8016 Magnolia Ridge CV, Austin TX 78738

Austin, TX 78738 | Belvedere

Ed's Opinion of Value

$1,805,300 Ed's Estimate: $2,032,251 $2,446,365
Lowest Comp Recommended List: $1,695,000 to $1,705,000 Highest Comp
The market data from 5 similar recent sales in BELVEDERE points to a value of approximately $2,032,251. To sell within a reasonable timeframe at fair market value, the $1,695,000 to $1,705,000 range is where I'd position this. Among the similar homes currently available in BELVEDERE, this price point stands out as competitive. At 122 sqft smaller than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 5 years older than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in BELVEDERE, listed between $1,599,000 and $2,450,000. In BELVEDERE, home values have risen approximately 10.9% over the past 6 months. One of the strongest data points is 7708 Lynchburg DR, Austin TX 78738, adjusting to $2,041,175; a strong comparable. 5 comparable transactions in BELVEDERE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
4 Beds
5 Baths 3 Full, 2 Half
4,309 Sq Ft
1.107 Acres
2007 Built
2 Garage

About This Property

Are you looking for a modern hill country home that offers luxury amenities and plenty of space to relax both inside and out? Then this stunning 1.1-acre property in the coveted Belvedere gated community is your perfect match! The main living area of the home features a kitchen, dining, and living combination with gorgeous stained concrete floors. Guests enjoy a detached guest house with full bath and has a ½ bath with outdoor shower for pool area. Could also be used as an office or artist’s studio with great natural light! The second level has wood floors throughout with no carpet! There are multiple walls of sliding glass doors offering an abundance of natural light throughout the home as well as providing access to multiple outdoor spaces where you can enjoy the pool and hot tub surrounded by mature oak trees. The chef’s kitchen is fully equipped with professional appliances while allowing plenty of room to entertain guests or just relax at breakfast. Enjoy views for miles from the third-level gym or office area. The owner's bedroom also provides direct access to the pool & hot tub area making it perfect for unwinding after a long day. It even comes complete with its own spa bath featuring built-in cabinetry in multiple areas. Other amazing amenities include a sports court, lazy river pool, clubhouse, walking trails, fishing lake, and exemplary Lake Travis schools - all within a beautiful private setting that you'll never want to leave! Plus - the tax rate is only 1.9%. Don't miss out on this must-see home – contact us today for more information!

Property Highlights

Pool Cabana, Gunite, Heated, In Ground, Outdoor Pool, Pool/Spa Combo

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Chandelier
  • Quartz Counters
  • Crown Molding
  • Double Vanity
  • Electric Dryer Hookup
  • High Speed Internet
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Living Areas
  • No Interior Steps
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Data

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Bamboo, Concrete, Tile
Cooling Central Air, Electric, Zoned
Heating Central, Zoned
Exterior Balcony, Exterior Steps, Gutters Full, Private Yard
County Travis
MLS # 3173172
Garage 2 spaces

HOA & Community

HOA Fee $500 /Semi-Annually
HOA Includes Common Area Maintenance, Insurance

Tax Information

Annual Taxes (MLS) $21,034 (2022)

Listing History

MLS# 3173172 355 days (346 CDOM)
Apr 25, 2024 Off Market
Mar 21, 2024 Price Change $1,795,000
Apr 2, 2023 Listed $2,050,000

Frequently Asked Questions About 8016 Magnolia Ridge CV, Austin TX 78738

When was 8016 Magnolia Ridge CV, Austin TX 78738 built?

8016 Magnolia Ridge CV, Austin TX 78738 was built in 2007.

How much does 8016 Magnolia Ridge CV, Austin TX 78738 cost?

8016 Magnolia Ridge CV, Austin TX 78738 sold on April 25, 2024. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.