Real Estate Investment Properties for Sale in Watauga, TN

Looking for investment property in Watauga, TN with high ROI ?

Explore a variety of short-term homes & houses in Watauga, TN. Invest wisely with VRBO & Watauga, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Watauga, TN

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
110 Charles Smith Road Watauga, TN ** 48 Hour Buyers right of refusal in place** Charming Historic Retreat on 3 Scenic Ac...	3 beds \| 2 baths \| 2,040 sq.ft.	$349,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 5.41% Airbnb Rental Income: $1121 Traditional Rental Income: $2313 Airbnb ROI: 0.63% Traditional ROI: 5.41%
391 Old Rock Hill Rd Watauga, TN Completely Renovated Doublewide on 1 Acre, 4 Beds, 2 Bath, Covered Deck, Open Floor Plan...	4 beds \| 2 baths \| 1,512 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.61% Airbnb Rental Income: $null Traditional Rental Income: $1673 Airbnb ROI: N/A Traditional ROI: 4.61%
1141 Piney Flats Rd Watauga, TN Updated older one-level house with newer addition and newer deck! Effective year 1985! En...	2 beds \| 2 baths \| 1,615 sq.ft.	$195,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 6.98% Airbnb Rental Income: $1427 Traditional Rental Income: $1701 Airbnb ROI: 3.2% Traditional ROI: 6.98%
1830 Bristol Highway Watauga, TN Beautifully updated 3-bedroom, 2-bath ONE-LEVEL home situated on a level lot with serene v...	3 beds \| 2 baths \| 1,292 sq.ft.	$309,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.49% Airbnb Rental Income: $1121 Traditional Rental Income: $1752 Airbnb ROI: 1.04% Traditional ROI: 4.49%
424 Old Watauga Rd Watauga, TN Motivated Sellers! Quiet Country Living with a Stunning Mountain View! Enjoy peaceful livi...	3 beds \| 2 baths \| 1,713 sq.ft.	$395,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 3.8% Airbnb Rental Income: $1121 Traditional Rental Income: $1969 Airbnb ROI: 0.49% Traditional ROI: 3.8%
104 2nd St Watauga, TN 104 2nd St, Watauga, TN 37694 \| Single Family Residential	7 beds \| 5 baths \| 8,300 sq.ft.	$975,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $4972 Airbnb ROI: N/A Traditional ROI: 3.67%
411 E 4th Ave Watauga, TN 411 E 4th Ave, Watauga, TN 37694 \| Multi Family	N/A beds \| N/A baths \| 944 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.46% Airbnb Rental Income: $null Traditional Rental Income: $675 Airbnb ROI: N/A Traditional ROI: 0.46%
202 3rd Ave Watauga, TN 202 3rd Ave, Watauga, TN 37694 \| Single Family Residential	3 beds \| 1 baths \| 1,515 sq.ft.	$299,900	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.67% Airbnb Rental Income: $1121 Traditional Rental Income: $1328 Airbnb ROI: 0.61% Traditional ROI: 2.67%
512 Dogwood Ln Watauga, TN 512 Dogwood Ln, Watauga, TN 37694 \| Single Family Residential	4 beds \| 2 baths \| 2,548 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $2150 Airbnb ROI: N/A Traditional ROI: 2.49%

Real Estate investment in Watauga, TN

There are 9 properties for sale in the city of Watauga . The median list price in Watauga is $214,871 and the average price per square foot is $132. In October 2026, the average monthly cash on cash return in Watauga is 4.00%. The average monthly rental income in Watauga is $1,752.

Watauga, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 9 investment properties available for sale in Watauga.

In 2026, the best neighborhood to buy investment property is Watauga.

The ROI for Long-Term is higher than the Short-Term in Watauga with average rental income of $1,752.

Your search for investment property begins and ends here

Investment Property for Sale in Watauga, TN

110 Charles Smith Road

Watauga, TN

3 beds | 2 baths | 2,040 sq.ft.

$349,900

Airbnb cash on cash: 0.63%

Traditional cash on cash: 5.41%

Airbnb Rental Income: $1121

Traditional Rental Income: $2313

Airbnb ROI: 0.63%

Traditional ROI: 5.41%

391 Old Rock Hill Rd

Watauga, TN

4 beds | 2 baths | 1,512 sq.ft.

$265,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.61%

Airbnb Rental Income: $null

Traditional Rental Income: $1673

Airbnb ROI: N/A

Traditional ROI: 4.61%

1141 Piney Flats Rd

Watauga, TN

2 beds | 2 baths | 1,615 sq.ft.

$195,000

Airbnb cash on cash: 3.2%

Traditional cash on cash: 6.98%

Airbnb Rental Income: $1427

Traditional Rental Income: $1701

Airbnb ROI: 3.2%

Traditional ROI: 6.98%

1830 Bristol Highway

Watauga, TN

3 beds | 2 baths | 1,292 sq.ft.

$309,900

Airbnb cash on cash: 1.04%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1121

Traditional Rental Income: $1752

Airbnb ROI: 1.04%

Traditional ROI: 4.49%

424 Old Watauga Rd

Watauga, TN

3 beds | 2 baths | 1,713 sq.ft.

$395,000

Airbnb cash on cash: 0.49%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $1121

Traditional Rental Income: $1969

Airbnb ROI: 0.49%

Traditional ROI: 3.8%

104 2nd St

Watauga, TN

7 beds | 5 baths | 8,300 sq.ft.

$975,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.67%

Airbnb Rental Income: $null

Traditional Rental Income: $4972

Airbnb ROI: N/A

Traditional ROI: 3.67%

411 E 4th Ave

Watauga, TN

N/A beds | N/A baths | 944 sq.ft.

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.46%

Airbnb Rental Income: $null

Traditional Rental Income: $675

Airbnb ROI: N/A

Traditional ROI: 0.46%

202 3rd Ave

Watauga, TN

3 beds | 1 baths | 1,515 sq.ft.

$299,900

Airbnb cash on cash: 0.61%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $1121

Traditional Rental Income: $1328

Airbnb ROI: 0.61%