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407 ALVA ST, THRALL, TX 76578

THRALL, 76578 — williamson County

2 bed1 bath1,200 sqftBuilt 1949

Property at a Glance

This home is estimated between $170,343 and $329,709, with a best estimate of $244,238. 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

$170,343 $329,709
Best Estimate
$244,238
WCAD Value
$296,566
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 $170,343 and $329,709. All 5 comparables are in the same subdivision, giving this estimate high confidence.

Comparable Properties (5)

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 $329,709

Adjusted -$40,522 for 240 sqft less living space and +$19,315 for being newer and +$104,734 for having a garage. Net adjustment: +$83,527.

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 $170,343

Adjusted -$10,130 for 60 sqft less living space and -$8,278 for being older. Net adjustment: -$18,408.

501 NEILL ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
2 bed 1 bath 1,029 sqft Built 1960
Raw Value $206,921
Adjusted Value $325,351

Adjusted +$28,872 for 171 sqft more living space and -$15,176 for being older and +$104,734 for having a garage. Net adjustment: +$118,430.

107 DOUGLAS ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
2 bed 1 bath 1,664 sqft Built 1948
Raw Value $216,466
Adjusted Value $244,238

Adjusted -$78,342 for 464 sqft less living space and +$1,380 for being newer and +$104,734 for having a garage. Net adjustment: +$27,772.

201 NEILL ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
3 bed 1 bath 1,302 sqft Built 1965
Raw Value $210,050
Adjusted Value $170,754

Adjusted -$17,222 for 102 sqft less living space and -$22,074 for being older. Net adjustment: -$39,296.

The Neighborhood

This home is valued 27.8% 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
$296,566
Median
$232,000

This home is +27.8% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,470 across all districts. With a homestead exemption claimed, that drops to $4,721 — saving $1,749 per year. That's $393 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%$3,587
ThrallCity0.4411%$1,308
Williamson CountyCounty0.3694%$1,096
Williamson County ESD #10 - CouplandESD0.1000%$297
Williamson County FM/RdCounty0.0443%$131
Lower Brushy Creek WCIDWater0.0169%$50
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$6,470

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $244,238 would pay approximately $1,525 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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