Austin, TX 78732 1116 Terjo Ln
$2,350,000
35 more
Presented By: Compass RE Texas, LLC;
Beds • 6
Baths • 6
SQFT • 6,441
Garage • 3
Home Details
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!
Presented By: Compass RE Texas, LLC;
Interior Features for 1116 Terjo Ln
Bedrooms
Main Level Bedrooms1
Total Bedrooms6
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourcePublic Records
Fireplace FeaturesFire Pit, Primary Bedroom
FlooringCarpet, Laminate
Interior AmenitiesCathedral Ceiling(s), Ceiling-High, Chandelier, Granite Counters, Crown Molding, Double Vanity, Entrance Foyer, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Walk-In
Total Fireplaces1
Window FeaturesShutters, Window Treatments
General for 1116 Terjo Ln
AccessibilityNone
Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Exhaust Fan, Oven, Stainless Steel Appliance(s), Trash Compactor, Electric Water Heater
CityAustin
Community FeaturesGolf, Lake, Park, Playground, Trail(s)
Construction MaterialsMasonry – Partial
CoolingCeiling Fan(s), Central Air
CountyTravis
DirectionsHead on Ranch Rd 620 and turn on Quinlan Park Rd. Go aprox 4 miles and Turn left onto Terjo Ln. Destination will be on the right.
DisclosuresSee Remarks
Elementary SchoolRiver Ridge
Energy EfficientNone
Facing DirectionNorth
Full Baths6
Garage Spaces3
Green SustainabilityNone
HOANo
HeatingCeiling, Central, Electric
High SchoolVandegrift
LevelsTwo
Living Area6441
Lot Size Square Feet33236.28
MLS AreaRN
Middle/Junior High SchoolCanyon Ridge
New ConstructionNo
Other StructuresNone
Patio/Porch FeaturesPatio
Pool FeaturesCabana
Property ConditionResale
Property SubtypeSingle Family Residence
Property TypeResidential
RoofComposition
Security FeaturesSmoke Detector(s)
SewerSeptic Tank
Spa FeaturesNone
Standard StatusActive
StatusActive
Subdivision NameRiver Ridge
Tax Annual Amount18372
Tax Assessed Value1158696
Tax Year2023
UtilitiesElectricity Available, Phone Available, Water Available
ViewTrees/Woods
Waterfront FeaturesNone
Year Built2015
Year Built SourcePublic Records
Exterior for 1116 Terjo Ln
Covered Spaces3
Exterior AmenitiesBalcony, Dog Run, Garden, Outdoor Grill, Private Yard, Sport Court
FencingPrivacy
Foundation DetailsSlab
Horse Amenities None
Horse Y/NNo
Lot FeaturesBack Yard, Corner Lot, Front Yard, Near Golf Course, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)
Lot Size Acres0.763
Parking FeaturesAttached, Door-Multi, Garage Door Opener, Garage Faces Front
Total Parking5
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Vandegrift High School
Middle School
Canyon Ridge Middle School
Elementary School
River Ridge Elementary School
Ingrid Donelson
Texas Licensed Realtor®