Real Estate Investment Properties for Sale in Llano, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
19811 Ranch Road 152 Llano, TX This is more than real estate - It's your life change! In a world that moves to fast here'...	3 beds \| 4 baths \| 2,716 sq.ft.	$1,599,000	Airbnb cash on cash: -2.37% Traditional cash on cash: -0.54% Airbnb Rental Income: $1086 Traditional Rental Income: $3436 Airbnb ROI: -2.37% Traditional ROI: -0.54%
177 -- Chesterfield Llano, TX Beautiful new 3/2 custom all Electric home by Clay Lane Homes on Lighthouse Golf course. I...	3 beds \| 2 baths \| 1,880 sq.ft.	$545,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 1.62% Airbnb Rental Income: $1086 Traditional Rental Income: $1983 Airbnb ROI: -0.87% Traditional ROI: 1.62%
900 E WALLACE Llano, TX NICE CORNER LOTS IN GOOD AREA. UP-DATED 3/2/ HOME, BONUS /STUDY ROOM. NICE SPACIOUS KITCHE...	3 beds \| N/A baths \| 1,508 sq.ft.	$349,500	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.53% Airbnb Rental Income: $1086 Traditional Rental Income: $1837 Airbnb ROI: -0.88% Traditional ROI: 2.53%
1007 E Wallace Llano, TX Charming Contemporary Home - Move-In Ready! Welcome to this remodeled 3-bedroom, 2-bath ho...	3 beds \| 2 baths \| 1,629 sq.ft.	$239,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 4.19% Airbnb Rental Income: $1086 Traditional Rental Income: $1666 Airbnb ROI: -0.02% Traditional ROI: 4.19%
1408 Ford Street Llano, TX Beautifully restored, historic craftsman style home in a prime location in Llano! The main...	3 beds \| N/A baths \| 1,464 sq.ft.	$350,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.29% Airbnb Rental Income: $1086 Traditional Rental Income: $1759 Airbnb ROI: -0.88% Traditional ROI: 2.29%
609 W Leon Llano, TX Back on the market! Motivated Sellers! Stunning Barndominium on Llano's Northside - 2,368 ...	2 beds \| 2 baths \| 2,368 sq.ft.	$299,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 3.92% Airbnb Rental Income: $795 Traditional Rental Income: $1978 Airbnb ROI: -1.43% Traditional ROI: 3.92%
403 W Main Street Llano, TX Located on Main Street in the heart of Llano, this 3-bedroom, 2-bath home offers 1,390 squ...	3 beds \| 2 baths \| 1,390 sq.ft.	$325,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 3.99% Airbnb Rental Income: $1086 Traditional Rental Income: $2162 Airbnb ROI: -0.74% Traditional ROI: 3.99%
105 -- Elmer Rd Llano, TX 1.2 acres with almost new home (built in 2021) with Llano river access. About 12 minutes f...	2 beds \| 2 baths \| 896 sq.ft.	$525,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 1.68% Airbnb Rental Income: $795 Traditional Rental Income: $1606 Airbnb ROI: -0.63% Traditional ROI: 1.68%
1111 -- Ford St Llano, TX Great Commercial location. Old Shotgun house on 3 lots plenty of room to build a new buil...	1 beds \| 1 baths \| 11,760 sq.ft.	$249,900	Airbnb cash on cash: -1.55% Traditional cash on cash: 2.61% Airbnb Rental Income: $376 Traditional Rental Income: $1107 Airbnb ROI: -1.55% Traditional ROI: 2.61%
1109 Ford Street Llano, TX Unique 1930 home that is in need of a full remodel, large yard, fully open Lot to the Nort...	2 beds \| N/A baths \| 1,342 sq.ft.	$449,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.96% Airbnb Rental Income: $795 Traditional Rental Income: $1930 Airbnb ROI: -0.5% Traditional ROI: 2.96%
175 Elmer Llano, TX Situated on just over an acre on the Llano River you will find this peaceful retreat. The ...	2 beds \| N/A baths \| 800 sq.ft.	$495,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 1.15% Airbnb Rental Income: $795 Traditional Rental Income: $1347 Airbnb ROI: -0.74% Traditional ROI: 1.15%
384 Wild Oak Drive Llano, TX Hill Country acreage with a 2 bedroom/1 bathroom solidly crafted site-built home. The 3.47...	2 beds \| 1 baths \| 802 sq.ft.	$299,900	Airbnb cash on cash: -0.04% Traditional cash on cash: 2.94% Airbnb Rental Income: $795 Traditional Rental Income: $1314 Airbnb ROI: -0.04% Traditional ROI: 2.94%
132 -- Offer Lane Llano, TX Texas Hill Country Homestead on 10 Park-Like Acres! Site-built home, guest cabin, large ga...	3 beds \| 3 baths \| 2,534 sq.ft.	$624,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 2.65% Airbnb Rental Income: $1086 Traditional Rental Income: $2546 Airbnb ROI: -0.49% Traditional ROI: 2.65%
