506 VERNON ST, THRALL, TX 76578
THRALL, 76578 — williamson County
Property at a Glance
This home is estimated between $199,199 and $300,923, with a best estimate of $249,223. That places the property above the X304484I - THRALL ISD CITY median of $232,000, in a neighborhood that appreciated 5.6% over the past year.
Estimated Value Range
$249,223
$160,871
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 $199,199 and $300,923. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$38,496 for 228 sqft less living space and +$8,278 for being newer and +$104,734 for having a garage. Net adjustment: +$74,516.
Adjusted +$48,626 for 288 sqft more living space and +$1,380 for being newer. Net adjustment: +$50,006.
Adjusted -$4,728 for 28 sqft less living space and +$15,176 for being newer. Net adjustment: +$10,448.
Adjusted -$11,819 for 70 sqft less living space and +$1,380 for being newer. Net adjustment: -$10,439.
Adjusted -$7,429 for 44 sqft less living space and +$19,315 for being newer and +$104,734 for having a garage. Net adjustment: +$116,620.
The Neighborhood
This home is valued 30.7% 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 -30.7% below the subdivision median.
Tax Analysis
The estimated annual property tax is $3,509 across all districts. With a homestead exemption claimed, that drops to $1,786 — saving $1,723 per year. That's $149 per month a buyer should budget. The assessed value increased +18.1% vs the subdivision average of +5.6%. This above-average increase gives a protest opportunity score of 75 out of 100 — it may be worth challenging the appraisal.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Thrall ISD | School | 1.2096% | $1,946 |
| Thrall | City | 0.4411% | $710 |
| Williamson County | County | 0.3694% | $594 |
| Williamson County ESD #10 - Coupland | ESD | 0.1000% | $161 |
| Williamson County FM/Rd | County | 0.0443% | $71 |
| Lower Brushy Creek WCID | Water | 0.0169% | $27 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 2.1815% | $3,509 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $249,223 would pay approximately $1,556 per month (principal and interest only, excluding taxes and insurance).