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
104 Cold Springs Cyn Lakehills, TX 104 Cold Springs Cyn, Lakehills, TX 78003 \| Other	N/A beds \| N/A baths \| N/A	$265,000	Airbnb cash on cash: -1.68% Traditional cash on cash: -1.31% Airbnb Rental Income: $734 Traditional Rental Income: $516 Airbnb ROI: -1.68% Traditional ROI: -1.31%
000 Winans Ranch Rd Lakehills, TX 000 Winans Ranch Rd, Lakehills, TX 78003 \| Other	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: -1.84% Traditional cash on cash: -1.5% Airbnb Rental Income: $734 Traditional Rental Income: $517 Airbnb ROI: -1.84% Traditional ROI: -1.5%
0 15th St Lakehills, TX 0 15th St, Lakehills, TX 78003 \| Other	N/A beds \| N/A baths \| N/A	$30,000	Airbnb cash on cash: 7.53% Traditional cash on cash: 11.76% Airbnb Rental Income: $734 Traditional Rental Income: $560 Airbnb ROI: 7.53% Traditional ROI: 11.76%
491 Forest Breeze Lakehills, TX Huge 2.02 Acre lot Beautiful Custom home professionally done high gloss stained concrete 2...	4 beds \| 2 baths \| 2,240 sq.ft.	$499,999	Airbnb cash on cash: 1.12% Traditional cash on cash: 1.8% Airbnb Rental Income: $2082 Traditional Rental Income: $1862 Airbnb ROI: 1.12% Traditional ROI: 1.8%
403 Kruse Loop Lakehills, TX NEAR THE LAKE HOUSE ON LAKE MEDINA** CORNER LOT, NESTED AMONGST GIANT OAKS ON 3/4 ACRE...	3 beds \| 2 baths \| 2,260 sq.ft.	$218,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 5.81% Airbnb Rental Income: $1209 Traditional Rental Income: $1682 Airbnb ROI: 1.63% Traditional ROI: 5.81%
171 Sunset Dr Lakehills, TX Experience the allure of this beautifully remodeled country cottage with elevated views of...	1 beds \| 1 baths \| 560 sq.ft.	$149,980	Airbnb cash on cash: 0.51% Traditional cash on cash: 2.84% Airbnb Rental Income: $856 Traditional Rental Income: $859 Airbnb ROI: 0.51% Traditional ROI: 2.84%
12064 Park Road 37 Lakehills, TX 1951 Spartan Airstream converted to retail space!! Could be converted to whatever you can ...	2 beds \| 1 baths \| 511 sq.ft.	$130,000	Airbnb cash on cash: 7.85% Traditional cash on cash: 5.21% Airbnb Rental Income: $1727 Traditional Rental Income: $920 Airbnb ROI: 7.85% Traditional ROI: 5.21%
920 Pebble Bch Dr NW Lakehills, TX Welcome to 920 Pebble Beach Dr. NW! A beautifully crafted log cabin retreat in the desirab...	4 beds \| 2 baths \| 1,508 sq.ft.	$499,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 1.51% Airbnb Rental Income: $2082 Traditional Rental Income: $1791 Airbnb ROI: 0.99% Traditional ROI: 1.51%
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 \| 2 baths \| 2,528 sq.ft.	$399,500	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.58% Airbnb Rental Income: $1727 Traditional Rental Income: $2477 Airbnb ROI: 0.31% Traditional ROI: 3.58%
10406 Park Road 37 Lakehills, TX Updated home on 8.29 acres near Medina Lake with no livestock restrictions, barn, shop, an...	2 beds \| 2 baths \| 1,628 sq.ft.	$525,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 0.97% Airbnb Rental Income: $1727 Traditional Rental Income: $1677 Airbnb ROI: 0.1% Traditional ROI: 0.97%
148 Legion Dr Lakehills, TX 148 Legion Dr, Lakehills, TX 78063 \| Single Family Residential	N/A beds \| N/A baths \| 1,313 sq.ft.	$60,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 11.03% Airbnb Rental Income: $734 Traditional Rental Income: $1009 Airbnb ROI: 1.29% Traditional ROI: 11.03%
772 NW Pebble Beach Dr Lakehills, TX Tucked away near the peaceful shores of Medina Lake, this inviting 2-bedroom, 2-bathroom h...	2 beds \| 2 baths \| 1,304 sq.ft.	$275,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 3.06% Airbnb Rental Income: $1727 Traditional Rental Income: $1469 Airbnb ROI: 2.22% Traditional ROI: 3.06%
582 Blue Bill Cove Dr Lakehills, TX Welcome to Sunset Haven-a beloved Hill Country retreat where peaceful mornings, breathtaki...	2 beds \| 1 baths \| 960 sq.ft.	$254,600	Airbnb cash on cash: 2.99% Traditional cash on cash: 2.8% Airbnb Rental Income: $1727 Traditional Rental Income: $1206 Airbnb ROI: 2.99% Traditional ROI: 2.8%
