About This Home

MOTIVATED SELLER!!!

Well kept 1680 sf home with 3 bedrooms and two baths conveniently located in Johnson City. This is an older mobile home, but you would never know it! Many custom touches and very cozy home. Entire property is fenced so your family can enjoy both spacious front and back yards. Peaceful front porch to enjoy the beautiful outdoors. Very affordable all within one hour to Austin or San Antonio and 30 minutes to Marble Falls, Dripping Springs and Fredericksburg.

At $149/sqft, this home is 80% below the Johnson City active market average of $761/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

122 Heritage Dr, Johnson City, TX 78636

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Property Details

Price $250,000

Status Active Listing

Beds 3

Full Baths 2

Half Baths ,

Living Area 1,680 sqft

Lot Size 0.26 acres (11,325.6 sqft)

Year Built 1996

Garage ,

Stories ,

Type Residential · Single Family Residence

Subdivision Heritage Oaks

County Blanco

Zip Code 78636

$/sqft $149/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. ,

Pool Yes

Waterfront ,

New Construction ,

MLS # ACT236970067

List Date June 19, 2026

Elementary School Lyndon B Johnson

Middle School Lyndon B Johnson

High School Lyndon B Johnson (Johnson City ISD)

School District ,

Have Questions About This Property?

Luke Allen (TREC #788149) has deep knowledge of Johnson City and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Similar Homes on the Market in Johnson City

Comparable Listings Right Now

Homes currently for sale in Johnson City with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed

151 Brianna Cir
Creek View Estates $230,000 $142 3 bd / 2 ba 1,620 sqft , 2026-10-08

112 Brianna Cir
Creek View Estates, Sec 2 $310,000 $256 3 bd / 2 ba 1,213 sqft , 2026-09-18

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent

$1,200/mo

0.48% rule · conservative Austin est.

Gross Yield

5.76%

Annual rent ÷ purchase price

Cap Rate (est.)

3.46%

NOI after 40% vacancy + expenses

Down Payment

$50,000

20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$1,200

Principal + Interest−$1,364

Property Tax (~2.1% TX avg)−$438

Insurance (~0.5%)−$104

Est. Monthly Cash Flow $-706

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Johnson City, TX

Johnson City sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E

Apple Campus (Domain) 20-30 min N

Google / Meta / Indeed 10-15 min downtown

Dell Medical School / UT Austin 10-20 min

Samsung Austin Semiconductor 25 min N

About the Author

Luke Allen

Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019

★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on October 9, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

122 Heritage Dr

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Johnson City, TX

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