Active Listing  ·  19 days on market

228 Citation Dr

Jarrell, TX 76537
$309,998
5 Bed 2 Bath 1,820 sqft $170/sqft Built 2023 0.14 acres 2-Car Garage Pool Calumet

This property boasts an open floor plan with a modern kitchen that flows seamlessly into the living and dining areas, creating a warm and inviting space for entertaining or relaxing. The five generously sized bedrooms provide flexibility for use as guest rooms, a home office, or even a fitness area. The primary suite features ample natural light, 2 walk-in closets, and an ensuite bathroom for added privacy and comfort. Situated in a neighborhood with low taxes, this home provides significant savings - making it a smart financial choice. Located in Jarrell, a city experiencing rapid growth and development, you'll enjoy the convenience of nearby amenities, new businesses, parks, and excellent schools, all while benefiting from a friendly, small-town atmosphere.

At $170/sqft, this home is 9% 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

228 Citation Dr, Jarrell, TX 76537

Property Details

Price $309,998
Status Active Listing
Beds 5
Full Baths 2
Half Baths ,
Living Area 1,820 sqft
Lot Size 0.14 acres (6,098.4 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Calumet
County Williamson
Zip Code 76537
$/sqft $170/sqft
Days on Market ,
HOA $25/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246699192
List Date September 13, 2026
Elementary School Jarrell
Middle School Jarrell
High School Jarrell
School District ,

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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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · September 13, 2026 $319,997
Current ask $309,998
▼ Reduced $9,999 (-3.1%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
200 Seattle Slew Dr
Calumet
$314,990 $150 5 bd / 3 ba 2,100 sqft , 2026-08-28
204 Seattle Slew Dr
Calumet
$319,990 $154 4 bd / 2 ba 2,080 sqft , 2026-07-10
236 Bauxite Dr
Sonterra West Ph 06
$299,999 $160 4 bd / 2 ba 1,872 sqft , 2026-06-19
120 Blue Agate Ct
Balcones Flats
$329,500 $164 4 bd / 3 ba 2,011 sqft , 2026-09-03
521 Seabiscuit Dr
CALUMET
$334,900 $172 4 bd / 3 ba 1,949 sqft , 2026-09-11

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
$1,488/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
$62,000
20% conventional investment loan

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

Estimated Gross Rent+$1,488
Principal + Interest−$1,692
Property Tax (~2.1% TX avg)−$542
Insurance (~0.5%)−$129
Est. Monthly Cash Flow $-875

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 · 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 28, 2026.

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