1497 Pebble Beach Rd Lakehills, TX Leave behind the congestion, noise & fast pace of city living & embrace the peaceful water...	4 beds \| 3 baths \| 2,866 sq.ft.	$475,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.17% Airbnb Rental Income: $2082 Traditional Rental Income: $2621 Airbnb ROI: 0.75% Traditional ROI: 3.17%
12501 Park Road 37 Lakehills, TX Experience the charm of this beautifully remodeled lake house, blending elegance and comfo...	5 beds \| 2 baths \| 1,758 sq.ft.	$639,980	Airbnb cash on cash: 2.56% Traditional cash on cash: 0.58% Airbnb Rental Income: $3656 Traditional Rental Income: $1676 Airbnb ROI: 2.56% Traditional ROI: 0.58%
696 Faurie Rd Lakehills, TX Leave the traffic, noise & crowded neighborhoods behind and discover the peaceful waterfro...	3 beds \| 2 baths \| 2,176 sq.ft.	$439,995	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.29% Airbnb Rental Income: $1209 Traditional Rental Income: $2031 Airbnb ROI: -0.66% Traditional ROI: 2.29%
129 New York Ave Lakehills, TX Welcome home to this inviting 3-bedroom, 2-bathroom country retreat, nestled on a spacious...	3 beds \| 2 baths \| 1,762 sq.ft.	$178,999	Airbnb cash on cash: 0.47% Traditional cash on cash: 6.5% Airbnb Rental Income: $1209 Traditional Rental Income: $1847 Airbnb ROI: 0.47% Traditional ROI: 6.5%
282 Hill Top Ln Lakehills, TX Discover peaceful Hill Country living in this well-positioned Lakehills property, featurin...	4 beds \| 3 baths \| 2,276 sq.ft.	$474,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 1.36% Airbnb Rental Income: $2082 Traditional Rental Income: $1741 Airbnb ROI: 0.92% Traditional ROI: 1.36%
140 Lake Terrace Dr Lakehills, TX Set on over 1.3 acres in Lakehills, Texas, this 4-bedroom, 2-bath home with a detached gue...	4 beds \| 2 baths \| 1,568 sq.ft.	$230,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 6.02% Airbnb Rental Income: $2082 Traditional Rental Income: $1762 Airbnb ROI: 5.03% Traditional ROI: 6.02%
1551 Pebble Bch Lakehills, TX Potential Short sale Welcome to your perfect lakeside retreat! Located in the sought-aft...	3 beds \| 3 baths \| 2,884 sq.ft.	$650,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.05% Airbnb Rental Income: $1209 Traditional Rental Income: $2027 Airbnb ROI: -0.94% Traditional ROI: 1.05%
1020 Pebble Beach Dr NW Lakehills, TX Rare opportunity to own a newer custom home in the Pebble Beach community on Medina Lake. ...	3 beds \| 2 baths \| 1,512 sq.ft.	$485,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 1.72% Airbnb Rental Income: $1209 Traditional Rental Income: $1834 Airbnb ROI: -0.52% Traditional ROI: 1.72%
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 \| 2 baths \| 1,440 sq.ft.	$335,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 2.42% Airbnb Rental Income: $1727 Traditional Rental Income: $1582 Airbnb ROI: 1.37% Traditional ROI: 2.42%
267 Angel Dr Lakehills, TX A Must-See 3 Bed, 2 Bath Home Near Medina Lake! Nestled on approximately 0.8 acres, this b...	3 beds \| 2 baths \| 2,275 sq.ft.	$299,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 6.37% Airbnb Rental Income: $1209 Traditional Rental Income: $2205 Airbnb ROI: 1.44% Traditional ROI: 6.37%
1108 Pebble Beach Dr NW Lakehills, TX WATERFRONT LOT - NOW IS THE TIME TO BUY! Don't miss this unique opportunity to own a water...	1 beds \| 1 baths \| 1,440 sq.ft.	$299,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 3.17% Airbnb Rental Income: $856 Traditional Rental Income: $1624 Airbnb ROI: -0.74% Traditional ROI: 3.17%
314 Sunset Lakehills, TX Lakefront Living with Endless Possibilities - Fully Furnished 3-Bedroom Retreat Turnkey a...	3 beds \| 2 baths \| 1,644 sq.ft.	$356,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.77% Airbnb Rental Income: $1209 Traditional Rental Income: $1846 Airbnb ROI: -0.31% Traditional ROI: 2.77%
309 & 314 Sunset Lakehills, TX Lakefront Living with Endless Possibilities - Fully Furnished 3-Bedroom Retreat Turnkey a...	3 beds \| 2 baths \| 1,644 sq.ft.	$579,899	Airbnb cash on cash: -1.34% Traditional cash on cash: 2.32% Airbnb Rental Income: $1209 Traditional Rental Income: $2803 Airbnb ROI: -1.34% Traditional ROI: 2.32%
