This study communicates the structural, electronic, optical, and thermoelectric properties of a perovskite TlXF3 (X: Zn, Sr) crystal structure using first-principles calculations. Both compounds were found structurally as well as thermodynamically stable in cubic phase. The bandgaps of both compounds belong to insulating region. The TlSrF3 exhibits direct bandgap of 4.37 eV at X symmetry point while TlZnF3 possess indirect bandgap of 3.95 eV (M-X). Using HSE functional, the calculated electronic bandgaps of TlSrF3 and TlZnF3 are 5.74 eV(X-X) and 5.36 eV (M-X), respectively. The analysis of electronic states in band structur shows that for TlSrF3, the top of valence band is composed of the F-p states whereas the states in lower potion of conduction band are impacted by the significant contribution of Tl-p orbital states. In case of TlZnF3, the states near the valence band maxima and conduction band minima are coming mainly form Tl atom. The dependence of thermoelectric properties such as electrical conductivity, Seebeck coefficient, Power factor, electronic thermal conductivity (κ) and Figure-of-merit (ZT) as a function of carrier concertation and temperature are investigated. The optical properties were also studied to understand the response of TlXF3 to incident photons of energies upto 14 eV. We conclude that the TlXF3 are promising candidates for electronic, thermoelectric and optoelectronic devices.