Active Listing  ·  168 days on market

402 E Ash Dr

Johnson City, TX 78636
$400,000
3 Bed 2 Bath 1,600 sqft $250/sqft Built 2020 0.19 acres Pool Johnson City

Located just a short stroll from the vibrant heart of the Johnson City Square, 402 E Ash offers the quintessential Texas Hill Country lifestyle. This charming modern farmhouse, built in 2020, blends contemporary design with small-town soul, placing you a short distance from renowned wineries, eclectic art galleries, local boutiques, and the city’s best restaurants and entertainment. Whether you are looking for a primary residence, a peaceful weekend retreat, or a high-potential investment for short-term rentals, this meticulously maintained home delivers on every front.

The interior is designed for both style and ease, featuring an expansive open floor plan anchored by soaring ceilings and a stunning statement chandelier. Natural light pours into the living spaces, creating a warm and airy atmosphere that is perfect for hosting. The heart of the home is the functional kitchen, which boasts rich wood cabinetry, a large center island, and a sink-side window overlooking the private grounds. With three bedrooms and two full baths, the single-story layout maximizes every square foot for comfort and flow.

Outdoor living is a highlight of this property. Start your mornings on the oversized covered front porch or retreat to the spacious backyard, which holds a hidden gem: a climate controlled 12x24 detached building. This versatile space is ideal for a professional home office, a private gym, an art studio, or a climate-controlled flex space for guests.

Located just 45 minutes from both Austin and San Antonio, this property offers a rare opportunity to own a piece of the rapidly growing Hill Country scene while maintaining a sense of quiet privacy. 402 E Ash is more than just a house; it’s an invitation to experience the perfect balance of modern luxury and historic charm in one of Texas's most beloved towns.

At $250/sqft, this home is 67% 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

402 E Ash Dr, Johnson City, TX 78636

Property Details

Price $400,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,600 sqft
Lot Size 0.19 acres (8,276.4 sqft)
Year Built 2020
Garage ,
Stories ,
Type Residential · Single Family Residence
Subdivision Johnson City
County Blanco
Zip Code 78636
$/sqft $250/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $7,794.55
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT228740216
List Date May 9, 2026
Elementary School Lyndon B Johnson
Middle School Lyndon B Johnson
High School Lyndon B Johnson (Johnson City ISD)
School District ,

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.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · May 9, 2026 $525,000
Previous ask $450,000
Current ask $400,000
▼ Reduced $125,000 (-23.8%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
102 Ranchview Dr
Johnson City
$364,000 $293 2 bd / 2 ba 1,244 sqft , 2026-08-31
205 Old Austin Hwy
Annie Blum
$449,000 $330 3 bd / 2 ba 1,360 sqft , 2026-03-31
112 Brianna Cir
Creek View Estates, Sec 2
$310,000 $256 3 bd / 2 ba 1,213 sqft , 2026-09-18
101 Winding Oak Dr
Oak Forest
$499,500 $238 3 bd / 3 ba 2,096 sqft , 2026-05-29

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
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 5, 2026.

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