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$265,000

320 Katie Elder Dr, Jarrell, TX, 76537

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.66 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Year Built2022
Stories1
Garage Spaces1

Land Information

APNR-11-7071-010B-0037
Lot Number37
Land UseOther
Legal DescriptionS12682 - RIO LOBO PH 1, BLOCK B, LOT 37
Census Tract021601
Assessed Land Value$65,000
Assessed Improvement Value$169,064
Assessment Year2025

About this property

Welcome to 320 Katie Elder Drive in the desirable Sonterra community of Jarrell! Built in 2023, this beautifully maintained 2-bedroom, 2-bath home offers a bright, open-concept floor plan that’s perfect for everyday living. The spacious living area flows seamlessly into the modern kitchen featuring granite countertops, stainless steel appliances, ample cabinet space, and a breakfast bar ideal for entertaining. The private primary suite offers a walk-in closet and an en-suite bath with vanity and a walk-in shower. A second bedroom and full bath provide flexibility for guests, a home office, or additional living space. Step outside to enjoy the covered back patio and fully fenced backyard perfect for relaxing, pets, or outdoor gatherings. Additional features include a two-car attached garage, energy-efficient construction, and modern finishes throughout. Located in the growing Sonterra community, residents enjoy neighborhood amenities including a community pool, parks, playgrounds, and walking trails, all with convenient access to I-35 for an easy commute to Georgetown, Round Rock, Temple, and Austin. Whether you’re a first-time homebuyer, looking to downsize, or searching for a great investment opportunity, this move-in ready home offers comfort, convenience, and exceptional value.

Investor Tools

$255,163Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Joe Acosta

SATEX Properties, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,774
$234,064
2025
$65,000
$169,064
$234,064
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,774
$234,064

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kbhs Home Loans Llc
Fha
$269,555
Yes
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,163
N/A
0%
109%
$1,617/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,917/mo
$-367/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Jarrell

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320 Katie Elder Dr | Property Details | No Agent List