Currently serving a fourth term in the House, he is on the committees of Appropriations, Transportation and Rules. In 2018, he was appointed to serve on the Joint Legislative Audit & Review Commission (JLARC). He currently chairs the I-81 Commission. Mr. Austin is a native of Buchanan, Virginia and is President of Austin Electrical Construction Inc., a small business that specializes in airport runway lighting which he founded forty-six years ago. He also serves on the boards of Bank of Botetourt and Carilion.

Terry and his wife, Kathy have four children and ten grandchildren. They reside in Buchanan.