10 months on rocket

8132 Magnolia Ridge Cv, Austin, TX, 78738

$3,870,000

5 Bedrooms
5 Full Baths, 1 Partial
6,468 SqFt
$598/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Gravel, Paved
Garage3 spaces
Year BuiltNew Const., 2023
HeatingPropane
CoolingCentral Air
WaterfrontNone
FireplacePropane, See Remarks, Wood Burning
ViewPark, Hills
Private PoolYes
MLS #6694601
Lot Size1.26 Acres
StatusActive

About 8132 Magnolia Ridge Cv

Tucked away in a gated, sought after community of Belvedere in Austin, this priced to sell newly constructed sanctuary with a rate buydown or seller-finance option, is easy to call home. No backyard neighbors! The sweeping 1.3 acre lot extends all the way to the nature trails of an 80 acre nature preserve for utmost privacy! The ingenious reverse living floorpan maximizes the vast rolling hills VIEW! On the main level, the primary suite, guest suite, office, and living areas bask in an abundance of natural light, offering an enchanting retreat. Prepare to be awestruck as you step onto the verandah, the perfect perch to witness the dramatic sunsets. Downstairs,a world of entertainment awaits in the state-of-the-art home theater or in the expansive game room, outside the resort-style pool and hot tub grace the expansive backyard with limitless potential to create the oasis of your dreams. Positioned below street level, this home conceals its splendor, adding an extra layer of seclusion to its already private, cul-de-sac location. An addition of the driveway staircase, and additional parking pads at street level makes guest access and hosting large gatherings convenient. Prepare to be captivated by the soaring 12-20 foot ceilings, intricate ceiling treatments, and dramatic arches that adorn this exquisite residence. An elevator shaft, wine cellar, superior Dacor appliances, premium exterior doors & windows, waterfall Quartz island w/3 inch mitered counters, whole-house solid core interior doors, artisan quality millwork, and designer lights & fixtures further elevate this haven. Enjoy hiking trails, natural pools, a medley of nearby wineries and distilleries, yet a mere 30 min to central Austin, 20 min to the waters edge of Lake Travis or Lake Austin,10 min to The Galleria’s vibrant shops, eateries, & entertainment. Highly acclaimed public and private schools nearby. Enjoy the best of Austin at this address. Call today!

Property Details

Property Features

Property Information:

  • Year Built: 2023
  • Stories: 2
  • Living Area: 6,468 SqFt

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 200-2852
  • Listing Agent: Shailene Smith

Interior Features

Interior Information:

  • Appliances: Refrigerator, Dishwasher, Gas Cooktop, Range Hood, Tankless Water Heater
  • Flooring Type: Tile, Wood
  • Interior: Tray Ceiling(s), Chandelier, Separate/Formal Dining Room, Double Vanity, High Ceilings, Kitchen Island, Multiple Living Areas, Multiple Dining Areas, Main Level Primary, Quartz Counters, See Remarks, Bar, Walk-In Closet(s), Wired for Sound
  • Fireplace: Propane, See Remarks, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: None
  • View: Park, Hills
  • Exterior: Outdoor Grill, Private Yard, Rain Gutters

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Garage, Gravel, Paved

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Near Park, Pie Shaped Lot
  • Lot Size: 1.26 Acres

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Travis High School, Public District Grades 9-12
  • Lake Travis Middle School, Public District Grades 6-8
  • Bee Cave Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Hamilton Pool Road from 71W. Travel 5 Miles down Hamilton Pool Road and enter the gates of Belvedere. Take your first right onto Flagler. Magnolia Ridge Cove will be on the Left and the lot at the end of the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,870,000
  • Price Per SqFt: $598/SqFt

HOA Fees:

  • Amount: $2000
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,288
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

8132 Magnolia Ridge Cv vs Austin

318 DAYS ON ROCKET

+272 Days

$3,870,000

+$3.3M More

$598/SqFt

+$287 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $287/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #6694601

Listing Office:

  • Office Name: Kuper Sotheby's Int'l Realty
  • Office Phone: (512) 200-2852
  • Listing Agent: Shailene Smith

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/5/2024, 10:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,288$194,613
2019$4,344$194,613
2018$4,123$194,613
2017$3,587$175,151

History based on county public records data.

Payment Calculator

$19.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.6K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6439998
8
/10
  • Bee Cave Elementary School

  • 14300 Hamilton Pool Rd

  • 4.55 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6439999
6
/10
  • Lake Travis Middle School

  • 3328 Ranch Road 620 S

  • 5.06 miles

  • Public District Grades 6-8

High School

school-card-donut-6440000
7
/10
  • Lake Travis High School

  • 3324 Ranch Road 620 S

  • 4.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $104,149. Typical income of Austin, TX residents is between $100k-200k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8132 Magnolia Ridge Cv

What is the listing price of this property?

The listing price of 8132 Magnolia Ridge Cv property is $3,870,000.

What type of property is this?

The property 8132 Magnolia Ridge Cv is a house located in Austin, Texas, 78738.

Is this property for sale now?

Active Listing: 8132 Magnolia Ridge Cv is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8132 Magnolia Ridge Cv are:
Bee Cave Elementary School: GreatSchools Rating 8/10
Lake Travis Middle School: GreatSchools Rating 6/10
Lake Travis High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,288 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8132 Magnolia Ridge Cv has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 8132 Magnolia Ridge Cv is 6,468 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8132 Magnolia Ridge Cv is 2023.
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Rocket HomesTexasTravis CountyAustin787388132 Magnolia Ridge Cv

This home is located at 8132 Magnolia Ridge Cv in Austin, TX and zip code 78738 in the Belvedere neighborhood. This 6,468 square foot home, which was built in 2023, sits on a 1.26 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since June 21, 2023 and is currently priced at $3,870,000.

In April 2024, from all listings sold in Austin, TX there were more than 195 sold above asking price, over 571 sold below and more than 158 were sold right at the asked price. Between March 2024 and April 2024, Austin, TX real estate market has seen increase in the number of listings by 18.7%. In April 2024, listings were on the market for 46 days. During the same period, the median list price in this real estate market was $568,336.

From Rocket Homes Real Estate and based on county public records data.

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