1400 Elmhurst Dr Lakehills, TX Welcome to 1400 Elmhurst Dr, Lakehills, TX! This charming 3-bedroom, 2-bath home offers 1,...	3 beds \| 2 baths \| 1,848 sq.ft.	$190,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.52% Airbnb Rental Income: $1209 Traditional Rental Income: $1746 Airbnb ROI: 2.38% Traditional ROI: 7.52%
189 Scenic Sunset Lakehills, TX This beautiful and unique 3800 sqft home sits on 6.09 acres in a gated community, (Scenic ...	3 beds \| 3 baths \| 3,800 sq.ft.	$815,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 0.68% Airbnb Rental Income: $1209 Traditional Rental Income: $2086 Airbnb ROI: -0.99% Traditional ROI: 0.68%
196 Whispering Oak Ln 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 \| 1 baths \| 840 sq.ft.	$324,995	Airbnb cash on cash: -0.62% Traditional cash on cash: 1.64% Airbnb Rental Income: $856 Traditional Rental Income: $1214 Airbnb ROI: -0.62% Traditional ROI: 1.64%
218 Mountainside Lakehills, TX Stunning Lakeview Home on Nearly 1 Acre w/ Custom Features & Modern Amenities- NO HOA!!! W...	3 beds \| 2 baths \| 1,916 sq.ft.	$379,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.79% Airbnb Rental Income: $1209 Traditional Rental Income: $1851 Airbnb ROI: -0.11% Traditional ROI: 2.79%
249 Lakeridge Loop Lakehills, TX 249 Lakeridge Loop, Pipe Creek, TX 78063 \| Single Family Residential	4 beds \| 3 baths \| 2,862 sq.ft.	$540,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 1.23% Airbnb Rental Income: $2082 Traditional Rental Income: $2140 Airbnb ROI: 0.05% Traditional ROI: 1.23%
323 Lakeside Lakehills, TX 323 Lakeside, Lakehills, TX 78063 \| Single Family Residential	5 beds \| 3 baths \| 2,868 sq.ft.	$499,999	Airbnb cash on cash: 3.13% Traditional cash on cash: 1.74% Airbnb Rental Income: $3656 Traditional Rental Income: $2209 Airbnb ROI: 3.13% Traditional ROI: 1.74%
12242 & 12244 Park Road 37 Lakehills, TX 12242 & 12244 Park Road 37, Lakehills, TX 78063 \| Single Family Residential	2 beds \| 1 baths \| 1,998 sq.ft.	$219,000	Airbnb cash on cash: 2.81% Traditional cash on cash: 0.88% Airbnb Rental Income: $1727 Traditional Rental Income: $850 Airbnb ROI: 2.81% Traditional ROI: 0.88%
162 Water View Dr Lakehills, TX 162 Water View Dr, Pipe Creek, TX 78063 \| Single Family Residential	2 beds \| 1 baths \| 1,398 sq.ft.	$150,000	Airbnb cash on cash: 5.24% Traditional cash on cash: 4.01% Airbnb Rental Income: $1727 Traditional Rental Income: $1074 Airbnb ROI: 5.24% Traditional ROI: 4.01%
208 Scenic Mountain Dr Lakehills, TX 208 Scenic Mountain Dr, Lakehills, TX 78063 \| Single Family Residential	2 beds \| N/A baths \| 2,300 sq.ft.	$699,000	Airbnb cash on cash: -1.01% Traditional cash on cash: -0.54% Airbnb Rental Income: $1727 Traditional Rental Income: $1561 Airbnb ROI: -1.01% Traditional ROI: -0.54%
679 Faurie Rd Lakehills, TX 679 Faurie Rd, Lakehills, TX 78063 \| Single Family Residential	1 beds \| 1 baths \| 500 sq.ft.	$171,000	Airbnb cash on cash: -0.12% Traditional cash on cash: -0.28% Airbnb Rental Income: $856 Traditional Rental Income: $498 Airbnb ROI: -0.12% Traditional ROI: -0.28%
12934 Park Road 37 Lakehills, TX 12934 Park Rd. 37, Lakehills, TX 78063 \| Single Family Residential	3 beds \| 2 baths \| 1,792 sq.ft.	$259,900	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.52% Airbnb Rental Income: $1209 Traditional Rental Income: $1393 Airbnb ROI: 0.18% Traditional ROI: 2.52%
622 Pebble Bch Lakehills, TX 622 Pebble Bch, Lakehills, TX 78063 \| Single Family Residential	3 beds \| 2 baths \| 1,200 sq.ft.	$338,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 0.62% Airbnb Rental Income: $1209 Traditional Rental Income: $1183 Airbnb ROI: -0.52% Traditional ROI: 0.62%
475 Oakridge Ln Lakehills, TX 475 Oakridge Ln, Lakehills, TX 78063 \| Other	N/A beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: -1.61% Traditional cash on cash: -1.58% Airbnb Rental Income: $734 Traditional Rental Income: $430 Airbnb ROI: -1.61% Traditional ROI: -1.58%
10&11 Plumb Cv Lakehills, TX 10&11 Plumb Cv, Lakehills, TX 78063 \| Other	N/A beds \| N/A baths \| N/A	$44,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 4.78% Airbnb Rental Income: $734 Traditional Rental Income: $438 Airbnb ROI: 4.46% Traditional ROI: 4.78%

