
— bed, — bath on 30.00 acres in Jarrell. Jarrell, TX 76537. $3,600,000. Jarrell ISD.
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.
Verified property facts
1951 Fm-487 is listed at $3,600,000 with 0 bedrooms, 30.00-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).
1951 Fm-487 is zoned for Jarrell ISD with assigned schools: Jarrell (elementary), Jarrell (middle), Jarrell (high). School assignments should be verified directly with the district.
1951 Fm-487 is listed by MODUS Real Estate. 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.
This page does not assume a mortgage rate or publish a monthly payment for 1951 Fm-487. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
1 record on file
Every recorded listing, sale, and lease at 1951 Fm-487, 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+0.0% | — | $20,348,521 | $1,348,521 | $19,000,000 |
2025 | — | $20,348,521 | $1,348,521 | $19,000,000 |

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% ($720K)
Adjustable assumption - not a lending recommendation.
$3,600,000
Luxury property intelligence
A sourced read on Jarrell pricing, timing, and property scale. No automated valuation claim.
List price
$3,600,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
28 days
Original to current
No verified reduction
$3.6M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 1, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
As of Oct 1, 2026, 1951 Fm-487 is offered at $3,600,000. The current MLS snapshot shows 324 active listings in 76537.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Car-Dependent
N/A
Somewhat Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
2 events on record
Current Price
$3,600,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026+0.0% | — | $20,348,521 | $1,348,521 |
| $19,000,000 |
2025 | — | $20,348,521 | $1,348,521 | $19,000,000 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Recent sales for market context