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402 ALVA ST, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed2 bath1,987 sqftBuilt 1950

Property at a Glance

This home is estimated between $279,640 and $378,494, with a best estimate of $359,896. 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

$279,640 $378,494
Best Estimate
$359,896
WCAD Value
$223,198
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 $279,640 and $378,494. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

304 W US 79, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1,868 sqft Built 1948
Raw Value $194,480
Adjusted Value $322,065

Adjusted +$20,092 for 119 sqft more living space and +$2,759 for being newer and +$104,734 for having a garage. Net adjustment: +$127,585.

508 MAIN ST, THRALL, TX 76578
0.00 mi 94% similar Same subdivision
3 bed 2 bath 1,633 sqft Built 1975
Raw Value $254,362
Adjusted Value $279,640

Adjusted +$59,769 for 354 sqft more living space and -$34,491 for being older. Net adjustment: +$25,278.

406 ALVA ST, THRALL, TX 76578
0.00 mi 91% similar Same subdivision
3 bed 1,428 sqft Built 1955
Raw Value $167,678
Adjusted Value $359,896

Adjusted +$94,382 for 559 sqft more living space and -$6,898 for being older and +$104,734 for having a garage. Net adjustment: +$192,218.

505 NEILL ST, THRALL, TX 76578
0.00 mi 89% similar Same subdivision
3 bed 1 bath 1,460 sqft Built 1960
Raw Value $182,484
Adjusted Value $362,401

Adjusted +$88,979 for 527 sqft more living space and -$13,796 for being older and +$104,734 for having a garage. Net adjustment: +$179,917.

107 DOUGLAS ST, THRALL, TX 76578
0.00 mi 89% similar Same subdivision
2 bed 1 bath 1,664 sqft Built 1948
Raw Value $216,466
Adjusted Value $378,494

Adjusted +$54,535 for 323 sqft more living space and +$2,759 for being newer and +$104,734 for having a garage. Net adjustment: +$162,028.

The Neighborhood

This home is valued 3.8% 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

typical
310 Properties
$232,000 Median Value
+5.6% YoY Change
1% Have Pool
46% Have Garage
This Home
$223,198
Median
$232,000

This home is -3.8% below the subdivision median.

Tax Analysis

The estimated annual property tax is $4,568 across all districts. With a homestead exemption claimed, that drops to $2,836 — saving $1,732 per year. That's $236 per month a buyer should budget. The assessed value increased +17.2% vs the subdivision average of +5.6%. This above-average increase gives a protest opportunity score of 85 out of 100 — it may be worth challenging the appraisal.

Tax Districts

DistrictTypeRateAnnual Amount
Thrall ISDSchool1.2096%$2,533
ThrallCity0.4411%$924
Williamson CountyCounty0.3694%$774
Williamson County ESD #10 - CouplandESD0.1000%$209
Williamson County FM/RdCounty0.0443%$93
Lower Brushy Creek WCIDWater0.0169%$35
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$4,568
85 / 100

There may be a strong case to protest this appraisal.

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $359,896 would pay approximately $2,246 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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