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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.
Property Type
Residential
Year Built
2016
Lot Size
1.10 acres
$/Sq Ft
$493
HOA
$2,000/year
Garage
3 spaces
Listed by Compass RE Texas, LLC
Verified property facts
8116 Magnolia Ridge CV is listed at $2,295,000 with 4 bedrooms, 5 full bathrooms, 4,651 square feet, 1.10-acre lot. This places it above the ZIP 78738 single-family closed-sale median price of $849,500 (ZIP 78738 geography · single-family closed sales · median sale price · trailing 12 months as of Aug 30, 2026).
8116 Magnolia Ridge CV is zoned for Lake Travis ISD with assigned schools: Bee Cave (8/10) (elementary), Bee Cave Middle School (8/10) (middle), Lake Travis (8/10) (high). School assignments should be verified directly with the district.
8116 Magnolia Ridge CV is a Residential built in 2016 featuring 4 bedrooms, 5 full bathrooms, 4,651 square feet, 1.10-acre lot.
8116 Magnolia Ridge CV is listed by Compass RE Texas, LLC. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Jun 4, 2026.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Features
Appliances
Flooring
Features
Construction
Lot Features
Fencing
Foundation
Patio / Porch
Parking
11 records on file
Every recorded listing, sale, and lease at 8116 Magnolia Ridge CV, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline 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 |
|---|---|---|---|---|
2025-10.5% | — | $2,104,892 | — | — |
2024-7.4% | — | $2,352,847 | $604,450 | $1,572,680 |
2023+78.0% | — | $2,540,127 | $604,450 | $1,748,397 |
2022 | — | $1,427,075 | $428,060 | $2,112,067 |

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. Ratings from GreatSchools.org.
20% ($459K)
Adjustable assumption - not a lending recommendation.
$2,295,000
Luxury property intelligence
A sourced read on Belvedere pricing, timing, and property scale. No automated valuation claim.
List price
$2,295,000
Price per sqft
$493/sqft
Vs. Neighborhood guide reference price
+53.0%
$1.5M · Belvedere neighborhood guide · reference price
Days on market
Not available
Original to current
$263K reduction
$2.6M original
Active inventory context
Ask for current inventory
Price Position in Belvedere
Listed 53% above the Belvedere neighborhood guide reference price. Belvedere neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Jun 4, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
8116 Magnolia Ridge CV is priced at $493 per square foot across 4,651 sqft. The Belvedere neighborhood guide reference price is $1,500,000 (Belvedere neighborhood guide · reference price).
The most recent annual property tax for 8116 Magnolia Ridge CV is $22,047. 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.
This page does not assume a mortgage rate or publish a monthly payment for 8116 Magnolia Ridge CV. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Jun 4, 2026, 8116 Magnolia Ridge CV is offered at $2,295,000. The current MLS snapshot shows 207 active listings in 78738. Keenan Group has completed 19 verified transactions in 78738 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Belvedere guide for current neighborhood analysis.
8116 Magnolia Ridge CV was built in 2016, making it 10 years old with relatively recent construction.
The MLS listing reports HOA or association dues of $2,000 annual for 8116 Magnolia Ridge CV. It does not establish included amenities, services, rules, reserves, or current assessments; verify those items in current association documents.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Belvedere is one of Austin's established neighborhoods, zoned for Lake Travis ISD in the 78738 area. The Keenan Group has specialized in Belvedere real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
13 events on record
Current Price
$2,295,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.5% | — | $2,104,892 | — | — |
2024-7.4% | — | $2,352,847 | $604,450 | $1,572,680 |
2023+78.0% | — | $2,540,127 | $604,450 | $1,748,397 |
2022 | — | $1,427,075 | $428,060 | $2,112,067 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Neighborhood guide and local insights
Belvedere is one of the most thoughtfully designed gated communities in the Bee Cave area, built around the idea that luxury should include both privacy and shared community space. The neighborhood was developed in seven phases between 2005 and 2020, with strict architectural guidelines that have kept the visual character consistent - Hill Country Modern and Mediterranean homes anchored on generous lots, native limestone exteriors, and views that rotate between Hill Country, canyon, and oak-canopied creek bottoms depending on lot position. Belvedere sits west of Austin along Hamilton Pool Road, about thirty minutes from downtown via Highway 71 to MoPac. The Hill Country Galleria is ten minutes east with restaurants, a movie theater, and the Whole Foods that handles weekly grocery runs. Bee Cave Central Park is adjacent for sports leagues and concerts. Hamilton Pool Preserve and Reimer's Ranch are short drives west for swimming holes, hiking, and the kind of weekend afternoons that make Hill Country living what it is. The community itself spans roughly 800 acres, with about 80 acres set aside as nature preserve and trail system. Lot sizes run from a quarter acre in the cottage sections to over an acre on the upper ridgelines and creek lots. Homes range from about 3,000 to 7,500 square feet. Texas Hill Country Modern accounts for roughly 45% of inventory, with stone, steel, and large windows oriented toward views. Mediterranean homes from the earlier phases make up about 30%, with stucco facades and tile roofs. Transitional and Custom Contemporary builds round out the rest. Pricing typically starts in the low $1.2 millions for cottage section homes, runs $1.5 to $2.5 million for the main inventory, and pushes past $4 million for full estates on premium lots with view corridors. Belvedere feeds into Lake Travis ISD, which has invested heavily in facilities and academic programming. Most students attend Bee Cave Elementary, Bee Cave Middle School, and Lake Travis High School. The high school has won multiple state football championships, but the real strength is in broad college-prep academics and extensive extracurricular offerings. Several private school options are within a fifteen-minute drive, including Hill Country Christian School and Westlake Hills Presbyterian School. Community amenities are unusually robust for a residential development. The Belvedere clubhouse anchors the social calendar with member events. The lazy river and pool complex draws families through the long Texas summers. Stocked fishing ponds, sport courts, a junior Olympic pool, and miles of soft-surface trails fill out the recreation infrastructure. The 80-acre nature preserve includes a creek bottom and protected oak savanna where residents see deer, foxes, and the occasional armadillo on morning walks. Belvedere works for buyers who want gated security and resort-level amenities without sacrificing acreage or natural setting. It is more affordable than the ultra-luxury tier of Spanish Oaks and Barton Creek to the east, and offers more community infrastructure than the scattered estate sections of West Lake Hills. For families committed to Lake Travis ISD who want a community where the kids can bike to the pool and parents have a clubhouse worth using, Belvedere is one of the strongest options in the Bee Cave area.
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