1116 Terjo LN, Austin TX 78732

$2,350,000
1116 Terjo LN, Austin TX 78732, Austin

Overview

  • Updated On:
  • November 25, 2025
  • 6 Bedrooms
  • 6 Bathrooms
  • 6,441 ft2

Description

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!

Address: 1116 Terjo LN, Austin TX 78732
City:
State/County:
Zip: 78732
Country: United States

Property Id: 8745235
Price: $2,350,000
Property Size: 6,441 ft2
Property Lot Size: 1 ft2
Bedrooms: 6
Bathrooms: 6
ACTRIS_LaundryLocation: Laundry Room
ACTRIS_NumDining: 1
ACTRIS_NumLiving: 2
Other Level Bedrooms: 5
ACTRIS_TaxFilledSqftTotal: 1745
AccessibilityFeatures: None
BathroomsFull: 6
CommunityFeatures: Golf,Lake,Park,Playground
Cooling: Ceiling Fan(s),Central Air
DirectionFaces: North
ElementarySchool: River Ridge
ElementarySchoolDistrict: Leander ISD
FireplaceFeatures: Fire Pit,Primary Bedroom
FireplacesTotal: 1
Flooring: Carpet,Laminate
FoundationDetails: Slab
GarageSpaces: 3
Heating: Ceiling,Central,Electric
HighSchool: Vandegrift
ListOfficeName: Compass RE Texas, LLC
LivingAreaSource: Public Records
LotFeatures: Back Yard,Corner Lot,Front Yard,Near Golf Course,Public Maintained Road,Trees-Medium (20 Ft - 40 Ft)
MiddleOrJuniorSchool: Canyon Ridge
MLSAreaMajor: RN
MlsStatus: Active
OtherStructures: None
ParkingFeatures: Attached,Door-Multi,Garage Door Opener,Garage Faces Front
PatioAndPorchFeatures: Patio
PoolFeatures: Cabana
Roof: Composition
Sewer: Septic Tank
SpaFeatures: None
StateOrProvince: TX
TaxAnnualAmount: 18372
Utilities: Electricity Available,Phone Available,Water Available
View: Trees/Woods
WaterfrontFeatures: None
WaterSource: Public
YearBuilt: 2015
ListingId: 4304128
ACTRIS_NumOtherLevelBeds: 5
ACTRIS_PropertyKey: 48453|125736|1|37096663
ListOfficePhone: (512) 575-3644
MainLevelBedrooms: 1
SyndicationRemarks: 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!
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
InternetEntireListingDisplayYN: 1
Levels: Two
ModificationTimestamp: November 25, 2025 at 10:01am
ACTRIS_EstimatedTaxes: 21748
CoveredSpaces: 3
Fencing: Privacy
ACTRIS_Country: US
LotSizeArea: 0.763
PropertyCondition: Resale

Other Features
Balcony
Cathedral Ceiling(s)
Chandelier
Crown Molding
Dishwasher
Disposal
Dog Run
Double Vanity
Electric Water Heater
Electrical Utility Available
Entrance Foyer
Exhaust Fan
Garage Attached
Garden
Granite Counters
Has Garage
Has Pool
High Ceilings
Multiple Living Areas
Open Floorplan
Outdoor Grill
Oven
Pantry
Primary Bedroom on Main
Private Yard
Recessed Lighting
Sport Court
Stainless Steel Appliance(s)
Trash Compactor
Walk-In Closet(s)

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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