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: -2.91% Traditional cash on cash: -1.31% Airbnb Rental Income: $365 Traditional Rental Income: $516 Airbnb ROI: -2.91% 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: -2.93% Traditional cash on cash: -1.5% Airbnb Rental Income: $365 Traditional Rental Income: $517 Airbnb ROI: -2.93% Traditional ROI: -1.5%
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.	$248,000	Airbnb cash on cash: -2.17% Traditional cash on cash: 5% Airbnb Rental Income: $228 Traditional Rental Income: $1682 Airbnb ROI: -2.17% Traditional ROI: 5%
171 SUNSET DRIVE 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: 0.1% Traditional cash on cash: 2.84% Airbnb Rental Income: $785 Traditional Rental Income: $859 Airbnb ROI: 0.1% 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.	$139,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 4.79% Airbnb Rental Income: $579 Traditional Rental Income: $920 Airbnb ROI: 0.12% Traditional ROI: 4.79%
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: -0.86% Traditional cash on cash: 1.51% Airbnb Rental Income: $1045 Traditional Rental Income: $1791 Airbnb ROI: -0.86% 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 \| 3 baths \| 2,528 sq.ft.	$399,500	Airbnb cash on cash: -2.25% Traditional cash on cash: 3.58% Airbnb Rental Income: $579 Traditional Rental Income: $2477 Airbnb ROI: -2.25% Traditional ROI: 3.58%
914 Pebble Beach Dr NW Lakehills, TX Peace and quiet will greet you on the shores of Medina Lake. This custom built home exudes...	2 beds \| 2 baths \| 1,052 sq.ft.	$350,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 1.46% Airbnb Rental Income: $579 Traditional Rental Income: $1303 Airbnb ROI: -1.61% Traditional ROI: 1.46%
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: -1.85% Traditional cash on cash: 0.97% Airbnb Rental Income: $579 Traditional Rental Income: $1677 Airbnb ROI: -1.85% Traditional ROI: 0.97%
988 SUMMIT RD Lakehills, TX Experience a quieter side of Texas Hill Country living in the gated Brushy Creek Ranch com...	4 beds \| 3 baths \| 2,677 sq.ft.	$486,500	Airbnb cash on cash: -1.21% Traditional cash on cash: 2.4% Airbnb Rental Income: $1045 Traditional Rental Income: $2325 Airbnb ROI: -1.21% Traditional ROI: 2.4%
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: -1.47% Traditional cash on cash: 3.06% Airbnb Rental Income: $579 Traditional Rental Income: $1469 Airbnb ROI: -1.47% 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.	$259,600	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.73% Airbnb Rental Income: $579 Traditional Rental Income: $1206 Airbnb ROI: -0.99% Traditional ROI: 2.73%
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: -1.19% Traditional cash on cash: 3.17% Airbnb Rental Income: $1045 Traditional Rental Income: $2621 Airbnb ROI: -1.19% 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: N/A Traditional cash on cash: 0.58% Airbnb Rental Income: $null Traditional Rental Income: $1676 Airbnb ROI: N/A 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.	$444,995	Airbnb cash on cash: -2.62% Traditional cash on cash: 2.25% Airbnb Rental Income: $228 Traditional Rental Income: $2031 Airbnb ROI: -2.62% Traditional ROI: 2.25%
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.	$199,000	Airbnb cash on cash: -4.01% Traditional cash on cash: 5.77% Airbnb Rental Income: $228 Traditional Rental Income: $1847 Airbnb ROI: -4.01% Traditional ROI: 5.77%
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: -1.03% Traditional cash on cash: 1.36% Airbnb Rental Income: $1045 Traditional Rental Income: $1741 Airbnb ROI: -1.03% 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: 1.06% Traditional cash on cash: 6.02% Airbnb Rental Income: $1045 Traditional Rental Income: $1762 Airbnb ROI: 1.06% Traditional ROI: 6.02%
122 Hi View Lakehills, TX NEW HOME CONSTRUCTION**Home Eligible for NO DOWN PAYMENT ASSISTANCE program. Good size lot...	3 beds \| 3 baths \| 1,841 sq.ft.	$316,400	Airbnb cash on cash: -1.48% Traditional cash on cash: 5.25% Airbnb Rental Income: $228 Traditional Rental Income: $2002 Airbnb ROI: -1.48% Traditional ROI: 5.25%
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: -2.32% Traditional cash on cash: 1.72% Airbnb Rental Income: $228 Traditional Rental Income: $1834 Airbnb ROI: -2.32% 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: -1.67% Traditional cash on cash: 2.42% Airbnb Rental Income: $579 Traditional Rental Income: $1582 Airbnb ROI: -1.67% Traditional ROI: 2.42%
