— bed, — bath on 0.01 acres in Johnson City. Johnson City, TX 78636. $1,300,000.
About This Home
Experience timeless Hill Country charm at The Historic Pearl Hotel, a beautifully restored landmark overlooking the Town Square in downtown Johnson City, Texas. Built in the 1880s by city founder James Polk Johnson—who named it after his daughter, Pearl—this storied hotel once welcomed cattle drivers, weary travelers, and locals alike. Since then, it has stood proudly on the southwest corner of the courthouse square as a living piece of Johnson City’s past. Over the years, the building has worn many hats, even housing the town’s first public school and post office, making it a cornerstone of local history. In 2019, a local owner lovingly restored the property, honoring its original craftsmanship while thoughtfully adding modern essentials such as an ADA-compliant bath and updated kitchen. Throughout the hotel, antique furnishings and preserved architectural details tell stories of generations past—every wall and wood beam whispering history. The Pearl features eight period-style bedrooms, three shared bathrooms, and a cozy parlor perfect for unwinding with friends or guests. The venue’s inviting side patio, front porch, and upper deck provide ideal spaces for intimate weddings, family gatherings, private retreats, or corporate getaways. Just steps from local wineries, boutiques, Pedernales Falls State Park, and the LBJ National Historical Park, the Pearl sits in the heart of “Wine Row,” surrounded by the best of Texas Hill Country charm. From the balcony, guests enjoy one of the best views in town—especially magical during the annual Christmas Lights Spectacular. Staying here feels like stepping back in time, yet with all the comfort and convenience of today. Whether you’re a history lover, a couple seeking a romantic escape, or planning a memorable celebration, The Historic Pearl Hotel offers an unforgettable blend of authentic heritage and modern hospitality.
The defining advantage here is irreplaceability: 201 N Nugent Ave is an 1880-built hotel property tied directly to the founding history of Johnson City and positioned on the courthouse square in the center of town. At $1.30M, this is not a conventional commercial offering in Blanco County. It is a restored historic asset with operating and event potential that would be difficult to replicate under current conditions, simply because the site, age, and civic prominence cannot be recreated.
Set on a 0.015-acre site in Johnson City, TX 78636, the property is marketed as a commercial sale in the hotel-motel category and carries 140 days on market, which matters because properties with a narrow buyer pool often reward buyers who can properly underwrite character, use flexibility, and long-term positioning. The building was originally constructed by James Polk Johnson and later served multiple civic roles, including the town’s first public school and post office. That history gives the asset more than period appeal. It gives it documented local relevance, which is what separates a true landmark from an older building with no broader significance.
The more recent value proposition comes from the restoration completed in 2019. The work respected the original structure while introducing practical updates, including an ADA-compliant bath and an updated kitchen. The current layout includes eight period-style bedrooms, three shared bathrooms, and a parlor, along with a front porch, side patio, and upper deck that expand how the property can function for overnight stays, private events, retreats, or small group gatherings. For a hospitality asset in a historic downtown setting, those outdoor spaces matter because they widen the revenue and use profile without requiring additional land.
Location is doing real work here. The property overlooks the Town Square in downtown Johnson City and sits within the Hill Country environment that drives visitor interest in this market. The remarks also place it near local wineries, boutiques, Pedernales Falls State Park, and the LBJ National Historical Park, which supports its relevance as a destination-oriented holding rather than a purely local-use building. For a buyer who understands heritage hospitality and the scarcity of authentic downtown assets, this property offers a credible path to long-term value through preservation, visibility, and continued experiential use.
The numbers behind this insight
- Offered at
- $1,300,000
- Listed
- October 27, 2025
- Property Type
- Commercial Sale
- Year Built
- 1880
- Lot Size
- 0.01 acres
Listing information last updated March 16, 2026.
Listed by Topper Real Estate
MLS# 7622102 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Linoleum
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Lot Size
- 0.01 Acres
Financial
- Original List Price
- $1,300,000
Utilities
- Electricity Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 201 N Nugent Ave, whoever represented it.
- ActiveListed 2025Current price: $1,300,000Original list: $1,300,000MLS 7622102
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
- $1,300,000
- Original list
- $1,300,000
- Price movement
- No verified reduction
- Listed / DOM
- Oct 27, 2025 · 360 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% ($260K)
Adjustable assumption - not a lending recommendation.
$1,300,000
Luxury property intelligence
Keenan Market Position
A sourced read on Johnson City pricing, timing, and property scale. No automated valuation claim.
List price
$1,300,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
360 days
Original to current
No verified reduction
$1.3M 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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