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2515 S PACE BEND RD TX 78669

Travis County, TX · Residential (Single-Family) Appraisal: 2025 Certified Billing: 2025 Partial 2021–24 billing ✓
2025 Certified
Market Value
$1,006,223
2025 Verified
Taxable Value
$1,006,223
2025 Verified
Total Tax
~$17,147
2025 Partial
Effective Tax Rate (2025)
1.7000%
2025 Tax ÷ 2025 Market Value Partial
2026 Preliminary
Market Value
$930,768
-7.5% 2025 → 2026 Preliminary
Taxable Value
$930,768
2026 Preliminary
Est. 2026 Total Tax
~$15,861
2026 Estimated
Est. 2026 Effective Tax Rate
1.7041%
Est. 2026 Tax ÷ 2026 Market Value Estimated
Overview History Projection Position
2026 Property Tax Calendar Today: July 21, 2026
Valuation Date
Jan 1
Notices Mailed
Apr 15
Protest DeadlineYou are here
May 15
4 days to next
Roll Certified
Jul 25
This parcel's 2026 values are still Preliminary as of today.
Rates Adopted
Sep 1
Bills Mailed
Oct 1
Payment Due
Jan 31
Property Info
Owner ZHU LEI
Parcel ID 0550050206
Short ID 557268
Type Real
Use Code 04 Fourplex
Valuation Income
Improvement SF 6,480 SF
Land SF 87,338 SF
Acres 2.005
Year Built 1999
Legal ABS 2459 SUR 52 COLLIER J A ACR 2.0050
Neighborhood Q4003
Current Values 2025 Certified
Land$200,450
Special Use Land MarketNot Available
Total Land $200,450
Improvement$805,773
Total Improvement $805,773
Market$1,006,223
Special Use Exclusion (−)Not Available
Appraised$1,006,223
Value Limitation Adjustment (−)
Net Appraised (assessed) $1,006,223
Taxable Value $1,006,223
Build-up from 2025 TCAD certified values. Land and Improvement are shown as single totals — Parcelytics' loaders capture one aggregate value per year, not TCAD's Homesite / Non-Homesite split. Special Use Land Market and Special Use Exclusion (agricultural/productivity valuation) are not in the current dataset.
Satellite View Imagery: Esri
Satellite image not available
We couldn't locate this property on the map — this can happen for parcels whose address our geocoder can't confidently match.
Investor Insight Report

Appreciation: Market value has fallen -0.2% from $1,007,869 (2021) to $1,006,223 (2025), a CAGR of -0.0% over 4 years. Growth has been relatively flat for this asset class. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Residential parcel countywide rose +23.1%, so this parcel has lagged the broader residential 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 $17,147. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.

Homestead Cap History: This property had an active homestead cap as recently as 2024 ($277,994, ~27.6% of market value at the time). The cap has since reset or expired. Verified clear — 2025 Certified Historical data from AJR 2021–2024 (Partial confidence). Current status confirmed by 2025 TCAD Certified Export.

Asset Class: Single-family residential. Buyer should verify which exemptions carry and which reset at sale. 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.


Investment Snapshot — 2025 certified basis
Building (Main)
6,480 SF
living area
Gross Building
7,362 SF
enclosed area
Land
87,338 SF
2.005 ac
Value / Bldg SF
$155
all-in (incl. land)
Land $/SF
$2
land value only
Land Value Share
20%
Year Built
1999
~27 yrs old
Eff. Tax Rate
1.700%
total tax ÷ market value
Est. Annual Tax
$17,147
2025 taxable × rate

Value Composition: Land carries 20% of market value ($200,450 land vs $805,773 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~27 yrs), and rent roll drive the underwriting.

Submarket Position: At $1,006,223, this parcel sits in the top quartile (≥75th percentile) of Residential property in Travis County — county median $477,804 (P25 $357,304 / P75 $734,387, n=318,609). Residential here is the broad TCAD category — every residential 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 -1.6% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $859,565 by 2031, with an estimated annual tax burden around $12,712. 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.

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Improvement Detail
Improvement Value
$805,773
Main Area
6,480 SF
Gross Building Area
7,362 SF
Year Built
1999
TCAD's page also shows Class CD, Exterior Wall, Number of Units, and EFF Year Built per component, plus an "Improvement Features" block (Foundation, Roof Style, Roof Covering, etc.) — not in Parcelytics' current dataset (see footer), so left out here rather than guessed.
7 components · show ▾hide ▴
Code Description SF In Gross
095 HVAC RESIDENTIAL 6,480 SF
2ND 2nd Floor 3,810 SF
1ST 1st Floor 2,670 SF
041 GARAGE ATT 1ST F 874 SF
011 PORCH OPEN 1ST F 266 SF
251 BATHROOM 5 SF
252 BEDROOMS 3 SF
Post-Acquisition Tax Estimate Estimate · Not a prediction
Property: 6,480 SF main area · 7,362 SF gross · 2.005 ac lot
$

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.

