— bed, — bath on 1.36 acres in Belvedere. Austin, TX 78738. $650,000. Lake Travis ISD.
About This Home
Situated in the sought-after Belvedere gated community, 8708 Bellancia Drive presents a rare opportunity to build your dream home on an expansive 1.36-acre homesite. This premier lot offers both privacy and tranquility, backing to a ranch with serene treetop views. Included in the offering are custom architectural plans by Cornerstone Architects, valued at approximately $150,000, thoughtfully designed to maximize the beauty and potential of the property. Belvedere is known for its strong sense of community and exceptional, resort-style amenities, including a lazy river pool that sets it apart from other neighborhoods in the Austin area. Residents enjoy a lifestyle that blends luxury and leisure, with scenic surroundings and thoughtfully curated shared spaces that foster connection and relaxation. Convenience is equally compelling, with top-rated schools and the Hill Country Galleria just minutes away for shopping, dining, and entertainment. Whether you’re envisioning a private retreat or a showpiece estate, this property offers the perfect foundation in one of the area’s most esteemed gated communities. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.
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.
School District: Lake Travis ISD
View Belvedere neighborhood guide- Property Type
- Land
- Lot Size
- 1.36 acres
- HOA
- $2,250/year
Listing information last updated May 22, 2026.
Listed by Moreland Properties
MLS# 6119432 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Trees-Medium (20 Ft - 40 Ft)
- Lot Size
- 1.36 Acres
Financial
- HOA Fee
- $2,250 / year
- Original List Price
- $750,000
Utilities
- Electricity Available
- Sewer Available
- Water Available
- Water Source
- MUD
- Sewer
- Septic Needed
Transaction History
1 record on file
Every recorded listing, sale, and lease at 8708 Bellancia Dr, whoever represented it.
- ActiveListed 2026Current price: $650,000Original list: $750,000MLS 6119432
- Listed · April 16, 2026$750,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $650,000
- Original list
- $750,000
- Price movement
- $100K reduction
- Listed / DOM
- Apr 16, 2026 · 191 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $712,000
- Assessment Year
- 2025
- Year Built
- 2024
- Parcel ID
- 000000772813
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+339.9% | — | $712,000 | — | — |
2021 | — | $161,840 | $232,560 | — |
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Zoned Schools & District Context
Lake Travis
Bee Cave Middle School
Lake Pointe Elementary
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.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-16T07:07:03.534+00:00; normalized from annual dues.
20% ($130K)
Adjustable assumption - not a lending recommendation.
$650,000
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Keenan Market Position
A sourced read on Belvedere pricing, timing, and property scale. No automated valuation claim.
List price
$650,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
-69.4%
$2.1M · Belvedere neighborhood guide · reference price
Days on market
191 days
Original to current
$100K reduction
$750K original
Active inventory context
7 listings
Price Position in Belvedere
Listed 69% below the Belvedere neighborhood guide reference price. Belvedere neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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