1016 S PACE BEND RD TX 78669
| Owner | RIVERA ROBERTO & YOLANDA PEDRAZA |
|---|---|
| Parcel ID | 0554030303 |
| Short ID | 356581 |
| Type | Real |
| Use Code | 03 Triplex |
| Valuation | Income |
| Improvement SF | 2,288 SF |
| Land SF | 21,954 SF |
| Acres | 0.504 |
| Year Built | 1966 |
| Legal | 0.504 AC OF LOT 5 MANSELL ROBERT E SUBD |
| Neighborhood | Q3000 |
| Land | $140,138 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $140,138 |
| Improvement | $203,279 |
|---|---|
| Total Improvement | $203,279 |
| Market | $343,417 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $343,417 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $343,417 |
| Taxable Value | $343,417 |
|---|
Appreciation: Market value has risen +46.8% from $233,982 (2021) to $343,417 (2025), a CAGR of 10.1% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2022), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Multi-Family parcel countywide rose +19.0%, so this parcel has outpaced the broader multi-family 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 $5,852. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.
Asset Class: Multi-family residential. 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 41% of market value ($140,138 land vs $203,279 improvements), about $6/SF of land. Most value sits in the improvements, so building condition, age (~60 yrs), and rent roll drive the underwriting.
Submarket Position: At $343,417, this parcel sits in the bottom quartile (<25th percentile) of Multi-Family property in Travis County — county median $519,086 (P25 $438,150 / P75 $747,031, n=12,570). Multi-Family here is the broad TCAD category — every multi-family 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 +5.8% Base-scenario CAGR (Based on 2021–2026 preliminary trend, projected forward from 2026), the model projects market value near $413,319 by 2031, with an estimated annual tax burden around $6,112. 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.
9 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 2,288 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 2,288 SF | ✗ |
| 051 | CARPORT DET 1ST | 273 SF | ✗ |
| 612 | TERRACE UNCOVERD | 224 SF | ✗ |
| 061 | CARPORT ATT 1ST | 216 SF | ✗ |
| 581 | STORAGE ATT | 184 SF | ✓ |
| 512 | DECK UNCOVRED | 100 SF | ✗ |
| 011 | PORCH OPEN 1ST F | 39 SF | ✗ |
| 251 | BATHROOM | 2 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% | $3,570.51 | $3,570.51 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $1,290.72 | $1,290.72 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $405.31 | $405.31 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $319.43 | $319.43 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $266.15 | $266.15 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $5,852.12 | $5,852.12 | Paid |
| Entity | Tax Rate | Amount Due | Share |
|---|---|---|---|
| ILT Lake Travis ISD | 1.0397% | $3,570.51 | 61.0% |
| TCO Travis County | 0.3758% | $1,290.72 | 22.1% |
| THD Travis Central Health | 0.1180% | $405.31 | 6.9% |
| E08 Travis County ESD # 08 | 0.0930% | $319.43 | 5.5% |
| E16 Travis County ESD # 16 | 0.0775% | $266.15 | 4.5% |
| Total | 1.7041% | $5,852.12 | 100.0% |
| 2026 Preliminary Preliminary | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $310,981 | $343,417 | -9.4% |
| Assessed Value | $310,981 | $343,417 | -9.4% |
| Land Value | $83,966 | $140,138 | -40.1% |
| Improvement Value | $227,015 | $203,279 | +11.7% |
| Taxable Value | $310,981 | $343,417 | -9.4% |
| Total Tax 2026 = estimate |
~$5,299
Estimated
|
~$5,852
Partial
|
ⓘ |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 Pre | $310,981 | $83,966 | $227,015 | — | $310,981 | $310,981 | Not yet — post-cert | Preliminary |
| 2025 | $343,417 | $140,138 | $203,279 | — | $343,417 | $343,417 | ~$5,852 | Partial |
| 2024 | $350,402 | $137,500 | $212,902 | — | $350,402 | $350,402 | $5,246 | Verified |
| 2023 | $380,049 | $137,500 | $242,549 | — | $380,049 | $380,049 | $5,835 | Verified |
| 2022 | $381,427 | $137,500 | $243,927 | — | $381,427 | $381,427 | $6,117 | Verified |
| 2021 | $233,982 | $54,000 | $179,982 | — | $233,982 | $233,982 | $4,287 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -9.4% | -9.4% | ~100% | Not available | Partial |
| 2025 | -2.0% | -2.0% | ~100% | Not available | Partial |
| 2024 | -7.8% | -7.8% | ~100% | No billing data | Verified |
| 2023 | -0.4% | -0.4% | ~100% | No billing data | Verified |
| 2022 | +63.0% | +63.0% | ~100% | No billing data | Verified |
| 2021 | base year | — | ~100% | No billing data | Verified |
| Cumulative market value growth (earliest valid year → 2025): +46.8% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -9.4% | +8.7% | +5.9% | +63.0% | 2022 | -9.4% | 2026 |
| 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 |
$5,852 | $5,468 | ~$5,787 | $6,117 | 2022 | $4,287 | 2021 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2027 | ~$329,188 | ~$329,188 | ~1.6590% | ~$5,461 | +5.9% |
| 2028 | ~$348,461 | ~$348,461 | ~1.6140% | ~$5,624 | +12.1% |
| 2029 | ~$368,863 | ~$368,863 | ~1.5689% | ~$5,787 | +18.6% |
| 2030 | ~$390,459 | ~$390,459 | ~1.5239% | ~$5,950 | +25.6% |
| 2031 | ~$413,319 | ~$413,319 | ~1.4788% | ~$6,112 | +32.9% |
| 2027 | ~$322,968 | ~$322,968 | ~1.7041% | ~$5,504 | +3.9% |
| 2028 | ~$335,418 | ~$335,418 | ~1.7041% | ~$5,716 | +7.9% |
| 2029 | ~$348,348 | ~$348,348 | ~1.7041% | ~$5,936 | +12.0% |
| 2030 | ~$361,775 | ~$361,775 | ~1.7041% | ~$6,165 | +16.3% |
| 2031 | ~$375,721 | ~$375,721 | ~1.7041% | ~$6,403 | +20.8% |
| 2027 | ~$335,408 | ~$335,408 | ~1.6365% | ~$5,489 | +7.9% |
| 2028 | ~$361,753 | ~$361,753 | ~1.5689% | ~$5,676 | +16.3% |
| 2029 | ~$390,168 | ~$390,168 | ~1.5014% | ~$5,858 | +25.5% |
| 2030 | ~$420,814 | ~$420,814 | ~1.4338% | ~$6,034 | +35.3% |
| 2031 | ~$453,868 | ~$453,868 | ~1.3662% | ~$6,201 | +45.9% |
In 2025, this property's market value of $343,417 places it in the bottom 25% for Multi-Family properties in Travis County (12570 comparable) — -34% below the county median of $519,086. Multi-Family here is the broad TCAD category — every multi-family 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 | $343,417 | $438,150 | $519,086 | $747,031 | ↓ Bottom 25% | -7.5% |
| 2024 | $350,402 | $467,312 | $564,206 | $847,583 | ↓ Bottom 25% | -6.3% |
| 2023 | $380,049 | $503,694 | $616,727 | $918,308 | ↓ Bottom 25% | +0.9% |
| 2022 | $381,427 | $506,269 | $614,560 | $904,074 | ↓ Bottom 25% | +39.0% |
| 2021 | $233,982 | $353,349 | $436,046 | $657,886 | ↓ 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 | — |