About This Home

The Pima - The first floor of this two-story home is host to a spacious open floorplan that seamlessly connects an inviting family room, elegant dining room and chef-inspired kitchen. Upstairs, there are three bedrooms, including the luxe owner’s suite, which features a restful bedroom, en-suite bathroom and generous walk-in closet. Photos are for illustrative purposes only. Estimated Completion December 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.

At $145/sqft, this home is 20% 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

520 Cleveland Ct, Jarrell, TX 76537

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Property Details

Price $196,699

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,360 sqft

Lot Size 0.10 acres (4,356 sqft)

Year Built 2026

Garage 1 spaces

Stories ,

Type Residential · Single Family Residence

Subdivision Rancho Del Cielo

County Williamson

Zip Code 76537

$/sqft $145/sqft

Days on Market ,

HOA $100/Monthly

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT246428723

List Date September 10, 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 · September 10, 2026 $196,999

Previous ask $195,949

Current ask $196,699

▼ Reduced $300 (-0.2%) 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

277 Louisa Ln
Rancho Del Cielo $196,149 $116 4 bd / 2 ba 1,692 sqft , 2026-08-12

425 Knute Rockne Way
Rancho Del Cielo $196,149 $116 4 bd / 2 ba 1,692 sqft , 2026-08-26

220 Dark Victory Rd
Rancho Del Cielo $198,149 $146 3 bd / 2 ba 1,354 sqft , 2026-11-09

281 Louisa Ln
Rancho Del Cielo $194,649 $131 4 bd / 2 ba 1,483 sqft , 2026-08-04

273 Louisa Ln
Rancho Del Cielo $194,649 $131 4 bd / 2 ba 1,483 sqft , 2026-08-12

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

$944/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

$39,340

20% conventional investment loan

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

Estimated Gross Rent+$944

Principal + Interest−$1,073

Property Tax (assumed ~2.1%)−$344

Insurance (assumed ~0.5%)−$82

Est. Monthly Cash Flow $-555

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 November 9, 2026.

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

520 Cleveland Ct

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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