914 S PACE BEND RD TX 78669
| Owner | IMAGES UNLIMITED INC |
|---|---|
| Parcel ID | 0556030102 |
| Short ID | 356787 |
| Type | Real |
| Use Code | 63 Mini-Warehouse / Self-Storage |
| Valuation | Income |
| Improvement SF | 37,056 SF |
| Land SF | 189,050 SF |
| Acres | 4.340 |
| Year Built | 2023 |
| Legal | LOT 2 MANSELL ROBERT E SUBD |
| Neighborhood | 61SWE |
| Land | $179,848 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $179,848 |
| Improvement | $2,620,001 |
|---|---|
| Total Improvement | $2,620,001 |
| Market | $2,799,849 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $2,799,849 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $2,799,849 |
| Taxable Value | $2,799,849 |
|---|
Appreciation: Market value has risen +2756.7% from $98,010 (2021) to $2,799,849 (2025), a CAGR of 131.2% over 4 years. This is strong appreciation — well above typical inflation. Most of this growth came in a single year (2021→2025), not a steady climb — worth checking what drove that reappraisal rather than assuming a smooth trend. Over the same span, the median Land/Vacant parcel countywide rose +487.2%, so this parcel has outpaced the broader land/vacant 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 $47,712. Lake Travis ISD is the largest single contributor, at 61.0% of the total 2025 levy.
Asset Class: Land / Vacant. 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 6% of market value ($179,848 land vs $2,620,001 improvements), about $1/SF of land. Most value sits in the improvements, so building condition, age (~3 yrs), and rent roll drive the underwriting.
Submarket Position: At $2,799,849, this parcel sits in the top quartile (≥75th percentile) of Land/Vacant property in Travis County — county median $85,028 (P25 $24,862 / P75 $363,420, n=35,611). Land/Vacant here is the broad TCAD category — every land/vacant 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 +131.2% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $184,911,910 by 2030, with an estimated annual tax burden around $2,734,548. 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.
4 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 551 | PAVED AREA | 65,100 SF | ✗ |
| 1ST | 1st Floor | 37,056 SF | ✓ |
| 501 | CANOPY | 16,886 SF | ✗ |
| 541 | FENCE COMM LF | 1,260 SF | ✗ |
Market value changed by 2553% in 2024, flagged as unusually large. Verify against comparable sales before using this value in underwriting.
| 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% | $29,110.03 | $29,110.03 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $10,523.09 | $10,523.09 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $3,304.47 | $3,304.47 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $2,604.28 | $2,604.28 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $2,169.88 | $2,169.88 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $47,711.75 | $47,711.75 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $2,875,588 | $2,799,849 | +2.7% |
| Assessed Value | $2,875,588 | $2,799,849 | +2.7% |
| Land Value | $179,848 | $179,848 | +0.0% |
| Improvement Value | $2,695,740 | $2,620,001 | +2.9% |
| Taxable Value | $2,875,588 | $2,799,849 | +2.7% |
| Total Tax 2026 = estimate |
~$49,002
Estimated
|
~$47,712
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $2,875,588 | $2,875,588 | +0 (+0.0%) |
| Taxable Value | $2,875,588 | $2,875,588 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $2,875,588 | $179,848 | $2,695,740 | — | $2,875,588 | $2,875,588 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $2,799,849 | $179,848 | $2,620,001 | — | $2,799,849 | $2,799,849 | ~$47,712 | Partial |
| 2024 | $— | — | — | — | $81,831 | $— | $42,533 | Verified |
| 2023 | $— | — | — | — | $98,010 | $— | $1,601 | Verified |
| 2022 | $— | — | — | — | $98,010 | $— | $1,747 | Verified |
| 2021 | $98,010 | — | — | — | $98,010 | $— | $1,847 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | +2.7% | +2.7% | ~100% | Not available | Partial |
| 2025 | +7.7% | +10.3% | ~100% | Not available | Partial |
| 2024 | +2552.8% ! | +2489.3% | 97.6% | 1.6400% | Verified |
| 2023 | +0.0% | +0.0% | ~100% | 1.6300% | Verified |
| 2022 | +0.0% | +0.0% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.8800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +2756.7% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | +2.7% | +1379.7% | +130.0% | +2756.7% | 2025 | +2.7% | 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 |
$47,712 | $24,779 | ~$969,023 | $47,712 | 2025 | $1,847 | 2021 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$6,472,926 | ~$6,472,926 | ~1.6590% | ~$107,388 | +131.2% |
| 2027 | ~$14,964,655 | ~$14,964,655 | ~1.6140% | ~$241,527 | +434.5% |
| 2028 | ~$34,596,549 | ~$34,596,549 | ~1.5689% | ~$542,798 | +1135.7% |
| 2029 | ~$79,983,210 | ~$79,983,210 | ~1.5239% | ~$1,218,854 | +2756.7% |
| 2030 | ~$184,911,910 | ~$184,911,910 | ~1.4788% | ~$2,734,548 | +6504.4% |
| 2026 | ~$6,416,929 | ~$6,416,929 | ~1.7041% | ~$109,350 | +129.2% |
| 2027 | ~$14,706,858 | ~$14,706,858 | ~1.7041% | ~$250,617 | +425.3% |
| 2028 | ~$33,706,414 | ~$33,706,414 | ~1.7041% | ~$574,385 | +1103.9% |
| 2029 | ~$77,251,195 | ~$77,251,195 | ~1.7041% | ~$1,316,424 | +2659.1% |
| 2030 | ~$177,050,784 | ~$177,050,784 | ~1.7041% | ~$3,017,092 | +6223.6% |
| 2026 | ~$6,528,923 | ~$6,528,923 | ~1.6365% | ~$106,846 | +133.2% |
| 2027 | ~$15,224,692 | ~$15,224,692 | ~1.5689% | ~$238,866 | +443.8% |
| 2028 | ~$35,502,218 | ~$35,502,218 | ~1.5014% | ~$533,017 | +1168.0% |
| 2029 | ~$82,787,057 | ~$82,787,057 | ~1.4338% | ~$1,186,992 | +2856.8% |
| 2030 | ~$193,049,820 | ~$193,049,820 | ~1.3662% | ~$2,637,477 | +6795.0% |
In 2025, this property's market value of $2,799,849 places it in the top 25% for Land/Vacant properties in Travis County (35611 comparable) — 33× the county median of $85,028. Land/Vacant here is the broad TCAD category — every land/vacant 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 | $2,799,849 | $24,862 | $85,028 | $363,420 | ↑ Top 25% | +2.1% |
| 2024 | — | $23,000 | $66,000 | $330,000 | — | +0.0% |
| 2023 | — | $25,000 | $71,500 | $271,439 | — | +0.0% |
| 2022 | — | $15,000 | $55,000 | $180,463 | — | +100.0% |
| 2021 | $98,010 | $6,000 | $14,480 | $80,000 | ↑ 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.