Real Estate Investment Properties for Sale in Alpine, TX

Looking for investment property in Alpine, TX with high ROI ?

Explore a variety of short-term homes & houses in Alpine, TX. Invest wisely with VRBO & Alpine, TX 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 Alpine, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
905 W Sul Ross Alpine, TX Located in desirable Alpine, 905 W Sul Ross offers space and strong potential. Built in 19...	3 beds \| 2 baths \| 1,344 sq.ft.	$159,999	Airbnb cash on cash: 0.92% Traditional cash on cash: 8.68% Airbnb Rental Income: $801 Traditional Rental Income: $1665 Airbnb ROI: 0.92% Traditional ROI: 8.68%
2202 W Hwy 90 Alpine, TX ~RESIDENTIAL AND/OR COMMERCIAL INVESTMENT~ Offering a private retreat on 1.25 acres with p...	3 beds \| 2 baths \| 1,868 sq.ft.	$499,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.66% Airbnb Rental Income: $801 Traditional Rental Income: $2117 Airbnb ROI: -0.85% Traditional ROI: 2.66%
1018 Matewan Dr Alpine, TX Here is a rare find! A 3/2 home in Country Club Estates including 110 acres upon Hancock H...	3 beds \| 2 baths \| 2,670 sq.ft.	$750,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 0.77% Airbnb Rental Income: $801 Traditional Rental Income: $1589 Airbnb ROI: -0.82% Traditional ROI: 0.77%
408 E Harriet Alpine, TX This updated, ready to move in home is located in the desirable Carpenter Addition, within...	3 beds \| 2 baths \| 1,492 sq.ft.	$299,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.02% Airbnb Rental Income: $801 Traditional Rental Income: $1323 Airbnb ROI: -0.98% Traditional ROI: 2.02%
619 N Apricot Alpine, TX This charming 3 bedroom, 2 bath home sits on a corner lot near Alpine Middle School and of...	3 beds \| 2 baths \| 1,744 sq.ft.	$279,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 4.79% Airbnb Rental Income: $801 Traditional Rental Income: $2007 Airbnb ROI: -1.02% Traditional ROI: 4.79%
1207 N 6th St Alpine, TX This charming turnkey 3BD/2BA stucco home, on an oversized corner lot, is a move-in-ready ...	3 beds \| 2 baths \| 1,361 sq.ft.	$285,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.4% Airbnb Rental Income: $801 Traditional Rental Income: $1743 Airbnb ROI: -0.31% Traditional ROI: 4.4%
514 E John W Rd Alpine, TX Located within Carpenter Addition in Alpine and offering over 3500 sq.ft., 4 bedrooms, 3.5...	4 beds \| 4 baths \| 3,534 sq.ft.	$429,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 6.43% Airbnb Rental Income: $1424 Traditional Rental Income: $3447 Airbnb ROI: 0.34% Traditional ROI: 6.43%
503 N 11th St Alpine, TX Charming 1920s home featuring original hardwood floors & doors throughout. This 2BR/1BA Ja...	2 beds \| 1 baths \| 1,262 sq.ft.	$219,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.53% Airbnb Rental Income: $875 Traditional Rental Income: $1395 Airbnb ROI: 0.41% Traditional ROI: 4.53%
423 Mountain View Rd Alpine, TX Location, location, location! This three-bedroom, one-bath home sits on 1.36 acres with un...	3 beds \| 1 baths \| 1,028 sq.ft.	$216,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.93% Airbnb Rental Income: $801 Traditional Rental Income: $1386 Airbnb ROI: -0.5% Traditional ROI: 3.93%
1002 N 10th St Alpine, TX Two rental properties for the price of one! Situated on a desirable corner lot, these prop...	4 beds \| 2 baths \| 2,153 sq.ft.	$359,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.38% Airbnb Rental Income: $1424 Traditional Rental Income: $2482 Airbnb ROI: 0.97% Traditional ROI: 5.38%
110 Deer Run Dr Alpine, TX A beautiful home in the desirable Toronto Creek Estates, a unique property offering both c...	3 beds \| 3 baths \| 1,913 sq.ft.	$435,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 2.63% Airbnb Rental Income: $801 Traditional Rental Income: $2173 Airbnb ROI: -1.52% Traditional ROI: 2.63%
2111 Peachtree Alpine, TX This open concept 3BR/2BA home offers a sequestered master, spacious guest rooms, concrete...	3 beds \| 2 baths \| 1,525 sq.ft.	$405,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.54% Airbnb Rental Income: $801 Traditional Rental Income: $1834 Airbnb ROI: -1.03% Traditional ROI: 2.54%
407 Texas Oak Alpine, TX Discover your dream retreat nestled on over 5 expansive acres! This stunning custom-built ...	3 beds \| 2 baths \| 2,014 sq.ft.	$480,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 3.45% Airbnb Rental Income: $801 Traditional Rental Income: $2635 Airbnb ROI: -1.35% Traditional ROI: 3.45%
