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: 2.37% Traditional cash on cash: 8.68% Airbnb Rental Income: $1067 Traditional Rental Income: $1665 Airbnb ROI: 2.37% 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.	$459,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.98% Airbnb Rental Income: $1067 Traditional Rental Income: $2117 Airbnb ROI: -0.32% Traditional ROI: 2.98%
403 N 8th St Alpine, TX Turnkey home & business opportunity in the heart of Alpine, pristine example of Victorian ...	5 beds \| 6 baths \| 5,061 sq.ft.	$1,400,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.32% Airbnb Rental Income: $null Traditional Rental Income: $6565 Airbnb ROI: N/A Traditional ROI: 3.32%
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: -0.5% Traditional cash on cash: 0.77% Airbnb Rental Income: $1067 Traditional Rental Income: $1589 Airbnb ROI: -0.5% Traditional ROI: 0.77%
408 Pinon Alpine, TX Nestled on 8.24 acres, this unique 4-bed, 3-bath home offers breathtaking mountain views a...	4 beds \| 3 baths \| 2,314 sq.ft.	$489,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.51% Airbnb Rental Income: $1555 Traditional Rental Income: $2541 Airbnb ROI: 0.38% Traditional ROI: 3.51%
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.	$415,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 6.68% Airbnb Rental Income: $1555 Traditional Rental Income: $3447 Airbnb ROI: 0.66% Traditional ROI: 6.68%
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.	$213,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.68% Airbnb Rental Income: $1039 Traditional Rental Income: $1395 Airbnb ROI: 1.12% Traditional ROI: 4.68%
1006 W Del Rio St Alpine, TX Charming and inviting, this 3-bed/2-bath home offers a spacious open-concept floor plan de...	3 beds \| 2 baths \| 1,340 sq.ft.	$260,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 1.5% Airbnb Rental Income: $1067 Traditional Rental Income: $1128 Airbnb ROI: -0.24% Traditional ROI: 1.5%
700 E Hancock Ave Alpine, TX Welcome home to this beautifully maintained 3-bedroom, 2-bathroom brick home with a versat...	3 beds \| 2 baths \| 1,572 sq.ft.	$344,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 2.64% Airbnb Rental Income: $1067 Traditional Rental Income: $1831 Airbnb ROI: -0.86% Traditional ROI: 2.64%
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: 0.58% Traditional cash on cash: 3.93% Airbnb Rental Income: $1067 Traditional Rental Income: $1386 Airbnb ROI: 0.58% 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: 1.3% Traditional cash on cash: 5.38% Airbnb Rental Income: $1555 Traditional Rental Income: $2482 Airbnb ROI: 1.3% Traditional ROI: 5.38%
2000 Enfield Alpine, TX Situated on a spacious corner lot in an established neighborhood, this updated brick home ...	3 beds \| 2 baths \| 1,732 sq.ft.	$342,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.17% Airbnb Rental Income: $1067 Traditional Rental Income: $2020 Airbnb ROI: 0.06% Traditional ROI: 4.17%
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: -0.86% Traditional cash on cash: 3.45% Airbnb Rental Income: $1067 Traditional Rental Income: $2635 Airbnb ROI: -0.86% Traditional ROI: 3.45%
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: 3.58% Traditional cash on cash: 10.8% Airbnb Rental Income: $1067 Traditional Rental Income: $1570 Airbnb ROI: 3.58% Traditional ROI: 10.8%
702 N 2nd St Alpine, TX Built in 1920, this historic 2 story home offers 3,011 sqft of character, space and opport...	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: 1.36% Traditional cash on cash: 4.32% Airbnb Rental Income: $1555 Traditional Rental Income: $1940 Airbnb ROI: 1.36% Traditional ROI: 4.32%
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: -0.19% Traditional cash on cash: 5.77% Airbnb Rental Income: $1067 Traditional Rental Income: $2053 Airbnb ROI: -0.19% Traditional ROI: 5.77%
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.	$120,000	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.75% Airbnb Rental Income: $1020 Traditional Rental Income: $995 Airbnb ROI: 2.87% Traditional ROI: 5.75%
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.	$254,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 1.44% Airbnb Rental Income: $1020 Traditional Rental Income: $962 Airbnb ROI: 0.18% Traditional ROI: 1.44%
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: -0.24% Traditional cash on cash: 1.29% Airbnb Rental Income: $1555 Traditional Rental Income: $2245 Airbnb ROI: -0.24% Traditional ROI: 1.29%
