Date
Details
Price
Change
Source
10/02/2025
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/21
$2,300,000
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Property Description
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.
Full Property Details
Full Property Details for 1501 FM487
General
- Price: $2,300,000
- Taxes: $5,529 (2025)
- Status: Active
- Type: Farm Single-Family
- Source: Austin_MLS
- MLS ID: 6965095
- Updated: 3/25/2026
- Added to Site: 265 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Double Vanity, Granite Counters, High Ceilings, Main Level Primary, Open Floorplan, Pantry
- Appliances: Built-In Electric Oven, Cooktop, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Water Softener Owned
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Other Rooms
- Laundry: Laundry Room, Electric Dryer Hookup
Additional Information
- Shared Amenities: None
- Security/Safety: Security System, Smoke Detector(s)
Exterior
- Exterior Features: None
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Total Spaces: 4
- Parking Features: Additional Parking, Attached
Location
- Area: JA
- County: Williamson
- Subdivision: n/a
- Driving 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.
- Direction Faces: East
School Information
- Elem School District: Jarrell ISD
- Midd School District: Jarrell ISD
- High School District: Jarrell ISD
- Elementary School: Jarrell
- Middle School: Jarrell
- High School: Jarrell
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Phone Available, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Brick, Masonry, Concrete, Spray Foam Insulation
- Roof: Asphalt
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 4,499
- Sq. Ft. Source: Public Records
- Living Area: 4,499 Sq. Ft.
- Year Built: 2012
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: Barn(s)
Lot Features
- Property View: City, Pasture
- Lot Size (Acres): 25
- Lot Size (Sq. Ft.): 1,089,000
- Fence: Yes
- Lot Features: Agricultural
- Fencing (Description): Perimeter
Horse Property
- Horse Property: Yes
- Horse Facility Desc.: Hay Storage, Pasture
Financial Considerations
- Assessment Amount: $327,276
- Tax Amount: $5,529.32
- Tax Year: 2025
- Terms: Cash, Conventional, FHA, Texas Vet, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: Aerial
- Legal Description: AW0391 LILE, R. SUR., ACRES 25.0
- Disclosures/Reports: Seller Disclosure
- Property ID: 11039100000025E
- Lot Number: 25 acres
Listed by Compass RE Texas, LLC.
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Listing agent
— 1501 FM487 —
Compass RE Texas, LLC.
(214) 814-8100
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1501 FM487
School District:Jarrell Independent School District
| Name | Grades | Distance |
|---|---|---|
Jarrell Middle School 101 East Avenue F, Jarrell, TX 76537 | 6-8 | 1.3 mi |
Jarrell High School 1100 W Fm 487, Jarrell, TX 76537 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 FM487
Estimate the Cost
Estimate the Cost for 1501 FM487
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Want to learn more about 1501 Fm-487? Do you have questions about finding other Farm Single-Family real estate for sale in Jarrell? You can browse all Jarrell real estate or contact a Coldwell Banker agent to request more information.