502 GRACE LN TX 78746
| Owner | DOVE MONTE L & DOLORES L |
|---|---|
| Parcel ID | 0121340121 |
| Short ID | 521480 |
| Type | Real |
| Use Code | 02 Duplex |
| Valuation | Cost |
| Improvement SF | 1,502 SF |
| Land SF | 163,437 SF |
| Acres | 3.752 |
| Year Built | 1978 |
| Legal | IMPS ONLY ABS 734 SUR 499 SERGEANT W ACR 3.752 |
| Neighborhood | N8905 |
| Land | $312,432 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $312,432 |
| Improvement | $584,339 |
|---|---|
| Total Improvement | $584,339 |
| Market | $1,043,307 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $1,043,307 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $1,043,307 |
| Exemptions (−) (HS,OV65) | −$322,574 |
|---|---|
| Taxable Value | $720,733 |
Appreciation: Market value has risen +45.4% from $717,616 (2021) to $1,043,307 (2025), a CAGR of 9.8% over 4 years. This is strong appreciation — well above typical inflation. 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 Multi-Family parcel countywide rose +37.9%, so this parcel has outpaced the broader multi-family market over the same period.
Tax Burden: The combined rate across 4 taxing entities is 1.4261% in 2025 (-0.0118% vs 2024 — rates decreased ). At the current taxable value, estimated annual taxes are $10,278. Travis County is the largest single contributor, at 46.9% of the total 2025 levy.
Asset Class: Multi-family residential. This is valued using the cost approach, tied more to replacement cost and physical condition than to income performance.
Value Composition: Land carries 30% of market value ($312,432 land vs $584,339 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~48 yrs), and rent roll drive the underwriting.
Submarket Position: At $1,043,307, this parcel sits in the top quartile (≥75th percentile) of Multi-Family property in Travis County — county median $519,778 (P25 $438,669 / P75 $749,859, n=12,584). 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 +9.8% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $1,665,567 by 2030, with an estimated annual tax burden around $19,507. 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 | 1,502 SF | ✓ |
| 095 | HVAC RESIDENTIAL | 1,502 SF | ✗ |
| 061 | CARPORT ATT 1ST | 632 SF | ✗ |
| SO | Sketch Only | 311 SF | ✗ |
| 512 | DECK UNCOVRED | 187 SF | ✗ |
| 581 | STORAGE ATT | 96 SF | ✓ |
| 011 | PORCH OPEN 1ST F | 32 SF | ✗ |
| 251 | BATHROOM | 2 SF | ✓ |
| 522 | FIREPLACE | 2 SF | ✓ |
| Unit (prop_id) | Owner | Address | Market Value | Assessed Value | Taxable Value |
|---|---|---|---|---|---|
| 521480 | DOVE DOLORES LAVERNE LIFE ESTATE | 502 GRACE LN 78746 | $1,118,469 | $986,448 | $643,889 |
| 534871 | DOVE MONTE L & DOLORES L | 502 GRACE LN 78746 | $146,536 | $146,536 | $146,536 |
No large value jumps, delinquencies, or data anomalies found for this parcel.
| Entity | 2021 Rate | 2022 Rate | 2023 Rate | 2024 Rate | 2025 Rate | YoY (2024→25) | Amt Due | Amt Paid | Balance |
|---|---|---|---|---|---|---|---|---|---|
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,708.84 | $2,708.84 | Paid |
| IEA Eanes ISD | 1.0608% | 1.0046% | 0.8880% | 0.8855% | 0.8322% | -0.0533% | $1,219.47 | $1,219.47 | Paid |
| E10 Travis County ESD # 10 | 0.1000% | 0.1000% | 0.1000% | 0.1000% | 0.1000% | +0.0000% | $1,043.31 | $1,043.31 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $801.09 | $801.09 | Paid |
| Combined Rate | 1.6300% | 1.5215% | 1.3933% | 1.4379% | 1.4261% | -0.0118% | $5,772.71 | $5,772.71 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $1,265,005 | $1,043,307 | +21.2% |
| Assessed Value | $1,132,984 | $1,043,307 | +8.6% |