805 N 8th St Alpine, TX Charming 2BR, 1BA home featuring a bonus room, perfect for an office, playroom, or additio...	2 beds \| 1 baths \| 1,227 sq.ft.	$209,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.57% Airbnb Rental Income: $875 Traditional Rental Income: $1370 Airbnb ROI: 0.39% Traditional ROI: 4.57%
1406 N 10th St Alpine, TX Step into this lovely 3-bedroom, 2-bathroom single-wide home, nestled in a quiet, friendly...	3 beds \| 2 baths \| 1,216 sq.ft.	$125,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 10.8% Airbnb Rental Income: $801 Traditional Rental Income: $1570 Airbnb ROI: 1.74% Traditional ROI: 10.8%
702 N 2nd St Alpine, TX Step into a piece of history with this 1920-built 2-story, 3011 sqft home. Nestled amidst ...	5 beds \| 3 baths \| 3,011 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.77% Airbnb Rental Income: $null Traditional Rental Income: $3003 Airbnb ROI: N/A Traditional ROI: 7.77%
700 N Orange Alpine, TX This charming 4-bed, 2-bath home sits on a corner lot near Alpine Middle School. Inside, a...	4 beds \| 2 baths \| 1,599 sq.ft.	$299,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.32% Airbnb Rental Income: $1424 Traditional Rental Income: $1940 Airbnb ROI: 0.97% Traditional ROI: 4.32%
400 N Smiling Dog Trail Alpine, TX The "Eco-Ranch" offers a rare opportunity to own a campground/BNB previously featured on m...	2 beds \| 2 baths \| 2,700 sq.ft.	$150,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 11.49% Airbnb Rental Income: $875 Traditional Rental Income: $2245 Airbnb ROI: -0.39% Traditional ROI: 11.49%
1102 W Brown Ave Alpine, TX This 1,856 sq.ft. home offers 3 bedrooms, 2 bathrooms, and 2 living areas with tons of cha...	3 beds \| 2 baths \| 1,856 sq.ft.	$240,000	Airbnb cash on cash: -1.17% Traditional cash on cash: 5.77% Airbnb Rental Income: $801 Traditional Rental Income: $2053 Airbnb ROI: -1.17% Traditional ROI: 5.77%
510 E Ave A Alpine, TX Centrally located home with DETACHED GUEST UNIT! Main home offers 2 beds, 1 bath, cozy woo...	3 beds \| 2 baths \| 1,908 sq.ft.	$199,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.85% Airbnb Rental Income: $801 Traditional Rental Income: $1263 Airbnb ROI: -0.31% Traditional ROI: 3.85%
406 S Cockrell St Alpine, TX Charming 1920 home on a spacious corner lot in Alpine. This 1 bedroom, 1 bath home offers ...	1 beds \| 1 baths \| 1,477 sq.ft.	$122,500	Airbnb cash on cash: 1.09% Traditional cash on cash: 5.62% Airbnb Rental Income: $779 Traditional Rental Income: $995 Airbnb ROI: 1.09% Traditional ROI: 5.62%
201 E Marfa Ave Alpine, TX Charming 2 bed/2 bath home in a quiet Alpine, TX neighborhood! This versatile property can...	2 beds \| 2 baths \| 979 sq.ft.	$158,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.27% Airbnb Rental Income: $875 Traditional Rental Income: $1120 Airbnb ROI: 0.43% Traditional ROI: 4.27%
208 S 2nd St. Alpine, TX A private oasis in town! Fully fenced yard with mature desert willows, roses and more. One...	1 beds \| 2 baths \| 953 sq.ft.	$279,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.22% Airbnb Rental Income: $779 Traditional Rental Income: $962 Airbnb ROI: -0.68% Traditional ROI: 1.22%
110 High Lonesome Alpine, TX Fantastic midcentury home offering 360-degree mountain views. Polished concrete floors, to...	4 beds \| 2 baths \| 1,925 sq.ft.	$799,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.29% Airbnb Rental Income: $1424 Traditional Rental Income: $2245 Airbnb ROI: -0.39% Traditional ROI: 1.29%
507 E Harriet Alpine, TX This beautiful brick home is just over 1,600 sq.ft., has 3 bedrooms and 2 bathrooms, and a...	3 beds \| 2 baths \| 1,606 sq.ft.	$299,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 4.04% Airbnb Rental Income: $801 Traditional Rental Income: $1878 Airbnb ROI: -0.94% Traditional ROI: 4.04%
3 Dark Sky Alpine, TX 3 Dark Sky is located at the highest point in the gated ranch community of Sierra la Rana....	5 beds \| 3 baths \| 2,900 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.67% Airbnb Rental Income: $null Traditional Rental Income: $2808 Airbnb ROI: N/A Traditional ROI: 0.67%