Real Estate investment in Lakehills, TX

There are 176 properties for sale in the city of Lakehills . The median list price in Lakehills is $353,289 and the average price per square foot is $31. In September 2026, the average monthly cash on cash return in Lakehills is 3.00%. The average monthly rental income in Lakehills is $918.

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

There are 176 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 $918.

Your search for investment property begins and ends here

Investment Property for Sale in Lakehills, TX

104 Cold Springs Cyn

Lakehills, TX

N/A beds | N/A baths | N/A

$265,000

Airbnb cash on cash: -1.68%

Traditional cash on cash: -1.31%

Airbnb Rental Income: $734

Traditional Rental Income: $516

Airbnb ROI: -1.68%

Traditional ROI: -1.31%

000 Winans Ranch Rd

Lakehills, TX

N/A beds | N/A baths | N/A

$299,000

Airbnb cash on cash: -1.84%

Traditional cash on cash: -1.5%

Airbnb Rental Income: $734

Traditional Rental Income: $517

Airbnb ROI: -1.84%

Traditional ROI: -1.5%

0 15th St

Lakehills, TX

N/A beds | N/A baths | N/A

$30,000

Airbnb cash on cash: 7.53%

Traditional cash on cash: 11.76%

Airbnb Rental Income: $734

Traditional Rental Income: $560

Airbnb ROI: 7.53%

Traditional ROI: 11.76%

491 Forest Breeze

Lakehills, TX

4 beds | 2 baths | 2,240 sq.ft.

$499,999

Airbnb cash on cash: 1.12%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $2082

Traditional Rental Income: $1862

Airbnb ROI: 1.12%

Traditional ROI: 1.8%

403 Kruse Loop

Lakehills, TX

3 beds | 2 baths | 2,260 sq.ft.

$218,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 5.81%

Airbnb Rental Income: $1209

Traditional Rental Income: $1682

Airbnb ROI: 1.63%

Traditional ROI: 5.81%

171 Sunset Dr

Lakehills, TX

1 beds | 1 baths | 560 sq.ft.

$149,980

Airbnb cash on cash: 0.51%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $856

Traditional Rental Income: $859

Airbnb ROI: 0.51%

Traditional ROI: 2.84%

12064 Park Road 37

Lakehills, TX

2 beds | 1 baths | 511 sq.ft.

$130,000

Airbnb cash on cash: 7.85%

Traditional cash on cash: 5.21%

Airbnb Rental Income: $1727

Traditional Rental Income: $920

Airbnb ROI: 7.85%

Traditional ROI: 5.21%

920 Pebble Bch Dr NW

Lakehills, TX

4 beds | 2 baths | 1,508 sq.ft.

$499,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $2082

Traditional Rental Income: $1791

Airbnb ROI: 0.99%