Real Estate Investment Properties for Sale in Lampasas, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1007 W Avenue A Lampasas, TX Welcome home to this charming 4-bedroom, 2-bath home nestled on the desirable west side of...	4 beds \| 2 baths \| 1,768 sq.ft.	$294,000	Airbnb cash on cash: 6.88% Traditional cash on cash: 3.22% Airbnb Rental Income: $3452 Traditional Rental Income: $1673 Airbnb ROI: 6.88% Traditional ROI: 3.22%
243 County Road 4314 Lampasas, TX Country living close to town is what you will find with this home at 243 CR 4314 in Lampas...	4 beds \| 2 baths \| 2,650 sq.ft.	$385,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 3.2% Airbnb Rental Income: $3452 Traditional Rental Income: $2347 Airbnb ROI: 4.06% Traditional ROI: 3.2%
1298 County Road 2337 Lampasas, TX Peace and Serenity! Beautiful home sitting on over 11 acres with Unbelievable Hill Country...	4 beds \| 3 baths \| 2,300 sq.ft.	$499,999	Airbnb cash on cash: 2.49% Traditional cash on cash: 1.86% Airbnb Rental Income: $3452 Traditional Rental Income: $2367 Airbnb ROI: 2.49% Traditional ROI: 1.86%
308 N Ridge Street Lampasas, TX Corner lot! Three sides beautiful authentic stone exterior and roof replaced in 2022. Dish...	3 beds \| 1 baths \| 921 sq.ft.	$159,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 5.54% Airbnb Rental Income: $962 Traditional Rental Income: $1464 Airbnb ROI: 0.16% Traditional ROI: 5.54%
167 Sable Pass Lampasas, TX Blackbuck has 5-20 acre lots, so there is plenty of space and privacy between you and your...	4 beds \| 4 baths \| 2,388 sq.ft.	$695,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 2.04% Airbnb Rental Income: $3452 Traditional Rental Income: $2344 Airbnb ROI: 2.5% Traditional ROI: 2.04%
1003 N Ridge Street Lampasas, TX MUST SEE!!! 2 Homes on 3.5 acres close to town. This property greets you with an asphalt c...	4 beds \| 3 baths \| 2,559 sq.ft.	$429,900	Airbnb cash on cash: 3.51% Traditional cash on cash: 3.43% Airbnb Rental Income: $3452 Traditional Rental Income: $2653 Airbnb ROI: 3.51% Traditional ROI: 3.43%
1708 E Ave G Lampasas, TX Discover modern living in this brand-new construction home, offering 1,514 square feet of ...	3 beds \| 2 baths \| 1,514 sq.ft.	$269,812	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.55% Airbnb Rental Income: $962 Traditional Rental Income: $1726 Airbnb ROI: -0.76% Traditional ROI: 3.55%
828 Elijah Ln Lampasas, TX This stunning newly built home boasts 2,090 sq ft of modern living space, featuring 4 bedr...	4 beds \| 3 baths \| 2,090 sq.ft.	$380,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 2.81% Airbnb Rental Income: $3452 Traditional Rental Income: $2294 Airbnb ROI: 3.92% Traditional ROI: 2.81%
1714 E Avenue G Lampasas, TX Discover modern living on a spacious corner lot in this brand-new 1,514 sq ft home featuri...	3 beds \| 2 baths \| 1,514 sq.ft.	$269,812	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.7% Airbnb Rental Income: $962 Traditional Rental Income: $1726 Airbnb ROI: 0.39% Traditional ROI: 4.7%
1003 N.Ridge St. Lampasas, TX MUST SEE!!! 2 Homes on 3.5 acres close to town. This property greets you with an asphalt c...	4 beds \| 3 baths \| 2,559 sq.ft.	$429,900	Airbnb cash on cash: 3.66% Traditional cash on cash: 3.57% Airbnb Rental Income: $3452 Traditional Rental Income: $2653 Airbnb ROI: 3.66% Traditional ROI: 3.57%
708 W North Ave Lampasas, TX Located on the desirable west side of Lampasas, this spacious 2-bedroom, 2-bath traditiona...	2 beds \| 2 baths \| 1,972 sq.ft.	$285,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 3.14% Airbnb Rental Income: $588 Traditional Rental Income: $1818 Airbnb ROI: -2.06% Traditional ROI: 3.14%
1023 Fieldstone Drive Lampasas, TX Welcome to your dream home in Lampasas's sought-after Stone Valley subdivision! This exqui...	3 beds \| 2 baths \| 1,660 sq.ft.	$351,920	Airbnb cash on cash: 0.49% Traditional cash on cash: 4.11% Airbnb Rental Income: $962 Traditional Rental Income: $1823 Airbnb ROI: 0.49% Traditional ROI: 4.11%
5450 CR 202 Lampasas, TX Barndominium style home on 22+ UNRESTRICTED acres, less than 15 minutes north of downtown ...	4 beds \| 3 baths \| 2,275 sq.ft.	$1,400,000	Airbnb cash on cash: 0.05% Traditional cash on cash: 0.55% Airbnb Rental Income: $2232 Traditional Rental Income: $2336 Airbnb ROI: 0.05% Traditional ROI: 0.55%
