Real Estate Investment Properties for Sale in Bandera, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
560 PR 1515 Bandera, TX Located in a desirable guard-gated neighborhood, this inviting 2-bedroom, 2-bath home offe...	2 beds \| 2 baths \| 1,344 sq.ft.	$250,000	Airbnb cash on cash: -1.89% Traditional cash on cash: 4.59% Airbnb Rental Income: $503 Traditional Rental Income: $1760 Airbnb ROI: -1.89% Traditional ROI: 4.59%
188 Old Camp Rd Bandera, TX Discover modern Hill Country living in this stunning 3-bedroom, 2-bath home built in 2021 ...	3 beds \| 2 baths \| 1,967 sq.ft.	$425,000	Airbnb cash on cash: -1.68% Traditional cash on cash: 2.8% Airbnb Rental Income: $747 Traditional Rental Income: $2216 Airbnb ROI: -1.68% Traditional ROI: 2.8%
636 Skyline Dr Bandera, TX Experience Hill Country living at its finest at 636 Skyline Dr in Bandera. This spacious 3...	3 beds \| 2 baths \| 1,200 sq.ft.	$270,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 3.56% Airbnb Rental Income: $747 Traditional Rental Income: $1599 Airbnb ROI: -1.02% Traditional ROI: 3.56%
406 Hackberry Bandera, TX Affordable, adorable, and full of possibilities! Welcome to 406 Hackberry in Bandera, TX, ...	2 beds \| 1 baths \| 676 sq.ft.	$199,000	Airbnb cash on cash: -2.16% Traditional cash on cash: 2.43% Airbnb Rental Income: $503 Traditional Rental Income: $1097 Airbnb ROI: -2.16% Traditional ROI: 2.43%
978 W Pr 1518 Pr Bandera, TX Very nice 4 bedroom, 2 bath home plus two living areas. Backs up to a Ranch with a country...	4 beds \| 2 baths \| 1,904 sq.ft.	$230,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 6.27% Airbnb Rental Income: $1463 Traditional Rental Income: $1987 Airbnb ROI: 1.88% Traditional ROI: 6.27%
626 Brushy Creek Trl Bandera, TX AMAZING Newly REMODELED Home Near MEDINA LAKE! Sits on 3 Lots 0.348 Acres. This Beautiful ...	3 beds \| 2 baths \| 1,344 sq.ft.	$169,990	Airbnb cash on cash: 0.61% Traditional cash on cash: 7.23% Airbnb Rental Income: $747 Traditional Rental Income: $1507 Airbnb ROI: 0.61% Traditional ROI: 7.23%
475 Skyline Dr Bandera, TX Shed converted into a small home; one bedroom, one full bathroom, kitchen dining and livin...	1 beds \| 1 baths \| 384 sq.ft.	$60,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 11.25% Airbnb Rental Income: $350 Traditional Rental Income: $851 Airbnb ROI: -1.19% Traditional ROI: 11.25%
133 Lakeshore Ct Bandera, TX Charming Hill Country Retreat - Perfect Starter Home or Weekend Getaway! Looking to enjoy ...	3 beds \| 2 baths \| 1,050 sq.ft.	$120,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 8.82% Airbnb Rental Income: $747 Traditional Rental Income: $1332 Airbnb ROI: 1.05% Traditional ROI: 8.82%
166 Desert Poppy Bandera, TX Nestled in the heart of Texas Hill Country, Bandera is renowned as the Cowboy Capital of t...	5 beds \| 3 baths \| 3,843 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 2.87%
237 Hopi Trl Bandera, TX NEW HOME CONSTRUCTION! Stunning Hill Country-style stone home on One acre, featuring a Uni...	3 beds \| 2 baths \| 1,534 sq.ft.	$385,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 1.71% Airbnb Rental Income: $747 Traditional Rental Income: $1626 Airbnb ROI: -1.59% Traditional ROI: 1.71%
732 Salt Grass Trl Bandera, TX AVAILABLE TO BE BUILT by Heritage Crafted Homes. Buyer must purchase the land, 3.23 Acres ...	3 beds \| 2 baths \| N/A	$899,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 1.26% Airbnb Rental Income: $747 Traditional Rental Income: $2186 Airbnb ROI: -0.84% Traditional ROI: 1.26%
228 Lucky Rdg Bandera, TX Experience luxury living in this exquisite 2,916 sq ft estate, set on 4.298 +/- acres of b...	3 beds \| 3 baths \| 2,916 sq.ft.	$1,199,000	Airbnb cash on cash: -1.46% Traditional cash on cash: 0.5% Airbnb Rental Income: $747 Traditional Rental Income: $2622 Airbnb ROI: -1.46% Traditional ROI: 0.5%