509 N 2nd St. Alpine, TX This darling 2 bedroom, 2 bath home has room for an office too. It comes with a fabulous s...	2 beds \| 2 baths \| 1,141 sq.ft.	$232,500	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.5% Airbnb Rental Income: $875 Traditional Rental Income: $1412 Airbnb ROI: 0.53% Traditional ROI: 4.5%
604 E Ave F Alpine, TX This beautifully renovated 3-bedroom, 2-bath home is truly move-in ready. Featuring an ope...	3 beds \| 2 baths \| 1,568 sq.ft.	$205,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 3.3% Airbnb Rental Income: $801 Traditional Rental Income: $1086 Airbnb ROI: 0.18% Traditional ROI: 3.3%
1007 N 5th Alpine, TX Charming 1,708 sf 3 Bedroom, 2 Bath home sits on a corner lot. Features include a sunroom,...	3 beds \| 2 baths \| 1,929 sq.ft.	$288,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 4.71% Airbnb Rental Income: $801 Traditional Rental Income: $1901 Airbnb ROI: -0.53% Traditional ROI: 4.71%
2303 W Mosley Loop Alpine, TX Charming Country Home on 0.46 Acres This 3-bedroom, 2-bath home offers peaceful country li...	3 beds \| 2 baths \| 1,472 sq.ft.	$210,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 5.39% Airbnb Rental Income: $801 Traditional Rental Income: $1672 Airbnb ROI: -0.6% Traditional ROI: 5.39%
238 Sendero Horse Thief Alpine, TX This beautiful farmhouse-style home offers 5 bedrooms, 4 bathrooms, a dedicated office, an...	5 beds \| 4 baths \| 2,810 sq.ft.	$860,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.14% Airbnb Rental Income: $null Traditional Rental Income: $2782 Airbnb ROI: N/A Traditional ROI: 1.14%
107 High Lonesome Alpine, TX The stunning uninterrupted views from this one of a kind home is a must see! The main hous...	2 beds \| 3 baths \| 2,100 sq.ft.	$797,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.73% Airbnb Rental Income: $875 Traditional Rental Income: $2474 Airbnb ROI: -0.87% Traditional ROI: 1.73%
309 S 2nd St Alpine, TX This 1,152 sqft home offers an open living area perfect for entertaining and family gather...	4 beds \| 2 baths \| 1,152 sq.ft.	$219,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 4.69% Airbnb Rental Income: $1424 Traditional Rental Income: $1584 Airbnb ROI: 1.86% Traditional ROI: 4.69%
11 Los Ranchos Estates Alpine, TX A 2-bedroom, 2.5-bath home with a 2-car garage, offering spacious living in a desirable lo...	2 beds \| 3 baths \| 1,618 sq.ft.	$167,500	Airbnb cash on cash: -0.1% Traditional cash on cash: 8.55% Airbnb Rental Income: $875 Traditional Rental Income: $1922 Airbnb ROI: -0.1% Traditional ROI: 8.55%
204 N Garnet Ave Alpine, TX 2 bedroom, 1 bath home located within walking distance to SRSU and local amenities. Perfec...	2 beds \| 1 baths \| 700 sq.ft.	$135,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.53% Airbnb Rental Income: $875 Traditional Rental Income: $1002 Airbnb ROI: 1.97% Traditional ROI: 5.53%
605 Ave E Alpine, TX 2 bedroom, 1 bath home located within walking distance to SRSU and local amenities. Perfec...	2 beds \| 1 baths \| 700 sq.ft.	$135,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.46% Airbnb Rental Income: $875 Traditional Rental Income: $993 Airbnb ROI: 1.97% Traditional ROI: 5.46%
43031 FM 1703 Alpine, TX Situated on 5 acres in Sunny Glen Estates, this 3 bedroom + office, 2.5 bath home features...	3 beds \| 3 baths \| 2,597 sq.ft.	$514,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 3.44% Airbnb Rental Income: $801 Traditional Rental Income: $2361 Airbnb ROI: -0.48% Traditional ROI: 3.44%
705 Ave E Alpine, TX Located in the heart of Alpine lies this 2 bedroom 1 bath home with a Guest House. It is z...	2 beds \| 1 baths \| 794 sq.ft.	$269,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 2.16% Airbnb Rental Income: $875 Traditional Rental Income: $1147 Airbnb ROI: -0.22% Traditional ROI: 2.16%
131 High Lonesome Alpine, TX Experience elevated West Texas living in this 1-story, expansive 5BR, 3BA brick home with ...	5 beds \| 3 baths \| 4,472 sq.ft.	$885,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.78% Airbnb Rental Income: $null Traditional Rental Income: $2675 Airbnb ROI: N/A Traditional ROI: 0.78%
1404 E Ave F Alpine, TX Opportunity awaits with this 2-bedroom home overlooking Sul Ross State University. While t...	2 beds \| 1 baths \| 888 sq.ft.	$99,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 9.29% Airbnb Rental Income: $875 Traditional Rental Income: $1232 Airbnb ROI: 2.1% Traditional ROI: 9.29%

