801 S PACE BEND RD TX 78669
| Owner | PHX15 LLC |
|---|---|
| Parcel ID | 0556030302 |
| Short ID | 467281 |
| Type | Real |
| Use Code | 32 Restaurant |
| Valuation | Income |
| Improvement SF | 1,113 SF |
| Land SF | 43,560 SF |
| Acres | 1.000 |
| Year Built | 1972 |
| Legal | ABS 2455 SUR 512 BAILEY T B ACR 1 |
| Neighborhood | 32SWE |
| Land | $98,010 |
|---|---|
| Special Use Land Market | Not Available |
| Total Land | $98,010 |
| Improvement | $478,811 |
|---|---|
| Total Improvement | $478,811 |
| Market | $576,821 |
|---|---|
| Special Use Exclusion (−) | Not Available |
| Appraised | $576,821 |
| Value Limitation Adjustment (−) | — |
| Net Appraised (assessed) | $576,821 |
| Taxable Value | $576,821 |
|---|
Appreciation: Market value has risen +27.7% from $451,736 (2021) to $576,821 (2025), a CAGR of 6.3% over 4 years. This represents moderate, steady growth. Growth has been fairly evenly spread across these years rather than concentrated in one jump. Over the same span, the median Commercial parcel countywide rose +24.1%, so this parcel has outpaced 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 $9,830. 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 17% of market value ($98,010 land vs $478,811 improvements), about $2/SF of land. Most value sits in the improvements, so building condition, age (~54 yrs), and rent roll drive the underwriting.
Submarket Position: At $576,821, this parcel sits in the bottom quartile (<25th percentile) of Commercial property in Travis County — county median $1,417,484 (P25 $649,268 / P75 $3,347,260, n=13,608). 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 +6.3% Base-scenario CAGR (Based on 2021–2025 certified trend, projected forward from 2025), the model projects market value near $782,954 by 2030, with an estimated annual tax burden around $11,579. 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.
6 components · show ▾hide ▴
| Code | Description | SF | In Gross |
|---|---|---|---|
| 1ST | 1st Floor | 1,113 SF | ✓ |
| 541 | FENCE COMM LF | 650 SF | ✗ |
| 501 | CANOPY | 513 SF | ✗ |
| 611 | TERRACE | 368 SF | ✗ |
| 881 | COMMCL FINISHOUT | 360 SF | ✓ |
| 327 | STORAGE COMM'L | 252 SF | ✓ |
Market value changed by 83% in 2026, 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% | $5,997.21 | $5,997.21 | Paid |
| TCO Travis County | 0.3574% | 0.3182% | 0.3047% | 0.3444% | 0.3758% | +0.0314% | $2,167.95 | $2,167.95 | Paid |
| THD Travis Central Health | 0.1118% | 0.0987% | 0.1007% | 0.1080% | 0.1180% | +0.0101% | $680.78 | $680.78 | Paid |
| E08 Travis County ESD # 08 | 0.0970% | 0.0790% | 0.0810% | 0.0830% | 0.0930% | +0.0100% | $536.53 | $536.53 | Paid |
| E16 Travis County ESD # 16 | 0.0880% | 0.0740% | 0.0730% | 0.0750% | 0.0775% | +0.0025% | $447.04 | $447.04 | Paid |
| Combined Rate | 1.8843% | 1.7820% | 1.6334% | 1.6760% | 1.7041% | +0.0281% | $9,829.51 | $9,829.51 | Paid |
| 2026 Certified Certified | 2025 Certified Certified | Change 2025→2026 | |
|---|---|---|---|
| Market Value | $98,010 | $576,821 | -83.0% |
| Assessed Value | $98,010 | $576,821 | -83.0% |
| Land Value | $98,010 | $98,010 | +0.0% |
| Improvement Value | — | $478,811 | — |
| Taxable Value | $98,010 | $576,821 | -83.0% |
| Total Tax 2026 = estimate |
~$1,670
Estimated
|
~$9,830
Partial
|
ⓘ |
| 2026 Preliminary Preliminary | 2026 Certified Certified | Change | |
|---|---|---|---|
