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
207 W 5th Street Lampasas, TX Welcome to this charming home in the heart of town! Featuring hardwood floors with rich na...	2 beds \| 1 baths \| 1,264 sq.ft.	$190,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 4.4% Airbnb Rental Income: $881 Traditional Rental Income: $1382 Airbnb ROI: -0.24% Traditional ROI: 4.4%
21 Samac Lane Lampasas, TX Charming Garden Home in Serene Lampasas, Texas! Discover this delightful 2-bedroom, 2-bath...	2 beds \| 2 baths \| 1,594 sq.ft.	$324,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 2.63% Airbnb Rental Income: $881 Traditional Rental Income: $1807 Airbnb ROI: -1.5% Traditional ROI: 2.63%
26 Castleberry Street Lampasas, TX This home is located in a highly sought-after, kid-friendly neighborhood on the west side ...	4 beds \| 2 baths \| 1,524 sq.ft.	$235,000	Airbnb cash on cash: 8.9% Traditional cash on cash: 4.48% Airbnb Rental Income: $3452 Traditional Rental Income: $1705 Airbnb ROI: 8.9% Traditional ROI: 4.48%
1407 W Avenue C Lampasas, TX Charming 4-Bedroom Brick Home in Quiet Neighborhood â Minutes from Downtown Lampasas! ...	4 beds \| 2 baths \| 1,055 sq.ft.	$275,000	Airbnb cash on cash: 7.31% Traditional cash on cash: 2.71% Airbnb Rental Income: $3452 Traditional Rental Income: $1495 Airbnb ROI: 7.31% Traditional ROI: 2.71%
312 Sunrise Hills Lampasas, TX Gorgeous custom-built-in 2021 located in beautiful Sunrise Hills, the home features spacio...	4 beds \| 4 baths \| 2,568 sq.ft.	$599,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 2.17% Airbnb Rental Income: $3452 Traditional Rental Income: $2704 Airbnb ROI: 2.14% Traditional ROI: 2.17%
6101 County Road 208 Lampasas, TX This stunning property located at 6101 County Road 208 in Lampasas, TX was built in 2005 a...	5 beds \| 3 baths \| 4,203 sq.ft.	$11,750,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.84% Airbnb Rental Income: $null Traditional Rental Income: $2884 Airbnb ROI: N/A Traditional ROI: -0.84%
1209 E Avenue F Lampasas, TX This quaint 1-story Ranch home is located on a corner lot with a side-entry garage in a fr...	3 beds \| 2 baths \| 1,294 sq.ft.	$250,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.73% Airbnb Rental Income: $1137 Traditional Rental Income: $1555 Airbnb ROI: 0.36% Traditional ROI: 3.73%
208 W 5th Street Lampasas, TX REDUCED : 208 W 5th Street : Show stopper in the heart of downtown Lampasas and at the cor...	4 beds \| 3 baths \| 2,368 sq.ft.	$394,999	Airbnb cash on cash: 3.85% Traditional cash on cash: 3.43% Airbnb Rental Income: $3452 Traditional Rental Income: $2533 Airbnb ROI: 3.85% Traditional ROI: 3.43%
1298 County Road 2337 Lampasas, TX NEW PRICE REDUCTION! Sellers are negotiable!! Bring ALL offers!! Peace and Serenity! Bea...	4 beds \| 3 baths \| 2,300 sq.ft.	$599,999	Airbnb cash on cash: 2.2% Traditional cash on cash: 1.63% Airbnb Rental Income: $3452 Traditional Rental Income: $2367 Airbnb ROI: 2.2% Traditional ROI: 1.63%
1903 Yellowstone Drive Lampasas, TX Nestled in the highly sought-after Diamond Ridge subdivision, this well-maintained 3-bedro...	3 beds \| 2 baths \| 1,744 sq.ft.	$347,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 2.81% Airbnb Rental Income: $1137 Traditional Rental Income: $1938 Airbnb ROI: -0.81% Traditional ROI: 2.81%
2301 Deer Trail Lampasas, TX Spacious 4-Bedroom Home on 1.36 Acres with Workshop! Discover comfort, functionality, and...	4 beds \| 2 baths \| 1,993 sq.ft.	$499,000	Airbnb cash on cash: 3.26% Traditional cash on cash: 1.85% Airbnb Rental Income: $3452 Traditional Rental Income: $2026 Airbnb ROI: 3.26% Traditional ROI: 1.85%
1313 Sandstone Cove Lampasas, TX *$7500.00 TOWARD BUYER'S CLOSING COSTS OFFERED!* Welcome to this inviting home featuri...	3 beds \| 2 baths \| 1,727 sq.ft.	$348,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 3.03% Airbnb Rental Income: $1137 Traditional Rental Income: $2000 Airbnb ROI: -0.77% Traditional ROI: 3.03%
1071 Fieldstone Drive Lampasas, TX Built just three years ago in Lampasasâs desirable Stone Valley subdivision, this home b...	3 beds \| 2 baths \| 1,571 sq.ft.	$337,262	Airbnb cash on cash: -0.54% Traditional cash on cash: 3.17% Airbnb Rental Income: $1137 Traditional Rental Income: $1935 Airbnb ROI: -0.54% Traditional ROI: 3.17%
