233 Seattle Slew Dr · Jarrell, TX 76537

$314,990

6 bd · 2.0 ba · 1,960 sqft · Other · 33 Days on market

Built 2026 5,998 sqft lot $25/mo HOA · 1% of rent ↓ 6% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +14.4/30.0
• ARV discount +7.5/15.0
• DSCR +4.4/10.0
• Livability +3.6/5.0
• 1% rule +3.0/10.0
• Condition / age +2.5/5.0
• Rent growth +2.1/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Designed for modern living with a graceful layout and smart flexibility, the Kimbell is a single-story home that lives large. The open kitchen, casual dining area, and great room come together in a wide, welcoming space that encourages connection - perfect for entertaining friends, sharing everyday meals, or simply relaxing at home. From the heart of the home, views extend to the covered patio, inviting outdoor living into your daily routine. The owner's suite is a true sanctuary, offering a serene retreat tucked away at the rear of the home. A spacious bath and generous walk-in closet complete the suite, with choices to personalize the space even further for added luxury. Three secondary bedrooms offer space for family or guests, while a fourth bedroom near the front of the home provides added privacy - ideal for multigenerational households or overnight visitors. At the entry, a dedicated flex room can be personalized as a quiet study or creative workspace. You can even opt for a fifth bedroom with a third full bath for added flexibility - perfect for growing families or changing needs. With thoughtful storage, smart options, and plenty of room to grow, the Kimbell adapts beautifully to every stage of life. Its single-story ease, combined with elegant flow and practical functionality, make it a home that feels as good as it looks - a place where comfort meets possibility.

Key facts

• Casual dining area
• Covered patio
• Great room

Tags

• OPEN KITCHEN
• CASUAL DINING AREA
• GREAT ROOM
• COVERED PATIO
• OWNER'S SUITE
• SPACIOUS BATH

Property features AI

Finance

• HOA & community: Homeowners association with an estimated $25 monthly fee

Exterior

• Parking: Two covered spaces (total 4 parking spaces); Concrete parking; see remarks
• Security: Carbon monoxide detectors; Smoke detectors
• Utilities: Green/energy efficient: see remarks
• Home design: Single-story home; Faces west; New construction
• Construction: New construction by DRB Homes; Masonry construction; Shingle roof; Slab foundation; Lot dimensions approximately 50 x 120
• Exterior features: See remarks; Automatic sprinklers; Small trees

Interior

• Kitchen: Kitchen island; Free-standing range
• Bedrooms: Four main-level bedrooms
• Bathrooms: Two full bathrooms; Double vanity
• Heating & cooling: Heating: see remarks
• Interior features: Open floor plan; Main-level primary bedroom; Pantry; Vinyl windows
• Laundry & utility: Laundry details: see remarks

What this means for you Summary

Snapshot

• This is a 6-bed/2.0-bath other listed at $315k.

Deal economics

• At list price, monthly cash flow is $64 ($764/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $252k (20.0% below list).
• Recommended offer: $252k (20.0% below list) — sets the bar for 1% rule.
• Cap rate 6.5% vs local median 4.7% in Jarrell — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#313 in TX) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A; Watch: amenities F, commute F.
• Jarrell ISD (rural): math 19% / reading 28% proficiency, ranked #713 of 826 in TX (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Jarrell El (math 19% / reading 27%, grade F, #3,277 of 4,322 statewide, top 77%, 785 students, 62% FRL); Jarrell Middle (math 21% / reading 29%, grade F, #1,258 of 1,662 statewide, top 77%, 741 students, 64% FRL); Jarrell H S (math 22% / reading 37%, grade F, #1,112 of 1,632 statewide, top 70%, 868 students, 58% FRL).
• Market conditions: Rents soft (-1.7%/yr); 773 active listings in the ZIP; 2 comparable units currently listed for rent nearby; solid renter incomes; 7,543 units permitted in Williamson County in 2024 (1,425 in 5+ unit buildings).
• This rent runs 31% of the median local income ($98k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $9k of value loss. Plan a longer hold.
• Williamson County population projected at +69% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 33 days — a 3% lower offer ($306k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Recommended offer $252,033 (20.0% below list)

Questions for the listing agent

1. It's been on market 33 days. Have you received any prior offers? Is the seller open to a 20% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.80% ✗
• Cap rate: 6.54%
• Cash-on-cash: 0.87%
• DSCR: 1.04
• GRM: 10.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -18.0%
• Equity multiple: 0.38×
• Total profit: $-54,487
• Equity at exit: $46,966

