Active Listing  ·  7 days on market

104 Katie Elder Dr

Jarrell, TX 76537
$249,000
3 Bed 2 Bath 1,229 sqft $203/sqft Built 2023 0.11 acres 2-Car Garage Pool Rio Lobo Ph 2

Discover effortless style and modern comfort in this beautifully appointed 2023-built home in Rio Lobo. Offering 3 bedrooms, 2 bathrooms, and 1,229 square feet of thoughtfully designed living space, this inviting residence features a light, airy aesthetic, sophisticated neutral finishes, and an attractive stone exterior. The stylish kitchen showcases granite countertops, crisp white cabinetry, stainless steel appliances, and a timeless subway tile backsplash. An efficient, well-designed floor plan maximizes both comfort and functionality, while covered front and rear porches provide inviting spaces for outdoor relaxation. Blending contemporary elegance with everyday convenience, this move-in-ready home offers an exceptional opportunity to enjoy modern living in Jarrell.

At $203/sqft, this home is priced 12% above the Jarrell active market average of $181/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

104 Katie Elder Dr, Jarrell, TX 76537

Property Details

Price $249,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,229 sqft
Lot Size 0.11 acres (4,756.75 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Rio Lobo Ph 2
County Williamson
Zip Code 76537
$/sqft $203/sqft
Days on Market ,
HOA $300/Annually
Annual Tax Est. $6,075
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT251741141
List Date November 5, 2026
Elementary School Jarrell
Middle School Jarrell
High School Jarrell
School District Jarrell ISD

Jarrell ISD

Jarrell · Jarrell · Jarrell

Luke Allen (TREC #788149) has deep knowledge of Jarrell and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Jarrell

Comparable Listings Right Now

Homes currently for sale in Jarrell with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
444 Uncle Billy Way
Bailey Park Ph 4
$249,000 $167 3 bd / 2 ba 1,491 sqft , 2026-10-09
612 Circle Way
SONTERRA
$250,000 $174 3 bd / 2 ba 1,437 sqft , 2026-11-09
132 Wyatt Way
Schwertner Ranch
$251,935 $218 3 bd / 2 ba 1,156 sqft , 2026-07-18
125 Guardian Angel Ct
Sonterra
$245,000 $152 3 bd / 3 ba 1,616 sqft , 2026-08-25
112 The Bad Way
Eastwood Sec 8
$245,000 $149 4 bd / 2 ba 1,649 sqft , 2026-10-21

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$1,195/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$49,800
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$1,195
Principal + Interest−$1,359
Property Tax (assumed ~2.1%)−$436
Insurance (assumed ~0.5%)−$104
Est. Monthly Cash Flow $-704

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Jarrell, TX

Jarrell sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 6, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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