1947 N Highway 183 Lampasas, TX Stunning 2021 Custom Home on 4.85 Acres! This beautifully designed 4-bedroom, 3-bath home ...	4 beds \| 3 baths \| 2,305 sq.ft.	$549,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 1.8% Airbnb Rental Income: $3452 Traditional Rental Income: $2322 Airbnb ROI: 2.52% Traditional ROI: 1.8%
167 Sable Pass Lampasas, TX MOTIVATED SELLER! Looking at all offers. Blackbuck has 5-20 acre lots, so there is plenty ...	4 beds \| 4 baths \| 2,388 sq.ft.	$789,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 2.06% Airbnb Rental Income: $3452 Traditional Rental Income: $2344 Airbnb ROI: 2.53% Traditional ROI: 2.06%
358 W County Road 3069 Lampasas, TX Once in a lifetime opportunity!! This 3.64 acres gated property has endless potential for ...	3 beds \| 2 baths \| 2,046 sq.ft.	$599,900	Airbnb cash on cash: -0.8% Traditional cash on cash: 2.04% Airbnb Rental Income: $1137 Traditional Rental Income: $2352 Airbnb ROI: -0.8% Traditional ROI: 2.04%
1325 County Road 106 Lampasas, TX Tucked away on four sprawling acres of lush Texas countryside and located just a few miles...	5 beds \| 4 baths \| 3,767 sq.ft.	$799,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $3487 Airbnb ROI: N/A Traditional ROI: 2.5%
1305 W 1st Street Lampasas, TX Welcome to your dream home! This 2,048 sqft gem has been fully remodeled down to the studs...	4 beds \| 3 baths \| 2,048 sq.ft.	$439,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 3.34% Airbnb Rental Income: $3452 Traditional Rental Income: $2279 Airbnb ROI: 4.34% Traditional ROI: 3.34%
407 Gamel Street Lampasas, TX Discover a meticulously crafted new construction home nestled in a tranquil neighborhood j...	3 beds \| 2 baths \| 1,648 sq.ft.	$297,824	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.14% Airbnb Rental Income: $1137 Traditional Rental Income: $1826 Airbnb ROI: 1.33% Traditional ROI: 5.14%
1202 S Willis Street Lampasas, TX Welcome to 1202 S Willis Street Experience the perfect blend of modern comfort and ti...	4 beds \| 2 baths \| 1,729 sq.ft.	$357,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 2.87% Airbnb Rental Income: $3452 Traditional Rental Income: $1916 Airbnb ROI: 5.17% Traditional ROI: 2.87%
801 1/2 E Avenue C Lampasas, TX This fully renovated four-bedroom, three-bathroom home combines impeccable design with fun...	4 beds \| 3 baths \| 2,190 sq.ft.	$375,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 3.58% Airbnb Rental Income: $3452 Traditional Rental Income: $2178 Airbnb ROI: 5.02% Traditional ROI: 3.58%
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.	$449,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 3.23% Airbnb Rental Income: $3452 Traditional Rental Income: $2653 Airbnb ROI: 3.32% Traditional ROI: 3.23%
408 E North Avenue Lampasas, TX Welcome to 408 E North Avenue â a beautifully remodeled home that blends classic charm, ...	2 beds \| 1 baths \| 1,140 sq.ft.	$149,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.78% Airbnb Rental Income: $881 Traditional Rental Income: $1141 Airbnb ROI: 0.62% Traditional ROI: 4.78%
14852 N US HWY 281 Lampasas, TX This Barndominium is located just south of Adamsville in Lampasas County. Nestled in the ...	3 beds \| 3 baths \| 2,001 sq.ft.	$540,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 2.36% Airbnb Rental Income: $1137 Traditional Rental Income: $2131 Airbnb ROI: -0.36% Traditional ROI: 2.36%
1704 E Avenue G Lampasas, TX Discover modern living in this brand new construction home featuring 1,514 square feet of ...	3 beds \| 2 baths \| 1,514 sq.ft.	$287,772	Airbnb cash on cash: 1.28% Traditional cash on cash: 4.85% Airbnb Rental Income: $1137 Traditional Rental Income: $1726 Airbnb ROI: 1.28% Traditional ROI: 4.85%
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.	$287,772	Airbnb cash on cash: -0.32% Traditional cash on cash: 3.25% Airbnb Rental Income: $1137 Traditional Rental Income: $1726 Airbnb ROI: -0.32% Traditional ROI: 3.25%
