ActiveResidential · sale

299 River Place None

Johnson City, TX 78636

$985,000

  • 5 beds
  • 4 baths
  • 2,153 sq ft
  • 2.03 acres
  • Built 2023

Listed by Keller Williams Realty · MLS #ACT5861555

A FEW THINGS TO NOTICE

What stands out.

Additional spaces

Built in 2023, the property features a beautifully finished 3-bedroom, 2.5-bath main residence w/ an office, plus a separate 2-bedroom, 1-bath guest suite connected by a dogtrot-style breezeway.

Details worth a look

An expansive outdoor deck between the two living spaces captures sunset & river views.

Year built

Built in 2023.

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

THE PROPERTY

Get to know the property.

Positioned along an exceptional stretch of the Pedernales River in the heart of the Texas Hill Country, this recently completed modern retreat offers the perfect blend of luxury, flexibility & waterfront living. Built in 2023, the property features a beautifully finished 3-bedroom, 2.5-bath main residence w/ an office, plus a separate 2-bedroom, 1-bath guest suite connected by a dogtrot-style breezeway. Ideal as a full-time home, private getaway, or income-producing short-term rental, the possibilities are endless.

Inside the main residence, soaring vaulted ceilings & expansive windows frame unobstructed river views. The open-concept design centers around a gourmet kitchen featuring custom cabinetry, porcelain countertops, high-end lighting, an oversized island, & a stylish dry bar w/ wine fridge. The spacious primary suite includes a private office & ensuite bath, while two additional bedrooms provide comfortable accommodations.

Across the breezeway, the detached guest suite offers the same craftsmanship & modern finishes with two bedrooms, one full bath, & a private entrance—perfect for guests, multigenerational living, or maximizing rental income. An expansive outdoor deck between the two living spaces captures sunset & river views.

149± ft of Pedernales River frontage offers kayaking, paddleboarding, fishing & a private dock. Consistent year-round water levels make this stretch of the river especially enjoyable for recreation. A riverside gravel gathering area & shared green space provide access to 600 ft of river frontage shared by only seven owners. Additional features include a 2-car garage, approximately 2,000 SF of enclosed sub-floor storage, energy-efficient systems, & a durable metal roof.

Located minutes from Johnson City in a short-term rental-friendly community, this turnkey riverfront property offers a rare opportunity to own a pristine modern home with exceptional waterfront access & outstanding lifestyle or investment potential.

THE NEIGHBORHOOD

Explore the location.

299 River Place None, Johnson City, TX 78636

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2023
Full baths
3
Half baths
1
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Electric Oven, Free-Standing Electric Range, Stainless Steel Appliance(s), Electric Water Heater, Wine Refrigerator
Flooring
Tile, Wood
Fencing
None
Accessibility
None
Pool features
None
Subdivision
Lester
Parcel
86647
HOA
River Place HOA
HOA amenities
See Remarks
HOA fee frequency
Annually
Elementary school
Lyndon B Johnson
Middle school
Lyndon B Johnson
High school
Lyndon B Johnson (Johnson City ISD)
HOA fee
$2,400.00

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$4,104.17
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

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

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.

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

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

Estimated monthly principal & interestLoan 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

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

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

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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299 River Place None, Johnson City, TX 78636 · MLS #ACT5861555

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Listing information

MLS #ACT5861555 · Austin Board of Realtors

Listing brokerage: Keller Williams Realty
Listing agent: Tricia Keith

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