1. Texas
2. Austin
3. 1116 Terjo LN

1116 Terjo LN, Austin, TX 78732

• 6 beds |
• 6 baths |
• 6,441 sqft

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!

Listing Status:

Active

Listing Office:

Compass RE Texas, LLC : (512) 575-3644

Listing Agent:

Dylan Haines : (512) 633-0864

MLS ID:

4123619

Interior

• General: Cathedral Ceiling(s)High CeilingsChandelierGranite CountersCrown MoldingDouble VanityEntrance FoyerMultiple Living AreasOpen FloorplanPantryPrimary Bedroom on MainRecessed LightingWalk-In Closet(s)
• Appliances: DishwasherDisposalExhaust FanOvenStainless Steel Appliance(s)Trash CompactorElectric Water Heater
• Laundry: Laundry Room
• Flooring: CarpetLaminate
• A/C: Ceiling Fan(s)Central Air
• Heating: CeilingCentralElectric
• Fireplace: Fire PitPrimary BedroomFireplaces: 1
• Eco/Green Feature: NoneNone

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Dylan Haines, Compass RE Texas, LLC