305 W Tarrant Street Llano, TX This lovingly restored 1890s cottage blends vintage charm with modern comforts just steps ...	2 beds \| N/A baths \| 668 sq.ft.	$238,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 2.84% Airbnb Rental Income: $795 Traditional Rental Income: $1356 Airbnb ROI: -1.08% Traditional ROI: 2.84%
806 E Brown Street Llano, TX $3000 in BUYER'S INCENTIVES!!! Brand new build! This adorable home is in the heart of Llan...	3 beds \| 2 baths \| 1,198 sq.ft.	$234,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.42% Airbnb Rental Income: $1086 Traditional Rental Income: $1468 Airbnb ROI: 0.03% Traditional ROI: 3.42%
903 FLAG CREEK DR. Llano, TX GREAT SPACIOUS LIVING HERE. REMODLED TO A PERFECT 4/2 HOME PLUS OFFICE/STORAGE. THIS PLACE...	4 beds \| N/A baths \| 1,596 sq.ft.	$450,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 1% Airbnb Rental Income: $4989 Traditional Rental Income: $1689 Airbnb ROI: 6.42% Traditional ROI: 1%
409 W Wallace Llano, TX Two bedroom, one bath home with a bonus room that could be an extra bedroom. Home is situa...	2 beds \| N/A baths \| 1,441 sq.ft.	$180,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.88% Airbnb Rental Income: $795 Traditional Rental Income: $1296 Airbnb ROI: 0.08% Traditional ROI: 4.88%
211 E Hwy 29 Llano, TX Dreaming of your own slice of the Texas Hill Country on live water? This 1.4-acre riverfro...	2 beds \| 1 baths \| 1,396 sq.ft.	$389,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 2.06% Airbnb Rental Income: $795 Traditional Rental Income: $1349 Airbnb ROI: -0.34% Traditional ROI: 2.06%
5830 N State Hwy 16 Llano, TX A beautiful ranch less than 5 miles north of Llano off of Hwy 16. The ranch has much to of...	2 beds \| 2 baths \| 1,400 sq.ft.	$1,175,000	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.17% Airbnb Rental Income: $795 Traditional Rental Income: $1607 Airbnb ROI: -0.87% Traditional ROI: 0.17%
2283 CR 103 Llano, TX Almost 500 feet of Llano River waterfront! Just 15 minutes west of Llano, next to the clea...	2 beds \| N/A baths \| 768 sq.ft.	$475,000	Airbnb cash on cash: -1.93% Traditional cash on cash: -0.1% Airbnb Rental Income: $795 Traditional Rental Income: $1288 Airbnb ROI: -1.93% Traditional ROI: -0.1%
603 E Ellis Street Llano, TX 2022 build on a huge corner lot! This beautiful custom home features 3 bedrooms & 3 baths ...	3 beds \| N/A baths \| 1,852 sq.ft.	$525,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 2.34% Airbnb Rental Income: $1086 Traditional Rental Income: $2074 Airbnb ROI: -0.42% Traditional ROI: 2.34%
5830 N Hwy 16 Llano, TX A beautiful ranch less than 5 miles north of Llano off of Hwy 16. The ranch has much to of...	2 beds \| 2 baths \| 1,400 sq.ft.	$1,175,000	Airbnb cash on cash: -1.71% Traditional cash on cash: -0.58% Airbnb Rental Income: $795 Traditional Rental Income: $1714 Airbnb ROI: -1.71% Traditional ROI: -0.58%
1205 Ford Street Llano, TX Very cute house built in 1930. Has Heat & AC, carport, nice big backyard & very nice trees...	2 beds \| N/A baths \| 1,264 sq.ft.	$184,500	Airbnb cash on cash: 0.22% Traditional cash on cash: 6.5% Airbnb Rental Income: $795 Traditional Rental Income: $1575 Airbnb ROI: 0.22% Traditional ROI: 6.5%
2433 -- County Rd 102 Llano, TX Charming Hill Country B&B Overlooking the Llano River. Rental or Full-Time Retreat.Tucked ...	2 beds \| 1 baths \| 864 sq.ft.	$977,000	Airbnb cash on cash: -0.78% Traditional cash on cash: -0.04% Airbnb Rental Income: $795 Traditional Rental Income: $1144 Airbnb ROI: -0.78% Traditional ROI: -0.04%
791 Ranch Road 2323 Llano, TX Show stopping!!! Gorgeous Hill Country retreat with endless views on 16 +/- acres! This cu...	5 beds \| N/A baths \| 3,785 sq.ft.	$1,775,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.73% Airbnb Rental Income: $null Traditional Rental Income: $4640 Airbnb ROI: N/A Traditional ROI: 1.73%
2340 E US Highway 71 Llano, TX UNRESTRICTED, MULTI-USE, AG VALUATION RANCH WITH HIGHWAY 71 FRONTAGE! NEW WELL REPORT, 8-9...	3 beds \| N/A baths \| 2,280 sq.ft.	$729,000	Airbnb cash on cash: -1.87% Traditional cash on cash: 0.34% Airbnb Rental Income: $1086 Traditional Rental Income: $2218 Airbnb ROI: -1.87% Traditional ROI: 0.34%
1709 Flag Street Llano, TX Almost an acre of land with a beautifully remodeled home right in town! Land is surveyed i...	3 beds \| N/A baths \| 1,776 sq.ft.	$229,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.26% Airbnb Rental Income: $1086 Traditional Rental Income: $1726 Airbnb ROI: 1.6% Traditional ROI: 6.26%
