1116 Terjo Lane
- $2,350,000
- 6 Beds, 6 Bath, 6441 SQ. Feet, 0.76 Acres Residential Austin, TX 78732
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!
Essential Information
- MLS® #4304128
- Price$2,350,000
- Bedrooms6
- Bathrooms6.00
- Full Baths6
- Square Footage6,441
- Acres0.76
- Year Built2015
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address1116 Terjo Lane
- SubdivisionRiver Ridge
- CityAustin
- CountyTravis
- StateTX
- Zip Code78732
Amenities
- # of Garages3
- GaragesGarage Door Opener
- ViewTrees/Woods
- WaterfrontNone
- Has PoolYes
Utilities
Electricity Available, Phone Available, Water Available
Features
Golf, Lake, Playground, Park, Trails/Paths
Parking
Attached, Door-Multi, Garage Faces Front, Garage, Garage Door Opener
Interior
- InteriorCarpet, Laminate
- HeatingCeiling, Central, Electric
- CoolingCentral Air, Ceiling Fan(s)
- FireplaceYes
- # of Fireplaces1
- FireplacesPrimary Bedroom
- # of Stories2
- StoriesTwo
Appliances
Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Stainless Steel Appliance(s), Trash Compactor
Exterior
- WindowsWindow Treatments, Shutters
- RoofComposition
- ConstructionMasonry
- FoundationSlab
Exterior Features
Balcony, Garden, Outdoor Grill, Private Yard, Dog Run, Fire Pit, Sport Court
Lot Description
Back Yard, Corner Lot, Front Yard, Near Golf Course, Trees Medium Size
School Information
- DistrictLeander ISD
- ElementaryRiver Ridge
- MiddleCanyon Ridge
- HighVandegrift
Property Listed by: Compass Re Texas, Llc
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from December 12th, 2025 at 7:45pm CST. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
All information provided is deemed reliable but is not guaranteed and should be independently verified.