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Keenan Group#1 Austin Board of Realtors Team 2024

Belvedere - Homes, Schools, and Market Guide

A gated luxury community in 78738 near Bee Cave with Lake Travis ISD schools, Hill Country views, and custom estate homes on large lots - 20-25 minutes from downtown Austin.

#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold

Written by Joe and Cara Keenan - 25+ years selling luxury communities in the Bee Cave and Lake Travis corridor.

5.0 · 176+ reviews#1 Team - Austin Board of Realtors (2024)$1B+ career sales

Austin Neighborhood Guide

Belvedere Neighborhood Guide - Austin Luxury Real Estate

Belvedere homes for sale in 78738. Lake Travis ISD, gated luxury enclave near Bee Cave. Austin's #1 team - 25+ years.

Who is the best realtor in Belvedere?

The Keenan Group at Compass is the #1 Austin Board of Realtors team (2024), with 25+ years, 1,000+ homes sold, and $1B+ in career volume serving Belvedere. The team's verified track record includes 20+ home sales in Belvedere. Joe and Cara Keenan represent buyers and sellers in Belvedere with data-driven pricing, full-scale marketing, and direct access to qualified luxury buyers.

Source: Keenan Group at Compass Real Estate, Austin TX

Luxury Buyer Fit Snapshot

Compare Belvedere on price, schools, and lifestyle access before scheduling private tours.

Buyer Fit

Best for buyers evaluating current inventory depth and value pockets in Belvedere.

Lifestyle Fit

Lake Travis ISD (78738) helps anchor school-driven search and day-to-day livability.

Keenan Group Authority

#1 Team - Austin Board of Realtors (2024)25+ Austin experience$1B+ career volume
ZIP codes
78738
School district
Lake Travis ISD
Active listings
6 active listings

Written by the Keenan Group - Joe Keenan and Cara Keenan, Austin's #1 real estate team (Austin Board of Realtors 2024). 25+ years, 1,000+ transactions, $1B+ career sales.

What is it like to live in Belvedere?

Belvedere is a gated community of custom estate homes near Bee Cave in the 78738 ZIP code, west of Austin, on lots from about half an acre to several acres with Hill Country views. In the 12 months ending November 2, 2026, 10 homes sold in Belvedere at a median price of $2.13M (Keenan Luxury Market Index, from MLS closed sales). It is in Lake Travis ISD; confirm the assigned campuses by address.

Belvedere homes for sale

  • Gated community near Bee Cave (78738)
  • Custom estate homes on half-acre to multi-acre lots
  • Lake Travis ISD; confirm campuses by address

Source: Written by Joe and Cara Keenan - 25+ years selling luxury communities in the Bee Cave and Lake Travis corridor.

Belvedere At A Glance
School District
Median Price
$2.13M
Active Listings
Median DOM
34 days
Median $/sqft
$469

Trailing 12 months ending November 2, 2026 · Keenan Luxury Market Index, MLS closed sales

Map & Boundary

Belvedere Neighborhood Map

Active Listings

6

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Belvedere homes for sale and schools

Overview

Why Buyers Choose Belvedere

Belvedere attracts buyers who want a gated, low-density community with custom homes and Hill Country views without going as far west as Lakeway or Spicewood. The community sits in the Bee Cave corridor, putting everyday amenities within 5-10 minutes while maintaining a secluded feel behind the gate.

The housing stock is newer and more custom than many competing communities. Most homes were built in the 2000s through 2010s, with generous floor plans ranging from 3,000 to 6,000+ square feet. The architectural style leans toward Hill Country contemporary - stone, metal roofing, large windows framing views - which suits the terrain.

  • Gated entry provides privacy and controlled access, which appeals to buyers moving from urban settings who want a quieter pace.
  • Lot sizes are generous - half-acre to 2+ acres - giving homes breathing room and mature tree cover that many newer developments lack.
  • Lake Travis ISD schools rank among the top districts in the metro. Lake Travis High School is particularly strong in athletics and STEM programs.
  • Hill Country views from elevated homesites. The terrain creates natural separation between properties, so you get views without looking into your neighbor's kitchen.
Market Data

Current Belvedere Market Data

In the 12 months ending November 2, 2026, 10 homes sold in Belvedere at a median price of $2.13M, with a median of 34 days on market and a median of $469 per square foot (Keenan Luxury Market Index, from MLS closed sales).