469 Buckskin Trl Bandera, TX OPEN HOUSE 3/1st 12-3pm...Escape to the Texas Hill Country and discover this custom-built ...	4 beds \| 3 baths \| 2,652 sq.ft.	$769,999	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.55% Airbnb Rental Income: $1463 Traditional Rental Income: $2807 Airbnb ROI: -0.93% Traditional ROI: 1.55%
205 Canyon Lk Bandera, TX Newer home built in 2022. This darling home is ready for its new owner. Come sit on a peac...	3 beds \| 2 baths \| 1,182 sq.ft.	$289,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 3.29% Airbnb Rental Income: $747 Traditional Rental Income: $1542 Airbnb ROI: -0.79% Traditional ROI: 3.29%
5025 N Hwy 16 Bandera, TX Experience the perfect blend of peaceful country living and small-town convenience with th...	3 beds \| 3 baths \| 2,398 sq.ft.	$868,000	Airbnb cash on cash: -2.37% Traditional cash on cash: 0.07% Airbnb Rental Income: $747 Traditional Rental Income: $2407 Airbnb ROI: -2.37% Traditional ROI: 0.07%
403 Private Road 1523 Bandera, TX Step into serene sophistication with this brand-new construction 2-bedroom, 2-bathroom mod...	2 beds \| 2 baths \| 1,294 sq.ft.	$244,500	Airbnb cash on cash: -1.07% Traditional cash on cash: 5.31% Airbnb Rental Income: $503 Traditional Rental Income: $1706 Airbnb ROI: -1.07% Traditional ROI: 5.31%
876 Horseshoe Fls Bandera, TX So many options with this property. In place is a lovely barndominium/horse barn which can...	1 beds \| 1 baths \| 912 sq.ft.	$575,000	Airbnb cash on cash: -1.91% Traditional cash on cash: 0.61% Airbnb Rental Income: $350 Traditional Rental Income: $1458 Airbnb ROI: -1.91% Traditional ROI: 0.61%
132 Spanish Oak Bandera, TX Discover this one-of-a-kind, fully renovated 3-bedroom, 3-bath container home that perfect...	3 beds \| 2 baths \| 800 sq.ft.	$209,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 4.93% Airbnb Rental Income: $747 Traditional Rental Income: $1462 Airbnb ROI: -0.26% Traditional ROI: 4.93%
8438 Wharton Dock Rd Bandera, TX Lake front on Lake Medina with boat ramp and dock. Great views across the lake from huge c...	2 beds \| 1 baths \| 770 sq.ft.	$185,000	Airbnb cash on cash: -6.55% Traditional cash on cash: -0.79% Airbnb Rental Income: $503 Traditional Rental Income: $1297 Airbnb ROI: -6.55% Traditional ROI: -0.79%
474 Medina Dr Bandera, TX Quality construction, SIPS walls for great insulation, Hardie plank and stone exterior. st...	1 beds \| 1 baths \| 816 sq.ft.	$205,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 4.57% Airbnb Rental Income: $350 Traditional Rental Income: $1284 Airbnb ROI: -1.51% Traditional ROI: 4.57%
406 7th Bandera, TX Charming 3-Bed, 2-Bath Corner-Lot Home in the Heart of Bandera, TX - Now a Turnkey B&B! Th...	3 beds \| 2 baths \| 1,271 sq.ft.	$299,900	Airbnb cash on cash: -1.08% Traditional cash on cash: 3.12% Airbnb Rental Income: $747 Traditional Rental Income: $1619 Airbnb ROI: -1.08% Traditional ROI: 3.12%
496 Cedarhill Dr Bandera, TX Whether you're looking for a get away or a full time residence, this eclectic 2 bedroom, 1...	2 beds \| 1 baths \| 900 sq.ft.	$158,500	Airbnb cash on cash: -1.68% Traditional cash on cash: 5.36% Airbnb Rental Income: $503 Traditional Rental Income: $1362 Airbnb ROI: -1.68% Traditional ROI: 5.36%
286 State Highway 173 S Bandera, TX Welcome to a rare gem just outside the city limits of Bandera, Texas-only one minute from ...	1 beds \| 1 baths \| 399 sq.ft.	$385,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 1.44% Airbnb Rental Income: $350 Traditional Rental Income: $1133 Airbnb ROI: -1.41% Traditional ROI: 1.44%
1260 Comanche Bandera, TX Welcome to your serene escape! This charming 1,691 sq ft home features 3 bedrooms and 2 ba...	3 beds \| 2 baths \| 1,691 sq.ft.	$340,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 3.76% Airbnb Rental Income: $747 Traditional Rental Income: $1824 Airbnb ROI: -0.6% Traditional ROI: 3.76%
300 Pecos Rd Bandera, TX Renovated Hill Country home on 3 lots backing to a greenbelt with nearly three quarters of...	3 beds \| 2 baths \| 1,280 sq.ft.	$189,900	Airbnb cash on cash: 0.38% Traditional cash on cash: 8.33% Airbnb Rental Income: $747 Traditional Rental Income: $1876 Airbnb ROI: 0.38% Traditional ROI: 8.33%
