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507 VERNON, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed2 bath1,816 sqftBuilt 1970

Property at a Glance

This home is estimated between $221,919 and $361,121, with a best estimate of $303,732. 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

$221,919 $361,121
Best Estimate
$303,732
WCAD Value
$273,339
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 $221,919 and $361,121. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

508 MAIN ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,633 sqft Built 1975
Raw Value $254,362
Adjusted Value $278,362

Adjusted +$30,898 for 183 sqft more living space and -$6,898 for being older. Net adjustment: +$24,000.

402 ALVA ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
3 bed 2 bath 1,987 sqft Built 1950
Raw Value $223,198
Adjusted Value $221,919

Adjusted -$28,872 for 171 sqft less living space and +$27,593 for being newer. Net adjustment: -$1,279.

505 NEILL ST, THRALL, TX 76578
0.00 mi 97% similar Same subdivision
3 bed 1 bath 1,460 sqft Built 1960
Raw Value $182,484
Adjusted Value $361,121

Adjusted +$60,107 for 356 sqft more living space and +$13,796 for being newer and +$104,734 for having a garage. Net adjustment: +$178,637.

201 NEILL ST, THRALL, TX 76578
0.00 mi 94% similar Same subdivision
3 bed 1 bath 1,302 sqft Built 1965
Raw Value $210,050
Adjusted Value $303,732

Adjusted +$86,784 for 514 sqft more living space and +$6,898 for being newer. Net adjustment: +$93,682.

406 ALVA ST, THRALL, TX 76578
0.00 mi 93% similar Same subdivision
3 bed 1,428 sqft Built 1955
Raw Value $167,678
Adjusted Value $358,617

Adjusted +$65,510 for 388 sqft more living space and +$20,695 for being newer and +$104,734 for having a garage. Net adjustment: +$190,939.

The Neighborhood

This home is valued 17.8% above the X304484I - THRALL ISD CITY median of $232,000. With 310 homes in the subdivision, the property sits in the upper tier. The neighborhood appreciated 5.6% over the past year.

X304484I - THRALL ISD CITY

above average
310 Properties
$232,000 Median Value
+5.6% YoY Change
1% Have Pool
46% Have Garage
This Home
$273,339
Median
$232,000

This home is +17.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $5,142 across all districts. With a homestead exemption claimed, that drops to $3,405 — saving $1,737 per year. That's $284 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%$2,851
ThrallCity0.4411%$1,040
Williamson CountyCounty0.3694%$871
Williamson County ESD #10 - CouplandESD0.1000%$236
Williamson County FM/RdCounty0.0443%$104
Lower Brushy Creek WCIDWater0.0169%$40
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$5,142

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $303,732 would pay approximately $1,896 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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