346 Rainbow Dr Lakehills, TX This charming home is beautifully nestled beneath large, shady oak trees. Set back peacefu...	2 beds \| 1 baths \| 948 sq.ft.	$250,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.87% Airbnb Rental Income: $579 Traditional Rental Income: $1429 Airbnb ROI: -0.94% Traditional ROI: 3.87%
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 \| 2 baths \| 1,440 sq.ft.	$299,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 3.17% Airbnb Rental Income: $785 Traditional Rental Income: $1624 Airbnb ROI: -0.95% 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.	$352,000	Airbnb cash on cash: -2.77% Traditional cash on cash: 2.81% Airbnb Rental Income: $228 Traditional Rental Income: $1846 Airbnb ROI: -2.77% Traditional ROI: 2.81%
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: -2.85% Traditional cash on cash: 2.32% Airbnb Rental Income: $228 Traditional Rental Income: $2803 Airbnb ROI: -2.85% Traditional ROI: 2.32%
282 Elmhurst Lakehills, TX 8 lots situated on a corner property. Site features two gate entrance - wide enough to acc...	2 beds \| 1 baths \| 1,000 sq.ft.	$85,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 11.08% Airbnb Rental Income: $579 Traditional Rental Income: $1202 Airbnb ROI: 0.18% Traditional ROI: 11.08%
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: -2.14% Traditional cash on cash: 7.52% Airbnb Rental Income: $228 Traditional Rental Income: $1746 Airbnb ROI: -2.14% Traditional ROI: 7.52%
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 \| 1 baths \| 840 sq.ft.	$325,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.64% Airbnb Rental Income: $785 Traditional Rental Income: $1214 Airbnb ROI: -0.81% 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 \| 3 baths \| 1,916 sq.ft.	$379,900	Airbnb cash on cash: -2.4% Traditional cash on cash: 2.79% Airbnb Rental Income: $228 Traditional Rental Income: $1851 Airbnb ROI: -2.4% Traditional ROI: 2.79%
164 E 18th Lakehills, TX Escape the noise & stress of city life & embrace the peace of the Texas Hill Country. Nest...	3 beds \| 2 baths \| 1,368 sq.ft.	$214,995	Airbnb cash on cash: -2.07% Traditional cash on cash: 5.39% Airbnb Rental Income: $228 Traditional Rental Income: $1521 Airbnb ROI: -2.07% Traditional ROI: 5.39%
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: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $2209 Airbnb ROI: N/A 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: -1.81% Traditional cash on cash: 0.88% Airbnb Rental Income: $579 Traditional Rental Income: $850 Airbnb ROI: -1.81% Traditional ROI: 0.88%
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: -2.48% Traditional cash on cash: -0.54% Airbnb Rental Income: $579 Traditional Rental Income: $1561 Airbnb ROI: -2.48% 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: -0.48% Traditional cash on cash: -0.28% Airbnb Rental Income: $785 Traditional Rental Income: $498 Airbnb ROI: -0.48% 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.	$279,900	Airbnb cash on cash: -3.13% Traditional cash on cash: 2.15% Airbnb Rental Income: $228 Traditional Rental Income: $1393 Airbnb ROI: -3.13% Traditional ROI: 2.15%
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: -2.2% Traditional cash on cash: 4.78% Airbnb Rental Income: $365 Traditional Rental Income: $438 Airbnb ROI: -2.2% Traditional ROI: 4.78%
Lot 16-17 Oklahoma Ave Lakehills, TX Lot 16-17 Oklahoma Ave, Lakehills, TX 78063 \| Other	N/A beds \| N/A baths \| N/A	$25,000	Airbnb cash on cash: -1.84% Traditional cash on cash: 9.2% Airbnb Rental Income: $365 Traditional Rental Income: $422 Airbnb ROI: -1.84% Traditional ROI: 9.2%
406 Kruse Loop Lakehills, TX 406 Kruse Loop, Lakehills, TX 78063 \| Other	N/A beds \| N/A baths \| N/A	$68,900	Airbnb cash on cash: -2.39% Traditional cash on cash: 2.21% Airbnb Rental Income: $365 Traditional Rental Income: $430 Airbnb ROI: -2.39% Traditional ROI: 2.21%
242 Thornton Lakehills, TX 242 Thornton, Pipe Creek, TX 78063 \| Other	N/A beds \| N/A baths \| 235 sq.ft.	$79,900	Airbnb cash on cash: -2.45% Traditional cash on cash: -1.21% Airbnb Rental Income: $365 Traditional Rental Income: $213 Airbnb ROI: -2.45% Traditional ROI: -1.21%
1-2 Circle Lakehills, TX 1-2 Circle, Lakehills, TX 78063 \| Other	N/A beds \| N/A baths \| N/A	$33,500	Airbnb cash on cash: -2.03% Traditional cash on cash: 7.05% Airbnb Rental Income: $365 Traditional Rental Income: $439 Airbnb ROI: -2.03% Traditional ROI: 7.05%

