Jarrell Entry-Level Homes: Can Buyers Afford the $255k Median?
By George Arnold Alexander III, MPA · Associate Broker · 2026-10-17
Deal of the Week

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range.
Lower quartile: under $226,000
217 Flying Tigers TRL, Jarrell TX 76537 · MLS #6438799
Listed at $193,999, 4 bed, 2 bath, 1,582 sq ft. Listed 12% below the ALEX valuation; 17% under the local price per sq ft; price reduced 14% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1187017358/217-Flying-Tigers-TRL-Jarrell-TX
Lower-middle quartile: $226,000 to $260,000
249 Firefox WAY, Jarrell TX 76537 · MLS #7497838
Listed at $249,990, 3 bed, 2.5 bath, 1,805 sq ft. Listed 5% below the ALEX valuation; 11% under the local price per sq ft; price reduced 13% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1178396199/249-Firefox-WAY-Jarrell-TX
Upper-middle quartile: $260,000 to $295,000
237 Escape WAY, Jarrell TX 76537 · MLS #5042720
Listed at $269,990, 3 bed, 2.5 bath, 1,805 sq ft. Listed 7% below the ALEX valuation; 4% under the local price per sq ft; price reduced 14% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1182520408/237-Escape-WAY-Jarrell-TX
Upper quartile: $295,000 and up
212 Katie Elder DR, Jarrell TX 76537 · MLS #5598268
Listed at $299,999, 5 bed, 3.5 bath, 2,568 sq ft. Listed 3% below the ALEX valuation; 22% under the local price per sq ft; price reduced 10% from original.
See it on alex.realestate: https://www.alex.realestate/listing-detail/1173386668/212-Katie-Elder-DR-Jarrell-TX
Key figures · Jarrell · September 2026
- 57 homes sold in Jarrell in September 2026 (down 6.6% on a year earlier).
- Median sale price: $255,000 (down 3.8% on a year earlier).
- Median price per square foot: $145.
- Median days on market: 67.
- Median sale price as a share of the original list price: 94.1%.
- 325 homes for sale now, about 4.8 months of supply at the pace of the last six months.
Source: Unlock MLS, September 2026. Homes only (single-family, condo, townhome). Information deemed reliable but not guaranteed.
Can buyers afford the current entry-level price in Jarrell? The median sale price for homes in the bottom quartile of the market is $255,000 across 57 closed sales in September. At a mortgage rate of 7.32% from the Freddie Mac Primary Mortgage Market Survey (week of October 22), ALEX Intelligence modeled the monthly payment to determine buying power for this price tier.
For a buyer with a loan amount of $204,000 at the current rate, the principal and interest payment is $1,401 per month. This baseline helps sellers understand the financial threshold their buyers face. To improve affordability, some listings include buydowns that temporarily lower the interest rate. A 3-2-1 buydown costs a median of $9,492 (3.72% of the price) and reduces the first-year payment to $1,012, while a 2-1 buydown costs $4,824 (1.89%) and lowers the first-year payment to $1,135.
The median living area for these entry-level homes is 1,658 square feet, up 6.6% from the prior month. While prices in this tier are down 3.8% compared to September last year, the higher interest rate environment remains a key factor in monthly costs. Buyers looking at homes under $255,000 should consider how buydown concessions can bridge the gap between their budget and current rates.
ALEX Intelligence estimate, not an appraisal.
Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing.
Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals.
Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog
MIT, Nvidia, Google & IBM-Trained. Cross Domain-Expert: Quantum, AI, Ethics, Sovereignty, Intelligence, Philanthropy. Solepoint Planning. VUI AI Cloud Architect. AI Certifications Development. Quant/AI Instructor. Castor Venture Club Member. Associate Broker.
George Arnold Alexander III, MPA
Director, ALEX Companies
Associate Broker, Alexander Tiffany Southwest, LLC dba ALEX.realestate, et.al.
Texas License #574878-B · Broker License #565194-BB
Broker, ALEX Real Estate · North Carolina License #367733
Independent Broker, ALEX Real Estate · Colorado License #II.100112456
[email protected] · +1 713.918.9951
Source data: Unlock MLS closed sales, September 2026, n=57
Cover photo: Jarrell City Hall by Larry D. Moore, CC BY 4.0, via Wikimedia Commons; darkened, cropped and text added.
Licensed by the Texas Real Estate Commission. Broker: Alexander Tiffany Southwest, LLC · License #565194-BB.
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov
Diane Hart Alexander, Chair & CEO, ALEX Companies · Designated Broker · #574877-B · George Arnold Alexander III, Director, ALEX Companies · Associate Broker · #574878-B
Texas Real Estate Commission Information About Brokerage Services · TREC Consumer Protection Notice · trec.texas.gov