10-year hold

• IRR: -16.5%
• Equity multiple: 0.19×
• Total profit: $-71,237
• Equity at exit: $27,235

Cash invested: $88,197 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76537

• Home prices YoY: -14.4%
• Rents YoY: -1.7%
• Active inventory: 773
• Price-to-rent: 10.4×

Monthly cashflow live

• Estimated rent: $2,520 medium
• Mortgage (P&I): −$1,652
• Tax from tax record: −$119 /mo · $1,432/yr
• Insurance: −$131
• HOA: −$25
• Vacancy / Maint / Mgmt: −$529
• Net cashflow: $64

Break-even live

Break-even rent $2,440

Max offer price $314,990

Occupancy floor 92%

Sensitivity live

Price	-10% $242	-5% $153	+0% $64	+5% $-25	+10% $-115
Rent	-10% $-135	-5% $-36	+0% $64	+5% $163	+10% $263
Rate	-1.0pp $222	-0.5pp $144	base $64	+0.5pp $-18	+1.0pp $-101

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $78,748
• Closing costs: $9,450
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
317 Hyacinth Way Jarrell, TX	5.0	2.5	2542	$1,995	$0.78	17d	1	1.22mi
524 Yearwood Ln Jarrell, TX	5.0	2.5	2582	$2,019	$0.78	6d	1	1.42mi

HOA detail

• Monthly dues: $25 · $300/yr

Listing history 16 events

1. 2026-06-21
   days on market $314,990 Active 33 DOM
2. 2026-06-18
   days on market $314,990 Active 30 DOM
3. 2026-06-17
   days on market $314,990 Active 29 DOM
4. 2026-06-16
   days on market $314,990 Active 28 DOM
5. 2026-06-15
   days on market $314,990 Active 27 DOM
6. 2026-06-13
   days on market $314,990 Active 25 DOM
7. 2026-06-09
   days on market $314,990 Active 21 DOM
8. 2026-06-08
   days on market $314,990 Active 20 DOM
9. 2026-06-07
   days on market $314,990 Active 19 DOM
10. 2026-06-04
    pricedays on market $314,990 Active 16 DOM

    Show marketing remark (1396 chars)

    Designed for modern living with a graceful layout and smart flexibility, the Kimbell is a single-story home that lives large. The open kitchen, casual dining area, and great room come together in a wide, welcoming space that encourages connection - perfect for entertaining friends, sharing everyday meals, or simply relaxing at home. From the heart of the home, views extend to the covered patio, inviting outdoor living into your daily routine. The owner's suite is a true sanctuary, offering a serene retreat tucked away at the rear of the home. A spacious bath and generous walk-in closet complete the suite, with choices to personalize the space even further for added luxury. Three secondary bedrooms offer space for family or guests, while a fourth bedroom near the front of the home provides added privacy - ideal for multigenerational households or overnight visitors. At the entry, a dedicated flex room can be personalized as a quiet study or creative workspace. You can even opt for a fifth bedroom with a third full bath for added flexibility - perfect for growing families or changing needs. With thoughtful storage, smart options, and plenty of room to grow, the Kimbell adapts beautifully to every stage of life. Its single-story ease, combined with elegant flow and practical functionality, make it a home that feels as good as it looks - a place where comfort meets possibility.

11. 2026-06-03
    days on market $329,990 Active 15 DOM
12. 2026-06-02
    days on market $329,990 Active 14 DOM
13. 2026-06-01
    days on market $329,990 Active 13 DOM
14. 2026-05-31
    days on market $329,990 Active 12 DOM
15. 2026-05-13
    price $329,990 1396-char remark

    Show marketing remark (1396 chars)

    Designed for modern living with a graceful layout and smart flexibility, the Kimbell is a single-story home that lives large. The open kitchen, casual dining area, and great room come together in a wide, welcoming space that encourages connection - perfect for entertaining friends, sharing everyday meals, or simply relaxing at home. From the heart of the home, views extend to the covered patio, inviting outdoor living into your daily routine. The owner's suite is a true sanctuary, offering a serene retreat tucked away at the rear of the home. A spacious bath and generous walk-in closet complete the suite, with choices to personalize the space even further for added luxury. Three secondary bedrooms offer space for family or guests, while a fourth bedroom near the front of the home provides added privacy - ideal for multigenerational households or overnight visitors. At the entry, a dedicated flex room can be personalized as a quiet study or creative workspace. You can even opt for a fifth bedroom with a third full bath for added flexibility - perfect for growing families or changing needs. With thoughtful storage, smart options, and plenty of room to grow, the Kimbell adapts beautifully to every stage of life. Its single-story ease, combined with elegant flow and practical functionality, make it a home that feels as good as it looks - a place where comfort meets possibility.