As of November 2, 2026, Belvedere had 6 active and 1 pending listings, with 7.2 months of supply and a 94% sale-to-list ratio in the 12 months ending November 2, 2026.

  • Median sale price, 12 months ending November 2, 2026: $2.13M
  • Closed sales, 12 months ending November 2, 2026: 10
  • Active listings as of November 2, 2026: 6
  • Product filter: MLS residential records matched to the neighborhood boundary
  • Price bands: review the live comp set by property type, lot, condition, and street-level position
Location & Commute

Daily Geography in Belvedere

Belvedere is located near the intersection of Highway 71 and Hamilton Pool Road in the Bee Cave area. The community's position gives it access to the expanding retail and dining corridor along Highway 71 and FM 620.

Grocery runs, dining, and everyday errands are straightforward - H-E-B, Whole Foods, and the Hill Country Galleria are all within 10 minutes. Medical care is nearby at Baylor Scott & White and St. David's facilities along the Highway 71 corridor.

  • Downtown Austin: 20-25 minutes via Highway 71 to MoPac; 30+ minutes during peak rush hour.
  • Bee Cave / Hill Country Galleria: 5-10 minutes east on Highway 71.
  • Lakeway: 10-15 minutes west via Highway 71.
  • Austin-Bergstrom Airport: 30-35 minutes via Highway 71 to 130 Toll.
  • Dripping Springs: 15-20 minutes southwest via Highway 290.
  • Hamilton Pool Preserve: 15-20 minutes west - one of the area's most popular natural swimming destinations.
Culture

Local Anchors That Shape the Community

Belvedere's identity is shaped by its position in the growing Bee Cave corridor. The area has seen significant commercial development over the past decade, transforming from a rural outpost into a self-sufficient suburban center with restaurants, medical offices, and retail that reduce the need for trips into Austin.

  • Hill Country Galleria: The outdoor shopping and dining center in Bee Cave is the commercial anchor for the area, with restaurants, retail, a movie theater, and seasonal events.
  • Bee Cave commercial corridor: Highway 71 between Bee Cave and Lakeway has added medical facilities, fitness studios, and dining options that serve the daily needs of Belvedere residents.
  • Lake Travis ISD schools: The school district is a defining feature of the community. Lake Travis High School's programs are a major draw.
  • Hill Country trails and preserves: Hamilton Pool, Reimers Ranch, and the Balcones Canyonlands Preserve provide outdoor recreation within 15-20 minutes.
  • Backyard Bee Cave and local dining: The cluster of restaurants along Highway 71 and 620 continues to expand, giving residents more options without driving to Austin.
  • Lake Travis access: While Belvedere is not directly on the lake, boat ramps and marinas are 15-20 minutes away, making weekend lake days practical.

The growth challenge is traffic. As more communities develop along Highway 71 and FM 620, rush hour congestion has increased. The trade-off for living in a gated enclave is accepting that the main roads serving the area will get busier.

Comparison

How Belvedere Compares to Nearby Alternatives

Belvedere buyers typically compare with Spanish Oaks, Bee Cave general market, and Serene Hills. The decision often comes down to lot size preferences, gate access, and price sensitivity.

  • Compared with Bee Cave (general): Bee Cave's broader market includes more affordable options and newer master-planned communities. Belvedere offers the gated privacy and larger lots that general Bee Cave subdivisions lack.
  • Compared with Serene Hills: Serene Hills is a newer master-planned community with similar Lake Travis ISD schools and a slightly lower density feel. Belvedere has more mature landscaping and a more established community identity.
  • Compared with Flintrock Falls: Flintrock Falls is a private golf community in Lakeway with a higher price point. Choose Flintrock for golf; Belvedere for a gated residential community without club obligations.
Keenan Group

The Keenan Perspective on Belvedere

#1 ABoR Team 2024$1B+ Career Sales1,000+ Homes Sold

Belvedere is where we send buyers who want the gated community experience with Lake Travis ISD schools and a reasonable commute to Bee Cave amenities. It hits a sweet spot - more private than general Bee Cave subdivisions, more accessible than Spanish Oaks or Flintrock Falls, and newer construction than many Lakeway neighborhoods.

