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#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024Loading
Uncover a rare investment opportunity at 150 W FM 487 in the rapidly expanding Jarrell area. This expansive 2.81 acre property sits within the Jarrell ETJ and offers the ultimate flexibility with no zoning. Whether you are looking for a small business location, a multi-use compound, or a property with expansion potential, this site provides a versatile canvas for your vision. The property is strategically located near IH 35 and downtown Jarrell, ensuring easy access and high visibility. It is currently improved with a flexible structure previously utilized as a church, residence, and office. Modern infrastructure is already in place with Fiber First internet onsite. Utilities include Jarrell Schwertner water (via a shared meter) and unregulated electric service, allowing you to choose your own provider. With its prime location and No zoning, this property is built for growth and opportunity. Please be advised that the BUYER is responsible for confirming all information.
Property Type
Commercial Sale
Year Built
1994
Lot Size
2.82 acres
Garage
50 spaces
Listed by Keller Williams Realty Lone St
Property Details
Flooring
Construction
Foundation
Parking
Verified property facts
150 W Fm 487 is listed at $700,000 with 0 bedrooms, 2.82-acre lot. This places it above the 76537 median of $286,290.
150 W Fm 487 is a Commercial Sale built in 1994 featuring 0 bedrooms, 2.82-acre lot.
150 W Fm 487 is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 150 W Fm 487 is $12,241. 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.
With 20% down ($140,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 150 W Fm 487 is around $4,652 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
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 | — | $734,602 | $685,022 | $49,580 |
20% ($140K)
$700,000
Luxury property intelligence
A sourced read on None pricing, timing, and property scale. No automated valuation claim.
List price
$700,000
Price per sqft
Not available
Vs. None median
Not available
Days on market
342 days
Original to current
$99K reduction
$799K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 1, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
At $700,000, 150 W Fm 487 is in the None market where there are currently 235 active listings in 76537.
150 W Fm 487 was built in 1994 (32 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.
1 event on record
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $734,602 | $685,022 | $49,580 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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