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508 ALVA ST, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed1 bath1,256 sqftBuilt 1932

Property at a Glance

This home is estimated between $156,344 and $315,710, with a best estimate of $258,067. 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

$156,344 $315,710
Best Estimate
$258,067
WCAD Value
$177,222
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 $156,344 and $315,710. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

201 VERNON ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
2 bed 1 bath 1,110 sqft Built 1920
Raw Value $134,306
Adjusted Value $280,247

Adjusted +$24,651 for 146 sqft more living space and +$16,556 for being newer and +$104,734 for having a garage. Net adjustment: +$145,941.

202 VERNON ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
2 bed 1 bath 1,440 sqft Built 1935
Raw Value $246,182
Adjusted Value $315,710

Adjusted -$31,067 for 184 sqft less living space and -$4,139 for being older and +$104,734 for having a garage. Net adjustment: +$69,528.

502 NEILL ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,260 sqft Built 1955
Raw Value $188,751
Adjusted Value $156,344

Adjusted -$675 for 4 sqft less living space and -$31,732 for being older. Net adjustment: -$32,407.

111 TAYLOR ST, THRALL, TX 76578
0.00 mi 100% similar Same subdivision
3 bed 1 bath 1,276 sqft Built 1952
Raw Value $184,303
Adjusted Value $258,067

Adjusted -$3,377 for 20 sqft less living space and -$27,593 for being older and +$104,734 for having a garage. Net adjustment: +$73,764.

201 NEILL ST, THRALL, TX 76578
0.00 mi 98% similar Same subdivision
3 bed 1 bath 1,302 sqft Built 1965
Raw Value $210,050
Adjusted Value $156,755

Adjusted -$7,767 for 46 sqft less living space and -$45,528 for being older. Net adjustment: -$53,295.

The Neighborhood

This home is valued 23.6% 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 average
310 Properties
$232,000 Median Value
+5.6% YoY Change
1% Have Pool
46% Have Garage
This Home
$177,222
Median
$232,000

This home is -23.6% below the subdivision median.

Tax Analysis

The estimated annual property tax is $3,237 across all districts. With a homestead exemption claimed, that drops to $1,517 — saving $1,720 per year. That's $126 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%$1,795
ThrallCity0.4411%$655
Williamson CountyCounty0.3694%$548
Williamson County ESD #10 - CouplandESD0.1000%$148
Williamson County FM/RdCounty0.0443%$66
Lower Brushy Creek WCIDWater0.0169%$25
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$3,237

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $258,067 would pay approximately $1,611 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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