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505 NEILL ST, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed1 bath1,460 sqftBuilt 1960

Property at a Glance

This home is estimated between $124,683 and $284,050, with a best estimate of $179,979. That places the property below the X304484I - THRALL ISD CITY median of $232,000, in a neighborhood that appreciated 5.6% over the past year.

Estimated Value Range

$124,683 $284,050
Best Estimate
$179,979
WCAD Value
$182,484
High Confidence

Based on 5 comparable properties(5 in the same subdivision)

Based on 5 comparable properties in X304484I - THRALL ISD CITY, this home's estimated market value is between $124,683 and $284,050. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

406 ALVA ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1,428 sqft Built 1955
Raw Value $167,678
Adjusted Value $179,979

Adjusted +$5,403 for 32 sqft more living space and +$6,898 for being newer. Net adjustment: +$12,301.

502 NEILL ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,260 sqft Built 1955
Raw Value $188,751
Adjusted Value $124,683

Adjusted +$33,768 for 200 sqft more living space and +$6,898 for being newer and -$104,734 for no garage. Net adjustment: -$64,068.

201 NEILL ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,302 sqft Built 1965
Raw Value $210,050
Adjusted Value $125,095

Adjusted +$26,677 for 158 sqft more living space and -$6,898 for being older and -$104,734 for no garage. Net adjustment: -$84,955.

111 TAYLOR ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,276 sqft Built 1952
Raw Value $184,303
Adjusted Value $226,407

Adjusted +$31,067 for 184 sqft more living space and +$11,037 for being newer. Net adjustment: +$42,104.

202 VERNON ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
2 bed 1 bath 1,440 sqft Built 1935
Raw Value $246,182
Adjusted Value $284,050

Adjusted +$3,377 for 20 sqft more living space and +$34,491 for being newer. Net adjustment: +$37,868.

The Neighborhood

This home is valued 21.3% below the X304484I - THRALL ISD CITY median of $232,000. That positions it competitively for buyers comparing within the neighborhood. The neighborhood appreciated 5.6% over the past year.

X304484I - THRALL ISD CITY

below average
310 Properties
$232,000 Median Value
+5.6% YoY Change
1% Have Pool
46% Have Garage
This Home
$182,484
Median
$232,000

This home is -21.3% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,594 across all districts. With a homestead exemption claimed, that drops to $1,870 — saving $1,724 per year. That's $156 per month a buyer should budget. The assessed value increased +12.7% vs the subdivision average of +5.6%. This above-average increase gives a protest opportunity score of 51 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Thrall ISDSchool1.2096%$1,993
ThrallCity0.4411%$727
Williamson CountyCounty0.3694%$609
Williamson County ESD #10 - CouplandESD0.1000%$165
Williamson County FM/RdCounty0.0443%$73
Lower Brushy Creek WCIDWater0.0169%$28
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$3,594
51 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $179,979 would pay approximately $1,123 per month (principal and interest only, excluding taxes and insurance).

Data sourced from Williamson County Appraisal District (WCAD), Texas Education Agency (TEA), and Federal Reserve Economic Data (FRED). Assessment values reflect the appraisal district's estimate, not market sale prices. Report generated 4/18/2026.

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