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508 NEILL ST, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed2 bath1,565 sqftBuilt 1955

Property at a Glance

This home is estimated between $158,846 and $298,048, with a best estimate of $240,247. 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

$158,846 $298,048
Best Estimate
$240,247
WCAD Value
$265,109
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 $158,846 and $298,048. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

402 ALVA ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 2 bath 1,987 sqft Built 1950
Raw Value $223,198
Adjusted Value $158,846

Adjusted -$71,250 for 422 sqft less living space and +$6,898 for being newer. Net adjustment: -$64,352.

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 $295,543

Adjusted +$23,131 for 137 sqft more living space and +$104,734 for having a garage. Net adjustment: +$127,865.

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 $215,288

Adjusted -$11,481 for 68 sqft less living space and -$27,593 for being older. Net adjustment: -$39,074.

505 NEILL ST, THRALL, TX 76578
0.00 mi 98% similar Same subdivision
3 bed 1 bath 1,460 sqft Built 1960
Raw Value $182,484
Adjusted Value $298,048

Adjusted +$17,728 for 105 sqft more living space and -$6,898 for being older and +$104,734 for having a garage. Net adjustment: +$115,564.

502 NEILL ST, THRALL, TX 76578
0.00 mi 93% similar Same subdivision
3 bed 1 bath 1,260 sqft Built 1955
Raw Value $188,751
Adjusted Value $240,247

Adjusted +$51,496 for 305 sqft more living space. Net adjustment: +$51,496.

The Neighborhood

This home is valued 14.3% 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

typical
310 Properties
$232,000 Median Value
+5.6% YoY Change
1% Have Pool
46% Have Garage
This Home
$265,109
Median
$232,000

This home is +14.3% above the subdivision median.

Tax Analysis

The estimated annual property tax is $5,783 across all districts. With a homestead exemption claimed, that drops to $4,041 — saving $1,742 per year. That's $337 per month a buyer should budget. The assessed value increased +11.6% vs the subdivision average of +5.6%. This above-average increase gives a protest opportunity score of 55 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Thrall ISDSchool1.2096%$3,207
ThrallCity0.4411%$1,170
Williamson CountyCounty0.3694%$979
Williamson County ESD #10 - CouplandESD0.1000%$265
Williamson County FM/RdCounty0.0443%$118
Lower Brushy Creek WCIDWater0.0169%$45
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$5,783
55 / 100

Moderate opportunity to protest.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $240,247 would pay approximately $1,500 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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