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
2814 PANTHER HOLLOW DR Bandera, TX Exclusive Hill Country Lake House: 33 Unrestricted Acres on Rock Cliff Reservoir Escape to...	4 beds \| 5 baths \| 4,651 sq.ft.	$2,790,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.34% Airbnb Rental Income: $2324 Traditional Rental Income: $4526 Airbnb ROI: -0.73% Traditional ROI: 0.34%
676 Highgate Bandera, TX Set just in the Heart of Bandera, The Cowboy Capital Of The World, this Refined 8.76 Acre ...	4 beds \| 4 baths \| 3,198 sq.ft.	$1,650,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 0.68% Airbnb Rental Income: $2324 Traditional Rental Income: $3598 Airbnb ROI: -0.52% Traditional ROI: 0.68%
177 Knollwood Cir Bandera, TX 177 Knollwood Cir, Bandera, TX 78003 \| Single Family Residential	3 beds \| 2 baths \| 2,247 sq.ft.	$440,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.98% Airbnb Rental Income: $1238 Traditional Rental Income: $1865 Airbnb ROI: -0.51% Traditional ROI: 1.98%
129 Rapids Cir Bandera, TX Beautiful Hill country home nestled in quiet neighborhood, 3 BD 2 BA, granite counters in ...	3 beds \| 2 baths \| 1,859 sq.ft.	$474,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.79% Airbnb Rental Income: $1238 Traditional Rental Income: $1818 Airbnb ROI: -0.41% Traditional ROI: 1.79%
414 Medina Dr Bandera, TX Beautifully remodeled 2 story home. Kitchen and bathrooms updated. Neutral paint and Vin...	3 beds \| 1 baths \| 1,568 sq.ft.	$199,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 4.92% Airbnb Rental Income: $1238 Traditional Rental Income: $1318 Airbnb ROI: 2.42% Traditional ROI: 4.92%
301 MADRONA LN Bandera, TX Welcome to Your Texas Hill Country Escape! Looking for the ultimate blend of rustic charm,...	2 beds \| 1 baths \| 952 sq.ft.	$170,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 4.81% Airbnb Rental Income: $598 Traditional Rental Income: $1249 Airbnb ROI: -0.98% Traditional ROI: 4.81%
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.	$260,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.73% Airbnb Rental Income: $1238 Traditional Rental Income: $1599 Airbnb ROI: 0.65% Traditional ROI: 3.73%
205 Canyon Lake Dr 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.	$286,500	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.95% Airbnb Rental Income: $1238 Traditional Rental Income: $1726 Airbnb ROI: 1.68% Traditional ROI: 4.95%
1095 Scenic Dr Bandera, TX	2 beds \| 2 baths \| 1,056 sq.ft.	$110,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 10.37% Airbnb Rental Income: $598 Traditional Rental Income: $1497 Airbnb ROI: -0.78% Traditional ROI: 10.37%
946 Frontier Ln Bandera, TX PLEASE CALL SHOWING TIME TO SCHEDULE APPOINTMENTS 210.222.2227 *** OFFER DEADLINE SUNDAY J...	6 beds \| 3 baths \| 3,156 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $2398 Airbnb ROI: N/A Traditional ROI: 2.92%
270 Briarwood Cir Bandera, TX NOW PRICED UNDER $400,000.00!!!! Instant Equity - below appraised value! - Bring an offer...	4 beds \| 2 baths \| 2,394 sq.ft.	$395,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 3.34% Airbnb Rental Income: $2324 Traditional Rental Income: $2351 Airbnb ROI: 1.71% Traditional ROI: 3.34%
492 Spanish Grant Cir Bandera, TX The Stunning single-family home located inside The Flying L Ranch Resort nestled in the he...	4 beds \| 3 baths \| 2,005 sq.ft.	$469,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 2.05% Airbnb Rental Income: $2324 Traditional Rental Income: $2296 Airbnb ROI: 0.8% Traditional ROI: 2.05%
178 N LAKESHORE DR Bandera, TX Move in Ready!!! Seller had an appraisal done and it came in at a little lower than origin...	2 beds \| 2 baths \| 1,056 sq.ft.	$335,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 1.91% Airbnb Rental Income: $598 Traditional Rental Income: $1400 Airbnb ROI: -1.55% Traditional ROI: 1.91%
182 Joiner Dr Bandera, TX Rare investment opportunity! This income-producing property features four duplexes situate...	N/A beds \| N/A baths \| 5,968 sq.ft.	$1,498,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.06% Airbnb Rental Income: $754 Traditional Rental Income: $3292 Airbnb ROI: -0.99% Traditional ROI: 1.06%
326 Park Rd Bandera, TX Price Adjustment! Motivated Seller* On just over 1/2 acre, this NEW Construction, Custo...	3 beds \| 2 baths \| 2,125 sq.ft.	$515,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.7% Airbnb Rental Income: $1238 Traditional Rental Income: $2402 Airbnb ROI: 0.46% Traditional ROI: 3.7%
122 Desert Poppy Bandera, TX Price Improvement - Seller Motivated Seller has recently painted interior and exteri...	3 beds \| 2 baths \| 2,050 sq.ft.	$440,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 2.49% Airbnb Rental Income: $1238 Traditional Rental Income: $2166 Airbnb ROI: -0.72% Traditional ROI: 2.49%
338 Salt Grass Trail Bandera, TX Exceptional opportunity to build your dream home in Bandera while already enjoying life on...	1 beds \| 1 baths \| 1,500 sq.ft.	$329,999	Airbnb cash on cash: -1.94% Traditional cash on cash: 2.98% Airbnb Rental Income: $439 Traditional Rental Income: $1705 Airbnb ROI: -1.94% Traditional ROI: 2.98%
900 Panther Hollow Dr Bandera, TX Fantastic horse property on 5+ acres, conveniently located between Kerrville (26 miles) an...	3 beds \| 2 baths \| 1,650 sq.ft.	$439,999	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.45% Airbnb Rental Income: $1238 Traditional Rental Income: $2019 Airbnb ROI: -0.41% Traditional ROI: 2.45%
