About This Home

Welcome to 300 Magan Ln in the lovely Hometown Place in Jarrell. A spacious 3 bed and 2 bath house with a front office this home sits against undeveloped land with no back neighbors. Along with no back neighbors, this back yard boasts a $25,000 upgrade with full length cement patio and a gazebo for back yard relaxation and full entertainment of guests. This open concept home will sure to please along with stainless steal appliance in the kitchen and a kitchen bar. Granite throughout the kitchen and even the bathroom countertops. The master bathroom spreads out with a walk in shower and a soaking tub. Freshly painted on the inside (even in the garage), elegance in floor tile, large laundry room, open floorplan, relaxation in the backyard, and bright Texas stars, this house has everything you need and more.

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

300 Magan Ln, Jarrell, TX 76537

Open in Google Maps ↗ Get Directions ↗

Property Details

Price $348,900

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 2,002 sqft

Lot Size 0.19 acres (8,450.64 sqft)

Year Built 2017

Garage 2 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Home Place/Jarrell

County Williamson

Zip Code 76537

$/sqft $174/sqft

Days on Market ,

HOA $10/Monthly

Annual Tax Est. $7,462.3

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT217932857

List Date February 9, 2026

Elementary School Jarrell

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.

Schedule a Call →

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 · February 9, 2026 $365,000

Previous ask $349,500

Current ask $348,900

▼ Reduced $16,100 (-4.4%) 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

329 Jake Dr
Home Place/Jarrell 2nd Minor $355,000 $153 4 bd / 3 ba 2,316 sqft , 2025-11-04

1105 2nd St
Jarrell Town $335,000 $192 4 bd / 2 ba 1,744 sqft , 2026-06-16

521 Seabiscuit Dr
CALUMET $334,900 $172 4 bd / 3 ba 1,949 sqft , 2026-09-11

236 Blue Agate Ct
Balcones Flats $329,900 $164 3 bd / 3 ba 2,011 sqft , 2026-03-06

120 Blue Agate Ct
Balcones Flats $329,500 $164 4 bd / 3 ba 2,011 sqft , 2026-09-03

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

$1,675/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

$69,780

20% conventional investment loan

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

Estimated Gross Rent+$1,675

Principal + Interest−$1,904

Property Tax (~2.1% TX avg)−$611

Insurance (~0.5%)−$145

Est. Monthly Cash Flow $-985

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 24, 2026.

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

300 Magan Ln