108 S PACE BEND RD TX 78669
| Owner | HILL COUNTRY LAKES LLC |
|---|---|
| Parcel ID | 0158971004 |
| Short ID | 157629 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,312 SF |
| Land SF | 45,302 SF |
| Acres | 1.040 |
| Year Built | 1984 |
| Legal | ABS 385 SUR 801 HERONYMOS W ACR 1.0400 |
| Neighborhood | 32SWE |
| Land | $101,930 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $101,930 |
| Improvement | $381,585 |
|---|---|
| Total Improvement | $381,585 |
| Market | $483,515 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $483,515 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $483,515 |
| Taxable Value | $483,515 |
|---|
Appreciation: Market value has risen +7.4% from $450,243 (2021) to $483,515 (2025), a CAGR of 1.8% over 4 years. Growth has been relatively flat for this asset class. Most of this growth came in a single year (2022→2023), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Commercial parcel countywide rose +17.8%, so this parcel has lagged the broader commercial market over the same period.
Tax Burden: The combined rate across 5 taxing entities is 1.7041% in 2025 (+0.0281% vs 2024 — rates increased ). At the current taxable value, estimated annual taxes are $8,239. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.
Asset Class: Commercial. No homestead exemptions apply — full market value is taxable. This is valued using the income approach, so changes in rent roll or occupancy move the appraisal more directly than they would for a cost-approach property.
Value Composition: Land carries 21% of market value ($101,930 land vs $381,585 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~42 yrs), and rent roll drive the underwriting.
Submarket Position: At $483,515, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,382,921 (P25 $632,506 / P75 $3,258,143, n=13,595). Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. See the Peer Set and the Where This Property Stands benchmark below, which narrows to this property's actual use code, for parcel-level comparables.
Forward Outlook: Holding the +1.4% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $519,246 by 2031, with an estimated annual tax burden around $7,679. Estimated Forward figures are model projections, not certified — see the 6-Year Projection section for the low/base/high bands.
No delinquent taxes on record.
3 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,312 SF | ✓ |
| 501 | CANOPY | 488 SF | ✗ |
| 611 | TERRACE | 488 SF | ✗ |
Estimate only. The appraisal district sets value as of Jan 1 (not at sale price). A sale is strong evidence of market value and is typically reflected in the next Jan 1 valuation. Taxing units set rates annually. Modeled from government data — not a legal or tax opinion.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| ILT Lake Travis ISD | 1.2301% | 1.2121% | 1.0741% | 1.0656% | 1.0397% | -0.0259% | $5,027.11 | $5,027.11 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,817.27 | $1,817.27 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $570.66 | $570.66 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $449.74 | $449.74 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $374.72 | $374.72 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $8,239.50 | $8,239.50 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $5,027.11 | 61.0% |
| TCO Travis County | 0.3758% | $1,817.27 | 22.1% |
| THD Travis Central Health | 0.1180% | $570.66 | 6.9% |
| E08 Travis County ESD # 08 | 0.0930% | $449.74 | 5.5% |
| E16 Travis County ESD # 16 | 0.0775% | $374.72 | 4.5% |
| Total | 1.7041% | $8,239.50 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $483,515 | $483,515 | +0.0% |
| Assessed Value | $483,515 | $483,515 | +0.0% |
| Land Value | $101,930 | $101,930 | +0.0% |
| Improvement Value | $381,585 | $381,585 | +0.0% |
| Taxable Value | $483,515 | $483,515 | +0.0% |
| Total Tax 2026 = estimate |
~$8,240
Estimated
|
~$8,240
Partial
|
|
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $483,515 | $101,930 | $381,585 | — | $483,515 | $483,515 | Not yet — post-cert | Preliminary |