445 Spanish Grant Bandera, TX Welcome to your slice of paradise in the heart of the Cowboy Capital of The World! METICUL...	3 beds \| 2 baths \| 1,983 sq.ft.	$417,499	Airbnb cash on cash: -0.68% Traditional cash on cash: 3.11% Airbnb Rental Income: $1238 Traditional Rental Income: $2328 Airbnb ROI: -0.68% Traditional ROI: 3.11%
338 Saltgrass Bandera, TX Exceptional opportunity to build your dream home in Bandera while already enjoying life on...	1 beds \| 1 baths \| 1,500 sq.ft.	$329,999	Airbnb cash on cash: -1.75% Traditional cash on cash: 3.21% Airbnb Rental Income: $439 Traditional Rental Income: $1716 Airbnb ROI: -1.75% Traditional ROI: 3.21%
956 Horseshoe Falls Bandera, TX An Equestrian's dream home this is a lovely 2 story 3 bedroom 3 bath Custom home in Bander...	3 beds \| 3 baths \| 2,879 sq.ft.	$650,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 1.43% Airbnb Rental Income: $1238 Traditional Rental Income: $2440 Airbnb ROI: -1.21% Traditional ROI: 1.43%
1721 Lakeshore Dr N Bandera, TX Nestled in the picturesque landscape of Bandera, Texas, this charming home offers breathta...	2 beds \| 2 baths \| 1,612 sq.ft.	$479,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 1.86% Airbnb Rental Income: $598 Traditional Rental Income: $1783 Airbnb ROI: -1.43% Traditional ROI: 1.86%
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: 0.05% Traditional cash on cash: 11.25% Airbnb Rental Income: $439 Traditional Rental Income: $851 Airbnb ROI: 0.05% Traditional ROI: 11.25%
308 Wood View Cir Bandera, TX One of the best buys in Flying L in a long time! This is an estate and will be sold as-is....	3 beds \| 2 baths \| 1,654 sq.ft.	$399,999	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.12% Airbnb Rental Income: $1238 Traditional Rental Income: $1826 Airbnb ROI: -0.5% Traditional ROI: 2.12%
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: 4.59% Traditional cash on cash: 8.82% Airbnb Rental Income: $1238 Traditional Rental Income: $1332 Airbnb ROI: 4.59% 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.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 3.01%
237 Hopi Trail Bandera, TX NEW HOME CONSTRUCTION with a amazing Price Adjustment! Stunning Hill Country-style stone h...	3 beds \| 2 baths \| 1,534 sq.ft.	$335,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.11% Airbnb Rental Income: $1238 Traditional Rental Income: $1626 Airbnb ROI: -0.38% Traditional ROI: 2.11%
731 Salt Grass Trail Bandera, TX AVAILABLE TO BE BUILT by Heritage Crafted Homes. "Alondra Floor Plan" Buyer must purchase ...	3 beds \| 3 baths \| 2,593 sq.ft.	$749,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 2.16% Airbnb Rental Income: $1238 Traditional Rental Income: $2424 Airbnb ROI: -0.1% Traditional ROI: 2.16%
732 Salt Grass Trail Bandera, TX AVAILABLE TO BE BUILT by Heritage Crafted Homes. Buyer must purchase the land, 3.23 Acres ...	3 beds \| 3 baths \| N/A	$899,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.26% Airbnb Rental Income: $1238 Traditional Rental Income: $2186 Airbnb ROI: -0.35% Traditional ROI: 1.26%
228 Lucky Ridge 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: -1.09% Traditional cash on cash: 0.5% Airbnb Rental Income: $1238 Traditional Rental Income: $2622 Airbnb ROI: -1.09% Traditional ROI: 0.5%
205 Canyon Lake 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.	$286,500	Airbnb cash on cash: 0.73% Traditional cash on cash: 3.32% Airbnb Rental Income: $1238 Traditional Rental Income: $1542 Airbnb ROI: 0.73% Traditional ROI: 3.32%
6739 Whartons Dock Bandera, TX -For full asking price offer it comes furnished!!!- MOVE-IN READY & PRICED TO SELL This st...	3 beds \| 2 baths \| 1,421 sq.ft.	$219,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 5.19% Airbnb Rental Income: $1238 Traditional Rental Income: $1618 Airbnb ROI: 1.45% Traditional ROI: 5.19%
5025 N Hwy 16 Bandera, TX Experience the best of Hill Country living on this exceptional 10-acre ranch just five min...	3 beds \| 3 baths \| 2,398 sq.ft.	$849,900	Airbnb cash on cash: -1.84% Traditional cash on cash: 0.13% Airbnb Rental Income: $1238 Traditional Rental Income: $2407 Airbnb ROI: -1.84% Traditional ROI: 0.13%
1128 Wright Bandera, TX Tucked away on almost one and a half acres, this single wide manufactured home is loaded w...	3 beds \| 2 baths \| 1,368 sq.ft.	$215,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.67% Airbnb Rental Income: $1238 Traditional Rental Income: $1450 Airbnb ROI: 1.69% Traditional ROI: 4.67%
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: -6.39% Traditional cash on cash: -0.78% Airbnb Rental Income: $598 Traditional Rental Income: $1297 Airbnb ROI: -6.39% Traditional ROI: -0.78%
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.	$195,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 4.85% Airbnb Rental Income: $439 Traditional Rental Income: $1284 Airbnb ROI: -1.13% Traditional ROI: 4.85%
286 Hwy 173 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.	$350,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 1.68% Airbnb Rental Income: $439 Traditional Rental Income: $1130 Airbnb ROI: -1.22% Traditional ROI: 1.68%
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.	$135,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 6.88% Airbnb Rental Income: $598 Traditional Rental Income: $1362 Airbnb ROI: -1.24% Traditional ROI: 6.88%
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.	$350,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 1.68% Airbnb Rental Income: $439 Traditional Rental Income: $1133 Airbnb ROI: -1.22% Traditional ROI: 1.68%

