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Verified property facts
900 Fm 487 is listed at $10,500,000 with 0 bedrooms, 114.07-acre lot. This places it above the 76537 median of $286,290.
900 Fm 487 is zoned for Jarrell ISD with assigned schools: Double Creek (elementary), Jarrell (middle), Jarrell (high). School assignments should be verified directly with the district.
900 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 900 Fm 487 is $4,648. 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 ($2,100,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 900 Fm 487 is around $54,870 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.
Listing timeline with current price, original ask, and market time.
The property contains a 1,713 SF house with a 540 SF attached garage. House constructed around 1979. Several corrugated sheet metal livestock/hay barns are located north of the house. Improvements sold “As-Is” and represented to have minimal overall value. The property consists primarily of cropland with areas of moderate tree cover. There is one stock pond on the property which provides water for livestock. Topography and elevation are very conducive to many uses.
Property Type
Land
Lot Size
114.07 acres
Listed by TexAg Real Estate Services, In
Property Details
Lot Features
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $29,380 | $3,661,724 | $600 |
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. Ratings from GreatSchools.org.
20% ($2.1M)
$10,500,000
Luxury property intelligence
A sourced read on pricing, timing, and property scale. No automated valuation claim.
List price
$10,500,000
Price per sqft
Not available
Vs. neighborhood median
Not available
Days on market
175 days
Original to current
No verified reduction
$10.5M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of May 11, 2026.
Request Private Market Analysis900 Fm 487 sits on a 114.07-acre lot, providing substantial outdoor living space. Properties of this scale in Austin's luxury market typically feature pool areas, outdoor kitchens, and mature landscaping. Confirm specific amenities with the listing agent.
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.
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 | — | $29,380 | $3,661,724 | $600 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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