1116 Terjo LN, Austin, TX 78732
1116 Terjo LN

1116 Terjo LN

1116 Terjo LN, Austin, TX

$2,350,000

HIGHLIGHTS
  • 6 Beds
  • 6 Full Baths
  • 0.76 Acres Lot
  • 6,441 Sq.Ft. Living
  • 2015 Year Built
  • Active Under Contract Status
  • 4123619 MLS® ID
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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FEATURES & AMENITIES

Interior

  • Total Bedrooms6
  • Total Bathrooms6
  • Full Bathrooms6
  • FlooringCarpet, Laminate
  • FireplaceFire Pit, Primary Bedroom
  • APPLIANCESDishwasher, Disposal, Exhaust Fan, Oven, Stainless Steel Appliance(s), Trash Compactor, Electric Water Heater
  • other interior FeaturesCathedral Ceiling(s), High Ceilings, Chandelier, Granite Counters, Crown Molding, Double Vanity, Entrance Foyer, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)

Area & Lot

  • Status Active Under Contract
  • Living Area6,441 Sq.Ft.
  • Lot Area0.76 Acres
  • MLS® ID4123619
  • TypeResidential
  • YEAR BUILT2015
  • water FrontageNone
  • View DescriptionTrees/Woods
  • Elementary SchoolRiver Ridge
  • Middle SchoolCanyon Ridge
  • High SchoolVandegrift
  • School DistrictLeander ISD

Exterior

  • STORIES2
  • Garage Spaces3.0
  • Water SourcePublic
  • utilitiesElectricity Available, Phone Available, Water Available
  • PoolCabana
  • roofComposition
  • lot featuresBack Yard, Corner Lot, Front Yard, Near Golf Course, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
  • parkingAttached, Door-Multi, Garage Door Opener, Garage Faces Front
  • HEAT TYPECeiling, Central, Electric
  • AIR CONDITIONINGCeiling Fan(s), Central Air
  • sewerSeptic Tank
  • SubstructureSlab
  • Disability FeaturesNone
  • other exterior FeaturesBalcony, Dog Run, Garden, Outdoor Grill, Private Yard, Sport Court

Financial

  • Sales Price$2,350,000
  • Real Estate Tax $18,372/yr

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Insightful local knowledge and extensive expertise. We looks forward to earning your family’s trust and leveraging our success for your benefit for generations to come. We looks forward to earning your family’s trust and leveraging our success for your benefit for generations to come.

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