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%
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: 1.32% Traditional cash on cash: 3.3% Airbnb Rental Income: $1067 Traditional Rental Income: $1086 Airbnb ROI: 1.32% 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: 0.29% Traditional cash on cash: 4.71% Airbnb Rental Income: $1067 Traditional Rental Income: $1901 Airbnb ROI: 0.29% Traditional ROI: 4.71%
2303 W Mosley Loop Alpine, TX Charming Country Home on 0.46 Acres This 2-bedroom, 2-bath home and a office offers peacef...	2 beds \| 2 baths \| 1,472 sq.ft.	$198,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 5.77% Airbnb Rental Income: $1039 Traditional Rental Income: $1672 Airbnb ROI: 0.47% Traditional ROI: 5.77%
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: -0.69% Traditional cash on cash: 1.73% Airbnb Rental Income: $1039 Traditional Rental Income: $2474 Airbnb ROI: -0.69% Traditional ROI: 1.73%
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: 0.75% Traditional cash on cash: 8.55% Airbnb Rental Income: $1039 Traditional Rental Income: $1922 Airbnb ROI: 0.75% Traditional ROI: 8.55%
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.	$498,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.58% Airbnb Rental Income: $1067 Traditional Rental Income: $2361 Airbnb ROI: 0.01% Traditional ROI: 3.58%
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: 0.32% Traditional cash on cash: 2.16% Airbnb Rental Income: $1039 Traditional Rental Income: $1147 Airbnb ROI: 0.32% 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: 3.52% Traditional cash on cash: 9.29% Airbnb Rental Income: $1039 Traditional Rental Income: $1232 Airbnb ROI: 3.52% Traditional ROI: 9.29%
1013 Peachtree Circle Alpine, TX A rare find! This 2,332 sf home sits on a 1-acre lot in the city limits. This 3 bed, 2 bat...	3 beds \| 2 baths \| 2,332 sq.ft.	$314,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 5.86% Airbnb Rental Income: $1067 Traditional Rental Income: $2268 Airbnb ROI: 0.56% Traditional ROI: 5.86%
707 West Ave F Alpine, TX Beautifully maintained 2-bedroom, 2-bathroom adobe home situated on two spacious lots in A...	2 beds \| 2 baths \| N/A	$204,900	Airbnb cash on cash: 1.71% Traditional cash on cash: 5.64% Airbnb Rental Income: $1039 Traditional Rental Income: $1440 Airbnb ROI: 1.71% Traditional ROI: 5.64%
608 E Sul Ross Alpine, TX Charming and Spacious 5 Bedroom, 3 Bathroom home with Pool and Workshop. Well maintained, ...	5 beds \| 3 baths \| 2,784 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $3378 Airbnb ROI: N/A Traditional ROI: 7.18%
601-609 E Ave A #5 Alpine, TX INVESTORS! THIS multi-family (5 unit) property, on almost an acre of land, nicely landscap...	13 beds \| 4 baths \| 1,064 sq.ft.	$1,199,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.65% Airbnb Rental Income: $null Traditional Rental Income: $1642 Airbnb ROI: N/A Traditional ROI: -0.65%
1000 W Brown Ave Alpine, TX Tucked away on a quiet street, this charming 3-bedroom, 2-bathroom home offers an ideal op...	3 beds \| 2 baths \| 1,064 sq.ft.	$199,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 5.77% Airbnb Rental Income: $1067 Traditional Rental Income: $1579 Airbnb ROI: 1.12% Traditional ROI: 5.77%
1002 W Brown St Alpine, TX Tucked away on a quiet street, this charming 3-bedroom, 2-bathroom home offers an ideal op...	3 beds \| 2 baths \| 1,064 sq.ft.	$199,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 5.74% Airbnb Rental Income: $1067 Traditional Rental Income: $1568 Airbnb ROI: 1.15% Traditional ROI: 5.74%
59 Wagon Rd Alpine, TX Welcome to this truly one-of-a-kind 7-acre homestead in the highly desirable Sunny Glenn s...	4 beds \| 5 baths \| 3,032 sq.ft.	$1,000,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 3.26% Airbnb Rental Income: $1555 Traditional Rental Income: $4093 Airbnb ROI: 0.05% Traditional ROI: 3.26%
209 E Marfa Ave Alpine, TX This beautifully crafted custom home sits on a large corner lot with mature trees. The res...	4 beds \| 3 baths \| 3,062 sq.ft.	$425,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 5.43% Airbnb Rental Income: $1555 Traditional Rental Income: $2855 Airbnb ROI: 1.03% Traditional ROI: 5.43%
240 Sendero Horse Thief Alpine, TX This stunning 2,025+ sq. ft. McElroy Ranch home features 3 bedrooms, 2 baths, and an open-...	4 beds \| 3 baths \| 2,521 sq.ft.	$779,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.62% Airbnb Rental Income: $1555 Traditional Rental Income: $2169 Airbnb ROI: 0.15% Traditional ROI: 1.62%