| Land Value | $516,690 | $312,432 | +65.4% |
| Improvement Value | $601,779 | $584,339 | +3.0% |
| Taxable Value | $790,425 | $720,733 | +9.7% |
| Exemptions | HS,OV65 | HS,OV65 | |
| HS Cap Loss | -$132,021 | — | |
| Total Tax 2026 = estimate |
~$11,272
Estimated
|
~$5,773
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $1,265,005 | $1,265,005 | +0 (+0.0%) |
| Taxable Value | $792,474 | $790,425 | -2,049 (-0.3%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $1,265,005 | $516,690 | $601,779 | −$132,021 | $1,132,984 | $790,425 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $1,043,307 | $312,432 | $584,339 | — | $1,043,307 | $720,733 | ~$5,773 | Partial |
| 2024 | $1,604,920 | — | — | −$1,304,920 | $300,000 | $— | $6,109 | Verified |
| 2023 | $1,566,772 | — | — | −$1,266,772 | $300,000 | $— | $6,775 | Verified |
| 2022 | $776,613 | — | — | −$476,613 | $300,000 | $— | $8,547 | Verified |
| 2021 | $717,616 | — | — | −$477,616 | $240,000 | $— | $5,741 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +0.0% | +0.0% | ~100% | Not available | Partial |
| 2025 | -28.7% | -28.7% | ~100% | Not available | Partial |
| 2024 | -30.4% | -30.4% | ~100% | 0.4300% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 0.4200% | Verified |
| 2022 | -56.0% | -52.1% | ~100% | 0.5500% | Verified |
| 2021 | base year | — | 91.7% | 0.8000% | Verified |
| Cumulative market value growth (earliest valid year → 2025): -78.2% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +21.2% | +19.7% | +6.0% | +101.7% | 2023 | -35.0% | 2025 |
| Assessment Ratio | 89.6% | 49.9% | — | 100.0% | 2025 | 18.7% | 2024 |
| Effective Tax Rate (2025) | 1.4300% | 1.4300% | — | 1.4300% | 2025 | 1.4300% | 2025 |
|
Tax Amount
⚑ 2025 total is a derived or partial figure, not independently confirmed |
$5,773 | $6,589 | ~$17,608 | $8,547 | 2022 | $5,741 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$1,145,624 | ~$1,145,624 | ~1.3751% | ~$15,753 | +9.8% |
| 2027 | ~$1,257,975 | ~$1,257,975 | ~1.3241% | ~$16,657 | +20.6% |
| 2028 | ~$1,381,345 | ~$1,381,345 | ~1.2731% | ~$17,586 | +32.4% |
| 2029 | ~$1,516,813 | ~$1,516,813 | ~1.2222% | ~$18,538 | +45.4% |
| 2030 | ~$1,665,567 | ~$1,665,567 | ~1.1712% | ~$19,507 | +59.6% |
| 2026 | ~$1,124,758 | ~$1,124,758 | ~1.4261% | ~$16,040 | +7.8% |
| 2027 | ~$1,212,568 | ~$1,212,568 | ~1.4261% | ~$17,292 | +16.2% |
| 2028 | ~$1,307,233 | ~$1,307,233 | ~1.4261% | ~$18,642 | +25.3% |
| 2029 | ~$1,409,288 | ~$1,409,288 | ~1.4261% | ~$20,097 | +35.1% |
| 2030 | ~$1,519,311 | ~$1,519,311 | ~1.4261% | ~$21,666 | +45.6% |
| 2026 | ~$1,166,490 | ~$1,147,638 | ~1.3496% | ~$15,489 | +11.8% |
| 2027 | ~$1,304,218 | ~$1,262,401 | ~1.2731% | ~$16,072 | +25.0% |
| 2028 | ~$1,458,207 | ~$1,388,642 | ~1.1967% | ~$16,617 | +39.8% |
| 2029 | ~$1,630,377 | ~$1,527,506 | ~1.1202% | ~$17,111 | +56.3% |
| 2030 | ~$1,822,875 | ~$1,680,256 | ~1.0437% | ~$17,537 | +74.7% |
In 2025, this property's market value of $1,043,307 places it in the top 25% for Multi-Family properties in Travis County (12584 comparable) — +101% above the county median of $519,778. 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 | $1,043,307 | $438,669 | $519,778 | $749,859 | ↑ Top 25% | -7.5% |
| 2024 | $1,604,920 | $467,458 | $564,615 | $848,565 | ↑ Top 25% | -6.3% |
| 2023 | $1,566,772 | $503,905 | $617,035 | $919,932 | ↑ Top 25% | +0.9% |
| 2022 | $776,613 | $506,618 | $615,058 | $906,429 | ↑ Above median | +39.1% |
| 2021 | $717,616 | $300,453 | $376,850 | $539,896 | ↑ Top 25% | base yr |
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.