306 S Arnold Street Lampasas, TX Enjoy the sophistication of this two-story townhouse, located in an established neighborho...	2 beds \| 2 baths \| 1,385 sq.ft.	$195,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 5.11% Airbnb Rental Income: $588 Traditional Rental Income: $1511 Airbnb ROI: -1.11% Traditional ROI: 5.11%
312 Sunrise Hls Lampasas, TX Welcome to this beautifully crafted custom home in the highly sought-after Sunrise Hills s...	4 beds \| 4 baths \| 2,568 sq.ft.	$559,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 2.77% Airbnb Rental Income: $3452 Traditional Rental Income: $2687 Airbnb ROI: 2.77% Traditional ROI: 2.77%
607 S Main St Lampasas, TX Welcome to 607 S Main Street in Lampasas, Texas! This charming 1935 traditional home offer...	3 beds \| 3 baths \| 2,100 sq.ft.	$244,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 7.23% Airbnb Rental Income: $962 Traditional Rental Income: $2262 Airbnb ROI: 0.07% Traditional ROI: 7.23%
639 Blackbuck Ridge Drive Lampasas, TX Tucked inside the gated, wildlife-exempt Ranches at Blackbuck Ridge, this North Burnet Cou...	3 beds \| 2 baths \| 1,498 sq.ft.	$399,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.39% Airbnb Rental Income: $962 Traditional Rental Income: $1887 Airbnb ROI: -0.81% Traditional ROI: 2.39%
190 Private Road 3011 Lampasas, TX Horseshoe Falls, A Historical Lampasas Gem! Also known as Gunderland Park, a sprawling 378...	4 beds \| 2 baths \| 2,500 sq.ft.	$6,100,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.97% Airbnb Rental Income: $3452 Traditional Rental Income: $2399 Airbnb ROI: -0.93% Traditional ROI: -0.97%
1218 Stone Valley Drive Lampasas, TX Welcome to this brand-new two-story home in the desirable Stone Valley Subdivision of west...	4 beds \| 3 baths \| 1,872 sq.ft.	$397,076	Airbnb cash on cash: 4.85% Traditional cash on cash: 3.27% Airbnb Rental Income: $3452 Traditional Rental Income: $2098 Airbnb ROI: 4.85% Traditional ROI: 3.27%
539 County Road 2001 Lampasas, TX Located just a few minutes from the heart of Lampasas, this 19.95-acre property offers stu...	2 beds \| 2 baths \| 1,624 sq.ft.	$560,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 1.89% Airbnb Rental Income: $588 Traditional Rental Income: $1970 Airbnb ROI: -1.3% Traditional ROI: 1.89%
639 County Road 3081 Lampasas, TX Discover this inviting home nestled on 1.27 spacious acres, offering the perfect blend of ...	4 beds \| 2 baths \| 2,024 sq.ft.	$355,000	Airbnb cash on cash: 5.67% Traditional cash on cash: 4.31% Airbnb Rental Income: $3452 Traditional Rental Income: $2236 Airbnb ROI: 5.67% Traditional ROI: 4.31%
201 E 6th Street Lampasas, TX This exceptional property, situated on a high-exposure corner lot, offers a rare combinati...	3 beds \| 1 baths \| 1,521 sq.ft.	$275,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 2.9% Airbnb Rental Income: $962 Traditional Rental Income: $1488 Airbnb ROI: -0.47% Traditional ROI: 2.9%
2804 County Road 1045 Lampasas, TX Welcome home to your own piece of Texas Hill Country. This beautiful custom-built home sit...	5 beds \| 3 baths \| 3,308 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.83% Airbnb Rental Income: $null Traditional Rental Income: $2683 Airbnb ROI: N/A Traditional ROI: 1.83%
613 Central Texas Expressway #A, B & C Lampasas, TX Take a look at this well-constructed triplex rental property with three units in total. Tw...	10 beds \| 5 baths \| N/A	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $4476 Airbnb ROI: N/A Traditional ROI: 6.87%
307/309 W 2nd Street Lampasas, TX Located in a peaceful neighborhood just over an hour north of Austin, this turn-key duplex...	4 beds \| N/A baths \| 1,760 sq.ft.	$229,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.71% Airbnb Rental Income: $null Traditional Rental Income: $1683 Airbnb ROI: N/A Traditional ROI: 3.71%
1610 Badger Lane Lampasas, TX Immaculate 2022 Build in a Pristine Neighborhood! This stunning 3-bedroom, 2-bath home off...	3 beds \| 2 baths \| 1,740 sq.ft.	$378,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.49% Airbnb Rental Income: $962 Traditional Rental Income: $1934 Airbnb ROI: -1.13% Traditional ROI: 2.49%
6101 CR 208 Lampasas, TX Discover this breathtaking 367-acre exotic game ranch ideally located just 6 miles west of...	4 beds \| 3 baths \| 4,203 sq.ft.	$9,400,000	Airbnb cash on cash: -0.82% Traditional cash on cash: -0.82% Airbnb Rental Income: $3452 Traditional Rental Income: $2662 Airbnb ROI: -0.82% Traditional ROI: -0.82%
