NOT LISTED FOR SALE

8116 Magnolia Ridge Cove Austin, TX 78738

Hamilton Pool Neighborhood

Estimated Value: $2,047,088 - $2,548,000

4 Beds
5 Baths
4,651 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 02, 2023

Current estimated payment $15,169/month

166 Days on Market

Highlights

  • Fishing
  • Gated Community
  • Built-In Refrigerator
  • Bee Cave Elementary School Rated A-
  • View of Trees or Woods
  • 1.1 Acre Lot

About This Home

As of November 2023

Welcome to 8116 Magnolia Ridge- a sanctuary of tranquility and sophistication. This Arbogast custom home was designed by award-winning architect Kai Geschke, and crafted with exquisite finishes featuring hardwood floors, granite counters, and light wood beams. The generous and inviting living room is immersed in natural light, featuring oversized windows and an open floor plan. The breakfast nook offers the perfect setting for guests and family to mingle while also having separate formal dining. The primary wing is its own oasis, oversized and perfectly curated to meet the demands of any discerning buyer. The home includes formal dining, dedicated office, a well-equipped media room, an outdoor covered patio, and more!

Belvedere is an award-winning community with neighborhood center including a lazy river pool, splash pad, sports court, fishing ponds, and an 80-acre nature preserve with hiking trails. Convenient to the Hill Country Galleria Mall, and shopping centers in Bee Cave, Lakeway, Dripping Springs, and only 30 minutes from Downtown Austin. Located in the Texas Hill Country with abundant year-round outdoor activities just minutes away, this is the perfect family home to enjoy for years to come.

Zoned to the prestigious Lake Travis ISD.

Last Agent to Sell the Property

Gary & Michelle Dolch

Compass RE Texas, LLC License #0516143 Listed on: 04/22/2023

Compass RE Texas, LLC

Co-Listed By

Michelle Dolch

Compass RE Texas, LLC License #0553410

Last Buyer's Agent

Johnny Henion

Outlaw Realty License #0545197

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,047

Year Built

  • Built in 2016

Lot Details

  • 1.1 Acre Lot
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Northeast Facing Home
  • Wrought Iron Fence
  • Back Yard Fenced
  • Lot Sloped Down
  • Front and Back Yard Sprinklers
  • Wooded Lot

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Multiple Garage Doors
  • Garage Door Opener

Property Views

  • Woods
  • Hills
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Metal Roof
  • Masonry Siding
  • Stucco

Interior Spaces

  • 4,651 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Bookcases
  • High Ceiling
  • Recessed Lighting
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Plantation Shutters
  • Great Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Dining Area
  • Storage

Kitchen

  • Built-In Double Oven
  • Built-In Range
  • Built-In Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Bee Cave Elementary School
  • Bee Cave Middle School
  • Lake Travis High School

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Heat Pump System
  • Underground Utilities
  • Propane
  • Municipal Utilities District Water
  • Gas Water Heater
  • Water Purifier is Owned
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 50 / D
  • Assessor Parcel Number 01179503050000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance
  • Belvedere Homeowners Association Inc. Association
  • Visit Association Website
  • Built by Arbogast Custom Homes
  • Belvedere Ph 01 Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Community Mailbox

Recreation

  • Sport Court
  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,047

Year Built

Built in 2016

Lot Details

0

HOA Fees

$167 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: Deed Restrictions
  • Year Built: 2016
  • Additional Parcels: No
  • Direction Faces: NE
  • Directions: Hwy 71 to Hamilton Pool. Head West, Right on Rollins Drive (Belvedere Subdivision). Right on Flagler Dr toward Magnolia Ridge Cove. Turn Left onto Magnolia Ridge Cove. Destination will be on the right.
  • Disclosures: Seller Provided Survey Available
  • Estimated Taxes: 29449.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard, Wrought Iron
  • Fireplaces: 2
  • Garage Spaces: 3.00
  • Green Energy Efficient: See Remarks
  • Green Sustainability: See Remarks
  • Guest Accommodation Description: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 4651.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Ceiling-High, In-Law Floorplan, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Soaking Tub, Storage, Walk-In Closet(s), Wired for Sound, See Remarks
  • Laundry Location: Laundry Room, Main Level
  • View: Hill Country, Park/Greenbelt, Trees/Woods
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Gas Log, Great Room, Primary Bedroom, Wood Burning
  • Num Dining: 2
  • Num Living: 1
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Built-In Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Cooktop Gas, Double Oven, Vented Exhaust Fan, Washer, Water Heater-Gas, Water Purifier Owned, Water Softener Owned
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Fire Alarm, Security System Owned, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Plantation Shutters, Window Treatments

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms: 5
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Gutters Full
  • Roof: Metal
  • Builder Name: Arbogast Custom Homes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Attached, Door-Multi, Garage Door Opener
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Propane, Underground Utilities, Water Connected
  • Heating: Heat Pump
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 2000.00
  • Community Web Site: https://belvedereaustin.com/

Association/Amenities

  • Management Company: (512) 264-0560
  • Association Name: Belvedere Homeowners Association Inc.
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Cluster Mailbox, Fishing, Gated, Lake, Park, Picnic Area, Playground, Pool, Sport Court(s)/Facility, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Lake Travis ISD
  • Elementary School: Bee Cave
  • High School: Lake Travis
  • Middle/Junior School: Bee Cave Middle School

