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
727 private road 1508 Bandera, TX This renovated multi-level home with Medina Lake access is ideal for entertaining or relax...	3 beds \| 3 baths \| 2,016 sq.ft.	$299,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 4% Airbnb Rental Income: $2272 Traditional Rental Income: $2075 Airbnb ROI: 2.69% Traditional ROI: 4%
710 Chipman Lane Bandera, TX Charming Ranch-Style Retreat on Over 2 Acres of Unrestricted Land. Discover comfort and se...	2 beds \| 2 baths \| 1,740 sq.ft.	$390,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 3.34% Airbnb Rental Income: $1523 Traditional Rental Income: $2330 Airbnb ROI: -0.08% Traditional ROI: 3.34%
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: 1.71% Traditional cash on cash: 4.59% Airbnb Rental Income: $1523 Traditional Rental Income: $1760 Airbnb ROI: 1.71% Traditional ROI: 4.59%
345 Laguna Road Bandera, TX Mock Ranches is proud to present this captivating 3150 sqft single-story custom estate in ...	3 beds \| 4 baths \| 3,150 sq.ft.	$1,190,000	Airbnb cash on cash: -1.15% Traditional cash on cash: -0.14% Airbnb Rental Income: $2272 Traditional Rental Income: $2819 Airbnb ROI: -1.15% Traditional ROI: -0.14%
406 Hackberry Bandera, TX Affordable, adorable, and full of possibilities! Welcome to 406 Hackberry in Bandera, TX, ...	2 beds \| 1 baths \| 676 sq.ft.	$215,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 2.18% Airbnb Rental Income: $1523 Traditional Rental Income: $1097 Airbnb ROI: 2.1% Traditional ROI: 2.18%
592 PR 1510 Bandera, TX JUST LISTED Immaculate 3 bedroom, 2 bath hill country home located in gated community. Sta...	3 beds \| 2 baths \| 1,560 sq.ft.	$255,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 4.64% Airbnb Rental Income: $2272 Traditional Rental Income: $1746 Airbnb ROI: 4.47% Traditional ROI: 4.64%
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.	$295,000	Airbnb cash on cash: 4.7% Traditional cash on cash: 4.78% Airbnb Rental Income: $2272 Traditional Rental Income: $1726 Airbnb ROI: 4.7% Traditional ROI: 4.78%
794 Rio Luna Dr Bandera, TX Indulge in the ultimate riverside retreat, where the enchantment of the crystal clear spri...	1 beds \| 3 baths \| 1,500 sq.ft.	$309,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 4.83% Airbnb Rental Income: $1005 Traditional Rental Income: $2229 Airbnb ROI: -0.61% Traditional ROI: 4.83%
925 Martingale Trail Bandera, TX Charming Tuscany-inspired retreat - your second paradise nestled on 3.2 acres in the heart...	1 beds \| 2 baths \| 1,638 sq.ft.	$675,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 1.11% Airbnb Rental Income: $1005 Traditional Rental Income: $2124 Airbnb ROI: -1.24% Traditional ROI: 1.11%
180 Hondo Spur Bandera, TX Welcome to this unique, exceptional property on 10+- acres nestled in a beautiful, peacefu...	3 beds \| 3 baths \| 3,072 sq.ft.	$1,250,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.08% Airbnb Rental Income: $2272 Traditional Rental Income: $2001 Airbnb ROI: -0.18% Traditional ROI: 0.08%
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.	$364,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 3.38% Airbnb Rental Income: $1005 Traditional Rental Income: $1705 Airbnb ROI: 0.29% Traditional ROI: 3.38%
406 7th Street Bandera, TX Charming 3-Bed, 2-Bath Corner-Lot Home in the Heart of Bandera, TX - Now a Turnkey B&B! T...	3 beds \| 2 baths \| 1,271 sq.ft.	$299,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 3.51% Airbnb Rental Income: $2272 Traditional Rental Income: $1717 Airbnb ROI: 3.46% Traditional ROI: 3.51%
814 12th St Bandera, TX OPEN HOUSE SATURDAY, March 22, 1pm to 4pm.Welcome to a charming cowboy getaway in Bandera,...	3 beds \| 2 baths \| 852 sq.ft.	$265,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 3.85% Airbnb Rental Income: $2272 Traditional Rental Income: $1574 Airbnb ROI: 4.37% Traditional ROI: 3.85%