2804 CR 1045 Lampasas, TX Welcome home to your own piece of Texas Hill Country. This beautiful custom-built home sit...	5 beds \| 3 baths \| 3,308 sq.ft.	$625,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.18% Airbnb Rental Income: $null Traditional Rental Income: $2623 Airbnb ROI: N/A Traditional ROI: 2.18%
107 W 5th Street Lampasas, TX Step into a space full of character and charm. This property offers a unique opportunity w...	3 beds \| 2 baths \| 1,980 sq.ft.	$210,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 7.07% Airbnb Rental Income: $962 Traditional Rental Income: $2003 Airbnb ROI: 0.09% Traditional ROI: 7.07%
104 Donnie Lampasas, TX The Ultimate Texas Homestead: 2023 Modern Farmhouse on 5 Gated Acres! and backed by 100 ac...	4 beds \| 3 baths \| 1,913 sq.ft.	$549,999	Airbnb cash on cash: 2.95% Traditional cash on cash: 2.16% Airbnb Rental Income: $3452 Traditional Rental Income: $2283 Airbnb ROI: 2.95% Traditional ROI: 2.16%
502 W Avenue A Lampasas, TX Check out this 1950's ranch with an addition in the 1970's. Double lot with large oak tree...	3 beds \| 2 baths \| 2,341 sq.ft.	$325,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 3.45% Airbnb Rental Income: $962 Traditional Rental Income: $2047 Airbnb ROI: -0.91% Traditional ROI: 3.45%
224 Blackbuck Ridge Drive Lampasas, TX GREAT NEW PRICE~Texas Barndominium plus Wildlife Exemption plus lower tax rate = RARE FIND...	3 beds \| 3 baths \| 2,532 sq.ft.	$749,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 1.43% Airbnb Rental Income: $962 Traditional Rental Income: $2373 Airbnb ROI: -0.93% Traditional ROI: 1.43%
1707 E Fourth St Lampasas, TX Investors Compound! Who will seize the opportunity to grab these 6 Rentals on 1.40 acres i...	3 beds \| 2 baths \| 6,796 sq.ft.	$1,449,000	Airbnb cash on cash: -1.06% Traditional cash on cash: -0.22% Airbnb Rental Income: $962 Traditional Rental Income: $1751 Airbnb ROI: -1.06% Traditional ROI: -0.22%
908 E Avenue B Lampasas, TX This gorgeous, clean home is move-in ready! Walk-in shower, stained concrete flooring, 1 c...	3 beds \| 2 baths \| 1,394 sq.ft.	$239,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 3.75% Airbnb Rental Income: $962 Traditional Rental Income: $1646 Airbnb ROI: -0.82% Traditional ROI: 3.75%
8 Saul Drive Lampasas, TX Nestled on the outskirts of Lampasas, this charming ranch-style home at 8 Saul Dr offers t...	3 beds \| 3 baths \| 1,701 sq.ft.	$375,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 1.75% Airbnb Rental Income: $962 Traditional Rental Income: $1787 Airbnb ROI: -1.39% Traditional ROI: 1.75%
963 Fm 580 Lampasas, TX Situated on 2.16 acres just east of the Lampasas city limits, this updated 1,744 SF home o...	3 beds \| 2 baths \| 1,744 sq.ft.	$520,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 1.55% Airbnb Rental Income: $962 Traditional Rental Income: $1720 Airbnb ROI: -0.64% Traditional ROI: 1.55%
1313 Sandstone Lampasas, TX Just minutes from town, this 3-bedroom, 2-bath home in the popular Stone Valley Subdivisio...	3 beds \| 2 baths \| 1,558 sq.ft.	$324,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 3.56% Airbnb Rental Income: $962 Traditional Rental Income: $2043 Airbnb ROI: -1.06% Traditional ROI: 3.56%
1110 County Road 1045 Lampasas, TX Nestled on 1.53 beautiful acres just outside the city limits, this charming 3-bedroom, 2-b...	3 beds \| 3 baths \| 1,827 sq.ft.	$407,000	Airbnb cash on cash: -1.01% Traditional cash on cash: 2.44% Airbnb Rental Income: $962 Traditional Rental Income: $1955 Airbnb ROI: -1.01% Traditional ROI: 2.44%
389 County Road 1281 Lampasas, TX Escape to this move-in-ready, 2,176 sq ft Hill Country retreat! Built in 2016, this spacio...	4 beds \| 3 baths \| 2,176 sq.ft.	$425,000	Airbnb cash on cash: 4.46% Traditional cash on cash: 2.91% Airbnb Rental Income: $3452 Traditional Rental Income: $2056 Airbnb ROI: 4.46% Traditional ROI: 2.91%
902 Old Georgetown Road Lampasas, TX Welcome to 902 Georgetown Rd, a charming and well-maintained home. Offering comfort, conve...	3 beds \| 3 baths \| 1,379 sq.ft.	$260,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.24% Airbnb Rental Income: $962 Traditional Rental Income: $1504 Airbnb ROI: -0.2% Traditional ROI: 3.24%

