Estimated payment $15,610/month
About This Lot
19.8 Ag Exempt Acres | FM 487 Commercial Development Site Near Jarrell High School
Strategically positioned commercial development tract consisting of approximately 19.8 acres located on FM 487 in the path of rapid growth in Jarrell. The property offers outstanding potential for office, medical, commercial, technology-support, and mixed-use development. Recent annexation and C-1 commercial zoning approval. Low holding costs make this a great opportunity for Buy & Hold or 1031 buyer.
The site benefits from exceptional regional accessibility, located just minutes from I-35 and along the future CR 305 Major Arterial corridor. As planned, CR 305 will ultimately provide a six-lane connection across I-35, creating substantial traffic counts and long-term commercial visibility.
Adjacent ownerships are also being marketed for sale, creating a rare assemblage opportunity approaching 600 acres for larger-scale development projects.
Highlights:
• Approx. 19.8 Acres - Ag Exempt - Low Holding Costs
• Frontage along FM 487
• Minutes from I-35
• Assemblage potential approaching 600 acres with neighboring properties
• Future CR 305 Major Arterial corridor
• Planned six-lane roadway connection across I-35
• Strong demographics and residential growth throughout Jarrell
• 12" water line located approximately 1,800 feet east of the property
• Adjacent wastewater lift station and planned 18" gravity main
• Walmart recently announced for Jarrell, adding significant retail momentum
•Partially in the ETJ
Buyer to confirm all information.
Additional Opportunity: The 118 acre companion tract located south of FM 487 is also available, and has a recently executed Utility Service Agreement with the City of Jarrell that secures the first 400 Living Unit Equivalents (LUEs) at a total cost of only $4,000 per LUE ($2,000 water / $2,000 wastewater), representing an estimated savings of approximately $4 million compared to current impact fee rates. See MLS #1967687
Listing Agent
All City Real Estate Ltd. Co Brokerage Phone: (512) 298-3864 License #0727831 Listed on: 06/19/2026
Property Details
Property Type
- Land
Schools
- Jarrell Elementary And Middle School
- Jarrell High School
Additional Features
- 19 Acre Lot
- Agricultural
Community Details
- J002d35h Jarrell Isd Rural Before 1990 Subdivision
Listing and Financial Details
- Assessor Parcel Number 11041000000047
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/03/2026 09/03/26 | Price Changed | $2,475,000 | -17.5% | -- | |
| 07/28/2026 07/28/26 | Price Changed | $2,999,990 | -25.0% | -- | |
| 06/19/2026 06/19/26 | For Sale | $3,999,990 | +5614.3% | -- | |
| 01/30/2015 01/30/15 | Sold | -- | -- | -- | View Prior Sale |
| 01/12/2015 01/12/15 | Pending | -- | -- | -- | |
| 09/29/2014 09/29/14 | For Sale | $70,000 | -- | -- |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 8893367
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
Listings courtesy of Unlock MLS (Austin Board of REALTORS®) as distributed by MLS GRID
- 140 Joe Kidd Ln
- 1499 Cr 311 Dr
- 300 Magan Ln
- 131 Meadow Valley Loop
- 1501 Farm To Market Road 487
- 1051 N 1st St 1st St
- 925 1st St
- 325 Meadow Valley Loop
- 813 Jake Dr
- 121 Calvin Smith Ln Unit A & B
- 141 Texas Angel Way
- 129 Athena Way
- 169 Greg Ln
- 240 Park Meadow Dr
- 133 Greg Ln
- 608 Jake Dr
- 113 Athena Way
- 301 Crescent Park Dr
- TBD County Road 306 Rd
- 100 Prairie Dr
- 100 Bailey Kay Ct Unit A
- 109 Everett Ct Unit B
- 876 Rancho Del Cielo Loop
- 253 Texas Angel Way
- 105 Zayd Ct Unit A
- 108 Zayd Ct Unit B
- 101 Ruby Ct Unit A
- 408 Alabama Trail
- 117 Hondo Gap Ln
- 337 Crescent Park Dr
- 108 Quapaw Ct
- 364 Crescent Park Dr
- 109 Somerdale Pass
- 144 Peony Ln
- 172 Allington Cir
- 455 County Road 306 Unit B
- 316 Sunnymeade Ln
- 300 Sunnymeade Ln
- 513 Fox Glen Cove
- 1040 Riverdale Cove
Ask me questions while you tour the home.