Real Estate investment in Alpine, TX

There are 79 properties for sale in the city of Alpine . The median list price in Alpine is $299,000 and the average price per square foot is $158. In May 2026, the average monthly cash on cash return in Alpine is 3.00%. The average monthly rental income in Alpine is $1,608.

Alpine, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 79 investment properties available for sale in Alpine.

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

The ROI for Short-Term is higher than the Long-Term in Alpine with average rental income of $838.

Your search for investment property begins and ends here

Investment Property for Sale in Alpine, TX

905 W Sul Ross

Alpine, TX

3 beds | 2 baths | 1,344 sq.ft.

$159,999

Airbnb cash on cash: 0.92%

Traditional cash on cash: 8.68%

Airbnb Rental Income: $801

Traditional Rental Income: $1665

Airbnb ROI: 0.92%

Traditional ROI: 8.68%

2202 W Hwy 90

Alpine, TX

3 beds | 2 baths | 1,868 sq.ft.

$499,000

Airbnb cash on cash: -0.85%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $801

Traditional Rental Income: $2117

Airbnb ROI: -0.85%

Traditional ROI: 2.66%

1018 Matewan Dr

Alpine, TX

3 beds | 2 baths | 2,670 sq.ft.

$750,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 0.77%

Airbnb Rental Income: $801

Traditional Rental Income: $1589

Airbnb ROI: -0.82%

Traditional ROI: 0.77%

408 E Harriet

Alpine, TX

3 beds | 2 baths | 1,492 sq.ft.

$299,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 2.02%

Airbnb Rental Income: $801

Traditional Rental Income: $1323

Airbnb ROI: -0.98%

Traditional ROI: 2.02%

619 N Apricot

Alpine, TX

3 beds | 2 baths | 1,744 sq.ft.

$279,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $801

Traditional Rental Income: $2007

Airbnb ROI: -1.02%

Traditional ROI: 4.79%

1207 N 6th St

Alpine, TX

3 beds | 2 baths | 1,361 sq.ft.

$285,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $801

Traditional Rental Income: $1743

Airbnb ROI: -0.31%

Traditional ROI: 4.4%

514 E John W Rd

Alpine, TX

4 beds | 4 baths | 3,534 sq.ft.

$429,000

Airbnb cash on cash: 0.34%

Traditional cash on cash: 6.43%

Airbnb Rental Income: $1424

Traditional Rental Income: $3447

Airbnb ROI: 0.34%

Traditional ROI: 6.43%

503 N 11th St

Alpine, TX

2 beds | 1 baths | 1,262 sq.ft.

$219,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 4.53%

Airbnb Rental Income: $875

Traditional Rental Income: $1395

Airbnb ROI: 0.41%