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1116 Terjo Lane Austin , TX 78732

Property listed by Compass RE Texas, LLC 512-575-3644 (512) 633-0864

Description

6 Beds
6 Baths
6,441 Sqft
33,236 Sqft lot
0.76 Acre lot
Status: Active
Property Type: Singlefamilyresidence
Year Built: 2015
Neighborhood: River Ridge
Days on Website: 26
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!

Open House

Property Details and Features

Contact an Agent

Kenney Grant Realty

512 563-9967 512 563-9967

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