211 W Riverside Dr Llano, TX YouTube: https://www.youtube.com/watch?app=desktop&v=LvDeFXS9AdA Step into the timeles...	4 beds \| 3 baths \| 3,012 sq.ft.	$1,249,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 0.94% Airbnb Rental Income: $4989 Traditional Rental Income: $2988 Airbnb ROI: 1.79% Traditional ROI: 0.94%
1109 Ashley Avenue Llano, TX Welcome home to small-town America! This beautiful stone house, on well over half-an-acre,...	3 beds \| 2 baths \| 1,900 sq.ft.	$450,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 3.21% Airbnb Rental Income: $1086 Traditional Rental Income: $1915 Airbnb ROI: 0.36% Traditional ROI: 3.21%
604 Flag Creek Drive Llano, TX Tranquil, meticulous home nestled on peaceful Flag Creek! This home features 3 bedrooms & ...	3 beds \| N/A baths \| 1,708 sq.ft.	$499,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 1.68% Airbnb Rental Income: $1086 Traditional Rental Income: $1829 Airbnb ROI: -0.7% Traditional ROI: 1.68%
405 E Granite Llano, TX This beautiful 3-bedroom, 2-bath home with a 2-car garage is a rare find-ideally located n...	3 beds \| N/A baths \| 1,920 sq.ft.	$450,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 2.45% Airbnb Rental Income: $1086 Traditional Rental Income: $2022 Airbnb ROI: -0.65% Traditional ROI: 2.45%
1801 Hickory Street Llano, TX Rare find! Immaculate brick home in the much desired Marschall Subdivison in Llano! This b...	3 beds \| N/A baths \| 1,631 sq.ft.	$375,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.69% Airbnb Rental Income: $1086 Traditional Rental Income: $1813 Airbnb ROI: 0.57% Traditional ROI: 3.69%
1600 Ford Street Llano, TX Capture the Hill Country with convenience to Fredericksburg, Austin, Blanco & More! Open t...	3 beds \| N/A baths \| 3,100 sq.ft.	$595,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 1.77% Airbnb Rental Income: $1086 Traditional Rental Income: $1868 Airbnb ROI: -0.3% Traditional ROI: 1.77%
321 Flag Creek Ranch Circle Llano, TX Tucked away on 6.41 peaceful acres, this beautifully maintained 3-bedroom, 2-bath manufact...	3 beds \| 2 baths \| 1,860 sq.ft.	$365,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.45% Airbnb Rental Income: $1086 Traditional Rental Income: $1887 Airbnb ROI: -0.96% Traditional ROI: 2.45%
1109 E College Llano, TX Great 3/2 move in ready home. xeriscaped yard means easy maintenance. Living room has 10 f...	3 beds \| N/A baths \| 1,530 sq.ft.	$349,000	Airbnb cash on cash: 0.48% Traditional cash on cash: 3.61% Airbnb Rental Income: $1086 Traditional Rental Income: $1743 Airbnb ROI: 0.48% Traditional ROI: 3.61%
204 Lagitos Lane Llano, TX 10 Acres with Spring-Fed Pond Frontage - Llano, TX. This property is perfect if you're loo...	3 beds \| 2 baths \| 1,896 sq.ft.	$480,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 3.64% Airbnb Rental Income: $1086 Traditional Rental Income: $2180 Airbnb ROI: 0.38% Traditional ROI: 3.64%
801 Hickory Street Llano, TX $10,000 in BUYER'S INCENTIVES!!!! Charming historic home on a spacious corner lot! This be...	3 beds \| 2 baths \| 1,864 sq.ft.	$334,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.47% Airbnb Rental Income: $1086 Traditional Rental Income: $1660 Airbnb ROI: -0.53% Traditional ROI: 2.47%
901 Wright Street Llano, TX This recently updated triplex, located just one block from the historic Llano City Square,...	4 beds \| 3 baths \| 2,098 sq.ft.	$419,000	Airbnb cash on cash: 7.09% Traditional cash on cash: 1.58% Airbnb Rental Income: $4989 Traditional Rental Income: $1805 Airbnb ROI: 7.09% Traditional ROI: 1.58%
212 Rio Llano E Llano, TX Spacious 3-Bedroom Home with Workshop/Guest Quarters on 5+ Acres. This gated property offe...	3 beds \| N/A baths \| 2,310 sq.ft.	$804,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 1.44% Airbnb Rental Income: $1086 Traditional Rental Income: $2360 Airbnb ROI: -0.75% Traditional ROI: 1.44%
204 -- Lagitos Ln Llano, TX 10 Acres with Spring-Fed Pond Frontage â Llano, TX. This property is perfect if you're l...	3 beds \| 2 baths \| 1,896 sq.ft.	$480,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.34% Airbnb Rental Income: $1086 Traditional Rental Income: $1870 Airbnb ROI: -0.23% Traditional ROI: 2.34%

