FM 487 Jarrell, TX 2 Land Properties Offered at $10,999,980 in Jarrell, TX

Southern Tract: 118 Acres for only 59k per Acre with Grandfathered Impact Fees: $6,999,990
Exceptional Buy & Hold or Development Opportunity consisting of approximately 118.2 acres located on FM 487 directly across from Jarrell High School and just minutes from I-35. Positioned within one of the fastest-growing communities in Central TX, the property offers excellent access, visibility, and utility infrastructure for residential and mixed-use development.
A recently executed Utility Service Agreement with the City of Jarrell 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.
The future extension of CR 305 through the property will create significant transportation connectivity and multiple hard-corner commercial opportunities. Williamson County has designated CR 305 as a Major Arterial and the roadway is anticipated to ultimately expand to six lanes, including a future bridge crossing over I-35.
Highlights:
• Approx. 118 acres available for development - Ag Exempt, No Restrictions
• Directly across from Jarrell HS, Minutes from I-35
• Assemblage potential approaching 600 acres with neighboring properties
• Utility Service Agreement providing approximately $4 million in impact fee savings
• Future CR 305 Major Arterial corridor
• Three future hard corners with excellent commercial potential
• Future bridge connection over I-35 enhancing regional access
• 12" water line located approx 1,800 feet east of the property
• Adjacent wastewater lift station & planned 18" gravity main
• Walmart recently announced for Jarrell, adding to continued area growth
•1,634 sq ft dated, but livable home on the property
-Partially in the ETJ.
Northern Tract: 19.8 Acres | FM 487 Commercial Development Site Near Jarrell High School: $3,999,990
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.
The site benefits from exceptional regional accessibility, located just minutes from Interstate 35 and along the future CR 305 Major Arterial corridor. As planned, CR 305 will ultimately provide a six-lane connection across Interstate 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 available for development - Ag Exempt
• Frontage along FM 487
• Minutes from Interstate 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.