Lot Info

  • Lot Features: Back to Park/Greenbelt, Cul-De-Sac, Sloped Down, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinkler - In Front, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, See Remarks
  • Parcel Number: 01179503050000
  • Lot Size Acres: 1.0990
  • Lot Size Sq Ft: 47872.44
  • Subdivision Name: Belvedere Ph 01

Building Info

  • Construction Materials: Masonry – All Sides, Stucco
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Filled Sqft Total: 4651
  • Tax Lot: 50
  • Tax Rate: 2.20357000000000
  • Tax Year: 2021
  • Tax Annual Amount: 22047.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
May 9, 2022
Sold by
Stephen Roberts
Bought by
Lamunyon Shawn La and Munyon Dayana Bezerra
Seller's Agent
Natalie Kifer
Kifer Sparks Agency, LLC
Buyer's Agent
Beth Perkins
Compass RE Texas, LLC
List Price
$2,750,000
Current Estimated Value
$2,348,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.26%
Original Mortgage
$1,980,000
Outstanding Balance
$1,881,293
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$467,479

Purchase Details

Listed on
May 22, 2021
Closed on
Aug 13, 2021
Sold by
Mickle Byron and Mickle Valeri
Bought by
Roberts Stephen and Roberts Kimber
Seller's Agent
Aaron Jistel
ListingSpark
Buyer's Agent
Kimberly Bayless
Kuper Sotheby's Int'l Realty
List Price
$2,399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.03%
Original Mortgage
$1,969,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 1, 2015
Closed on
Feb 19, 2015
Sold by
Fisher Kris and Fisher Jennifer
Bought by
Mickle Byron and Mickle Valeri
Seller's Agent
Ed Talley
Talley Real Estate
Buyer's Agent
Joanna Lee
Compass RE Texas, LLC
List Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.75%
Original Mortgage
$183,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 13, 2012
Closed on
Sep 4, 2012
Sold by
Bhakta Prashant
Bought by
Fisher Kris and Fisher Jennifer
Seller's Agent
Mary Hickey
Keller Williams - Lake Travis
Buyer's Agent
Ed Talley
Talley Real Estate
List Price
$172,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.25%
Original Mortgage
$52,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2008
Sold by
Jjkp Inc
Bought by
Bhakta Prashant

Purchase Details

Closed on
Mar 14, 2007
Sold by
Hamilton Bee Cave Lp
Bought by
Jjkp Inc and John Siemering Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lamunyon Shawn La -- Heritage Title
Roberts Stephen -- Title 365
Mickle Byron -- Itc
Fisher Kris -- None Available
Bhakta Prashant -- None Available
Jjkp Inc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lamunyon Shawn La $1,980,000
Previous Owner Roberts Stephen $1,969,000
Previous Owner Mickle Byron $183,750
Previous Owner Fisher Kris $52,500
Previous Owner Jjkp Inc $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2023 11/02/23 Sold -- -- --
10/05/2023 10/05/23 Pending -- -- --
07/29/2023 07/29/23 Price Changed $2,295,000 -8.0% $493 / Sq Ft
05/30/2023 05/30/23 Price Changed $2,495,000 -2.5% $536 / Sq Ft
04/22/2023 04/22/23 For Sale $2,558,000 -5.2% $550 / Sq Ft
05/09/2022 05/09/22 Sold -- -- -- View Prior Sale
04/08/2022 04/08/22 Pending -- -- --
04/03/2022 04/03/22 Price Changed $2,699,000 -1.9% $580 / Sq Ft
03/20/2022 03/20/22 For Sale $2,750,000 0.0% $591 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $2,750,000 +14.6% $591 / Sq Ft
08/13/2021 08/13/21 Sold -- -- -- View Prior Sale
06/17/2021 06/17/21 Pending -- -- --
05/22/2021 05/22/21 For Sale $2,399,000 +805.3% $516 / Sq Ft
02/19/2015 02/19/15 Sold -- -- -- View Prior Sale
01/19/2015 01/19/15 Pending -- -- --
01/01/2015 01/01/15 For Sale $265,000 +53.6% --
09/05/2012 09/05/12 Sold -- -- -- View Prior Sale
08/07/2012 08/07/12 Pending -- -- --
02/13/2012 02/13/12 For Sale $172,500 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $31,472 $2,104,892 $604,450 $1,500,442
2023 $33,552 $2,352,847 $604,450 $1,748,397
2022 $49,233 $2,540,127 $428,060 $2,112,067
2021 $27,588 $1,336,444 $271,453 $1,155,622
2020 $27,901 $1,249,819 $170,015 $1,079,804
2018 $27,776 $1,180,000 $170,015 $1,009,985
2017 $27,059 $1,131,522 $170,015 $961,507
2016 $19,057 $796,898 $170,015 $626,883
2015 $3,820 $170,015 $170,015 $0
2014 $3,820 $150,398 $150,398 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9603503

Unlock MLS (Austin Board of REALTORS®)

APN: 729620