1116 Terjo Lane

Austin TX 78732

6441 sq. ft.

33236.28 sq. ft.

Single-Family

Currently for sale - view listing

Overview

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!

Features

6 bedrooms

6 bathrooms

5 carspaces

3 garage spaces

6441 sq. ft. floor area

33236.28 sq. ft. lot size

Single-Family

Property history for 1116 Terjo Lane

2023

Sold

Undisclosed

01 Nov 2023 by Gene Arant, of Keller Williams - Lake Travis

2014

Sold

Undisclosed

17 Nov 2014 by Gene Arant, of Keller Williams - Lake Travis

Happy sellers in Austin

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