8017 Magnolia Ridge CV, Austin TX 78738

Off Market

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Ed's Opinion of Value

$2,345,730 Ed's Estimate: $2,640,667 $3,850,000

Lowest Comp Recommended List: $2,588,000 to $2,693,000 Highest Comp

7 recent sales within a mile of this address suggest a current value of $2,640,667. My recommended list price range for this property would be $2,588,000 to $2,693,000. Among the similar homes currently available in BELVEDERE, this price point stands out as competitive. At 848 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2007, this home is 8 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in BELVEDERE, creating a buyer's market for this price range. In BELVEDERE, home values have fallen approximately 12.7% over the past 6 months. One of the strongest data points is 8309 Verde Mesa CV, Austin TX 78738, adjusting to $2,400,205; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

BELVEDERE Market Trends

$2,096,000 Median Sold Price ▼ 12.7% 6mo

$469/sqft Median $/SqFt ▼ 8.6% 6mo

51 days Avg Days on Market 4 days faster

6 homes Active Inventory 6 mo supply

95.0% Sale-to-List Ratio

6 Sales (6 months)

Recently Sold Comparables

$2,400,205 adjusted 8309 Verde Mesa CV, Austin TX 78738 5bd / 6.0ba • 4,658 sqft • 0.3 mi Sold 9 months ago

$2,453,784 adjusted 16925 Whispering Breeze DR, Austin TX 78738 5bd / 5.0ba • 5,761 sqft • 1.5 mi Sold 6 months ago

$2,973,704 adjusted 17600 Flagler DR, Austin TX 78738 5bd / 5.0ba • 4,771 sqft • 0.4 mi Sold 6 months ago

$2,345,730 adjusted 17100 FLAGLER DR, Austin TX 78738 4bd / 6.0ba • 4,450 sqft • 0.4 mi Sold 1 months ago

$2,525,385 adjusted 8400 Lakewood Ridge CV, Austin TX 78738 6bd / 5.0ba • 4,879 sqft • 0.3 mi Sold 5 months ago

Currently on Market

$3,850,000 8132 Magnolia Ridge CV, Austin TX 78738 5bd / 6.0ba • 6,468 sqft • 0.1 mi 9 days on market

$3,250,000 17800 Flagler DR, Austin TX 78738 6bd / 6.0ba • 5,807 sqft • 0.2 mi 149 days on market

$2,600,000 19201 Moreh Peak PASS, Austin TX 78738 5bd / 5.0ba • 6,124 sqft • 1 mi 1 days on market

5 Beds

6 Baths 5 Full, 1 Half

6,033 Sq Ft

1.892 Acres

2007 Built

3 Garage

About This Property

Exquisite private, gated 2 acre Tuscan estate. Open FP w/designer finishes & quality upgrades throughout, travertine & mesquite floors, high ceilings, custom cabinetry, gourmet kitchen. Main house offers 4 BR, 4 1/2 baths, large LIV, home theater/bar, huge office w/private entrance. Separate guest house w/full kitchen & living area, BR, BA, hidden room, AC storage & full gym. Custom pool w/waterfalls, BBQ area. Per appraisal dated 7/12/2018 Main House is 4,253 sq.ft. Guest House is 1,780 sq.ft.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Pool In Ground, Pool/Spa Combo

Features

Bookcases
High Ceilings
Crown Molding
French Doors
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Bee Cave

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Balcony, Barbecue, Gutters Full

County Travis

MLS # 2609692

Garage 3 spaces

HOA & Community

HOA Fee $2,000 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $33,281 (2017)

Listing History

MLS# 2609692 293 days

Jul 27, 2018	Off Market
Jun 29, 2018	Pending
Mar 16, 2018	Price Change	$1,675,000
Sep 9, 2017	Listed	$1,975,000

Frequently Asked Questions About 8017 Magnolia Ridge CV, Austin TX 78738

When was 8017 Magnolia Ridge CV, Austin TX 78738 built?

8017 Magnolia Ridge CV, Austin TX 78738 was built in 2007.

How much does 8017 Magnolia Ridge CV, Austin TX 78738 cost?

8017 Magnolia Ridge CV, Austin TX 78738 sold on July 27, 2018. Contact us for sale price details.

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Nov 18, 2006	Off Market
Mar 21, 2006	Listed		$205,000