Real Estate investment in Bandera, TX

There are 416 properties for sale in the city of Bandera . The median list price in Bandera is $377,274 and the average price per square foot is $36. In July 2026, the average monthly cash on cash return in Bandera is 3.00%. The average monthly rental income in Bandera is $529.

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

There are 416 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 $529.

Your search for investment property begins and ends here

Investment Property for Sale in Bandera, TX

2814 PANTHER HOLLOW DR

Bandera, TX

4 beds | 5 baths | 4,651 sq.ft.

$2,790,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 0.34%

Airbnb Rental Income: $2324

Traditional Rental Income: $4526

Airbnb ROI: -0.73%

Traditional ROI: 0.34%

676 Highgate

Bandera, TX

4 beds | 4 baths | 3,198 sq.ft.

$1,650,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 0.68%

Airbnb Rental Income: $2324

Traditional Rental Income: $3598

Airbnb ROI: -0.52%

Traditional ROI: 0.68%

177 Knollwood Cir

Bandera, TX

3 beds | 2 baths | 2,247 sq.ft.

$440,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $1238

Traditional Rental Income: $1865

Airbnb ROI: -0.51%

Traditional ROI: 1.98%

129 Rapids Cir

Bandera, TX

3 beds | 2 baths | 1,859 sq.ft.

$474,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $1238

Traditional Rental Income: $1818

Airbnb ROI: -0.41%

Traditional ROI: 1.79%

414 Medina Dr

Bandera, TX

3 beds | 1 baths | 1,568 sq.ft.

$199,900

Airbnb cash on cash: 2.42%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $1238

Traditional Rental Income: $1318

Airbnb ROI: 2.42%

Traditional ROI: 4.92%

301 MADRONA LN

Bandera, TX

2 beds | 1 baths | 952 sq.ft.

$170,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $598

Traditional Rental Income: $1249

Airbnb ROI: -0.98%

Traditional ROI: 4.81%

636 Skyline Dr

Bandera, TX

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

$260,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1238

Traditional Rental Income: $1599

Airbnb ROI: 0.65%

Traditional ROI: 3.73%

205 Canyon Lake Dr

Bandera, TX

3 beds | 2 baths | 1,182 sq.ft.

$286,500

Airbnb cash on cash: 1.68%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1238

Traditional Rental Income: $1726

Airbnb ROI: 1.68%