560 Heartleaf Drive Lampasas, TX Please text listing agent for gate access Escape to your own private retreat nestled in ...	2 beds \| 2 baths \| 320 sq.ft.	$550,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 1.01% Airbnb Rental Income: $881 Traditional Rental Income: $1377 Airbnb ROI: -0.61% Traditional ROI: 1.01%
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.	$399,900	Airbnb cash on cash: 3.68% Traditional cash on cash: 2.63% Airbnb Rental Income: $3452 Traditional Rental Income: $2294 Airbnb ROI: 3.68% Traditional ROI: 2.63%
202 S Willis Street Lampasas, TX This charming 3BR/2BA home would be a great starter home for families or the perfect size...	3 beds \| 2 baths \| 1,322 sq.ft.	$215,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.27% Airbnb Rental Income: $1137 Traditional Rental Income: $1505 Airbnb ROI: 0.62% Traditional ROI: 4.27%
1712 E Avenue G Lampasas, TX Experience modern living in this newly constructed 1,514 sq ft home featuring 3 bedrooms a...	3 beds \| 2 baths \| 1,514 sq.ft.	$287,772	Airbnb cash on cash: 1.01% Traditional cash on cash: 4.58% Airbnb Rental Income: $1137 Traditional Rental Income: $1726 Airbnb ROI: 1.01% Traditional ROI: 4.58%
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.	$287,772	Airbnb cash on cash: 0.86% Traditional cash on cash: 4.43% Airbnb Rental Income: $1137 Traditional Rental Income: $1726 Airbnb ROI: 0.86% Traditional ROI: 4.43%
704 Blackbuck Ridge Dr. Lampasas, TX Immaculate metal home on 5 acres now available! Enjoy the quiet country life in this dark ...	3 beds \| 2 baths \| 2,160 sq.ft.	$698,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.24% Airbnb Rental Income: $1137 Traditional Rental Income: $2084 Airbnb ROI: -0.8% Traditional ROI: 1.24%
16 Samac Lane Lampasas, TX This 2-bedroom, 2-bathroom garden home offers 1,428 square feet of well-designed living sp...	2 beds \| 2 baths \| 1,428 sq.ft.	$295,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 3.16% Airbnb Rental Income: $881 Traditional Rental Income: $1709 Airbnb ROI: -1.03% Traditional ROI: 3.16%
204 County Road 4018 Lampasas, TX Welcome to 204 Co Rd 4018 in Lampasas, Texas, a beautifully converted garage home that per...	3 beds \| 3 baths \| 2,777 sq.ft.	$582,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 2.08% Airbnb Rental Income: $1137 Traditional Rental Income: $2377 Airbnb ROI: -0.9% Traditional ROI: 2.08%
301 Sable Pass Lampasas, TX This 2020 sq. ft. 3-bedroom 2-bath home is a dream for anyone who loves to get away from t...	3 beds \| 2 baths \| 2,020 sq.ft.	$795,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 0.9% Airbnb Rental Income: $1137 Traditional Rental Income: $2056 Airbnb ROI: -0.85% Traditional ROI: 0.9%
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.	$449,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 3.29% Airbnb Rental Income: $3452 Traditional Rental Income: $2653 Airbnb ROI: 3.38% Traditional ROI: 3.29%
503 E Avenue G Lampasas, TX Great home with an Investment Opportunity. Second living space would be great for an Airb...	5 beds \| 3 baths \| 2,508 sq.ft.	$282,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.38% Airbnb Rental Income: $null Traditional Rental Income: $2304 Airbnb ROI: N/A Traditional ROI: 6.38%
708 W North Avenue Lampasas, TX Beautiful home on a tree covered lot on the west side of Lampasas. This traditional ranch...	2 beds \| 2 baths \| 1,972 sq.ft.	$339,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.09% Airbnb Rental Income: $881 Traditional Rental Income: $1818 Airbnb ROI: -0.9% Traditional ROI: 3.09%
2212 Teton Avenue Lampasas, TX This charming two-story residence in a cul-de-sac boasts 3 spacious bedrooms and 2.5 baths...	3 beds \| 3 baths \| 1,977 sq.ft.	$300,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 3.8% Airbnb Rental Income: $1137 Traditional Rental Income: $2065 Airbnb ROI: -0.83% Traditional ROI: 3.8%
101 Hillside Lane Lampasas, TX Welcome home to this 2025 build, located in the sought-after community of Hillside Acres. ...	3 beds \| 2 baths \| 2,021 sq.ft.	$442,500	Airbnb cash on cash: -1.18% Traditional cash on cash: 2.03% Airbnb Rental Income: $1137 Traditional Rental Income: $2091 Airbnb ROI: -1.18% Traditional ROI: 2.03%

