1701 W FM 487
Jarrell, TX 76537

118 Acres for only 59k per Acre with Grandfathered Impact Fees

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.
-Buyer to confirm all info.

Additional Opportunity: The companion 19.8 acre commercial tract located north of FM 487 is also available for purchase, offering frontage along FM 487.