1116 Terjo Ln, Austin, TX 78732

Local realty services provided by:ERA EXPERTS
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Listed by:dylan haines
Office:compass re texas, llc.
MLS#:4123619
Source:ACTRIS
1116 Terjo Ln,Austin, TX 78732
$2,350,000
  • 6 Beds
  • 6 Baths
  • 6,441 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$364.85

About this home

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!

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Home facts

  • Year built:2015
  • Listing Id #:4123619
  • Updated:August 19, 2025 at 10:41 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:6,441 sq. ft.

Heating and cooling

  • Cooling:Ceiling, Central, Electric
  • Heating:Ceiling, Central, Electric

Structure and exterior

  • Roof:Composition
  • Year built:2015
  • Building area:6,441 sq. ft.

Schools

  • High school:Vandegrift
  • Elementary school:River Ridge

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$364.85
  • Tax amount:$18,372 (2023)
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.

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