The biggest opportunity here is in resales that need cosmetic updates. We help buyers identify that value gap.

  • #1 Austin Board of Realtors Team in 2024
  • $1B+ career volume and 1,000+ transactions completed
  • 25+ years selling luxury homes in the Bee Cave and Lake Travis corridor
  • Deep knowledge of gated community dynamics - HOA governance, resale restrictions, and community standards that affect your investment

We add value in Belvedere by knowing the build quality of individual homes, which builders constructed which sections, and which lots have the best long-term view protection. In a small community, that granular knowledge matters more than broad market statistics.

Frequently Asked

Quick Answers About Belvedere

Belvedere is 20-25 minutes from downtown Austin via Highway 71 to MoPac during off-peak hours. During rush hour, expect 30-35 minutes. Bee Cave and the Hill Country Galleria are 5-10 minutes east. Austin-Bergstrom Airport is 30-35 minutes away.

Belvedere is served by Lake Travis ISD. The school path includes Lake Travis Elementary, Lake Travis Middle School, and Lake Travis High School. Lake Travis ISD is consistently rated among the top districts in the Austin metro area.

Yes. Belvedere is a gated community with controlled access. The gate provides privacy and limits through-traffic, which is one of the primary appeals for buyers choosing Belvedere over non-gated alternatives in the Bee Cave area.

Both are luxury communities near Bee Cave with Lake Travis ISD. Spanish Oaks has larger estate lots, a Bobby Weed-designed golf course, and generally higher prices. Belvedere offers gated privacy and custom homes with no golf club, for luxury buyers not seeking a club lifestyle.

Rough Hollow is a larger master-planned community adjacent to Lakeway with direct Lake Travis access and amenities including a yacht club. Belvedere is smaller, gated, and closer to the Bee Cave commercial corridor. Pricing overlaps for comparable homes. Buyers prioritizing Lake Travis waterfront access or community amenities tend to choose Rough Hollow; buyers prioritizing gated-community privacy and Bee Cave proximity choose Belvedere. Both are Lake Travis ISD.

Belvedere includes a community amenity center typical of Lake Travis-area luxury gated communities - pool, fitness area, social gathering space, and community events. The exact amenity mix varies; check with the HOA for current feature list. Unlike Spanish Oaks or Flintrock Falls, Belvedere does not have golf on site, which keeps HOA fees lower but means golfers maintain memberships elsewhere (Spanish Oaks Golf Club, Lakeway Country Club, or Hurst Creek).

Most of Belvedere is built out, but custom new-build opportunities exist on remaining lots and occasional teardown candidates. Total cost for a custom build (lot plus construction) depends on home size and finishes; we price both pieces with you before you buy a lot. Buyers considering new construction should verify HOA architectural review requirements and the Austin-area tree preservation ordinance before committing.

The Keenan Group is the #1 Austin Board of Realtors Team (2024) with 25+ years selling luxury homes in the Bee Cave corridor. With $1B+ in career sales and deep knowledge of gated community dynamics, we help buyers evaluate build quality, HOA structures, and long-term value. Contact us at (512) 415-7653.

Best Restaurants Near Belvedere

Where Belvedere buyers and residents actually eat - from date night to weeknight favorites.