Real Estate investment in Lampasas, TX

There are 92 properties for sale in the city of Lampasas . The median list price in Lampasas is $369,000 and the average price per square foot is $188. In September 2025, the average monthly cash on cash return in Lampasas is 3.00%. The average monthly rental income in Lampasas is $1,982.

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

There are 92 investment properties available for sale in Lampasas.

In 2025, the best neighborhood to buy investment property is Lampasas.

The ROI for Long-Term is higher than the Short-Term in Lampasas with average rental income of $1,982.

Your search for investment property begins and ends here

Investment Property for Sale in Lampasas, TX

207 W 5th Street

Lampasas, TX

2 beds | 1 baths | 1,264 sq.ft.

$190,000

Airbnb cash on cash: -0.24%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $881

Traditional Rental Income: $1382

Airbnb ROI: -0.24%

Traditional ROI: 4.4%

21 Samac Lane

Lampasas, TX

2 beds | 2 baths | 1,594 sq.ft.

$324,900

Airbnb cash on cash: -1.5%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $881

Traditional Rental Income: $1807

Airbnb ROI: -1.5%

Traditional ROI: 2.63%

26 Castleberry Street

Lampasas, TX

4 beds | 2 baths | 1,524 sq.ft.

$235,000

Airbnb cash on cash: 8.9%

Traditional cash on cash: 4.48%

Airbnb Rental Income: $3452

Traditional Rental Income: $1705

Airbnb ROI: 8.9%

Traditional ROI: 4.48%

1407 W Avenue C

Lampasas, TX

4 beds | 2 baths | 1,055 sq.ft.

$275,000

Airbnb cash on cash: 7.31%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $3452

Traditional Rental Income: $1495

Airbnb ROI: 7.31%

Traditional ROI: 2.71%

312 Sunrise Hills

Lampasas, TX

4 beds | 4 baths | 2,568 sq.ft.

$599,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $3452

Traditional Rental Income: $2704

Airbnb ROI: 2.14%

Traditional ROI: 2.17%

6101 County Road 208

Lampasas, TX

5 beds | 3 baths | 4,203 sq.ft.

$11,750,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.84%

Airbnb Rental Income: $null

Traditional Rental Income: $2884

Airbnb ROI: N/A

Traditional ROI: -0.84%

1209 E Avenue F

Lampasas, TX

3 beds | 2 baths | 1,294 sq.ft.

$250,000

Airbnb cash on cash: 0.36%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1137

Traditional Rental Income: $1555

Airbnb ROI: 0.36%

Traditional ROI: 3.73%

208 W 5th Street

Lampasas, TX

4 beds | 3 baths | 2,368 sq.ft.

$394,999

Airbnb cash on cash: 3.85%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $3452

Traditional Rental Income: $2533

Airbnb ROI: 3.85%