Active Listing  ·  29 days on market

108 Paradise Canyon Dr

Jarrell, TX 76537
$255,900
3 Bed 2 Bath 1,305 sqft $196/sqft Built 2024 0.16 acres 2-Car Garage Pool New Construction Cool Water Ph 2

The Chestnut plan is where style and functionality come together to create the best home for you and your household. With three bedrooms, two bathrooms, an open-concept layout, and an upgraded kitchen, the Chestnut has everything you could need and more! The expansive family room connects to the dining area and kitchen, creating a convenient layout for hosting and every day living. As soon as you drive up to the Chestnut, you will fall in love!

At $196/sqft, this home is priced 8% 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

108 Paradise Canyon Dr, Jarrell, TX 76537

Property Details

Price $255,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,305 sqft
Lot Size 0.16 acres (6,947.82 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Cool Water Ph 2
County Williamson
Zip Code 76537
$/sqft $196/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT212561998
List Date October 14, 2026
Elementary School Igo Elementary
Middle School Jarrell
High School Jarrell
School District Jarrell ISD

Jarrell ISD

Igo Elementary · 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
243 Kellys Heroes Way
Eastwood at Sonterra
$255,000 $167 4 bd / 2 ba 1,531 sqft , 2026-04-06
133 Hatari Trl
Cool Water
$254,990 $170 3 bd / 2 ba 1,501 sqft , 2025-07-16
109 Wyatt Way
Schwertner Ranch
$254,615 $220 3 bd / 2 ba 1,156 sqft , 2025-09-25
224 Flying Tiger Trl
Cool Water
$258,145 $150 4 bd / 3 ba 1,719 sqft , 2026-04-24
380 Old Stagecoach Rd
Cool Water
$252,195 $147 4 bd / 3 ba 1,719 sqft , 2026-07-13

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
$1,228/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
$51,180
20% conventional investment loan

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

Estimated Gross Rent+$1,228
Principal + Interest−$1,397
Property Tax (assumed ~2.1%)−$448
Insurance (assumed ~0.5%)−$107
Est. Monthly Cash Flow $-724

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 October 16, 2026.

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

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