NameCuisine / TypePriceHighlightsLast verified
The Grove Wine Bar & Kitchen
3001 RR 620 S, Austin, TX 78738
Wine Bar / New American$$$
  • The date-night anchor of the 620 corridor
  • Over 60 wines by the glass, artisan pizzas from a wood-fired oven, and a patio that fills up by 6 PM on Fridays
2026-03-27
SP Brazilian Steakhouse
900 Ranch Rd 620 S, Ste B108, Lakeway, TX 78734
Brazilian Steakhouse$$$$
  • All-you-can-eat rodizio with 15+ cuts carved tableside
  • The salad bar is substantial enough to matter on its own, with imported cheeses, hearts of palm, and smoked salmon
  • It works best for group dinners when everyone wants a lively room and nobody wants to negotiate the menu
2026-03-27
The Gramercy
1516 Ranch Rd 620 S, Bldg F, Ste 200, Lakeway, TX 78734
American / Brunch$$$
  • Upscale brunch and dinner spot in the Oaks at Lakeway center
  • The chicken and waffles are a weekend staple, and the cocktail program punches above what you'd expect in a suburban shopping center
2026-03-27
Apis Restaurant & Apiary
23526 Hwy 71 W, Spicewood, TX 78669
American Fine Dining$$$$
  • Fine dining and bee sanctuary on a quiet stretch of Highway 71
  • Chef-driven menu changes with the seasons, and the apiary on-site produces honey used in cocktails and dishes
2026-03-27
Opie's Barbecue
9504 Highway 71 E, Spicewood, TX 78669
Texas BBQ$$
  • No-frills roadside BBQ that draws serious pitmasters and weekend crowds
  • The brisket sells out early on Saturdays - get there before noon or call ahead
2026-03-27
Angel's Icehouse
21815 State Hwy 71, Spicewood, TX 78669
American / Bar & Grill$$
  • Dog-friendly icehouse with a big outdoor patio, rotating food trucks, and live music on weekends
  • The community feel here is real - regulars know each other by name
2026-03-27
Cafe Blue
12800 Hill Country Blvd, Ste G-115, Bee Cave, TX 78738
Coastal Seafood$$$
  • The oyster bar at Hill Country Galleria
  • Fresh-shucked half shells, cedar plank salmon, and crab-stuffed flounder
2026-03-27
Tadashi
12820 Hill Country Blvd, Ste E105, Bee Cave, TX 78738
Japanese$$$
  • Japanese cuisine beyond sushi at Hill Country Galleria
  • Seasonal small plates meant for sharing, paired with sake or wine
2026-03-27
Buenos Aires Cafe
13500 Galleria Cir, Ste U120, Bee Cave, TX 78738
Argentine$$
  • Authentic Argentine at the Galleria
  • Empanadas, chimichurri steak, and South American wines
2026-03-27

Best Trails & Outdoor Spots Near Belvedere

Trails and outdoor activities that buyers and locals ask about most.

NameHighlights
Canyonlands & Mt. Lakeway Trail System
  • 3+ miles of interconnected trails, Easy to Challenging, Hiking / Mountain Biking
  • Lakeway's signature trail network across 20 acres at Rough Hollow Cove
Pace Bend Park
  • Multiple trails, 1-5 miles, Easy to Moderate, Hiking / Swimming / Camping
  • 1,368-acre Travis County park on a peninsula jutting into Lake Travis
Muleshoe Bend Recreation Area
  • 9.8 miles, Easy to Moderate, LCRA Park / Biking / Hiking
  • A 654-acre park on a bend of Lake Travis known for two things: mountain biking trails and spring bluebonnets
Hamilton Pool Preserve
  • 0.75 mile trail to pool, Moderate, Natural Pool / Hiking
  • A collapsed grotto with a 50-foot waterfall feeding a jade-green swimming hole

Things To Do Near Belvedere

Family favorites, date night ideas, and local experiences close to the neighborhood.

NameHighlights
High 5 Entertainment
  • 47,000 sq ft, two-story entertainment complex with 28 bowling lanes, laser tag, arcade, hatchet throwing, TopGolf Swing Suite, and a scratch kitchen
  • The go-to for birthday parties, rainy days, and Friday nights when you don't want to drive to Austin
Lake Travis Zipline Adventures
  • Five ziplines including one that stretches more than 2,800 feet across a Lake Travis cove
  • Day and night tours give Lakeway families a real half-day activity when guests are in town
  • This is better as a planned outing than a casual drop-in, which is exactly why it stands out in the area
Lake Travis Wine Trail
  • Half a dozen wineries and tasting rooms scattered between Spicewood, Marble Falls, and Lakeway
  • Spicewood Vineyards, Stone House, El Gaucho, and Flat Creek Estate are all within a short drive
Bee Cave Sculpture Park
  • A free outdoor sculpture garden adjacent to the Hill Country Galleria
  • Rotating installations from Texas and national artists, walking paths through native landscaping
  • Typical spend: Free
Hill Country Galleria
  • 152-acre open-air shopping and entertainment center in Bee Cave
  • Mix of national retailers, local boutiques, and restaurants
Hamilton Pool Preserve
  • Natural grotto with a 50-foot waterfall into a jade swimming hole
  • Reservations required in summer and they sell out weeks ahead
Compare

How Belvedere Compares

Side-by-side comparison with similar Austin neighborhoods based on price range, school district, and location.

