Active Listing  ·  103 days on market

504 N Ave N None

Johnson City, TX 78636
$575,000
3 Bed 2 Bath 1,623 sqft $354/sqft Built 1996 2.00 acres 3-Car Garage Pool None

Situated on 2 acres in the heart of Johnson City, this property offers a rare combination: a well-maintained main home plus an income-producing guest cottage, just blocks from the courthouse square. Whether you're looking for a family home, a vacation property, or a short-term rental investment, this one delivers on all fronts.

The main home offers 1,623 square feet, 3 bedrooms, and 2 bathrooms, laid out for comfortable everyday living. Vaulted ceilings and large windows keep the main living room bright and open, and the spacious back patio, covered by a charming pergola, is an easy place to spend an evening outdoors. An oversized garage and workshop add valuable space for storage and the new roof offers peace of mind.

The detached guest cottage is where this property really sets itself apart. Currently operating as a short-term rental with the STR license conveying to the new owner, the cottage has a proven track record of consistent bookings. A seating area in the front courtyard, framed by mature trees, welcomes you before you even step inside. The interior opens into a sunroom with a dining nook and electric fireplace, a peaceful spot for morning coffee before heading into town. Beyond the sunroom, the main living area carries a cozy wood cabin feel, and a full bathroom with a walk-in shower sits at the back of the cottage.

Conveniently located in close proximity to many restaurants, shops, tasting rooms, and live music, putting the best of small-town Hill Country living within easy reach. Don't miss this great opportunity!

At $354/sqft, this home is 53% 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

504 N Ave N None, Johnson City, TX 78636

Property Details

Price $575,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 1,623 sqft
Lot Size 2.00 acres (87,120 sqft)
Year Built 1996
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision None
County Blanco
Zip Code 78636
$/sqft $354/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239731840
List Date July 13, 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 · July 13, 2026 $595,000
Current ask $575,000
▼ Reduced $20,000 (-3.4%) 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
607 Liveoak Dr
Ranchers Estates
$595,000 $366 3 bd / 3 ba 1,624 sqft , 2026-05-21
300 E Bluebonnet Ln
Johnson City
$599,000 $293 4 bd / 4 ba 2,042 sqft , 2026-06-03
101 Winding Oak Dr
Oak Forest
$499,500 $238 3 bd / 3 ba 2,096 sqft , 2026-05-29
205 Old Austin Hwy
Annie Blum
$449,000 $330 3 bd / 2 ba 1,360 sqft , 2026-03-31
402 E Ash Dr
Johnson City
$400,000 $250 3 bd / 2 ba 1,600 sqft , 2026-05-09

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
$2,760/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
$115,000
20% conventional investment loan

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

Estimated Gross Rent+$2,760
Principal + Interest−$3,138
Property Tax (~2.1% TX avg)−$1,006
Insurance (~0.5%)−$240
Est. Monthly Cash Flow $-1,624

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 August 25, 2026.

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