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507 NEILL ST, THRALL, TX 76578

THRALL, 76578 — williamson County

2 bed1 bath856 sqftBuilt 1948

Property at a Glance

This home is estimated between $110,883 and $265,890, with a best estimate of $184,777. 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

$110,883 $265,890
Best Estimate
$184,777
WCAD Value
$147,552
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 $110,883 and $265,890. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

501 NEILL ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
2 bed 1 bath 1,029 sqft Built 1960
Raw Value $206,921
Adjusted Value $265,890

Adjusted -$29,209 for 173 sqft less living space and -$16,556 for being older and +$104,734 for having a garage. Net adjustment: +$58,969.

509 NEILL ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
3 bed 1 bath 944 sqft Built 1965
Raw Value $199,217
Adjusted Value $160,905

Adjusted -$14,858 for 88 sqft less living space and -$23,454 for being older. Net adjustment: -$38,312.

107 DOUGLAS ST, THRALL, TX 76578
0.00 mi 98% similar Same subdivision
2 bed 1 bath 1,664 sqft Built 1948
Raw Value $216,466
Adjusted Value $184,777

Adjusted -$136,423 for 808 sqft less living space and +$104,734 for having a garage. Net adjustment: -$31,689.

305 ALVA ST, THRALL, TX 76578
0.00 mi 96% similar Same subdivision
3 bed 1 bath 768 sqft Built 1935
Raw Value $116,698
Adjusted Value $254,225

Adjusted +$14,858 for 88 sqft more living space and +$17,935 for being newer and +$104,734 for having a garage. Net adjustment: +$137,527.

502 NEILL ST, THRALL, TX 76578
0.00 mi 95% similar Same subdivision
3 bed 1 bath 1,260 sqft Built 1955
Raw Value $188,751
Adjusted Value $110,883

Adjusted -$68,211 for 404 sqft less living space and -$9,657 for being older. Net adjustment: -$77,868.

The Neighborhood

This home is valued 36.4% 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
$147,552
Median
$232,000

This home is -36.4% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,093 across all districts. With a homestead exemption claimed, that drops to $1,374 — saving $1,719 per year. That's $115 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.

Tax Districts

DistrictTypeRateAnnual Amount
Thrall ISDSchool1.2096%$1,715
ThrallCity0.4411%$626
Williamson CountyCounty0.3694%$524
Williamson County ESD #10 - CouplandESD0.1000%$142
Williamson County FM/RdCounty0.0443%$63
Lower Brushy Creek WCIDWater0.0169%$24
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$3,093

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $184,777 would pay approximately $1,153 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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