505 ALVA ST, THRALL, TX 76578
THRALL, 76578 — williamson County
Property at a Glance
This home is estimated between $172,011 and $327,019, with a best estimate of $222,035. 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
$222,035
$153,060
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 $172,011 and $327,019. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted +$15,364 for 91 sqft more living space and +$104,734 for having a garage. Net adjustment: +$120,098.
Adjusted -$30,729 for 182 sqft less living space and -$6,898 for being older. Net adjustment: -$37,627.
Adjusted -$57,406 for 340 sqft less living space and +$104,734 for having a garage. Net adjustment: +$47,328.
Adjusted -$23,638 for 140 sqft less living space and +$6,898 for being newer. Net adjustment: -$16,740.
Adjusted +$29,716 for 176 sqft more living space and -$6,898 for being older. Net adjustment: +$22,818.
The Neighborhood
This home is valued 34.0% 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 averageThis home is -34.0% below the subdivision median.
Tax Analysis
The estimated annual property tax is $2,931 across all districts. With a homestead exemption claimed, that drops to $1,281 — saving $1,650 per year. That's $107 per month a buyer should budget. The assessed value increased +25.3% vs the subdivision average of +5.6%. This above-average increase gives a protest opportunity score of 90 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $1,625 |
| Thrall | City | 0.4411% | $593 |
| Williamson County | County | 0.3694% | $496 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $134 |
| Williamson County FM/Rd | County | 0.0443% | $60 |
| Lower Brushy Creek WCID | Water | 0.0169% | $23 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1815% | $2,931 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $222,035 would pay approximately $1,386 per month (principal and interest only, excluding taxes and insurance).