| Market Value | $98,010 | $98,010 | +0 (+0.0%) |
| Taxable Value | $98,010 | $98,010 | +0 (+0.0%) |
| Year | Market Value | Land Value | Imprv Value | Value Limitation Adj (−) | Net Appraised (Assessed) | Taxable Value | Total Tax | Source |
|---|---|---|---|---|---|---|---|---|
| 2026 | $98,010 | $98,010 | — | — | $98,010 | $98,010 | Not yet — post-cert | Certified — no billing yet |
| 2025 | $576,821 | $98,010 | $478,811 | — | $576,821 | $576,821 | ~$9,830 | Partial |
| 2024 | $414,781 | — | — | −$316,771 | $98,010 | $— | $10,151 | Verified |
| 2023 | $401,842 | — | — | −$303,832 | $98,010 | $— | $6,775 | Verified |
| 2022 | $402,358 | — | — | −$304,348 | $98,010 | $— | $7,161 | Verified |
| 2021 | $451,736 | — | — | −$353,726 | $98,010 | $— | $7,582 | Verified |
| Year | MktVal YoY | Assessed YoY | Asmt Ratio | Eff. Tax Rate | Coverage |
|---|---|---|---|---|---|
| 2026 | -83.0% ! | -83.0% | ~100% | Not available | Partial |
| 2025 | -4.8% | -4.8% | ~100% | Not available | Partial |
| 2024 | +46.0% | +46.0% | ~100% | 1.6800% | Verified |
| 2023 | +3.2% | +3.2% | ~100% | 1.6300% | Verified |
| 2022 | -0.1% | -0.1% | ~100% | 1.7800% | Verified |
| 2021 | base year | — | ~100% | 1.6800% | Verified |
| Cumulative market value growth (earliest valid year → 2025): +43.4% | |||||
| 12 Month | Hist. Avg | Forecast Avg | Peak | When | Trough | When | |
|---|---|---|---|---|---|---|---|
| Market Value Growth | -83.0% | -10.3% | +110.2% | +39.1% | 2025 | -83.0% | 2026 |
| Assessment Ratio | 100.0% | 49.0% | — | 100.0% | 2025 | 21.7% | 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 |
$9,830 | $8,300 | ~$10,873 | $10,151 | 2024 | $6,775 | 2023 |
| Year | ~Mkt Value | ~Assessed | ~Rate | ~Ann. Tax | Value Δ |
|---|---|---|---|---|---|
| 2026 | ~$613,169 | ~$613,169 | ~1.6590% | ~$10,173 | +6.3% |
| 2027 | ~$651,807 | ~$651,807 | ~1.6140% | ~$10,520 | +13.0% |
| 2028 | ~$692,880 | ~$692,880 | ~1.5689% | ~$10,871 | +20.1% |
| 2029 | ~$736,542 | ~$736,542 | ~1.5239% | ~$11,224 | +27.7% |
| 2030 | ~$782,954 | ~$782,954 | ~1.4788% | ~$11,579 | +35.7% |
| 2026 | ~$601,633 | ~$601,633 | ~1.7041% | ~$10,252 | +4.3% |
| 2027 | ~$627,511 | ~$627,511 | ~1.7041% | ~$10,693 | +8.8% |
| 2028 | ~$654,503 | ~$654,503 | ~1.7041% | ~$11,153 | +13.5% |
| 2029 | ~$682,656 | ~$682,656 | ~1.7041% | ~$11,633 | +18.3% |
| 2030 | ~$712,020 | ~$712,020 | ~1.7041% | ~$12,133 | +23.4% |
| 2026 | ~$624,705 | ~$624,705 | ~1.6365% | ~$10,223 | +8.3% |
| 2027 | ~$676,565 | ~$676,565 | ~1.5689% | ~$10,615 | +17.3% |
| 2028 | ~$732,729 | ~$732,729 | ~1.5014% | ~$11,001 | +27.0% |
| 2029 | ~$793,556 | ~$793,556 | ~1.4338% | ~$11,378 | +37.6% |
| 2030 | ~$859,433 | ~$859,433 | ~1.3662% | ~$11,742 | +49.0% |
In 2025, this property's market value of $576,821 places it in the bottom 25% for Commercial properties in Travis County (13608 comparable) — -59% below the county median of $1,417,484. 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 | $576,821 | $649,268 | $1,417,484 | $3,347,260 | ↓ Bottom 25% | -0.8% |
| 2024 | $414,781 | $661,016 | $1,438,465 | $3,471,171 | ↓ Bottom 25% | +0.0% |
| 2023 | $401,842 | $667,828 | $1,414,358 | $3,374,900 | ↓ Bottom 25% | +9.7% |
| 2022 | $402,358 | $553,066 | $1,215,730 | $2,939,150 | ↓ Bottom 25% | +3.3% |
| 2021 | $451,736 | $517,750 | $1,142,600 | $2,780,453 | ↓ Bottom 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.