Real Estate investment in Lampasas, TX

There are 70 properties for sale in the city of Lampasas . The median list price in Lampasas is $238,357 and the average price per square foot is $115. In November 2026, the average monthly cash on cash return in Lampasas is 3.00%. The average monthly rental income in Lampasas is $1,945.

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

There are 70 investment properties available for sale in Lampasas.

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

The ROI for Short-Term is higher than the Long-Term in Lampasas with average rental income of $962.

Your search for investment property begins and ends here

Investment Property for Sale in Lampasas, TX

1007 W Avenue A

Lampasas, TX

4 beds | 2 baths | 1,768 sq.ft.

$294,000

Airbnb cash on cash: 6.88%

Traditional cash on cash: 3.22%

Airbnb Rental Income: $3452

Traditional Rental Income: $1673

Airbnb ROI: 6.88%

Traditional ROI: 3.22%

243 County Road 4314

Lampasas, TX

4 beds | 2 baths | 2,650 sq.ft.

$385,000

Airbnb cash on cash: 4.06%

Traditional cash on cash: 3.2%

Airbnb Rental Income: $3452

Traditional Rental Income: $2347

Airbnb ROI: 4.06%

Traditional ROI: 3.2%

1298 County Road 2337

Lampasas, TX

4 beds | 3 baths | 2,300 sq.ft.

$499,999

Airbnb cash on cash: 2.49%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $3452

Traditional Rental Income: $2367

Airbnb ROI: 2.49%

Traditional ROI: 1.86%

308 N Ridge Street

Lampasas, TX

3 beds | 1 baths | 921 sq.ft.

$159,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $962

Traditional Rental Income: $1464

Airbnb ROI: 0.16%

Traditional ROI: 5.54%

167 Sable Pass

Lampasas, TX

4 beds | 4 baths | 2,388 sq.ft.

$695,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 2.04%

Airbnb Rental Income: $3452

Traditional Rental Income: $2344

Airbnb ROI: 2.5%

Traditional ROI: 2.04%

1003 N Ridge Street

Lampasas, TX

4 beds | 3 baths | 2,559 sq.ft.

$429,900

Airbnb cash on cash: 3.51%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $3452

Traditional Rental Income: $2653

Airbnb ROI: 3.51%

Traditional ROI: 3.43%

1708 E Ave G

Lampasas, TX

3 beds | 2 baths | 1,514 sq.ft.

$269,812

Airbnb cash on cash: -0.76%

Traditional cash on cash: 3.55%

Airbnb Rental Income: $962

Traditional Rental Income: $1726

Airbnb ROI: -0.76%

Traditional ROI: 3.55%

828 Elijah Ln

Lampasas, TX

4 beds | 3 baths | 2,090 sq.ft.

$380,000

Airbnb cash on cash: 3.92%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $3452

Traditional Rental Income: $2294

Airbnb ROI: 3.92%