Real Estate investment in Llano, TX

There are 49 properties for sale in the city of Llano . The median list price in Llano is $449,900 and the average price per square foot is $252. In March 2026, the average monthly cash on cash return in Llano is 2.00%. The average monthly rental income in Llano is $1,805.

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

There are 49 investment properties available for sale in Llano.

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

The ROI for Short-Term is higher than the Long-Term in Llano with average rental income of $1,086.

Your search for investment property begins and ends here

Investment Property for Sale in Llano, TX

19811 Ranch Road 152

Llano, TX

3 beds | 4 baths | 2,716 sq.ft.

$1,599,000

Airbnb cash on cash: -2.37%

Traditional cash on cash: -0.54%

Airbnb Rental Income: $1086

Traditional Rental Income: $3436

Airbnb ROI: -2.37%

Traditional ROI: -0.54%

177 -- Chesterfield

Llano, TX

3 beds | 2 baths | 1,880 sq.ft.

$545,000

Airbnb cash on cash: -0.87%

Traditional cash on cash: 1.62%

Airbnb Rental Income: $1086

Traditional Rental Income: $1983

Airbnb ROI: -0.87%

Traditional ROI: 1.62%

900 E WALLACE

Llano, TX

3 beds | N/A baths | 1,508 sq.ft.

$349,500

Airbnb cash on cash: -0.88%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $1086

Traditional Rental Income: $1837

Airbnb ROI: -0.88%

Traditional ROI: 2.53%

1007 E Wallace

Llano, TX

3 beds | 2 baths | 1,629 sq.ft.

$239,000

Airbnb cash on cash: -0.02%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $1086

Traditional Rental Income: $1666

Airbnb ROI: -0.02%

Traditional ROI: 4.19%

1408 Ford Street

Llano, TX

3 beds | N/A baths | 1,464 sq.ft.

$350,000

Airbnb cash on cash: -0.88%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1086

Traditional Rental Income: $1759

Airbnb ROI: -0.88%

Traditional ROI: 2.29%

609 W Leon

Llano, TX

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

$299,000

Airbnb cash on cash: -1.43%

Traditional cash on cash: 3.92%

Airbnb Rental Income: $795

Traditional Rental Income: $1978

Airbnb ROI: -1.43%

Traditional ROI: 3.92%

403 W Main Street

Llano, TX

3 beds | 2 baths | 1,390 sq.ft.

$325,000

Airbnb cash on cash: -0.74%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1086

Traditional Rental Income: $2162

Airbnb ROI: -0.74%

Traditional ROI: 3.99%

105 -- Elmer Rd

Llano, TX

2 beds | 2 baths | 896 sq.ft.

$525,000

Airbnb cash on cash: -0.63%

Traditional cash on cash: 1.68%

Airbnb Rental Income: $795

Traditional Rental Income: $1606

Airbnb ROI: -0.63%