| 2025 | $483,515 | $101,930 | $381,585 | — | $483,515 | $483,515 | ~$8,240 | Partial |
| 2024 | $453,229 | $101,930 | $351,299 | — | $453,229 | $453,229 | $7,596 | Verified |
| 2023 | $514,182 | $101,930 | $412,252 | — | $514,182 | $514,182 | $7,481 | Verified |
| 2022 | $447,617 | $101,930 | $345,687 | — | $447,617 | $447,617 | $7,977 | Verified |
| 2021 | $450,243 | $101,930 | $348,313 | — | $450,243 | $450,243 | $7,349 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | +6.7% | +6.7% | ~100% | Not available | Partial |
| 2024 | -11.9% | -11.9% | ~100% | No billing data | Verified |
| 2023 | +14.9% | +14.9% | ~100% | No billing data | Verified |
| 2022 | -0.6% | -0.6% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +7.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +0.0% | +1.8% | +1.4% | +14.9% | 2023 | -11.9% | 2024 |
| Assessment Ratio | 100.0% | 100.0% | — | 100.0% | 2021 | 100.0% | 2021 |
| Effective Tax Rate (2025) | 1.7000% | 1.7000% | — | 1.7000% | 2025 | 1.7000% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$8,240 | $7,728 | ~$7,913 | $8,240 | 2025 | $7,349 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$490,459 | ~$490,459 | ~1.6590% | ~$8,137 | +1.4% |
| 2028 | ~$497,502 | ~$497,502 | ~1.6140% | ~$8,030 | +2.9% |
| 2029 | ~$504,647 | ~$504,647 | ~1.5689% | ~$7,918 | +4.4% |
| 2030 | ~$511,894 | ~$511,894 | ~1.5239% | ~$7,801 | +5.9% |
| 2031 | ~$519,246 | ~$519,246 | ~1.4788% | ~$7,679 | +7.4% |
| 2027 | ~$480,789 | ~$480,789 | ~1.7041% | ~$8,193 | -0.6% |
| 2028 | ~$478,077 | ~$478,077 | ~1.7041% | ~$8,147 | -1.1% |
| 2029 | ~$475,382 | ~$475,382 | ~1.7041% | ~$8,101 | -1.7% |
| 2030 | ~$472,701 | ~$472,701 | ~1.7041% | ~$8,055 | -2.2% |
| 2031 | ~$470,035 | ~$470,035 | ~1.7041% | ~$8,010 | -2.8% |
| 2027 | ~$500,129 | ~$500,129 | ~1.6365% | ~$8,185 | +3.4% |
| 2028 | ~$517,314 | ~$517,314 | ~1.5689% | ~$8,116 | +7.0% |
| 2029 | ~$535,090 | ~$535,090 | ~1.5014% | ~$8,034 | +10.7% |
| 2030 | ~$553,476 | ~$553,476 | ~1.4338% | ~$7,936 | +14.5% |
| 2031 | ~$572,494 | ~$572,494 | ~1.3662% | ~$7,822 | +18.4% |
In 2025, this property's market value of $483,515 places it in the bottom 25% for Commercial properties in Travis County (13595 comparable) — -65% below the county median of $1,382,921. Commercial here is the broad TCAD category — every commercial property countywide, any size or use — not a use-code-specific peer group. Use the Use Code filter above to narrow to this property's actual type.
| Year | This Property | Bottom 25% | Median | Top 25% | Position | Group YoY |
|---|---|---|---|---|---|---|
| 2025 | $483,515 | $632,506 | $1,382,921 | $3,258,143 | ↓ Bottom 25% | -0.8% |
| 2024 | $453,229 | $647,500 | $1,401,787 | $3,362,090 | ↓ Bottom 25% | +0.0% |
| 2023 | $514,182 | $651,680 | $1,383,015 | $3,277,245 | ↓ Bottom 25% | +9.7% |
| 2022 | $447,617 | $535,964 | $1,190,250 | $2,842,216 | ↓ Bottom 25% | +3.3% |
| 2021 | $450,243 | $538,645 | $1,173,514 | $2,782,974 | ↓ Bottom 25% | base yr |
| Source | What it provides | Coverage for this parcel | Confidence |
|---|---|---|---|
| TCAD Certified Appraisal Roll ↗ | Market, assessed, and taxable value; land/improvement split; exemptions | 2025 | Certified |
| Texas Comptroller Annual Jurisdiction Roll (AJR) | Prior-year market and taxable value | 2021–2024 | Verified |
| TCAD Preliminary Export ↗ | First-look 2026 appraisal value, subject to change at certification | 2026 (exported June 9, 2026; certifies July 25, 2026) | Preliminary |
| Travis County Rates History ↗ | Adopted tax rate for each of this parcel's taxing entities | 1990–2025 | Verified |
| TaxCurOpenData | Current-year (2025) tax billing, by taxing entity | 2025 | Partial |
| PIR bulk billing export | Prior-year tax billing, Travis County Tax Office | 2021, 2022, 2023, 2024 | Verified |
| Satellite imagery (Esri World Imagery) | Aerial view of the parcel | Located by geocoding this parcel's address — may not resolve for every address | — |