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506 NEILL ST, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed1 bath1,216 sqftBuilt 1950

Property at a Glance

This home is estimated between $69,690 and $171,414, with a best estimate of $124,986. 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

$69,690 $171,414
Best Estimate
$124,986
WCAD Value
$137,801
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 $69,690 and $171,414. 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 $124,986

Adjusted -$35,794 for 212 sqft less living space and -$6,898 for being older. Net adjustment: -$42,692.

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 $69,690

Adjusted -$7,429 for 44 sqft less living space and -$6,898 for being older and -$104,734 for no garage. Net adjustment: -$119,061.

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 $171,414

Adjusted -$10,130 for 60 sqft less living space and -$2,759 for being older. Net adjustment: -$12,889.

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 $70,101

Adjusted -$14,520 for 86 sqft less living space and -$20,695 for being older and -$104,734 for no garage. Net adjustment: -$139,949.

505 NEILL ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
3 bed 1 bath 1,460 sqft Built 1960
Raw Value $182,484
Adjusted Value $127,491

Adjusted -$41,197 for 244 sqft less living space and -$13,796 for being older. Net adjustment: -$54,993.

The Neighborhood

This home is valued 40.6% 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
$137,801
Median
$232,000

This home is -40.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,006 across all districts. With a homestead exemption claimed, that drops to $1,314 — saving $1,692 per year. That's $110 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%$1,667
ThrallCity0.4411%$608
Williamson CountyCounty0.3694%$509
Williamson County ESD #10 - CouplandESD0.1000%$138
Williamson County FM/RdCounty0.0443%$61
Lower Brushy Creek WCIDWater0.0169%$23
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$3,006

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $124,986 would pay approximately $780 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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