$2,350,000
For Sale

1116 Terjo Lane

Austin, TX 78732
6441 sqft | 6 beds | 6 baths | 0.76 acres | #4123619
Browse 40 photos
Type:Purchase
Structure:House
Zone:Residential

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 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
      • InteriorChandelier, Crown Molding, Cathedral Ceilings, Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Multiple Living A
      • Exterior MaterialsBalcony, Dog Run, Garden, Outdoor Grill, Private Yard, Sport Court, Fire Pit
      • Lot DescriptionBack Yard, Corner Lot, Front Yard, Near Golf Course, Trees Medium Size
      • Utility FeaturesElectricity Available, Phone Available, Water Available
      • Property SubtypeSingleFamilyResidence
      • Middle SchoolCanyon Ridge
      • ViewTrees Woods
      • Sewer InformationSeptic Tank
      • SubdivisionRiver Ridge
      • School DistrictLeander ISD
      • Elementary SchoolRiver Ridge
      • High SchoolVandegrift
      • Original List Price$2,350,000
      • Property TypePurchase
      • Taxes Annual$18,372
      • MLS #4123619
      • Cost2350000
      • MLS #4123619
      • Utility SourcePublic
      • CountyTravis
      • Property ConditionResale
      • Acres0.763
      • Square Feet6441
      • Year Built2015
      • FoundationSlab
      • Fireplaces1
      • Bedrooms6
      • Bathrooms6
      • Full Baths6
      • Pool1
      • Parking Spaces3
      • Days on Market (Cumulative)1

Location

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Based on information submitted to the MLS GRID as of 2025-08-19 15:07:59 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on information from the Austin Board of REALTORS®. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided "AS IS" and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

Last Updated: . Source: ACTRIS

Listing Courtesy
Listing Agent: Dylan Haines (#695589), Phone: (512) 633-0864
Listing Office: Compass RE Texas, LLC (#700459)

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