#1 Austin Board of Realtors Team 2024#1 Austin Board of Realtors Team 2024
The Wathen - This new two-story home exudes elegance with a secluded owner’s suite on the first floor, a private retreat with a spa-inspired bathroom and walk-in closet. Upon entry is an additional bedroom, and an open plan at the back of the home blends the kitchen, living and dining areas with immediate access to an inviting covered patio. Three additional bedrooms can be found on the second floor. This home boasts desirable features such as a first-floor study, along with a media room and a game room on the upper level. Photos are for illustrative purposes only. Estimated Completion October 2026. The completion date, prices and features may vary and are subject to change. Please verify with Lennar directly.
Property Type
Residential
Year Built
2026
Lot Size
0.18 acres
$/Sq Ft
$136
HOA
$80/mo
Garage
2 spaces
Listed by Marti Realty Group
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
Waterfront
Verified property facts
1516 Magnolia Farm WAY is listed at $495,999 with 5 bedrooms, 4 full bathrooms, 3,637 square feet, 0.18-acre lot.
1516 Magnolia Farm WAY is zoned for Liberty Hill ISD with assigned schools: Rancho Sienna (elementary), Santa Rita Middle (middle), Liberty Hill (high). School assignments should be verified directly with the district.
1516 Magnolia Farm WAY is a Residential built in 2026 featuring 5 bedrooms, 4 full bathrooms, 3,637 square feet, 0.18-acre lot.
1516 Magnolia Farm WAY is presented by the Keenan Group at Compass Real Estate, the #1 Austin Board of Realtors Team (2024) with 1,000+ career transactions and $1B+ in career volume across Austin's luxury market.
The most recent annual property tax for 1516 Magnolia Farm WAY is $2,074. 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.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
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Listed 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 |
|---|---|---|---|---|
2026 | — | $83,000 | $83,000 | — |
Liberty Hill ISD
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% ($99K)
$495,999
Luxury property intelligence
A sourced read on Lively Ranch pricing, timing, and property scale. No automated valuation claim.
List price
$495,999
Price per sqft
$136/sqft
Vs. Lively Ranch median
Not available
Days on market
12 days
Original to current
No verified reduction
$496K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jul 11, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
With 20% down ($99,200) on a 30-year fixed mortgage at approximately 6.75%, the estimated monthly payment for 1516 Magnolia Farm WAY is around $2,746 including principal, interest, and estimated taxes. Actual payment varies by rate, down payment, insurance, and HOA fees.
At $495,999, 1516 Magnolia Farm WAY is in the Lively Ranch market where there are currently 604 active listings in 78628. The Keenan Group has completed 4 transactions in 78628 as part of 1,000+ career sales totaling $1B+ across Austin.
1516 Magnolia Farm WAY includes verified waterfront access: None. Buyers should confirm shoreline, dock rights, and floodplain status during due diligence.
1516 Magnolia Farm WAY is part of a managed community with HOA dues of $80 monthly. HOA-managed communities in Austin's luxury market typically provide amenities such as common areas, security, and exterior maintenance. Verify current dues and rules with the HOA directly.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
2 events on record
Current Price
$495,999
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2026 | — | $83,000 | $83,000 | — |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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