Active Listing  ·  170 days on market

400 Blue Shale Dr

Jarrell, TX 76537
$198,000
3 Bed 2 Bath 1,107 sqft $179/sqft Built 2007 0.12 acres 2-Car Garage Pool Sonterra West Sec 8A Ph 01

Well-maintained 3 bedroom, 2 bath home located in the desirable Sonterra subdivision. This property offers an excellent investment opportunity with a lease already in place, providing immediate rental income for the new owner. Functional layout, open floor plan, and a great location make this home an attractive addition to any investment portfolio. Tenant occupied — perfect for investors seeking a turnkey rental property with established occupancy. Don’t miss the chance to own in this growing community! There is a tenant lease in place until June 2027. Please email the listing agent with any questions and for lease details.

At $179/sqft, this home is priced in line with the Jarrell market average of $181/sqft across 321 active listings. View Austin market report →

Location

400 Blue Shale Dr, Jarrell, TX 76537

Property Details

Price $198,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,107 sqft
Lot Size 0.12 acres (5,039.89 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sonterra West Sec 8A Ph 01
County Williamson
Zip Code 76537
$/sqft $179/sqft
Days on Market ,
HOA $240/Annually
Annual Tax Est. $4,777.54
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT231471077
List Date May 26, 2026
Elementary School Jarrell
Middle School Jarrell
High School Jarrell
School District Jarrell ISD

Jarrell ISD

Jarrell · 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
116 Soapstone Dr
Sonterra West Sec 8C
$199,000 $175 3 bd / 2 ba 1,138 sqft , 2026-07-08
1013 Woodward Ct
Sonterra 2 Condos
$199,000 $135 3 bd / 3 ba 1,477 sqft , 2026-09-14
204 Denson Ln #26C
Sonterra Ii Condos Ph Ii
$199,990 $136 3 bd / 3 ba 1,466 sqft , 2026-07-30
791 Circle Way
Sonterra
$200,000 $150 3 bd / 2 ba 1,334 sqft , 2026-05-11
224 Copper Ln
Sonterra
$200,000 $181 3 bd / 2 ba 1,107 sqft , 2026-08-19

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
$950/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.45%
NOI after 40% vacancy + expenses
Down Payment
$39,600
20% conventional investment loan

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

Estimated Gross Rent+$950
Principal + Interest−$1,081
Property Tax (assumed ~2.1%)−$347
Insurance (assumed ~0.5%)−$83
Est. Monthly Cash Flow $-561

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 May 29, 2026.

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

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