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1116 Terjo LN
Austin, TX, 78732
$2,350,000
6 Beds
6 Baths
6,441 SqFt
0.76 Acres
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Rare opportunity in Steiner Ranch—this 6 bed, 6 bath, 6,441 sq. ft. estate sits on a double lot just minutes from Lake Austin and comes fully turnkey with a pool, pickleball court, and over $100K in designer furnishings. The home features expansive living spaces including a massive event room that can flex as a playroom, gym, or entertainment hall. Currently operated as a short-term rental, it produced $265K in gross revenue over the past 12 months with projections to exceed $300K in 2026, operating at ~9% cap rate. With $100K in future bookings, no HOA, and outside Austin’s ETJ—saving an additional 11% in city STR taxes—this property is both a lifestyle retreat and proven income generator. Contact the listing agent for verified financials, pro formas, and additional details!

Property Details

Price:
$2,350,000
MLS #:
4123619
Status:
Active
Beds:
6
Baths:
6
Address:
1116 Terjo LN
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
River Ridge
City:
Austin
Listed Date:
Aug 19, 2025
State:
TX
Finished Sq Ft:
6,441
ZIP:
78732
Lot Size:
33,236 sqft / 0.76 acres (approx)
Year Built:
2015
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Schools

School District:
Leander ISD
Elementary School:
River Ridge
Middle School:
Canyon Ridge
High School:
Vandegrift

Interior

Appliances
Dishwasher, Disposal, Exhaust Fan, Oven, Stainless Steel Appliance(s), Trash Compactor, Electric Water Heater
Bathrooms
6 Full Bathrooms
Cooling
Ceiling Fan(s), Central Air
Fireplaces Total
1
Flooring
Carpet, Laminate
Heating
Ceiling, Central, Electric

Exterior

Community Features
Golf, Lake, Park, Playground
Exterior Features
Balcony, Dog Run, Garden, Outdoor Grill, Private Yard, Sport Court
Other Structures
None
Parking Features
Attached, Door- Multi, Garage Door Opener, Garage Faces Front
Roof
Composition

Financial

Taxes
$18,372

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Community

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1116 Terjo LN
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