• 10 days on site
  • 0 views

19.8 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. 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. 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

Source: Austin MLS, MLS#: 4506371

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Farm
  • Lot
    19.00 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Pamela Buske

Create a profile so you can receive updates on this property as soon as they happen!

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 0 FM 487


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/19/2026Source: Austin MLS Added to Database
June 19, 2026
Listing provided courtesy of All City Real Estate Ltd. Co- MLS# 4506371MLS Provider