— bed, — bath on 4.00 acres in Johnson City. Johnson City, TX 78636. $3,495,000.
About This Home
Positioned in the heart of the rapidly expanding Central Texas corridor, this exceptional 4-acre commercial property offers a rare combination of scale, visibility, and versatility. Located just one mile north of Johnson City along highly trafficked Highway 281, the site features approximately 310 feet of prime highway frontage, providing outstanding exposure and accessibility. The property is improved with a well-maintained 15,200 square foot building that has been continuously leased for the past 10 years by a large, established company, reflecting both the functionality of the space and the reliability of the asset. The tenant has taken excellent care of the building and grounds, resulting in a turnkey opportunity for investors or owner-users alike. Originally designed to accommodate large gatherings, the building has previously operated as a dance hall and wedding venue, offering flexible open space suitable for a wide range of commercial uses. Amenities include a fully equipped commercial kitchen, two sets of men’s and women’s restrooms, 3 conference rooms, and a backup generator for operational continuity. The exterior of the property is equally impressive, featuring professionally maintained landscaping that enhances curb appeal and creates an inviting environment. A total of 132 paved parking spaces supports high-capacity use, while three separate entrances off Highway 281—each secured with automatic gates—allow for efficient traffic flow and controlled access. With its strategic location in one of Central Texas’ fastest-growing areas, strong frontage on a major thoroughfare, and adaptable improvements, this property represents a compelling opportunity for investors, event operators, or businesses seeking a high-visibility location with room to grow.
This 4-acre commercial property at 1506 N US HWY 281 in Johnson City commands 310 feet of prime highway frontage along one of Central Texas's most traveled corridors, positioning it as a rare high-visibility asset in Blanco County's rapidly expanding market. The site sits just one mile north of Johnson City's core, making it instantly accessible from the major employment centers and growth corridors that define the region.
The 15,200 square foot building reflects thoughtful design for large-scale operations. Originally built to function as a dance hall and wedding venue, the structure was engineered around flexible open space that accommodates everything from event hosting to manufacturing to specialized commercial use. The interior includes a fully equipped commercial kitchen, three conference rooms, and dual sets of restrooms that signal the building's multi-use DNA. A backup generator ensures operational continuity, a practical feature that speaks to the previous tenant's 10-year commitment to the space.
Metal siding construction keeps maintenance straightforward while delivering durability across Central Texas's seasonal swings. The building has been continuously leased to an established company for a decade, demonstrating both the structural reliability and the market demand for this footprint. That track record matters: a turnkey tenant occupancy reduces repositioning risk for investors and owner-operators alike.
The exterior environment matches the building's functionality. Professionally maintained landscaping enhances curb appeal, while 132 paved parking spaces support high-capacity use. Three separate entrances off Highway 281, each gated for controlled access, allow efficient traffic flow without compromising security or operational boundaries.
Location amplifies the property's value. Highway 281 funnels traffic from the Hill Country and beyond into San Antonio and Austin, making this frontage visible to thousands of daily commuters. Johnson City itself anchors the northern gateway to this region, with Blanco County schools serving the area and major employers in Austin and San Antonio within commute distance. The property sits in one of Central Texas's fastest-growth corridors, where land availability remains constrained and visibility becomes a strategic asset.
For investors seeking strong cash flow or owner-operators wanting a turnkey, high-visibility location with built-in operational infrastructure, this asset combines proven tenancy with exceptional geographic positioning and ready-to-work improvements that command the highway's attention.
The numbers behind this insight
- Offered at
- $3,495,000
- Listed
- April 28, 2026
- Price changes
- Reduced, down 12.6% from $3,999,995
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
- Property Type
- Commercial Sale
- Lot Size
- 4.00 acres
Listing information last updated October 7, 2026.
Listed by Topper Real Estate
MLS# 1570581 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Exterior & Lot
- Metal Siding
- Lot Size
- 4.00 Acres
- On Site
Financial
- Original List Price
- $3,999,995
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1506 N US HWY 281, whoever represented it.
- ActiveListed 2026Current price: $3,495,000Original list: $3,999,995MLS 1570581
- Listed · April 28, 2026$3,999,995
- Price changed · October 7, 2026$3,495,000
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $3,495,000
- Original list
- $3,999,995
- Price movement
- $505K reduction
- Listed / DOM
- Apr 28, 2026 · 170 days
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($699K)
Adjustable assumption - not a lending recommendation.
$3,495,000
Luxury property intelligence
Keenan Market Position
A sourced read on Johnson City pricing, timing, and property scale. No automated valuation claim.
List price
$3,495,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
170 days
Original to current
$505K reduction
$4M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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