$2,350,000
1116 Terjo Lane, Austin, TX
6
Beds
6
Baths
6,441
Square feet
0.76
Acres
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 Austins 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!
Facts & Features
| ListingFeed | abor |
|---|---|
| MLS® # | 4304128 |
| Price | $2,350,000 |
| Bedrooms | 6 |
| Bathrooms | 6.00 |
| Full Baths | 6 |
| Square Footage | 6,441 |
| Acres | 0.76 |
| Year Built | 2015 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 1116 Terjo Lane |
|---|---|
| Subdivision | River Ridge |
| City | Austin |
| County | Travis |
| State | TX |
| Zip Code | 78732 |
Amenities
| Utilities | Electricity Available, Phone Available, Water Available |
|---|---|
| Features | Golf, Lake, Playground, Park, Trails/Paths |
| Parking | Attached, Door-Multi, Garage Faces Front, Garage |
| # of Garages | 3 |
| Garages | Garage Door Opener |
| View | Trees/Woods |
| Is Waterfront | No |
| Waterfront | None |
| Has Pool | Yes |
Interior
| Interior | Carpet, Laminate |
|---|---|
| Appliances | Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Stainless Steel Appliance(s), Trash Compactor |
| Heating | Ceiling, Central, Electric |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Primary Bedroom |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Exterior Features | Balcony, Garden, Outdoor Grill, Private Yard, Dog Run, Fire Pit, Sport Court |
|---|---|
| Lot Description | Back Yard, Corner Lot, Front Yard, Near Golf Course, Trees Medium Size |
| Roof | Composition |
| Construction | Masonry |
| Foundation | Slab |
School Information
| District | Leander ISD |
|---|---|
| Elementary | River Ridge |
| Middle | Canyon Ridge |
| High | Vandegrift |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
| Contact Details | (512) 633-0864 |