BelvedereCurrent
Median Price$2.13M
Active Listings6
Median Price$944K
Active Listings14
View Guide
Median Price$3.65M
Active Listings8
View Guide
Median Price$960K
Active Listings41
View Guide
Median Price$678K
Active Listings35
View Guide

Median sale price, trailing 12 months ending November 2, 2026 · Keenan Luxury Market Index, MLS closed sales. Contact Keenan Group for a personalized comparison.

Belvedere Real Estate Market

Homes in Belvedere sell for around $469 per square foot, roughly 1.6 times the City of Austin median of $296.

Belvedere market data as of November 2026
MetricBelvedereCity of Austin
Median Sold Price (12M)$2.13M$600K
Median Days on Market34 days39 days
Sale-to-List Ratio94.0%93.5%
Median $/sqft (typical home)$469$296
Active Listings63,139
Homes Sold (12M)108,777
Months of Supply7.24.3

Data as of . Source: Keenan Group at Compass Real Estate, Austin MLS (ACTRIS). City of Austin reflects closed sales within its city limits over the trailing 12 months.

How Belvedere Compares

Belvedere compared to nearby neighborhoods
NeighborhoodMedian PriceSchool DistrictZIPActive Listings
Belvedere (you are here)$2.13MLake Travis ISD787386
Hills of Lakeway$944KLake Travis ISD7873814
Spanish Oaks$3.65MLake Travis ISD787388
Rough Hollow$960KLake Travis ISD7873841
Sweetwater$678KLake Travis ISD7873835

Median sale price, trailing 12 months ending November 2, 2026 · Keenan Luxury Market Index, MLS closed sales

Last updated

What Clients Say About Belvedere

Real experiences from buyers and sellers in this neighborhood

View all testimonials
Belvedere

We had been casually looking for over a year when Cara called about a home in Belvedere that hadn't hit the MLS yet. She knew we wanted acreage with Hill Country views and Lake Travis ISD schools. We saw it that weekend and made an offer Monday. That kind of access to off-market inventory is something you just don't get with most agents. The whole process from offer to close was about five weeks.

T. Morrison

Belvedere
Joe helped us sell our Belvedere home when we relocated to Colorado. We were nervous about managing a sale from out of state, but Joe handled everything — contractor coordination, staging,...Read more

Joe helped us sell our Belvedere home when we relocated to Colorado. We were nervous about managing a sale from out of state, but Joe handled everything — contractor coordination, staging, photography, even checking on the house after storms. He priced it right and we had a solid offer within three weeks. The communication was excellent the entire time. Never had to chase him for updates.

A. McGuire

Belvedere
As second-home buyers from Dallas, we needed someone who really understood the Lake Travis corridor. Cara walked us through Belvedere, Serene Hills, and Rough Hollow over two days and gave us honest...Read more

As second-home buyers from Dallas, we needed someone who really understood the Lake Travis corridor. Cara walked us through Belvedere, Serene Hills, and Rough Hollow over two days and gave us honest comparisons on HOA fees, build quality, and resale trends. We went with Belvedere for the lot sizes and the privacy. Cara made the remote closing process straightforward.

D. Torres

Belvedere

Austin's #1 Real Estate Team · 2024 Austin Board of Realtors

The Keenan Group in Belvedere

Belvedere home sales at all price points, last 12 months: $2.13M median sale · 34 median days on market · 94% of list · indicative

#1ABoR Team 2024
$1B+Career Sales
1000+Homes Sold
25+Years Experience

Source: Keenan Group at Compass · Updated November 2026