Residential Active

1116 Terjo LN, Austin TX 78732,Austin,Travis,Residential

1116 Terjo LN, Austin TX 78732
  • $2,350,000

Overview

Property ID: 4123619
  • Single Family Residence
  • Property Type
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • 3
  • Garages
  • 6441
  • Sq Ft
  • 2015
  • Year Built

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!

  • Address Terjo
  • City Austin
  • State/county Travis
  • Zip/Postal Code 78732

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