Real Estate Investment Properties for Sale in Lakehills, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
171 SUNSET DRIVE Lakehills, TX Experience the allure of this beautifully remodeled country cottage with elevated views of...	1 beds \| N/A baths \| 560 sq.ft.	$149,990	Airbnb cash on cash: 2.89% Traditional cash on cash: 2.84% Airbnb Rental Income: $1266 Traditional Rental Income: $859 Airbnb ROI: 2.89% Traditional ROI: 2.84%
920 Pebble Beach Dr NW Lakehills, TX Welcome to 920 Pebble Beach Dr. NW! A beautifully crafted log cabin retreat in the desirab...	4 beds \| N/A baths \| 1,508 sq.ft.	$555,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 1.26% Airbnb Rental Income: $5354 Traditional Rental Income: $1791 Airbnb ROI: 6.05% Traditional ROI: 1.26%
806 BLUE BILL COVE DR Lakehills, TX Explore this charming waterfront lake house on 1.53 acres with a private inlet. The partia...	2 beds \| N/A baths \| 2,528 sq.ft.	$450,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.07% Airbnb Rental Income: $1784 Traditional Rental Income: $2477 Airbnb ROI: 0.27% Traditional ROI: 3.07%
10406 Park Road 37 Lakehills, TX Country Living on 8.289 Acres! Welcome to your well-maintained country home, a charming 1,...	2 beds \| N/A baths \| 1,628 sq.ft.	$570,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 0.82% Airbnb Rental Income: $1784 Traditional Rental Income: $1677 Airbnb ROI: 0.1% Traditional ROI: 0.82%
607 Mountain Lakehills, TX Welcome to 607 Mountain Drive - a 3.38-acre private retreat tucked into the tranquil hills...	5 beds \| N/A baths \| 1,360 sq.ft.	$299,990	Airbnb cash on cash: 8.3% Traditional cash on cash: 4% Airbnb Rental Income: $3901 Traditional Rental Income: $1846 Airbnb ROI: 8.3% Traditional ROI: 4%
1497 PEBBLE BEACH RD Lakehills, TX Experience the tranquility of waterfront living in this spacious home set on two lots. Off...	4 beds \| N/A baths \| 3,888 sq.ft.	$524,990	Airbnb cash on cash: 6.14% Traditional cash on cash: 2.78% Airbnb Rental Income: $5354 Traditional Rental Income: $2621 Airbnb ROI: 6.14% Traditional ROI: 2.78%
12501 PARK ROAD 37 Lakehills, TX Experience the charm of this beautifully remodeled lake house, blending elegance and comfo...	5 beds \| N/A baths \| 1,758 sq.ft.	$639,995	Airbnb cash on cash: 2.9% Traditional cash on cash: 0.58% Airbnb Rental Income: $3901 Traditional Rental Income: $1676 Airbnb ROI: 2.9% Traditional ROI: 0.58%
696 FAURIE ROAD Lakehills, TX This stunning waterfront home on Faurie Point boasts a modern stucco exterior with a stand...	3 beds \| N/A baths \| 2,176 sq.ft.	$449,995	Airbnb cash on cash: -0.68% Traditional cash on cash: 2.06% Airbnb Rental Income: $1275 Traditional Rental Income: $2031 Airbnb ROI: -0.68% Traditional ROI: 2.06%
1468 Pebble Beach Rd Lakehills, TX Nestled in the heart of picturesque countryside, this charming, country house offers a ser...	2 beds \| N/A baths \| 1,080 sq.ft.	$235,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 3.78% Airbnb Rental Income: $1784 Traditional Rental Income: $1332 Airbnb ROI: 3.63% Traditional ROI: 3.78%
282 Hill Top Ln Lakehills, TX Beautiful Two-Story Home in Lakehills New carpet has been installed on the staircase and s...	4 beds \| N/A baths \| 2,276 sq.ft.	$508,000	Airbnb cash on cash: 6.53% Traditional cash on cash: 1.2% Airbnb Rental Income: $5354 Traditional Rental Income: $1741 Airbnb ROI: 6.53% Traditional ROI: 1.2%
259 PARK DR Lakehills, TX Bring all offers! Welcome to your serene getaway in the Heart of the Texas Hill Country! G...	2 beds \| N/A baths \| 1,792 sq.ft.	$210,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 5.4% Airbnb Rental Income: $1784 Traditional Rental Income: $1870 Airbnb ROI: 2.53% Traditional ROI: 5.4%
155 SCENIC CIRCLE Lakehills, TX Charming country home near Medina Lake! This spacious residence features 5 bedrooms and 3 ...	5 beds \| N/A baths \| 2,700 sq.ft.	$275,000	Airbnb cash on cash: 8.43% Traditional cash on cash: 7.77% Airbnb Rental Income: $3901 Traditional Rental Income: $2890 Airbnb ROI: 8.43% Traditional ROI: 7.77%
