This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
$2,350,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/40
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 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!
Full Property Details
Full Property Details for 1116 Terjo Ln
General
- Price: $2,350,000
- Taxes: $18,372 (2023)
- Status: Active
- Type: Single Family
- Source: Austin_MLS
- MLS ID: 4304128
- Updated: 11/24/2025
- Added to Site: 53 day(s) ago
Interior
- Interior Features: Chandelier, Crown Molding, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, Granite Counters, High Ceilings, Multiple Living Areas, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s)
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Primary Bedroom
- Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Stainless Steel Appliance(s), Trash Compactor
- Flooring: Carpet, Laminate
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
- Bedrooms Main: 1
Other Rooms
- Laundry: Laundry Room
Additional Information
- Shared Amenities: Golf, Lake, Playground, Park, Trails/Paths
- Pool: Yes
- Private Pool: Yes
- Pool Description: Cabana
- Spa Description: None
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Balcony, Dog Run, Garden, Outdoor Grill, Private Yard, Sport Court, Fire Pit
- Porch/Patio/Deck: Patio, Balcony
Parking
- Garage: Yes
- Garage Spaces: 3
- Covered Spaces: 3
- Total Spaces: 5
- Parking Features: Attached, Door-Multi, Garage Faces Front, Garage, Garage Door Opener
Location
- Area: RN
- County: Travis
- Subdivision: River Ridge
- Driving Directions: Head on Ranch Rd 620 and turn on Quinlan Park Rd. Go aprox 4 miles and Turn left onto Terjo Ln. Destination will be on the right.
- Direction Faces: North
School Information
- Elem School District: Leander ISD
- Midd School District: Leander ISD
- High School District: Leander ISD
- Elementary School: River Ridge
- Middle School: Canyon Ridge
- High School: Vandegrift
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Ceiling, Central, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Electricity Available, Phone Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Masonry
- Roof: Composition
- Windows: Shutters, Window Treatments
- Stories/Levels: 2
- Square Feet: 6,441
- Sq. Ft. Source: Public Records
- Living Area: 6,441 Sq. Ft.
- Year Built: 2015
- Year Built Source: Public Records
- Property Condition: Resale
Additional Structures
- Other Structures: None
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.763
- Lot Size (Sq. Ft.): 33,236.28
- Fence: Yes
- Lot Features: Back Yard, Corner Lot, Front Yard, Near Golf Course, Trees Medium Size
- Fencing (Description): Privacy
Financial Considerations
- Assessment Amount: $1,158,696
- Tax Amount: $18,372
- Tax Year: 2023
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- Documents Avail.: See Remarks
- Legal Description: LOT 1&17 BLK F RIVER RIDGE
- Disclosures/Reports: See Remarks
- Property ID: 1295505060000
- Block: F
- Lot Number: 1&17
Listed by Compass RE Texas, LLC
Get Pre-Approved Today
Schools
Schools serving 1116 Terjo Ln
School District:Leander Independent School District
| Name | Grades | Distance |
|---|---|---|
River Ridge Elementary School 12900 Tierra Grande Trail, Austin, TX 78732 | K-5 | 1.1 mi |
Canyon Ridge Middle School 12601 Country Trails Lane, Austin, TX 78732 | 6-8 | 2.5 mi |
Vandegrift High School 9500 McNeil Drive, Austin, TX 78750 | 9-12 | 7.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 Terjo Ln
Date
Details
Price
Change
Source
11/24/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1116 Terjo Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$26,850
—
$1,864,345
20%
2024
$26,850
46%
$1,553,621
-13%
2022
$18,372
—
$1,782,800
13%
2022
$18,372
2%
$1,576,200
65%
2021
$18,014
-19%
$957,600
-9%
2020
$22,303
-4%
$1,057,600
-2%
2020
$23,116
8%
$1,080,136
10%
2018
$21,350
18%
$981,942
20%
2016
$18,159
1%
$815,213
-1%
2017
$18,002
-3%
$822,348
188%
2016
$18,479
228%
$285,282
16%
2014
$5,631
-2%
$246,008
10%
2014
$5,733
—
$223,644
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1116 Terjo Ln
1116 Terjo Lane, Austin, TX 78732 (MLS# 4304128) is a Single Family property with 6 bedrooms and 6 full bathrooms. 1116 Terjo Lane is currently listed for $2,350,000 and was received on November 24, 2025. Want to learn more about 1116 Terjo Lane? Do you have questions about finding other Single Family real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