16. 2026-05-12
    listed $334,990 Active 1396-char remark

    Show marketing remark (1396 chars)

    Designed for modern living with a graceful layout and smart flexibility, the Kimbell is a single-story home that lives large. The open kitchen, casual dining area, and great room come together in a wide, welcoming space that encourages connection - perfect for entertaining friends, sharing everyday meals, or simply relaxing at home. From the heart of the home, views extend to the covered patio, inviting outdoor living into your daily routine. The owner's suite is a true sanctuary, offering a serene retreat tucked away at the rear of the home. A spacious bath and generous walk-in closet complete the suite, with choices to personalize the space even further for added luxury. Three secondary bedrooms offer space for family or guests, while a fourth bedroom near the front of the home provides added privacy - ideal for multigenerational households or overnight visitors. At the entry, a dedicated flex room can be personalized as a quiet study or creative workspace. You can even opt for a fifth bedroom with a third full bath for added flexibility - perfect for growing families or changing needs. With thoughtful storage, smart options, and plenty of room to grow, the Kimbell adapts beautifully to every stage of life. Its single-story ease, combined with elegant flow and practical functionality, make it a home that feels as good as it looks - a place where comfort meets possibility.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $1,432 · $119/mo
• Projected year-2 tax: $5,764 · $480/mo
• Expected delta: +$4,333/yr (+$361/mo · 302.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Taxation est. · year 1

• Rental income: $30,244
• − Mortgage interest: −$17,644
• − Property taxes: −$1,432
• − Insurance: −$1,575
• − Repairs & maintenance: −$2,420
• − Management: −$2,420
• − HOA: −$300
• − Depreciation: −$9,163
• Taxable loss: −$4,709
• Est. tax savings @ 24.0%: +$1,130
• After-tax cash flow: $1,894/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Jarrell ISD
• NCES district ID: 4824600
• Math proficiency: 19% ▼ -18.00%
• Reading proficiency: 28% ▼ -5.00%
• Median HH income: $57,132
• Composite: 21.47/100
• National rank: #8335
• State rank: #713 of 826 in TX

Livability — Jarrell

• Score: 71/100
• State rank: #313
• US rank: #7020

Category grades

Amenities F Commute F Cost of living A Crime A Employment A+ Housing A+ Health & safety B User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Jarrell, TX
• County: Williamson County · 680,029 people
• City population: 16,272
• Metro: Austin-Round Rock-Georgetown, TX
• Population (ZIP): 16,272
• Household income: $98,199
• Rent vs Own: 20.5% rent · 79.5% own
• Severe rent burden: 225.0

Population outlook (Williamson County) Hauer SSP2

• Today (2025): 699,027 people
• By 2030: 795,537 · +13.8%
• By 2040: 990,683 · +41.7%
• By 2050: 1,184,292 · +69.4%
• By 2075: 1,623,825 · +132.3%
• By 2100: 1,924,153 · +175.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 48% Hispanic / Latino 36% Two or more races 14% Black 7% Asian 4%
• Hispanic origin (detail): Mexican 30% Puerto Rican 5%
• Common ancestry: Romanian 3% Italian 2% Slovak 1%
• Foreign-born: 13% · Canada, Vietnam
• Languages at home: 69% English-only · Spanish 26% Chinese 2% French/Haitian/Cajun 1%

Political lean MEDSL · Williamson

• 2024 margin: Toss-up / Even · D 48.0% · R 50.4% · Other 1.6%
• 2008→2024 swing: +10.6pp toward D · 2008: -13.0pp · 2024: -2.5pp
• All cycles: 2024: R+2.5 2020: D+1.4 2016: R+9.9 2012: R+21.5 2008: R+13.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -31.03%
• Current HPI: 184.8935
• Rent YoY: ▼ -1.73%
• Metro: Austin-Round Rock-Georgetown, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-6.0% since first listed

5 events — show timeline

• 2026-06-04 Price Changed $314,990 Zillow
• 2026-06-03 Price Changed $314,990 Unlock MLS
• 2026-05-19 Listed $329,990 Unlock MLS
• 2026-05-13 Price Changed $329,990 Zillow
• 2026-05-12 Listed $334,990 Zillow

Property tax history

+0.3%/yr

Latest (2026): $1,432 · +0.0% YoY. Source: county tax records.