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%
8827 E Highway 190 Lampasas, TX Escape the hustle and discover the charm of country living in this inviting 4-bedroom, 2-b...	4 beds \| 2 baths \| 1,632 sq.ft.	$320,000	Airbnb cash on cash: 5.96% Traditional cash on cash: 3.34% Airbnb Rental Income: $3452 Traditional Rental Income: $1900 Airbnb ROI: 5.96% Traditional ROI: 3.34%
1124 Limestone Drive Lampasas, TX Nestled in the quiet and desirable Stone Valley neighborhood of Lampasas, this immaculate ...	3 beds \| 2 baths \| 1,560 sq.ft.	$300,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 3.06% Airbnb Rental Income: $962 Traditional Rental Income: $1739 Airbnb ROI: -0.93% Traditional ROI: 3.06%
302 N Arnold Street Lampasas, TX Charming Rock Home on Corner Lot in Quiet Neighborhood. 2BR, 1.5BA desirable rock home in ...	2 beds \| 2 baths \| 842 sq.ft.	$165,000	Airbnb cash on cash: -1.28% Traditional cash on cash: 6.07% Airbnb Rental Income: $588 Traditional Rental Income: $1458 Airbnb ROI: -1.28% Traditional ROI: 6.07%
21 Snell Drive Lampasas, TX Well-maintained 4-bedroom, 2-bath home in the established Southern Oaks neighborhood offer...	4 beds \| 2 baths \| 1,863 sq.ft.	$270,000	Airbnb cash on cash: 7.68% Traditional cash on cash: 3.78% Airbnb Rental Income: $3452 Traditional Rental Income: $1693 Airbnb ROI: 7.68% Traditional ROI: 3.78%
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.	$425,000	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.	$549,995	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.	$166,000	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%
70 Sue Ann Drive Lampasas, TX Looking for a 3-bedroom home with space, style, and a versitile flex space? This one check...	3 beds \| 2 baths \| 1,808 sq.ft.	$315,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.41% Airbnb Rental Income: $962 Traditional Rental Income: $1771 Airbnb ROI: -0.5% Traditional ROI: 3.41%
1909 Diamond Ridge Drive Lampasas, TX Welcome to 1909 Diamond Ridge - a beautifully maintained 4 bedroom, 2 bath home located in...	4 beds \| 2 baths \| 1,886 sq.ft.	$369,900	Airbnb cash on cash: 4.65% Traditional cash on cash: 2.84% Airbnb Rental Income: $3452 Traditional Rental Income: $2059 Airbnb ROI: 4.65% Traditional ROI: 2.84%
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.	$795,000	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%
1305 W 1st Street Lampasas, TX This modern Lampasas retreat has been completely reimagined-taken down to the studs and re...	4 beds \| 3 baths \| 2,048 sq.ft.	$375,000	Airbnb cash on cash: 5.05% Traditional cash on cash: 3.88% Airbnb Rental Income: $3452 Traditional Rental Income: $2279 Airbnb ROI: 5.05% Traditional ROI: 3.88%
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.	$349,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 3.91% Airbnb Rental Income: $3452 Traditional Rental Income: $2178 Airbnb ROI: 5.47% Traditional ROI: 3.91%
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%
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.	$273,772	Airbnb cash on cash: 0.83% Traditional cash on cash: 5.14% Airbnb Rental Income: $962 Traditional Rental Income: $1726 Airbnb ROI: 0.83% Traditional ROI: 5.14%
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.	$273,772	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%
20 Sheppard Lane Lampasas, TX Seeking a spacious home with both indoor and outdoor amenities? Look no further! This cust...	3 beds \| 3 baths \| 2,710 sq.ft.	$549,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 2.58% Airbnb Rental Income: $962 Traditional Rental Income: $2305 Airbnb ROI: -0.71% Traditional ROI: 2.58%
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.	$273,772	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.	$310,000	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.	$356,368	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%
6757 County Road 3010 Lampasas, TX Welcome to 6757 County Road 3010, a stunning 4-bedroom, 3-bath Hill Country retreat offeri...	4 beds \| 3 baths \| 2,515 sq.ft.	$899,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 1.03% Airbnb Rental Income: $3452 Traditional Rental Income: $2477 Airbnb ROI: 1.28% Traditional ROI: 1.03%
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.	$205,000	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%
1800 Diamond Ridge Drive Lampasas, TX Custom-built and thoughtfully designed, this 4-bedroom, 2.5-bath home offers 2,208 square ...	4 beds \| 3 baths \| 2,208 sq.ft.	$699,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 1.85% Airbnb Rental Income: $3452 Traditional Rental Income: $2223 Airbnb ROI: 2.56% Traditional ROI: 1.85%
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 Discover The Ranches at Blackbuck Ridge-a gated, wildlife-exempt community in beautiful No...	3 beds \| 2 baths \| 1,498 sq.ft.	$425,000	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%
1710 East Avenue J Lampasas, TX Newly constructed home in the heart of Lampasas. Enjoy this 3 bedroom, 2 bath home with 12...	3 beds \| 2 baths \| 1,252 sq.ft.	$253,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 5.52% Airbnb Rental Income: $962 Traditional Rental Income: $1783 Airbnb ROI: 0.64% Traditional ROI: 5.52%
190 Private Road 3011 Lampasas, TX Horseshoe Falls, A Historical Lampasas Gem! Also known as Gunderland Park, a sprawling 378...	4 beds \| 2 baths \| N/A	$7,777,000	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.	$399,000	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%

Real Estate investment in Lampasas, TX

There are 83 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 September 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 83 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%

8827 E Highway 190

Lampasas, TX

4 beds | 2 baths | 1,632 sq.ft.

$320,000

Airbnb cash on cash: 5.96%

Traditional cash on cash: 3.34%

Airbnb Rental Income: $3452

Traditional Rental Income: $1900

Airbnb ROI: 5.96%

Traditional ROI: 3.34%

1124 Limestone Drive

Lampasas, TX

3 beds | 2 baths | 1,560 sq.ft.

$300,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $962

Traditional Rental Income: $1739

Airbnb ROI: -0.93%

Traditional ROI: 3.06%

302 N Arnold Street

Lampasas, TX

2 beds | 2 baths | 842 sq.ft.

$165,000

Airbnb cash on cash: -1.28%

Traditional cash on cash: 6.07%

Airbnb Rental Income: $588

Traditional Rental Income: $1458

Airbnb ROI: -1.28%

Traditional ROI: 6.07%

21 Snell Drive

Lampasas, TX

4 beds | 2 baths | 1,863 sq.ft.

$270,000

Airbnb cash on cash: 7.68%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $3452

Traditional Rental Income: $1693

Airbnb ROI: 7.68%

Traditional ROI: 3.78%

243 County Road 4314

Lampasas, TX

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

$425,000

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.

$549,995

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.

$166,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 5.54%

Airbnb Rental Income: $962

Traditional Rental Income: $1464

Airbnb ROI: 0.16%