$675,000
SOLD SEP 8, 2020
Last list price

1502 Pace Bend Rd S Spicewood, TX 78669

7.92 Acres
$85,227 Price per Acre
344,995 Sq Ft Lot

Recently Sold

52 Days on Market

Highlights

  • Panoramic View
  • Lake Travis Middle School Rated A
  • Wooded Lot

About This Lot

As of September 2020

Beautiful homesites with large trees, views of the Pedernales River. The homesite property has a grotto, stalagmites, and fossils for the nature lover located right on the Pedernales River. Possible condo subdivision. Watch the drone footage to be inside the cave. https://vimeo.com/338717202 Investor opportunity as an Air BNB property with homes, cabins, or airstreams. Two slip boat dock with AC room.

Last Agent to Sell the Property

Christine Emanuel

Engel & Volkers Austin License #0682255 Listed on: 06/02/2020

Engel & Volkers Austin

Last Buyer's Agent

Letisha Scharff

WoW Properties License #0554422

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,644

Lot Details

  • Wooded Lot

Property Views

  • Lake
  • Panoramic
  • Hills

Utilities

  • Electricity To Lot Line
  • Well
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 05520301010000
  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$22,644

Lot Details

0

Listing Details

  • Property Type: Lot
  • Property Sub Type: Single Lot
  • Architect Approved: No
  • Builder Restricted: No
  • Buildings List: Storage Shed
  • E T J: Yes
  • Restrictions: Yes
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Lot Size: 85195.00
  • Special Features: None

Interior Features

  • View: Hill Country, Lake/River, Panoramic, See Agent
  • Improvements: See Agent, Well - Private

Exterior Features

  • Trees: Large (Over 40 Ft)
  • Waterfront: Yes
  • Waterfront Description: Lake
  • Horses Allowed On Property: No
  • Water Access: Yes
  • Water Access Description: Boat Lift, Dock Available, See Agent
  • Soil Type: See Agent
  • Livestock: No
  • Body Of Water: Pedernales River
  • Easements: Non Visible

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity On Property, Phone Available
  • Water Source: Well On Property

Condo/Co-op/Association

  • Gated Community: No
  • HOA: No

Schools

  • School District: Lake Travis ISD
  • School District: Lake Travis ISD
  • Elementary A: Bee Cave
  • Intermediary: Yes
  • Middle Intermediate School: Lake Travis
  • High School: Lake Travis

Lot Info

  • Endangered Species: Unknown
  • F E M A100 Yr Flood Plain: Partial
  • Land Sq Ft: 345150.000
  • Lot Features: See Agent, Wooded
  • Lot Size Area: 7.923
  • Surface Water: Yes
  • Tear Downon Property: No
  • Topography: See Agent
  • Type of Home Allowed: Site Built
  • Parcel Number: 05520301010000
  • M A P S C O Grid: B
  • M A P S C O Page: 487

Tax Info

  • Actual Tax: 8731.67
  • Tax Rate: 1.90480000000000
  • Tax Amount: 8512.22
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 8, 2020
Sold by
Grotto Development Corporation Llc
Bought by
Berti Joseph G
Seller's Agent
Christine Emanuel
Engel & Volkers Austin
Buyer's Agent
Letisha Scharff
WoW Properties
List Price
$675,000
Current Estimated Value
$2,150,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.25%
Original Mortgage
$540,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2016
Sold by
Madison Trust Company
Bought by
Grotto Development Corporation Llc

Purchase Details

Closed on
Nov 23, 2015
Sold by
Gunter & Associates Profit Sharing Plan
Bought by
Madison Trust Company

Purchase Details

Closed on
Nov 20, 2015
Sold by
Grotto Corporation
Bought by
Gunter & Associates Profit Sharing Plan

Purchase Details

Closed on
Mar 20, 1998
Sold by
Profit Gunter Michael P
Bought by
The Grotto Corp

Purchase Details

Closed on
Dec 6, 1996
Sold by
Blackard J Wayne and Scheider Cynthia D
Bought by
The Grotto Holdings Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Texas National Title
Warranty Deed -- Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed -- None Available
Warranty Deed -- Commonwealth Land Title
Warranty Deed -- Commonwealth Land Title
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $1,208,618 Construction
Closed $1,390,468 Purchase Money Mortgage
Closed $540,000 Purchase Money Mortgage
Previous Owner $97,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 For Sale $3,250,000 +381.5% $714 / Sq Ft
09/08/2020 09/08/20 Sold -- -- --
07/24/2020 07/24/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $675,000 0.0% --
07/10/2020 07/10/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $675,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,644 $2,177,228 -- --
2023 $29,113 $2,110,473 $780,000 $1,330,473
2022 $27,957 $1,568,812 $780,000 $788,812
2021 $7,966 $422,774 $416,000 $6,774
2020 $8,063 $421,646 $416,000 $5,646
2019 $8,293 $421,646 $416,000 $5,646
2018 $9,055 $456,480 $432,000 $24,480
2017 $4,447 $222,177 $202,500 $19,677
2016 $4,457 $222,692 $202,500 $20,192
2015 $4,593 $219,034 $202,500 $16,534
2014 $4,593 $219,756 $202,500 $17,256
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9753384

Unlock MLS (Austin Board of REALTORS®)

APN: 356415