Active Listing  ·  204 days on market

470 Major Lee Ln

Jarrell, TX 76537
$220,000
3 Bed 3 Bath 2,360 sqft $93/sqft Built 2018 2-Car Garage Pool Sonterra

ATTENTION VETERANS: 2.2% VA ASSUMABLE LOAN OPPORTUNITY—SUBJECT TO LENDER APPROVAL AND BUYER QUALIFICATION!

Welcome to 470 Major Lee Rd, where a bright, open layout meets a private backyard backing to greenspace with no rear neighbors. The carpet-free main floor offers easy maintenance, while abundant natural light makes the home feel welcoming throughout.

The kitchen features granite countertops, an eat-up bar, and a center island with extra cabinet storage, keeping everything within reach for everyday meals and entertaining. A dedicated downstairs office provides space for working from home, studying, or flexible use.

Upstairs, a spacious game room offers room to gather, play, or unwind alongside the secondary bedrooms and conveniently located laundry room. The primary suite includes a walk-in closet and a bathroom with a walk-in shower and soaking tub.

Enjoy quiet evenings in the backyard, weekends at the neighborhood pool and playground, and convenient access to Costco, Lowe’s, and the shopping, dining, and entertainment at Wolf Ranch Town Center in Georgetown.

Schedule your showing and ask for details about the 2.2% VA loan assumption opportunity!

At $93/sqft, this home is 50% 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

470 Major Lee Ln, Jarrell, TX 76537

Property Details

Price $220,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 2,360 sqft
Lot Size ,
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Sonterra
County Williamson
Zip Code 76537
$/sqft $93/sqft
Days on Market ,
HOA $445/Annually
Annual Tax Est. $6,852.67
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT221323537
List Date March 12, 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.

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 · March 12, 2026 $275,000
Previous ask $215,000
Current ask $220,000
▼ Reduced $55,000 (-20.0%) 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
212 Hyacinth Way
Sonterra West
$225,000 $146 3 bd / 2 ba 1,536 sqft , 2026-08-05
109 Akston Ct
Schwertner Ranch Ph Ii
$227,100 $146 3 bd / 2 ba 1,553 sqft , 2026-09-11
444 Druse Ln
Sonterra West Ph 2A-1 Sec 7
$228,000 $140 3 bd / 2 ba 1,625 sqft , 2025-08-27
276 Circle Way #26E
SONTERRA I CONDOS
$230,000 $102 4 bd / 3 ba 2,248 sqft , 2026-07-17
417 Greatest Gift Way
Bailey Park Ph 1
$236,999 $128 3 bd / 3 ba 1,858 sqft , 2026-07-10

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
$1,056/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
$44,000
20% conventional investment loan

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

Estimated Gross Rent+$1,056
Principal + Interest−$1,201
Property Tax (~2.1% TX avg)−$385
Insurance (~0.5%)−$92
Est. Monthly Cash Flow $-622

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 29, 2026.

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