvements. The property is already fenced with an electric gate system managing entry and exit. You have open land for arenas, shelters, or additional structures as your program grows.
Location-wise, 120 Rae Lane sits in Jarrell, Williamson County, with Jarrell ISD serving the property. The position offers rural land access without complete isolation - Jarrell has become increasingly attractive to Austin-area residents seeking acreage without the commute burden of further Hill Country properties.
At $508 per square foot for the improved structure on 18.497 acres, this pricing reflects the actual utility of the land rather than inflated acreage premiums. The 19-day market time suggests strong local interest from buyers who recognize working property fundamentals.
This is land and a house built for animals and hobbies that require space.
Verified property facts
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 $286,290 (ZIP 76537 geography · single-family closed sales · median sale price · trailing 12 months as of Sep 30, 2026).
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.
120 Rae LN is a Farm built in 1984 featuring 3 bedrooms, 2 full bathrooms, 1,949 square feet, 18.50-acre lot.
120 Rae LN is listed by Century 21 Premier Realtors. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Oct 1, 2026.
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.
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1 record on file
Every recorded listing, sale, and lease at 120 Rae LN, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+2.3% | — | $485,209 | $266,174 | $219,035 |
2025 | — | $474,212 | $252,963 | $227,394 |

Jarrell ISD
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.
20% ($198K)
Adjustable assumption - not a lending recommendation.
$990,000
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List price
$990,000
Price per sqft
$508/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
139 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 1, 2026.
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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.
As of Oct 1, 2026, 120 Rae LN is offered at $990,000. The current MLS snapshot shows 324 active listings in 76537.
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.
2 events on record
Current Price
$990,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+2.3% | — | $485,209 | $266,174 | $219,035 |
2025 | — | $474,212 | $252,963 | $227,394 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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