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501 ALVA ST, THRALL, TX 76578

THRALL, 76578 — williamson County

3 bed2 bath1,572 sqftBuilt 1955

Property at a Glance

This home is estimated between $55,293 and $194,496, with a best estimate of $136,695. That places the property below the X304484I - THRALL ISD CITY median of $232,000, in a neighborhood that appreciated 5.6% over the past year.

Estimated Value Range

$55,293 $194,496
Best Estimate
$136,695
WCAD Value
$279,468
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 $55,293 and $194,496. 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 $111,736

Adjusted -$10,299 for 61 sqft less living space and -$27,593 for being older and -$104,734 for no garage. Net adjustment: -$142,626.

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 $191,991

Adjusted +$24,313 for 144 sqft more living space. Net adjustment: +$24,313.

502 NEILL ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
3 bed 1 bath 1,260 sqft Built 1955
Raw Value $188,751
Adjusted Value $136,695

Adjusted +$52,678 for 312 sqft more living space and -$104,734 for no garage. Net adjustment: -$52,056.

505 NEILL ST, THRALL, TX 76578
0.00 mi 99% similar Same subdivision
3 bed 1 bath 1,460 sqft Built 1960
Raw Value $182,484
Adjusted Value $194,496

Adjusted +$18,910 for 112 sqft more living space and -$6,898 for being older. Net adjustment: +$12,012.

402 ALVA ST, THRALL, TX 76578
0.00 mi 98% similar Same subdivision
3 bed 2 bath 1,987 sqft Built 1950
Raw Value $223,198
Adjusted Value $55,293

Adjusted -$70,069 for 415 sqft less living space and +$6,898 for being newer and -$104,734 for no garage. Net adjustment: -$167,905.

The Neighborhood

This home is valued 20.5% 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
$279,468
Median
$232,000

This home is +20.5% above the subdivision median.

Tax Analysis

The estimated annual property tax is $6,097 across all districts. With a homestead exemption claimed, that drops to $4,351 — saving $1,746 per year. That's $363 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%$3,380
ThrallCity0.4411%$1,233
Williamson CountyCounty0.3694%$1,032
Williamson County ESD #10 - CouplandESD0.1000%$279
Williamson County FM/RdCounty0.0443%$124
Lower Brushy Creek WCIDWater0.0169%$47
Williamson Central Appraisal Districtcad0.0000%$0
Total Annual Tax2.1815%$6,097

Mortgage Context

At today's 30-year mortgage rate of 6.38%, a buyer financing $136,695 would pay approximately $853 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 4/17/2026.

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