1116 Terjo LN, Austin TX 78732

Austin, TX 78732 | River Ridge

Ed's Opinion of Value

$1,990,000 Ed's Estimate: $2,638,525 $13,000,000
Lowest Comp Recommended List: $2,586,000 to $2,691,000 Highest Comp

Listing History

$2,350,000 List Price
$2,758,097 Comp Value
0 Price Reductions

This property was listed at $2,350,000 and withdrawn after 135 days on market. This listing activity factors into the valuation.

The market data from 7 similar recent sales in RIVER RIDGE points to a value of approximately $2,638,525. To sell within a reasonable timeframe at fair market value, the $2,586,000 to $2,691,000 range is where I'd position this. In the current RIVER RIDGE market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. The 423 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.76 acres, the lot is smaller than the 0.83 acre comp average, which factors into pricing. 7 comparable transactions in RIVER RIDGE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
6 Beds
6 Baths 6 Full
6,441 Sq Ft
0.763 Acres
2015 Built
3 Garage

About This Property

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!

Property Highlights

Pool Cabana

Features

  • Cathedral Ceiling(s)
  • High Ceilings
  • Chandelier
  • Granite Counters
  • Crown Molding
  • Double Vanity
  • Entrance Foyer
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Leander ISD
Elementary River Ridge
Middle School Canyon Ridge
High School Vandegrift

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Ceiling Fan(s), Central Air
Heating Ceiling, Central, Electric
Exterior Balcony, Dog Run, Garden, Outdoor Grill, Private Yard, Sport Court
County Travis
MLS # 4304128
Garage 3 spaces

Tax Information

Annual Taxes (MLS) $18,372 (2023)

Listing History

MLS# 4304128 135 days (166 CDOM)
Apr 8, 2026 Off Market
Nov 24, 2025 Listed $2,350,000

Frequently Asked Questions About 1116 Terjo LN, Austin TX 78732

When was 1116 Terjo LN, Austin TX 78732 built?

1116 Terjo LN, Austin TX 78732 was built in 2015.

How much does 1116 Terjo LN, Austin TX 78732 cost?

1116 Terjo LN, Austin TX 78732 is currently off market.

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