Rate Environment
Historical Tax Rates by Entity (Travis County)
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% $10,461.70 $10,461.70 Paid
TCO Travis County 0.3574% 0.3182% 0.3047% 0.3444% 0.3758% +0.0314% $3,781.84 $3,781.84 Paid
THD Travis Central Health 0.1118% 0.0987% 0.1007% 0.1080% 0.1180% +0.0101% $1,187.57 $1,187.57 Paid
E08 Travis County ESD # 08 0.0970% 0.0790% 0.0810% 0.0830% 0.0930% +0.0100% $935.94 $935.94 Paid
E16 Travis County ESD # 16 0.0880% 0.0740% 0.0730% 0.0750% 0.0775% +0.0025% $779.82 $779.82 Paid
Combined Rate 1.8843% 1.7820% 1.6334% 1.6760% 1.7041% +0.0281% $17,146.87 $17,146.87 Paid
2025 Tax Burden — Entity Split
ILT
61.0% $10,462
TCO
22.1% $3,782
THD
6.9% $1,188
E08
5.5% $936
E16
4.5% $780
Total: $17,147
2025 Tax by Entity — Rate, Amount & Share
Entity Tax Rate Amount Due Share
ILT Lake Travis ISD 1.0397% $10,461.70 61.0%
TCO Travis County 0.3758% $3,781.84 22.1%
THD Travis Central Health 0.1180% $1,187.57 6.9%
E08 Travis County ESD # 08 0.0930% $935.94 5.5%
E16 Travis County ESD # 16 0.0775% $779.82 4.5%
Total 1.7041% $17,146.87 100.0%
Value History 2021–2026
Current & Preliminary Values
2026 Preliminary Preliminary 2025 Certified Certified Change 2025→2026
Market Value $930,768 $1,006,223 -7.5%
Assessed Value $930,768 $1,006,223 -7.5%
Land Value $200,433 $200,450 -0.0%
Improvement Value $730,335 $805,773 -9.4%
Taxable Value $930,768 $1,006,223 -7.5%
HS Cap Loss -$277,994 (2024)
Total Tax 2026 = estimate
~$15,861
Estimated
~$17,147
Partial
Value History (2021–2026)
Year Market Value Land Value Imprv Value Value Limitation Adj (−) Net Appraised (Assessed) Taxable Value Total Tax Source
2026 Pre $930,768 $200,433 $730,335 $930,768 $930,768 Not yet — post-cert Preliminary
2025 $1,006,223 $200,450 $805,773 $1,006,223 $1,006,223 ~$17,147 Partial
2024 $1,030,533 $200,450 $830,083 $1,030,533 $1,030,533 $17,272 Verified
2023 $913,763 $200,450 $713,313 $913,763 $913,763 $14,926 Verified
2022 $930,720 $200,450 $730,270 $930,720 $930,720 $16,586 Verified
2021 $1,007,869 $80,183 $927,686 $1,007,869 $1,007,869 $15,093 Verified
Value Trend
Year-over-Year Growth & Assessment Metrics
Year MktVal YoY Assessed YoY Asmt Ratio Eff. Tax Rate Coverage
2026 -7.5% -7.5% ~100% Not available Partial
2025 -2.4% -2.4% ~100% Not available Partial
2024 +12.8% +12.8% ~100% No billing data Verified
2023 -1.8% -1.8% ~100% No billing data Verified
2022 -7.7% -7.7% ~100% No billing data Verified
2021 base year ~100% No billing data Verified
Cumulative market value growth (earliest valid year → 2025): -0.2%
Annual Trends Tax billing 2025 only
Risk Indicators
Risk Indicators
No risk indicators flagged

No large value jumps, delinquencies, or data anomalies found for this parcel.

6-Year Projection Estimates Only
5-Year Tax Projection — Scenario Bands Estimates Only
Show illustrative scenario:
Year ~Mkt Value ~Assessed ~Rate ~Ann. Tax Value Δ
2027 ~$916,071 ~$916,071 ~1.6590% ~$15,198 -1.6%
2028 ~$901,605 ~$901,605 ~1.6140% ~$14,552 -3.1%
2029 ~$887,368 ~$887,368 ~1.5689% ~$13,922 -4.7%
2030 ~$873,356 ~$873,356 ~1.5239% ~$13,309 -6.2%
2031 ~$859,565 ~$859,565 ~1.4788% ~$12,712 -7.6%
Submarket Position
Where This Property Stands — Residential Benchmark

In 2025, this property's market value of $1,006,223 places it in the top 25% for Residential properties in Travis County (318609 comparable) — +111% above the county median of $477,804. Residential here is the broad TCAD category — every residential 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 $1,006,223 $357,304 $477,804 $734,387 ↑ Top 25% -6.4%
2024 $1,030,533 $383,835 $511,706 $784,223 ↑ Top 25% -8.7%
2023 $913,763 $423,669 $564,806 $843,567 ↑ Top 25% -2.0%
2022 $930,720 $433,330 $580,003 $860,890 ↑ Top 25% +53.1%
2021 $1,007,869 $281,915 $388,138 $576,451 ↑ Top 25% base yr
Documents & Sources
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