
Perched above Lake Travis with sweeping hill country and lake views, this 4-bedroom, 3-bathroom home delivers the kind of lifestyle that's hard to put a price on. Sunsets from the back deck are the kind that make you stop whatever you're doing, and with a 3-panel sliding glass door that opens two-thirds of the wall, the boundary between indoors and out practically disappears. It's a setup made for entertaining, flowing seamlessly from the living area to the back deck whether you're hosting a crowd or just enjoying a quiet evening with the view to yourself.
The thoughtful two-story layout puts two bedrooms on the main floor, making this home a natural fit for multigenerational living or guests who prefer not to navigate stairs. Two additional bedrooms are upstairs, along with a large media room that works just as well as a playroom, home office, or flex space depending on what your life calls for.
At 3,258 square feet, there's room to breathe, and then some. Beyond that, a 200-square-foot three-season room adds genuine versatility year-round. Whether it becomes a plant room, workout space, art studio, or a casual hangout, it's a bonus most homes simply don't have.
The 3-car tandem garage rounds out the practical side of things, offering room for vehicles, a workshop, storage, or whatever hobbies need a home.
Outside your front door, the Lakeside at Tessera HOA brings resort-style amenities within walking distance: a pool overlooking the water, playgrounds, a pavilion, walking trails, and a private boat ramp exclusively for residents. Zoned to Lago Vista ISD, this is a community that's easy to put roots down in.
Property Type
Residential
Year Built
2019
Lot Size
0.22 acres
$/Sq Ft
$213
HOA
$95/mo
Garage
5 spaces
Listed by Compass RE Texas, LLC
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
7516 Pace Ravine DR is listed at $715,000 with 4 bedrooms, 3 full bathrooms, 3,358 square feet, 0.22-acre lot.
7516 Pace Ravine DR is zoned for Lago Vista ISD with assigned schools: Lago Vista (elementary), Lago Vista (middle), Lago Vista (high). School assignments should be verified directly with the district.
7516 Pace Ravine DR is a Residential built in 2019 featuring 4 bedrooms, 3 full bathrooms, 3,358 square feet, 0.22-acre lot.
7516 Pace Ravine DR is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 7516 Pace Ravine DR is $14,036. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Best Match
Balanced against price, location, and layout so nearby lookalikes rise first. Similar properties in Tessera On Lake Travis Ph 1A
Listed with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.4% | — | $658,755 | — | — |
2024-3.6% | — | $827,560 | $125,000 | $639,286 |
2023+61.8% | — | $858,535 | $200,000 | $680,383 |
2022-1.7% | — | $530,649 | $100,000 | $758,535 |
2021 | — | $540,071 | $100,000 | $430,649 |
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
20% ($143K)
$715,000
Luxury property intelligence
A sourced read on Tessera On Lake Travis Ph 1A pricing, timing, and property scale. No automated valuation claim.
List price
$715,000
Price per sqft
$213/sqft
Vs. Tessera On Lake Travis Ph 1A median
Not available
Days on market
3 days
Original to current
No verified reduction
$715K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 20, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($143,000) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 7516 Pace Ravine DR is around $4,880 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $715,000, 7516 Pace Ravine DR is in the Tessera On Lake Travis Ph 1A market where there are currently 263 active listings in 78645. The Keenan Group has completed 6 transactions in 78645 as part of 1,000+ career sales totaling $1B+ across Austin.
7516 Pace Ravine DR was built in 2019, making it 7 years old with relatively recent construction.
7516 Pace Ravine DR includes verified waterfront access: Lake Privileges. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
7516 Pace Ravine DR is part of a managed community with HOA dues of $95 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
6 events on record
Current Price
$715,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.4% | — | $658,755 | — | — |
2024-3.6% | — | $827,560 | $125,000 | $639,286 |
2023+61.8% | — | $858,535 | $200,000 | $680,383 |
2022-1.7% | — | $530,649 | $100,000 | $758,535 |
2021 | — | $540,071 | $100,000 | $430,649 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Active listings near 7516 Pace Ravine DR
Recent sales for market context