Real Estate investment in Alpine, TX

There are 80 properties for sale in the city of Alpine . The median list price in Alpine is $246,353 and the average price per square foot is $128. In July 2026, the average monthly cash on cash return in Alpine is 3.00%. The average monthly rental income in Alpine is $1,642.

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

There are 80 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 $1,067.

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: 2.37%

Traditional cash on cash: 8.68%

Airbnb Rental Income: $1067

Traditional Rental Income: $1665

Airbnb ROI: 2.37%

Traditional ROI: 8.68%

2202 W Hwy 90

Alpine, TX

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

$459,000

Airbnb cash on cash: -0.32%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $1067

Traditional Rental Income: $2117

Airbnb ROI: -0.32%

Traditional ROI: 2.98%

403 N 8th St

Alpine, TX

5 beds | 6 baths | 5,061 sq.ft.

$1,400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.32%

Airbnb Rental Income: $null

Traditional Rental Income: $6565

Airbnb ROI: N/A

Traditional ROI: 3.32%

1018 Matewan Dr

Alpine, TX

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

$750,000

Airbnb cash on cash: -0.5%

Traditional cash on cash: 0.77%

Airbnb Rental Income: $1067

Traditional Rental Income: $1589

Airbnb ROI: -0.5%

Traditional ROI: 0.77%

408 Pinon

Alpine, TX

4 beds | 3 baths | 2,314 sq.ft.

$489,900

Airbnb cash on cash: 0.38%

Traditional cash on cash: 3.51%

Airbnb Rental Income: $1555

Traditional Rental Income: $2541

Airbnb ROI: 0.38%

Traditional ROI: 3.51%

514 E John W Rd

Alpine, TX

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

$415,000

Airbnb cash on cash: 0.66%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1555

Traditional Rental Income: $3447

Airbnb ROI: 0.66%

Traditional ROI: 6.68%

503 N 11th St

Alpine, TX

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

$213,000

Airbnb cash on cash: 1.12%

Traditional cash on cash: 4.68%

Airbnb Rental Income: $1039

Traditional Rental Income: $1395

Airbnb ROI: 1.12%

Traditional ROI: 4.68%

1006 W Del Rio St

Alpine, TX

3 beds | 2 baths | 1,340 sq.ft.

$260,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $1067

Traditional Rental Income: $1128

Airbnb ROI: -0.24%