Expired Ranch MLS# 6965095

1501 Fm-487

Jarrell, TX 76537

$2,300,000

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Listing Office

Officeunlock-mls-grid logoCompass RE Texas, LLC.
AgentBret Friemel

About 1501 Fm-487

25 Acres in High-Growth Corridor – Prime Development Opportunity in Williamson County. Positioned along FM 487 between Georgetown and Jarrell, this ±25-acre tract sits directly in the path of North Austin’s continued expansion, offering a strategic opportunity for developers, builders, and land investors targeting the IH-35 growth corridor. With strong road frontage and proximity to major infrastructure, this property is ideally suited for future residential development, small-lot subdivision, build-to-rent communities, or estate-style lot development. The site benefits from its location just minutes from IH-35, providing direct access to Georgetown’s economic expansion and the broader Austin metro. The property currently includes a 2,300+ SF residence, allowing for immediate use as a rental, homestead, or operational base while entitlements, planning, or hold strategies are executed. Ag exemption in place (buyer to verify), offering favorable holding costs during development planning. Located within Jarrell ISD and outside city limits (ETJ), the tract presents flexibility for future development scenarios. Surrounding area activity and northward population growth continue to drive demand for new housing supply, positioning this asset for long-term upside.

Property details

Property

Type
Single Family Residence
MLS type
Farm
Status
Expired
Year built
2012
Stories
One
Living area
4,499 sqft
Price / sqft
$511
Lot
25 AC / 1,089,000 SF
Full baths
3
Original price
$2,300,000
MLS #
6965095

Interior

Features
Ceiling-High, Granite Counters, Double Vanity, Open Floorplan, Pantry, Primary Bedroom on Main
Appliances
Built-In Electric Oven, Cooktop, Disposal, Electric Cooktop, Microwave, Electric Water Heater, Water Softener Owned
Flooring
Tile
Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air, Electric
Laundry
Laundry Room
Windows
Double Pane Windows

Exterior & lot

Roof
Asphalt
Foundation
Slab
Lot
Agricultural
Patio & porch
Covered, Patio
Fence
Perimeter
View
Pasture, Skyline
Parking
Additional Parking, Attached
Garage spaces
2

Schools

District
Jarrell ISD
Elementary
Jarrell
Middle
Jarrell
High
Jarrell

Utilities

Utilities
Cable Available, Electricity Connected, Phone Available, Water Connected
Water
Public
Sewer
Septic Tank
Security
Security System, Smoke Detector(s)

Financial

Annual tax
$5,529
Tax year
2025
Parcel
11039100000025E
Legal
AW0391 LILE, R. SUR., ACRES 25.0
Special conditions
Standard

Location

County
Williamson
Directions
From Austin, Take exit 275 onto N I-35 Frontage Rd. Turn Right onto W Avenue L. Property will be 1.5 miles down on the left.
Neighborhood
n/a

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.