504 Ave N

Johnson City, TX 78636

$575,000

3 beds
2 baths
1,623 sq ft
2 acres
Built 1996

Listed by Keller Williams Realty · MLS #ACT5239238

504 Ave N, Johnson City, TX 78636 — photo 1

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A FEW THINGS TO NOTICE

What stands out.

Living spaces

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.

Details worth a look

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.

Year built

Built in 1996.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

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!

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THE NEIGHBORHOOD

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504 Ave N, Johnson City, TX 78636

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THE DETAILS

The details, all in one place.

Property type: Residential
Category: Residential
Year built: 1996
Full baths: 2
Half baths: 0
Garage spaces: 3
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric, Propane
Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Oven
Flooring: Laminate, Tile
Fencing: Chain Link
Accessibility: None
Pool features: None
Subdivision: None
Parcel: 2437
Elementary school: Lyndon B Johnson
Middle school: Lyndon B Johnson
High school: Lyndon B Johnson (Johnson City ISD)

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$2,395.83

Cap rate—

Annual operating income: —

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Get support with rent collection, resident communication, maintenance coordination and owner reporting.

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504 Ave N, Johnson City, TX 78636 · MLS #ACT5239238

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Listing information

MLS #ACT5239238 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Tricia Keith

Listing status: Active. Record updated August 25, 2026. Confirm current availability and price with the listing agent.