174 Edgewood Cir Bandera, TX Open House 10/4 1:00-3:00 Live the Hill Country lifestyle in this beautiful 3 bedroom, 2 b...	3 beds \| 2 baths \| 2,156 sq.ft.	$450,000	Airbnb cash on cash: -1.91% Traditional cash on cash: 2.2% Airbnb Rental Income: $747 Traditional Rental Income: $2165 Airbnb ROI: -1.91% Traditional ROI: 2.2%
248 Brushy Creek Trl Bandera, TX $5k buyer incentive from seller at closing (Buy down interest rate, apply toward closing c...	3 beds \| 2 baths \| 1,200 sq.ft.	$286,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.34% Airbnb Rental Income: $747 Traditional Rental Income: $1565 Airbnb ROI: 0.14% Traditional ROI: 4.34%
703 Private Road 1501 Bandera, TX Brand-New Modular Home on 0.336 Acres - Under $175K! Take advantage of this rare opportuni...	3 beds \| 2 baths \| 1,387 sq.ft.	$173,400	Airbnb cash on cash: -0.21% Traditional cash on cash: 7.14% Airbnb Rental Income: $747 Traditional Rental Income: $1648 Airbnb ROI: -0.21% Traditional ROI: 7.14%
647 Medina Hills Rd Bandera, TX Bluebird skies and a gentle breeze with a hint of cedar surround you while you relax and e...	5 beds \| 4 baths \| 1,418 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.97% Airbnb Rental Income: $null Traditional Rental Income: $1984 Airbnb ROI: N/A Traditional ROI: 0.97%
545 Highgate Dr Bandera, TX Opportunity of a lifetime for this truly unique 4br/2bath hill country ranch house, detach...	4 beds \| 2 baths \| 2,252 sq.ft.	$685,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.1% Airbnb Rental Income: $1463 Traditional Rental Income: $2250 Airbnb ROI: -0.81% Traditional ROI: 1.1%
451 Pr 1505 Bandera, TX Welcome to your 3/2, .96 acre, Rustic Country Retreat in the hill country of Bandera! This...	3 beds \| 2 baths \| 1,832 sq.ft.	$289,000	Airbnb cash on cash: -1.5% Traditional cash on cash: 4.59% Airbnb Rental Income: $747 Traditional Rental Income: $2092 Airbnb ROI: -1.5% Traditional ROI: 4.59%
218 Edgewood Cir Bandera, TX Seller is offering $5000 towards closing costs! Welcome to this breathtaking 3-bedroom, 2-...	3 beds \| 2 baths \| 1,961 sq.ft.	$588,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 1.57% Airbnb Rental Income: $747 Traditional Rental Income: $2212 Airbnb ROI: -1.67% Traditional ROI: 1.57%
1602 Broad Oak Dr Bandera, TX Rare opportunity! This unique property features two homes on 3.3 unrestricted acres-perfec...	3 beds \| 1 baths \| 784 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $1597 Airbnb ROI: N/A Traditional ROI: 4.63%
1629 Pr 1518 Bandera, TX Experience Hill Country charm and relaxed lake living in this cozy 2-bedroom, 1-bath retre...	2 beds \| 1 baths \| 850 sq.ft.	$129,999	Airbnb cash on cash: -1.67% Traditional cash on cash: 6.71% Airbnb Rental Income: $503 Traditional Rental Income: $1278 Airbnb ROI: -1.67% Traditional ROI: 6.71%
432 Canyon Lake Dr Bandera, TX NEWLY BUILT HOME- USDA ZERO DOWN PAYMENT ELIGIBLE HOME. Seller offers up to $5000 assistan...	2 beds \| 2 baths \| 1,105 sq.ft.	$242,400	Airbnb cash on cash: -0.57% Traditional cash on cash: 5.29% Airbnb Rental Income: $503 Traditional Rental Income: $1571 Airbnb ROI: -0.57% Traditional ROI: 5.29%
344 Buckskin Trl Bandera, TX Stunning New Build Luxury Hill Country Living in a Premier Gated Community. Experience the...	4 beds \| 3 baths \| 3,000 sq.ft.	$759,500	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.22% Airbnb Rental Income: $1463 Traditional Rental Income: $3174 Airbnb ROI: -0.81% Traditional ROI: 2.22%
418 Tawny Oak Bandera, TX Welcome to Flying L - Bandera, TX, the Cowboy Capital of the World! Nestled in the heart o...	4 beds \| 2 baths \| 2,081 sq.ft.	$449,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 2.61% Airbnb Rental Income: $1463 Traditional Rental Income: $2284 Airbnb ROI: -0.37% Traditional ROI: 2.61%

