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Keenan Group#1 Austin Board of Realtors Team 2024
1506 N US Hwy 281, aerial view with 1506 N US HWY 281 in Johnson City, Johnson City, Johnson City, TX
Active

$3,495,000

0Beds
4.00 acresLot

1506 N US Hwy 281, Johnson City, TX 78636

Reduced 13%$3,999,995
Johnson City·MLS# 1570581·170 days on market

— 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.

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

Generous 4.00-acre lot

Facts & Features

Exterior & Lot

Construction

  • Metal Siding
Lot Size
4.00 Acres

Parking

  • 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.

  1. ActiveListed 2026
    Current price: $3,495,000Original list: $3,999,995MLS 1570581
    1. Listed · April 28, 2026$3,999,995
    2. 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.

View Timeline
Current list
$3,495,000
Original list
$3,999,995
Price movement
$505K reduction
Listed / DOM
Apr 28, 2026 · 170 days
Map showing 1506 N US Hwy 281
1506 N US Hwy 281
Directions
Principal & interest
$19,359

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

Loan: $2.8M
Mortgage rate%
Payoff: ~2056
Rate source: Freddie Mac 30-year fixed average (PMMS via FRED), as of 2026-10-15
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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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Frequently Asked Questions

How much is 1506 N US Hwy 281?

1506 N US Hwy 281 is listed at $3,495,000 with 0 bedrooms, 4.00-acre lot. This places it above the ZIP 78636 single-family closed-sale median price of $538,500 (ZIP 78636 geography · single-family closed sales · median sale price · trailing 12 months as of Oct 15, 2026).

How should a buyer estimate the monthly payment for 1506 N US Hwy 281?

This page does not assume a mortgage rate or publish a monthly payment for 1506 N US Hwy 281. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.

How does 1506 N US Hwy 281 compare with other homes in Johnson City?

As of Oct 15, 2026, 1506 N US Hwy 281 is offered at $3,495,000. The current MLS snapshot shows 45 active listings in 78636. Keenan Group has completed 1 verified transactions in 78636 within its 1,000+ completed transactions and $1B+ career volume across Austin.

Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.

Why Choose the #1 Austin Board Team for Johnson City

#1 ABoR Team 20241,000+ Career SalesCompass Luxury Collection Specialist

#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.

Unlock MLSMLS GRID

Listing courtesy of Unlock MLS as distributed by MLS GRID. Information deemed reliable but not guaranteed. Neither the listing broker nor Compass RE Texas, LLC shall be responsible for any typographical errors, misinformation, or misprints.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Based on information submitted to MLS GRID as of 10/15/2026, 1:07:24 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Last updated: 10/15/2026, 1:07:24 PM

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