213 Oak Cliff Lakehills, TX Enjoy end-of-the-road privacy in this charming 2-bedroom, 2-bath cabin nestled on the shor...	2 beds \| N/A baths \| 1,344 sq.ft.	$210,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 4.95% Airbnb Rental Income: $1784 Traditional Rental Income: $1493 Airbnb ROI: 3.97% Traditional ROI: 4.95%
242 SCENIC SMT Lakehills, TX MOTIVATED SELLER Welcome to your perfect retreat! This stunning home offers breathtaki...	3 beds \| N/A baths \| 2,921 sq.ft.	$394,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.76% Airbnb Rental Income: $1275 Traditional Rental Income: $2607 Airbnb ROI: 0.06% Traditional ROI: 4.76%
12596 Park Road 37 Lakehills, TX **Seller offering $5K Buyer Incentive to help with closing costs or to buy down interest r...	3 beds \| N/A baths \| 1,350 sq.ft.	$249,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.82% Airbnb Rental Income: $1275 Traditional Rental Income: $1777 Airbnb ROI: 1.99% Traditional ROI: 5.82%
1551 Pebble Beach Lakehills, TX Potential Short sale Welcome to your perfect lakeside retreat! Located in the sought-aft...	3 beds \| N/A baths \| 2,884 sq.ft.	$450,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 1.96% Airbnb Rental Income: $1275 Traditional Rental Income: $2027 Airbnb ROI: -0.78% Traditional ROI: 1.96%
122 Hi View Lakehills, TX NEW HOME CONSTRUCTION-** Seller offering up to $5000 towards buyers closing costs or buy d...	3 beds \| N/A baths \| 1,841 sq.ft.	$336,400	Airbnb cash on cash: 1.31% Traditional cash on cash: 4.88% Airbnb Rental Income: $1275 Traditional Rental Income: $2002 Airbnb ROI: 1.31% Traditional ROI: 4.88%
980 Pebble Beach Dr NW Lakehills, TX Nestled along the serene shores of Medina Lake, this charming 2-bedroom, 2-bath home offer...	2 beds \| N/A baths \| 1,440 sq.ft.	$335,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 2.42% Airbnb Rental Income: $1784 Traditional Rental Income: $1582 Airbnb ROI: 1.52% Traditional ROI: 2.42%
272 White Bass Dr Lakehills, TX Nestled in Pebble Beach near the scenic shores of Medina Lake, this meticulously maintaine...	3 beds \| N/A baths \| 1,902 sq.ft.	$360,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.36% Airbnb Rental Income: $1275 Traditional Rental Income: $1916 Airbnb ROI: 0.27% Traditional ROI: 3.36%
125 Northlake Cove Lakehills, TX Perched atop a scenic hill overlooking Medina Lake, this stunning home is the ultimate Hil...	4 beds \| 5 baths \| 3,820 sq.ft.	$979,900	Airbnb cash on cash: 2.78% Traditional cash on cash: 3.93% Airbnb Rental Income: $5354 Traditional Rental Income: $5327 Airbnb ROI: 2.78% Traditional ROI: 3.93%
1108 Pebble Beach Dr NW Lakehills, TX *WATER FRONT LOT *Now is the time to buy! Currently, this well maintained home is a on...	1 beds \| N/A baths \| 1,440 sq.ft.	$319,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.91% Airbnb Rental Income: $1266 Traditional Rental Income: $1624 Airbnb ROI: 0.38% Traditional ROI: 2.91%
2580 goat hill Lakehills, TX OWNER FINANCING AVAILABLE! Enjoy a beautiful drive into the Hill Country as you pull into ...	4 beds \| N/A baths \| 2,527 sq.ft.	$548,500	Airbnb cash on cash: 6.13% Traditional cash on cash: 2.57% Airbnb Rental Income: $5354 Traditional Rental Income: $2446 Airbnb ROI: 6.13% Traditional ROI: 2.57%
810 12th Lakehills, TX Cabin in the country yet close to the city of San Antonio. Central AC/Heat with backup pro...	1 beds \| N/A baths \| 1,536 sq.ft.	$145,999	Airbnb cash on cash: 2.73% Traditional cash on cash: 6.36% Airbnb Rental Income: $1266 Traditional Rental Income: $1374 Airbnb ROI: 2.73% Traditional ROI: 6.36%
455 Oak View Lakehills, TX If you've been dreaming of a quiet country place to make your own or have a place to live ...	3 beds \| N/A baths \| 1,556 sq.ft.	$343,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.9% Airbnb Rental Income: $1275 Traditional Rental Income: $1775 Airbnb ROI: 0.1% Traditional ROI: 2.9%
282 Elmhurst Lakehills, TX 8 lots situated on a corner property. Site features two gate entrance - wide enough to acc...	2 beds \| N/A baths \| 1,000 sq.ft.	$109,000	Airbnb cash on cash: 9.45% Traditional cash on cash: 8.54% Airbnb Rental Income: $1784 Traditional Rental Income: $1202 Airbnb ROI: 9.45% Traditional ROI: 8.54%
