$2,350,000

1116 Terjo LN, Austin, TX 78732

6 beds |
6 baths |
6,441 sqft

Single-Family Home
Built in 2015
0.76acre lot
3 car garage
$365/sqft
Listed 1 month ago

Property 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!

Listing Status:: Active
Listing Office:: Compass RE Texas, LLC : (512) 575-3644
Listing Agent:: Dylan Haines : (512) 633-0864
MLS ID:: 4304128

General: Cathedral Ceiling(s)Ceiling-HighChandelierGranite CountersCrown MoldingDouble VanityEntrance FoyerMultiple Living AreasOpen FloorplanPantryPrimary Bedroom on MainRecessed LightingWalk-In Closet(s)
Appliances: DishwasherDisposalExhaust FanOvenStainless Steel Appliance(s)Trash CompactorElectric Water Heater
Laundry: Laundry Room
Flooring: CarpetLaminate
A/C: Ceiling Fan(s)Central Air
Heating: CeilingCentralElectric
Fireplace: Fire PitPrimary BedroomFireplaces: 1
Eco/Green Feature: NoneNone

General: BalconyDog RunGardenOutdoor GrillPrivate YardSport Court
Other Structures: Patio
Pool: Cabana
Parking: AttachedDoor-MultiGarage Door OpenerGarage Faces FrontParking spaces: 5

Roofing: Composition
Windows: ShuttersWindow Treatments
General: TwoSlab

HOA Amenities: GolfLakeParkPlaygroundTrail(s)
Originating MLS: actris
School District: Leander ISD
County: Travis

Zoning: LOT 1&17 BLK F RIVER RIDGE01295505060000
View: Trees/Woods
Fencing: Privacy

Utilities: Electricity AvailablePhone AvailableWater Available
Water: Public
Sewer: Septic Tank

Source: actris

This listing courtesy of Dylan Haines, Compass RE Texas, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

River Ridge Elementary School

12900 Tierra Grande Trl, Austin, TX, 78732

Grades KG-5

1.07 miles away

Canyon Ridge Middle School

12601 Country Trails Ln, Austin, TX, 78732

Grades 6-8

2.57 miles away

Vandegrift High School

9500 McNeil Dr, Austin, TX, 78750

Grades 9-12

7.41 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.