Real Estate investment in Bandera, TX

There are 376 properties for sale in the city of Bandera . The median list price in Bandera is $300,000 and the average price per square foot is $190. In March 2026, the average monthly cash on cash return in Bandera is 3.00%. The average monthly rental income in Bandera is $1,723.

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

There are 376 investment properties available for sale in Bandera.

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

The ROI for Long-Term is higher than the Short-Term in Bandera with average rental income of $1,723.

Your search for investment property begins and ends here

Investment Property for Sale in Bandera, TX

560 PR 1515

Bandera, TX

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

$250,000

Airbnb cash on cash: -1.89%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $503

Traditional Rental Income: $1760

Airbnb ROI: -1.89%

Traditional ROI: 4.59%

188 Old Camp Rd

Bandera, TX

3 beds | 2 baths | 1,967 sq.ft.

$425,000

Airbnb cash on cash: -1.68%

Traditional cash on cash: 2.8%

Airbnb Rental Income: $747

Traditional Rental Income: $2216

Airbnb ROI: -1.68%

Traditional ROI: 2.8%

636 Skyline Dr

Bandera, TX

3 beds | 2 baths | 1,200 sq.ft.

$270,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $747

Traditional Rental Income: $1599

Airbnb ROI: -1.02%

Traditional ROI: 3.56%

406 Hackberry

Bandera, TX

2 beds | 1 baths | 676 sq.ft.

$199,000

Airbnb cash on cash: -2.16%

Traditional cash on cash: 2.43%

Airbnb Rental Income: $503

Traditional Rental Income: $1097

Airbnb ROI: -2.16%

Traditional ROI: 2.43%

978 W Pr 1518 Pr

Bandera, TX

4 beds | 2 baths | 1,904 sq.ft.

$230,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $1463

Traditional Rental Income: $1987

Airbnb ROI: 1.88%

Traditional ROI: 6.27%

626 Brushy Creek Trl

Bandera, TX

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

$169,990

Airbnb cash on cash: 0.61%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $747

Traditional Rental Income: $1507

Airbnb ROI: 0.61%

Traditional ROI: 7.23%

475 Skyline Dr

Bandera, TX

1 beds | 1 baths | 384 sq.ft.

$60,000

Airbnb cash on cash: -1.19%

Traditional cash on cash: 11.25%

Airbnb Rental Income: $350

Traditional Rental Income: $851

Airbnb ROI: -1.19%

Traditional ROI: 11.25%

133 Lakeshore Ct

Bandera, TX

3 beds | 2 baths | 1,050 sq.ft.

$120,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 8.82%

Airbnb Rental Income: $747

Traditional Rental Income: $1332

Airbnb ROI: 1.05%