460 Faurie Lane Lakehills, TX Bright and spacious 3/2 home near Medina Lake, offering peace and privacy yet an easy comm...	3 beds \| N/A baths \| 1,920 sq.ft.	$325,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 4.18% Airbnb Rental Income: $1275 Traditional Rental Income: $1799 Airbnb ROI: 1.15% Traditional ROI: 4.18%
182 country point Lakehills, TX NOT FOR THE MINIMIALISTIC!!! This Santa Fe Style home 2200 sqft of living space, with a un...	3 beds \| N/A baths \| 2,324 sq.ft.	$794,990	Airbnb cash on cash: -1.13% Traditional cash on cash: 0.69% Airbnb Rental Income: $1275 Traditional Rental Income: $2222 Airbnb ROI: -1.13% Traditional ROI: 0.69%
881 Georges Lakehills, TX Experience peaceful lake living in the heart of the Texas Hill Country - just 20 minutes f...	3 beds \| N/A baths \| 1,738 sq.ft.	$585,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.11% Airbnb Rental Income: $1275 Traditional Rental Income: $1889 Airbnb ROI: -0.75% Traditional ROI: 1.11%
1400 Elmhurst Dr. Lakehills, TX Welcome to 1400 Elmhurst Dr, Lakehills, TX! This charming 3-bedroom, 2-bath home offers 1,...	3 beds \| N/A baths \| 1,848 sq.ft.	$199,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 7.14% Airbnb Rental Income: $1275 Traditional Rental Income: $1746 Airbnb ROI: 2.53% Traditional ROI: 7.14%
137 Hilltop Lakehills, TX Enjoy the best both of worlds in this one-of-a-kind hillside home. Peaceful country living...	3 beds \| N/A baths \| 1,896 sq.ft.	$345,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 3.81% Airbnb Rental Income: $1275 Traditional Rental Income: $1983 Airbnb ROI: 0.39% Traditional ROI: 3.81%
189 Scenic Sunset Lakehills, TX This beautiful and unique 3800 sqft home sits on approximately 6 acres in Lakehills and fe...	3 beds \| N/A baths \| 3,800 sq.ft.	$850,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 0.61% Airbnb Rental Income: $1275 Traditional Rental Income: $2086 Airbnb ROI: -0.92% Traditional ROI: 0.61%
835 lookout Lakehills, TX Fully remodeled waterfront home built in 2005, approx. 2568 sqft*2 beautiful oak trees. Lo...	3 beds \| N/A baths \| 2,568 sq.ft.	$649,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.29% Airbnb Rental Income: $1275 Traditional Rental Income: $2252 Airbnb ROI: -0.99% Traditional ROI: 1.29%
196 Whispering Oak Lane Lakehills, TX Build the lake home of your dreams on a rare 1.117-acre, end-of-the-road property on the d...	1 beds \| N/A baths \| 840 sq.ft.	$375,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1.29% Airbnb Rental Income: $1266 Traditional Rental Income: $1214 Airbnb ROI: 0.3% Traditional ROI: 1.29%
218 Mountain Side Lakehills, TX Stunning Lakeview Home on Nearly 1 Acre with Custom Features and Modern Amenities Welcome ...	2 beds \| N/A baths \| 1,916 sq.ft.	$399,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 2.61% Airbnb Rental Income: $1784 Traditional Rental Income: $1851 Airbnb ROI: 1.13% Traditional ROI: 2.61%
207 Deer Oaks Dr Lakehills, TX Welcome home to this thoughtfully crafted new construction nestled in the heart of the Hil...	4 beds \| 3 baths \| 2,485 sq.ft.	$489,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 3.09% Airbnb Rental Income: $5354 Traditional Rental Income: $2782 Airbnb ROI: 6.35% Traditional ROI: 3.09%
207 Deer Oaks Lakehills, TX Welcome home to this thoughtfully crafted new construction nestled in the heart of the Hil...	4 beds \| N/A baths \| 2,485 sq.ft.	$489,000	Airbnb cash on cash: 7.48% Traditional cash on cash: 2.24% Airbnb Rental Income: $5354 Traditional Rental Income: $1878 Airbnb ROI: 7.48% Traditional ROI: 2.24%
10484 Park Road 37 Lakehills, TX THIS VERSATILE 2/1 HOME IS BURSTING WITH POTENTIAL AND MAY BE ELIGIBLE FOR COMMERCIAL USE!...	2 beds \| N/A baths \| 1,301 sq.ft.	$199,500	Airbnb cash on cash: 4.28% Traditional cash on cash: 4.91% Airbnb Rental Income: $1784 Traditional Rental Income: $1418 Airbnb ROI: 4.28% Traditional ROI: 4.91%
1283 Pipe Springs Dr Lakehills, TX Experience peaceful country living on over 5 acres of unrestricted land with this beautifu...	4 beds \| N/A baths \| 2,432 sq.ft.	$397,500	Airbnb cash on cash: 8.62% Traditional cash on cash: 3.15% Airbnb Rental Income: $5354 Traditional Rental Income: $2235 Airbnb ROI: 8.62% Traditional ROI: 3.15%

