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support@pinnaclera.com +1(972) 338-5441

$ 2,350,000

Est. payment -/mo

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1116 Terjo LN Austin, TX 78732

6 Beds

6 Baths

6,441 SqFt

UPDATED:

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

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 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

Rooms

Main Level Bedrooms 1

Interior

Interior Features Cathedral 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)

Heating Ceiling, Central, Electric

Cooling Ceiling Fan(s), Central Air

Flooring Carpet, Laminate

Fireplaces Number 1

Fireplaces Type Fire Pit, Primary Bedroom

Fireplace No

Appliance Dishwasher, Disposal, Exhaust Fan, Oven, Stainless Steel Appliance(s), Trash Compactor, Electric Water Heater

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

Porch Patio

Total Parking Spaces 5

Private Pool Yes

Building

Lot Description Back Yard, Corner Lot, Front Yard, Near Golf Course, Public Maintained Road, Trees-Medium (20 Ft - 40 Ft)

Faces North

Foundation Slab

Sewer Septic Tank

Water Public

Level or Stories Two

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

Listed by Compass RE Texas, LLC