6880 Whartons Dock Bandera, TX Welcome to your perfect getaway in Lake Medina Shores! This custom-built tiny farmhouse bl...	1 beds \| 1 baths \| 600 sq.ft.	$105,000	Airbnb cash on cash: 4.23% Traditional cash on cash: 9.34% Airbnb Rental Income: $1005 Traditional Rental Income: $1169 Airbnb ROI: 4.23% Traditional ROI: 9.34%
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.	$364,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 2.82% Airbnb Rental Income: $1005 Traditional Rental Income: $1716 Airbnb ROI: -0.3% Traditional ROI: 2.82%
626 Brushy Creek Trail Bandera, TX AMAZING Newly REMODELED Home Near MEDINA LAKE! Sits on 3 Lots 0.348 Acres. This Beautifu...	3 beds \| 2 baths \| 1,344 sq.ft.	$174,990	Airbnb cash on cash: 8.19% Traditional cash on cash: 7.01% Airbnb Rental Income: $2272 Traditional Rental Income: $1507 Airbnb ROI: 8.19% Traditional ROI: 7.01%
710 Chipman Bandera, TX Charming Ranch-Style Retreat on Over 2 Acres of Unrestricted Land. Discover comfort and se...	2 beds \| 2 baths \| 1,740 sq.ft.	$390,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 2.48% Airbnb Rental Income: $1523 Traditional Rental Income: $1918 Airbnb ROI: 0.19% Traditional ROI: 2.48%
925 Clearwater Canyon Bandera, TX WELCOME HOME TO THIS AMAZING LUXURY HOME WITH AN AMAZING PRICE IMPROVEMENT!! This beautifu...	4 beds \| 4 baths \| 4,981 sq.ft.	$1,599,990	Airbnb cash on cash: -0.65% Traditional cash on cash: 0.15% Airbnb Rental Income: $2900 Traditional Rental Income: $3417 Airbnb ROI: -0.65% Traditional ROI: 0.15%
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.	$65,000	Airbnb cash on cash: 7.25% Traditional cash on cash: 10.37% Airbnb Rental Income: $1005 Traditional Rental Income: $851 Airbnb ROI: 7.25% Traditional ROI: 10.37%
524 Elmwood Dr Bandera, TX Beautiful Horse Property with an above ground Pool located in Bandera! This affordable 6 a...	2 beds \| 2 baths \| 1,440 sq.ft.	$445,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.78% Airbnb Rental Income: $1523 Traditional Rental Income: $1916 Airbnb ROI: 0.77% Traditional ROI: 2.78%
160 PR 1513 Bandera, TX Nice 2 bedroom, 1 bath manufactured home, built in 2019, in the gated community, Holiday V...	2 beds \| 1 baths \| 962 sq.ft.	$182,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 4.28% Airbnb Rental Income: $1523 Traditional Rental Income: $1221 Airbnb ROI: 3.47% Traditional ROI: 4.28%
755 Sombra Dr Bandera, TX Welcome to this charming 2022 manufactured home on stilts, thoughtfully designed to offer ...	2 beds \| 2 baths \| 1,152 sq.ft.	$295,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 3.6% Airbnb Rental Income: $1523 Traditional Rental Income: $1572 Airbnb ROI: 1.83% Traditional ROI: 3.6%
2152 Palomino Springs Bandera, TX Welcome to the beautiful Texas Hill Country! This custom-built 5 bedroom, 3.5 bathroom hom...	5 beds \| 4 baths \| 3,139 sq.ft.	$739,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $3166 Airbnb ROI: N/A Traditional ROI: 2.18%
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.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 2.8%
108 Palomino Springs Bandera, TX BRAND NEW CUSTOM HILL COUNTRY RETREAT WITH VIEWS FOR MILES! Meticulously crafted custom ho...	3 beds \| 3 baths \| 2,965 sq.ft.	$849,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 1.66% Airbnb Rental Income: $2272 Traditional Rental Income: $2471 Airbnb ROI: 0.69% Traditional ROI: 1.66%
237 Hopi Trail Bandera, TX *NEW CONSTRUCTION *Well designed and timeless finishes are apparent in this 3 bedroom,...	3 beds \| 2 baths \| N/A	$394,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 3.08% Airbnb Rental Income: $2272 Traditional Rental Income: $1626 Airbnb ROI: 3.29% Traditional ROI: 3.08%
