Development Land with Existing
For Sale
$2,300,000
1501 E Fm 487, Jarrell, TX 76537
25-acre tract off FM 487 with an existing residence and agricultural exemption for flexible development planning.
Property Size4,499 SF
Lot Size25.00 Acres
Price / SF$511.22
Days on Market312
Property Features for 1501 E Fm 487
General Information
Standard status
Active
Size
4,499 SF
Lot size
25.00 Acres
Property subtype
Farm
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,529
Listing Agency:
Compass RE Texas, LLC.
(254) 541-2410
Listed By:
Bret Friemel · License #0608976
(254) 541-2410
Source:
Exprealty
Added: Oct 2, 2025
Changed: Aug 8
Last Checked: Jul 7 at 10:59PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass RE Texas, LLC.
Investment Insights
Based on property information with market context.
This 25-acre development tract includes an existing residence of approximately 2,300+ square feet, providing immediate use while planning and hold decisions are carried out. The property is currently under agricultural exemption status (buyer to verify), which may support holding costs during development timelines.
The site is positioned along FM 487 between Georgetown and Jarrell and is described as being just minutes from IH-35, supporting straightforward regional access. The tract is located within Jarrell ISD and outside city limits, in the ETJ.
Designed for flexibility, the land can work for buyers considering future residential development, small-lot subdivision concepts, or build-to-rent community layouts, as well as estate-style lot planning. With a usable home already on-site and ETJ status offering development pathways for future scenarios, the property may appeal to developers, builders, and land investors evaluating long-range housing plans in the corridor.
The site is positioned along FM 487 between Georgetown and Jarrell and is described as being just minutes from IH-35, supporting straightforward regional access. The tract is located within Jarrell ISD and outside city limits, in the ETJ.
Designed for flexibility, the land can work for buyers considering future residential development, small-lot subdivision concepts, or build-to-rent community layouts, as well as estate-style lot planning. With a usable home already on-site and ETJ status offering development pathways for future scenarios, the property may appeal to developers, builders, and land investors evaluating long-range housing plans in the corridor.
Key Highlights
- 25‑acre tract off FM 487 between Georgetown and Jarrell in Williamson County
- Strong road frontage along FM 487 with minutes‑away access to IH‑35
- Includes an existing 2,300+ SF residence for immediate rental, homestead, or operational use
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
231
Businesses Nearby
Explore this area
Business Placement
Demographics for 76537, TX
10,943
Population
4,538
Households
2.4
Avg Household Size
32
Median Age
23%
College-Educated
88%
High-School Grad
53.7 sq mi
ZIP Area
204
Density / Sq Mi
$96,067
Median Household Income
$44,474
Median Earnings
$1,729
Median Rent
$272,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 25-acre tract off FM 487 with an existing residence and agricultural exemption for flexible development planning.
Where is this agricultural land / farmland located?
The property is located at 1501 E Fm 487 Jarrell, TX.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 25‑acre tract off FM 487 between Georgetown and Jarrell in Williamson County; Strong road frontage along FM 487 with minutes‑away access to IH‑35; Includes an existing 2,300+ SF residence for immediate rental, homestead, or operational use