Real Estate investment in Lakehills, TX

There are 62 properties for sale in the city of Lakehills . The median list price in Lakehills is $240,000 and the average price per square foot is $152. In January 2026, the average monthly cash on cash return in Lakehills is 4.00%. The average monthly rental income in Lakehills is $1,265.

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

There are 62 investment properties available for sale in Lakehills.

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

The ROI for Long-Term is higher than the Short-Term in Lakehills with average rental income of $1,265.

Your search for investment property begins and ends here

Investment Property for Sale in Lakehills, TX

171 SUNSET DRIVE

Lakehills, TX

1 beds | N/A baths | 560 sq.ft.

$149,990

Airbnb cash on cash: 2.89%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1266

Traditional Rental Income: $859

Airbnb ROI: 2.89%

Traditional ROI: 2.84%

920 Pebble Beach Dr NW

Lakehills, TX

4 beds | N/A baths | 1,508 sq.ft.

$555,000

Airbnb cash on cash: 6.05%

Traditional cash on cash: 1.26%

Airbnb Rental Income: $5354

Traditional Rental Income: $1791

Airbnb ROI: 6.05%

Traditional ROI: 1.26%

806 BLUE BILL COVE DR

Lakehills, TX

2 beds | N/A baths | 2,528 sq.ft.

$450,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1784

Traditional Rental Income: $2477

Airbnb ROI: 0.27%

Traditional ROI: 3.07%

10406 Park Road 37

Lakehills, TX

2 beds | N/A baths | 1,628 sq.ft.

$570,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 0.82%

Airbnb Rental Income: $1784

Traditional Rental Income: $1677

Airbnb ROI: 0.1%

Traditional ROI: 0.82%

607 Mountain

Lakehills, TX

5 beds | N/A baths | 1,360 sq.ft.

$299,990

Airbnb cash on cash: 8.3%

Traditional cash on cash: 4%

Airbnb Rental Income: $3901

Traditional Rental Income: $1846

Airbnb ROI: 8.3%

Traditional ROI: 4%

1497 PEBBLE BEACH RD

Lakehills, TX

4 beds | N/A baths | 3,888 sq.ft.

$524,990

Airbnb cash on cash: 6.14%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $5354

Traditional Rental Income: $2621

Airbnb ROI: 6.14%

Traditional ROI: 2.78%

12501 PARK ROAD 37

Lakehills, TX

5 beds | N/A baths | 1,758 sq.ft.

$639,995

Airbnb cash on cash: 2.9%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $3901

Traditional Rental Income: $1676

Airbnb ROI: 2.9%

Traditional ROI: 0.58%

696 FAURIE ROAD

Lakehills, TX

3 beds | N/A baths | 2,176 sq.ft.

$449,995

Airbnb cash on cash: -0.68%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $1275

Traditional Rental Income: $2031

Airbnb ROI: -0.68%