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: 1.13% Traditional cash on cash: 2.16% Airbnb Rental Income: $2272 Traditional Rental Income: $2424 Airbnb ROI: 1.13% 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: 0.68% Traditional cash on cash: 1.26% Airbnb Rental Income: $2272 Traditional Rental Income: $2186 Airbnb ROI: 0.68% Traditional ROI: 1.26%
200 Blue Bonnet Bandera, TX Tucked beneath the canopy of mature trees and surrounded by nature's quiet beauty, this en...	4 beds \| 2 baths \| 2,285 sq.ft.	$419,900	Airbnb cash on cash: 3.13% Traditional cash on cash: 3.29% Airbnb Rental Income: $2900 Traditional Rental Income: $2288 Airbnb ROI: 3.13% Traditional ROI: 3.29%
1536 Kings Ranch Road Bandera, TX Charming Bandera Texas home with character includes recent updates and renovations with an...	3 beds \| 2 baths \| 1,852 sq.ft.	$485,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.18% Airbnb Rental Income: $2272 Traditional Rental Income: $1981 Airbnb ROI: 1.57% Traditional ROI: 2.18%
200 HIGHLAND DR Bandera, TX Sprawling 11+ acres with a 60x100 barndominium featuring a 30x60 (1,800 sq ft) upper level...	4 beds \| 3 baths \| 1,800 sq.ft.	$725,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 0.4% Airbnb Rental Income: $2900 Traditional Rental Income: $1923 Airbnb ROI: 0.85% Traditional ROI: 0.4%
127 Mountain View Bandera, TX OFFERING $5,000 IN CLOSING COSTS Welcome to 127 Mountain View Dr, located just one mil...	2 beds \| 2 baths \| 1,344 sq.ft.	$269,500	Airbnb cash on cash: 1.24% Traditional cash on cash: 3.57% Airbnb Rental Income: $1523 Traditional Rental Income: $1672 Airbnb ROI: 1.24% Traditional ROI: 3.57%
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: -0.32% Traditional cash on cash: 0.5% Airbnb Rental Income: $2272 Traditional Rental Income: $2622 Airbnb ROI: -0.32% 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 \| 4 baths \| 2,652 sq.ft.	$779,999	Airbnb cash on cash: 0.72% Traditional cash on cash: 1.51% Airbnb Rental Income: $2900 Traditional Rental Income: $2807 Airbnb ROI: 0.72% Traditional ROI: 1.51%
4149 Hwy 173 Bandera, TX Your slice of the "Cowboy Capiital of the World" in Bandera, TX 1.11 acres. "Multi genera...	3 beds \| 2 baths \| 1,800 sq.ft.	$499,000	Airbnb cash on cash: 1.5% Traditional cash on cash: 2.45% Airbnb Rental Income: $2272 Traditional Rental Income: $2146 Airbnb ROI: 1.5% Traditional ROI: 2.45%
589 PR 1507 Bandera, TX Seller says "I'm motivated and more than ready to sell. BRING ALL OFFERS! Let's do this! ...	3 beds \| 2 baths \| 1,512 sq.ft.	$302,420	Airbnb cash on cash: 3.65% Traditional cash on cash: 3.83% Airbnb Rental Income: $2272 Traditional Rental Income: $1756 Airbnb ROI: 3.65% Traditional ROI: 3.83%
178 Spring Creek Cir Bandera, TX Beautiful Custom Home on the 14th green at the Flying L Ranch. This Rock & masonry home o...	3 beds \| 3 baths \| 2,832 sq.ft.	$449,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 3.15% Airbnb Rental Income: $2272 Traditional Rental Income: $2395 Airbnb ROI: 1.51% Traditional ROI: 3.15%
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.	$295,000	Airbnb cash on cash: 3.79% Traditional cash on cash: 3.2% Airbnb Rental Income: $2272 Traditional Rental Income: $1542 Airbnb ROI: 3.79% Traditional ROI: 3.2%
10965 Fm 470 #R Bandera, TX Income producing Massively Reduced, Private - Caribbean Cowboy RV Park is nestled in the h...	1 beds \| 2 baths \| 2,520 sq.ft.	$570,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 1.75% Airbnb Rental Income: $1005 Traditional Rental Income: $2090 Airbnb ROI: -0.95% Traditional ROI: 1.75%
5025 N Hwy 16 Bandera, TX Nestled just a few miles from the vibrant town of Bandera, this 10 acre tract presents a p...	3 beds \| 3 baths \| 2,398 sq.ft.	$899,900	Airbnb cash on cash: -0.87% Traditional cash on cash: -0.03% Airbnb Rental Income: $2272 Traditional Rental Income: $2407 Airbnb ROI: -0.87% Traditional ROI: -0.03%

