
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
$198
HOA
$95/mo
Garage
3 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 $665,000 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 listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 10, 2026.
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.
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1 record on file
Every recorded listing, sale, and lease at 7516 Pace Ravine DR, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price Change 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% ($133K)
Adjustable assumption - not a lending recommendation.
$665,000
Luxury property intelligence
A sourced read on Tessera On Lake Travis Ph 1A pricing, timing, and property scale. No automated valuation claim.
List price
$665,000
Price per sqft
$198/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
85 days
Original to current
$50K reduction
$715K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 10, 2026.
Request Private Market AnalysisZIP-level neighborhoods, schools, lifestyle, and Austin market context
District guide, nearby schools, and homes by attendance area
Private Austin CMA, TCAD context, and pricing strategy
Pricing, prep, launch timing, and Compass marketing strategy
#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 7516 Pace Ravine DR. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 10, 2026, 7516 Pace Ravine DR is offered at $665,000. The current MLS snapshot shows 248 active listings in 78645. Keenan Group has completed 6 verified transactions in 78645 within its 1,000+ completed transactions and $1B+ career volume across Austin.
7516 Pace Ravine DR was built in 2019, making it 7 years old with relatively recent construction.
The MLS listing marks 7516 Pace Ravine DR as waterfront. The reported waterfront feature is Lake Privileges. Confirm shoreline access, dock rights, and floodplain status from current property documents during due diligence.
The MLS listing reports HOA or association dues of $95 monthly for 7516 Pace Ravine DR. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
8 events on record
Current Price
$665,000
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.
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