1501 E  FM 487, Jarrell, TX 76537
FOR SALE
25 ACRES

1501 E FM 487
Jarrell, TX 76537

  • 2,339 sqft (on 25 acres)

$2,300,000

Est. Mortgage $14,218/mo*

$2,300,000

Est. Mortgage $14,218/mo*
2,339 sqft
(on 25 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
$983
Listed
180+ days ago

Home Details for 1501 E FM 487

Active Status

MLS Status: Active

Interior Features

Dimensions and Layout
Living Area: 2339 Square Feet
View
No ViewView: None

Exterior Features

Exterior Home Features
Fencing: Barbed Wire, PerimeterOther Structures: Residence
Frontage
Road Frontage: County RoadNot on Waterfront
Water & Sewer
Sewer: Septic TankWater Body: None
Farm & Range
Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 174Days on Market: 180+

Property Information

Property Type / Style
Property Type: LandProperty Subtype: Unimproved Land
Property Information
Condition: ResaleParcel Number: R331182

Price & Status

Price
List Price: $2,300,000Price Per Sqft: $983
Status Change & Dates
Possession Timing: Closing & Funding, Closing

Location

Direction & Address
City: Jarrell
School Information
Elementary School District: Jarrell ISDJr High / Middle School District: Jarrell ISDHigh School District: Jarrell ISD

Agent Information

Listing Agent
Listing ID: 594281

Community

Community Features: None, Hunting

HOA

Association for this Listing: Temple Belton Board of REALTORSNo HOA

Lot Information

Lot Area: 25 Acres

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Cash, Conventional, FHA, Texas Vet, VA Loan

Miscellaneous

Mls Number: 594281Living Area Range Units: Square FeetAttribution Contact: 254-541-2410Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48491-N-R331182-R-N

Additional Information

NoneHuntingDays On Market Replication: 174
Last check for updates: about 6 hours ago
Listing courtesy of Bret Friemel, (254) 541-2410
Vista Real Estate Group-Compass RE Texas, LLC
Emilio Perales, (254) 394-6456
Vista Real Estate Group-Compass RE Texas, LLC
Originating MLS: Temple Belton Board of REALTORS
Source: Central Texas MLS, MLS#594281

Price History for 1501 E FM 487

DatePriceEventSource
10/02/2025$2,300,000Listed For SaleCentral Texas MLS #594281
07/19/2024ListingRemovedCentral Texas MLS #536471
04/15/2024$2,400,000PriceChange
Central Texas MLS #536471
03/07/2024$2,500,000Listed For SaleCentral Texas MLS #536471
01/02/2024ListingRemovedCentral Texas MLS #520265
12/12/2023$2,499,000Listed For SaleCentral Texas MLS #520265
11/21/2023ListingRemovedCentral Texas MLS #520265
10/24/2023$2,499,000PriceChange
Central Texas MLS #520265
09/08/2023$2,500,000Listed For SaleCentral Texas MLS #520265
05/14/2023ListingRemovedN/A
02/10/2023$2,500,000Listed For SaleN/A

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Property Tax and Assessment

Year2025
Tax$2,675
Assessment$1,178,700
Home facts updated by county records

Comparable Sales for 1501 E FM 487

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.59
Lot/Land
-
12/31/25
-
896
1.08
Lot/Land
-
02/26/26
-
-
2.99
Lot/Land
-
09/19/25
-
1,607
3.18
Lot/Land
-
10/17/25
-
-

Assigned Schools

These are the assigned schools for 1501 E FM 487.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Jarrell

