1116 Terjo LN, Austin TX 78732, Austin, TX 78732
About this property
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!
Basic Property Information
School District
Home Owners Association
Amenities and Features
Utilities
Heating: Ceiling,Central,Electric
Cooling: Ceiling Fan(s),Central Air
Electricity Available,Phone Available,Water Available
Sewer: Septic Tank
Water: Public
Additional Details
Walk Score
Based on information from the Austin Board of REALTORS® for the period 08/22/2025 through 08/22/2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.