Real Estate investment in Lakehills, TX

There are 135 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 $152. In July 2026, the average monthly cash on cash return in Lakehills is 3.00%. The average monthly rental income in Lakehills is $859.

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

There are 135 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 $859.

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: -2.91%

Traditional cash on cash: -1.31%

Airbnb Rental Income: $365

Traditional Rental Income: $516

Airbnb ROI: -2.91%

Traditional ROI: -1.31%

000 Winans Ranch Rd

Lakehills, TX

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

$299,000

Airbnb cash on cash: -2.93%

Traditional cash on cash: -1.5%

Airbnb Rental Income: $365

Traditional Rental Income: $517

Airbnb ROI: -2.93%

Traditional ROI: -1.5%

403 Kruse Loop

Lakehills, TX

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

$248,000

Airbnb cash on cash: -2.17%

Traditional cash on cash: 5%

Airbnb Rental Income: $228

Traditional Rental Income: $1682

Airbnb ROI: -2.17%

Traditional ROI: 5%

171 SUNSET DRIVE

Lakehills, TX

1 beds | 1 baths | 560 sq.ft.

$149,980

Airbnb cash on cash: 0.1%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $785

Traditional Rental Income: $859

Airbnb ROI: 0.1%

Traditional ROI: 2.84%

12064 Park Road 37

Lakehills, TX

2 beds | 1 baths | 511 sq.ft.

$139,900

Airbnb cash on cash: 0.12%

Traditional cash on cash: 4.79%

Airbnb Rental Income: $579

Traditional Rental Income: $920

Airbnb ROI: 0.12%

Traditional ROI: 4.79%

920 Pebble Bch Dr NW

Lakehills, TX

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

$499,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $1045

Traditional Rental Income: $1791

Airbnb ROI: -0.86%

Traditional ROI: 1.51%

806 BLUE BILL COVE DR

Lakehills, TX

2 beds | 3 baths | 2,528 sq.ft.

$399,500

Airbnb cash on cash: -2.25%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $579

Traditional Rental Income: $2477

Airbnb ROI: -2.25%

Traditional ROI: 3.58%

914 Pebble Beach Dr NW

Lakehills, TX

2 beds | 2 baths | 1,052 sq.ft.

$350,000

Airbnb cash on cash: -1.61%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $579

Traditional Rental Income: $1303

Airbnb ROI: -1.61%