At least 40 Trulia users voted on each feature.
  • 93 % Say car is needed

  • 93 % Say it's dog friendly

  • 92 % Say yards are well-kept

  • 88 % Say parking is easy

  • 77 % Say there's holiday spirit

  • 74 % Say people would walk alone at night

  • 73 % Say kids play outside

  • 71 % Say it's quiet

  • 58 % Say neighbors are friendly

  • 43 % Say they plan to stay for at least 5 years

  • 38 % Say there are community events

  • 33 % Say streets are well-lit

  • 21 % Say it's walkable to restaurants

  • 20 % Say there's wildlife

  • 16 % Say it's walkable to grocery stores

  • 13 % Say there are sidewalks

Learn more about our methodology.
  • Bryan
    "Great area for walking dogs. People are very welcoming to dog owners. A few parks in the area for them to run and roam. "
  • Jada Ortega
    "Walkable and lots of other dogs, but no sidewalk so that can be a con for sure especially in the Texas summers"
  • Linda Stanley
    "There is so many dogs barking all the time being left outside at night, in certain areas. There is a nice trail for walking your dog. "
  • Sbjn541
    "The yards are extremely small, not level and not well irrigated, especially with how much rain we get. This makes for muddy dog feet every time they come in. There are loose dogs ALL THE TIME. "
  • Jacob Serrao
    "Lights need work and other things need to be here. Like a movie theater or a better park. More people "
  • Bryan B
    "Very quiet neighborhoods. The people in this community are friendly and helpful. Great place to live. "
  • David Mcgrew
    "I work remote. 20 minutes to Georgetown and Round Rock and 40% less home cost. 30 minutes from Austin and 60-80% cheaper"
  • Sambalthrop16
    "Majority of all holidays, some type of event takes place. Halloween is nice! Lots of people walk the blocks. Kids always outside playing "
  • Sambalthrop16
    "People are always walking their dogs. No side walks but traffic is low. I don’t believe there is a breed restriction"
  • Steven Pepper
    "Property taxes are higher than advertised. Hoa does very little. No animal noise ordinance for thos area. No sidewalks. Cars constantly speeding through neighborhoods. No community events locally."
  • Steven Pepper
    "Hoa is horrible. No sidewalks. No loud dog ordinance. Property taxes are higher than advertised. 2.99 percent. Traffic speeds thru neighborhood. Do yourself a favor and research this area before you buy. Always having water issues. High in contaniments. I tested our tap water. It has lead and high flouride levels. Buyer beware."
  • Geraldassviesa
    "Sadly dog play area is full of fleas and would not recommend anyone to bring their dogs there. Other than that it’s nice"
  • Cmcbride1975
    "the fact that it's not in the city and its peaceful out here. our neighbors are all great, respectful and we dont have much crime, which is great!"
  • Rob W.
    "We live here and we love it! It is a very nice community with a very nice country setting. Very quiet and friendly area surrounded by a lot of professional and outgoing people. A very nice place to call home thanks to Ashley Singh. She was able to meet all of our needs and accomadate us very well in our transition to this well established community."
  • Victoria L.
    "I have worked and lived here since July 2007 the people are very nice and quite and clean and take pride in their homes and town homes/duplexes and apartments. It is growing all the time and more nice homes are being built. The water is good. The schools are great and parents are proud to be involved. It is a great area and great place to call home. Crime is very low because it is Williamson county and they don't up with crime here. Georgetown is 8 to 10 minutes from here and the toll road 130 will get you anywhere pretty quickly. The rents are very reasonable and you get a lot of space for your money. It is a nice place to call home! "
  • Brianna W.
    "I grew up here. It's very safe but not developed enough for close shopping. There are pools and different playgrounds around town for kids though."
  • Jdereese
    "Quiet living close to, but far enough away from the city to be enjoyable."
  • melvinwalker1980
    "I have lived on this street for five years, and I love this community. This is a family friendly city with alot to offer. "

LGBTQ Local Legal Protections

Bret Friemel, Vista Real Estate Group-Compass RE Texas, LLC
Agent Phone: (254) 541-2410
Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026 Central Texas MLS, All Rights Reserved.
1501 E FM 487, Jarrell, TX 76537 is a 2,339 sqft lot/land. This property is currently available for sale and was listed by Central Texas MLS on Oct 2, 2025. The MLS # for this home is MLS# 594281.