1116 Terjo LN Austin, TX 78732 New

UPDATED: 11/24/2025 04:09 PM ON MARKET: 1 days on market

$2,350,000

6 Beds6 Baths6,441 SqFt

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 4304128

Style Multi-level Floor Plan

Bedrooms 6

Full Baths 6

HOA Y/N No

Year Built 2015

Annual Tax Amount $18,372

Tax Year 2023

Lot Size 0.763 Acres

Acres 0.763

Property Sub-Type Single Family Residence

Source actris

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 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!