About This Home

Welcome home to the three-bedroom, two-bathroom Hawthorne plan at Cool Water at Sonterra! An inviting front porch welcomes you inside to discover all that this impressive home has to offer. An open, spacious layout with an expansive family room and a chef-ready kitchen set the stage for an abundance of family time or hanging out with friends. Three bedrooms, including the private master suite, provide the space you need for your household or hobbies. The Hawthorne has everything you’re looking for!

At $174/sqft, this home is 6% below the Jarrell active market average of $186/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

120 Morrison Dr, Jarrell, TX 76537

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Property Details

Price $274,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,580 sqft

Lot Size 0.11 acres (4,595.58 sqft)

Year Built 2023

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Cool Water Ph 2

County Williamson

Zip Code 76537

$/sqft $174/sqft

Days on Market ,

HOA $240/Annually

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT212567537

List Date August 7, 2026

Elementary School Igo Elementary

Middle School Jarrell

High School Jarrell

School District ,

Have Questions About This Property?

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

169 Green Berets Bnd
Sonterra $276,234 $136 4 bd / 3 ba 2,035 sqft , 2026-09-03

152 Wyatt Way
Schwertner Ranch $271,060 $184 3 bd / 3 ba 1,470 sqft , 2026-09-20

124 Rearden Blvd
schwertner ranch $270,000 $188 4 bd / 2 ba 1,436 sqft , 2025-05-05

237 Escape Way
Eastwood at Sonterra $269,990 $150 3 bd / 3 ba 1,805 sqft , 2026-05-13

260 Firefox Way
Eastwood at Sonterra $269,990 $170 4 bd / 2 ba 1,587 sqft , 2026-06-26

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

$1,320/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

$54,980

20% conventional investment loan

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

Estimated Gross Rent+$1,320

Principal + Interest−$1,500

Property Tax (~2.1% TX avg)−$481

Insurance (~0.5%)−$115

Est. Monthly Cash Flow $-776

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

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 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. This page was last updated on September 10, 2026.

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

120 Morrison Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Jarrell, TX

More Luxury Homes in Jarrell

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