Real Estate investment in Bandera, TX

There are 91 properties for sale in the city of Bandera . The median list price in Bandera is $375,000 and the average price per square foot is $214. In September 2025, the average monthly cash on cash return in Bandera is 3.00%. The average monthly rental income in Bandera is $1,855.

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

There are 91 investment properties available for sale in Bandera.

In 2025, 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 $1,855.

Your search for investment property begins and ends here

Investment Property for Sale in Bandera, TX

727 private road 1508

Bandera, TX

3 beds | 3 baths | 2,016 sq.ft.

$299,900

Airbnb cash on cash: 2.69%

Traditional cash on cash: 4%

Airbnb Rental Income: $2272

Traditional Rental Income: $2075

Airbnb ROI: 2.69%

Traditional ROI: 4%

710 Chipman Lane

Bandera, TX

2 beds | 2 baths | 1,740 sq.ft.

$390,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $1523

Traditional Rental Income: $2330

Airbnb ROI: -0.08%

Traditional ROI: 3.34%

560 PR 1515

Bandera, TX

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

$250,000

Airbnb cash on cash: 1.71%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $1523

Traditional Rental Income: $1760

Airbnb ROI: 1.71%

Traditional ROI: 4.59%

345 Laguna Road

Bandera, TX

3 beds | 4 baths | 3,150 sq.ft.

$1,190,000

Airbnb cash on cash: -1.15%

Traditional cash on cash: -0.14%

Airbnb Rental Income: $2272

Traditional Rental Income: $2819

Airbnb ROI: -1.15%

Traditional ROI: -0.14%

406 Hackberry

Bandera, TX

2 beds | 1 baths | 676 sq.ft.

$215,000

Airbnb cash on cash: 2.1%

Traditional cash on cash: 2.18%

Airbnb Rental Income: $1523

Traditional Rental Income: $1097

Airbnb ROI: 2.1%

Traditional ROI: 2.18%

592 PR 1510

Bandera, TX

3 beds | 2 baths | 1,560 sq.ft.

$255,000

Airbnb cash on cash: 4.47%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $2272

Traditional Rental Income: $1746

Airbnb ROI: 4.47%

Traditional ROI: 4.64%

205 Canyon Lake Dr

Bandera, TX

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

$295,000

Airbnb cash on cash: 4.7%

Traditional cash on cash: 4.78%

Airbnb Rental Income: $2272

Traditional Rental Income: $1726

Airbnb ROI: 4.7%

Traditional ROI: 4.78%

794 Rio Luna Dr

Bandera, TX

1 beds | 3 baths | 1,500 sq.ft.

$309,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 4.83%

Airbnb Rental Income: $1005

Traditional Rental Income: $2229

Airbnb ROI: -0.61%