1116 Terjo LN new Save Request In-Person Tour Request Virtual Tour
Austin,TX 78732
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 6,441 sqft
Price per Sqft $364
Subdivision River Ridge
MLS Listing ID 4123619
Style Multi-level Floor Plan
Bedrooms 6
Full Baths 6
Year Built 2015
Annual Tax Amount $18,372
Tax Year 2023
Lot Size 0.763 Acres
Property Sub-Type Single Family Residence
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 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!
Location
State TX
County Travis
Interior
Heating Ceiling,Central,Electric
Cooling Ceiling Fan(s),Central Air
Flooring Carpet,Laminate
Fireplaces Number 1
Fireplaces Type Fire Pit,Primary Bedroom
Exterior
Exterior Feature Balcony,Dog Run,Garden,Outdoor Grill,Private Yard,Sport Court
Garage Spaces 3.0
Fence Privacy
Pool Cabana
Community Features Golf,Lake,Park,Playground,Trail(s)
Utilities Available Electricity Available,Phone Available,Water Available
Waterfront Description None
View Trees/Woods
Roof Type Composition
Building
Lot Description Back Yard,Corner Lot,Front Yard,Near Golf Course,Public Maintained Road,Trees-Medium (20 Ft - 40 Ft)
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Masonry – Partial
New Construction No
Schools
Elementary Schools River Ridge
Middle Schools Canyon Ridge
High Schools Vandegrift
School District Leander Isd
Others
Special Listing Condition Standard