About This Home

Great Home. Brick on 3 sides, New Vinyl Plank flooring in living, kitchen, formal dining and utility room. Carpet in bedrooms is 1 year old. Paint in and out is also 1 year old. Shingles replaced 1 year ago. Backyard backs to green space.

At $108/sqft, this home is 40% below the Jarrell active market average of $181/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

245 Shale Dr, Jarrell, TX 76537

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Property Details

Price $175,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,622 sqft

Lot Size 0.15 acres (6,359.76 sqft)

Year Built 2006

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Sonterra West Ph 1b

County Williamson

Zip Code 76537

$/sqft $108/sqft

Days on Market ,

HOA $21/Monthly

Annual Tax Est. $5,700

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT240677465

List Date July 21, 2026

Elementary School Jarrell

Middle School Jarrell

High School Jarrell

School District Jarrell ISD

School District

Jarrell ISD

Jarrell · Jarrell · Jarrell

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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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 · July 21, 2026 $229,500

Previous ask $189,500

Current ask $175,000

▼ Reduced $54,500 (-23.7%) 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

124 Peony Ln
Sonterra $177,000 $146 3 bd / 2 ba 1,211 sqft , 2026-05-15

304 Moonstone Dr
Sonterra West Sec 8a Ph 01 $177,000 $160 3 bd / 2 ba 1,107 sqft , 2026-11-09

209 Azurite Dr
Sonterra West Sec 8-C $179,900 $125 3 bd / 3 ba 1,438 sqft , 2026-11-02

672 Bailey Park Dr
Bailey Park Ph 1 $180,000 $147 3 bd / 2 ba 1,228 sqft , 2026-09-15

456 Major Lee Ln #17H
Sonterra $169,000 $100 3 bd / 3 ba 1,698 sqft , 2026-07-23

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

$840/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

$35,000

20% conventional investment loan

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

Estimated Gross Rent+$840

Principal + Interest−$955

Property Tax (assumed ~2.1%)−$306

Insurance (assumed ~0.5%)−$73

Est. Monthly Cash Flow $-494

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 · 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 23, 2026.

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

245 Shale Dr

Location

Property Details

How This Ask Has Moved

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Jarrell, TX

More Luxury Homes in Jarrell

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