Real Estate Investment Properties for Sale in Bandera, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3449 Shadyhill Drive Bandera, TX This Southland beauty does not feel like a typical 4-bedroom. From the moment you walk in,...	4 beds \| 2 baths \| 2,221 sq.ft.	$375,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.77% Airbnb Rental Income: $1795 Traditional Rental Income: $2047 Airbnb ROI: 0.67% Traditional ROI: 2.77%
157 Park Rd Bandera, TX Enjoy relaxed and peaceful Texas Hill Country living in this extremely well maintained hom...	3 beds \| 2 baths \| 1,935 sq.ft.	$435,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 2.78% Airbnb Rental Income: $1183 Traditional Rental Income: $2071 Airbnb ROI: -0.35% Traditional ROI: 2.78%
710 Chipman Lane Bandera, TX ASSUMABLE LOAN AVAILABLE FOR QUALIFED BUYERS!! CURRENT RATE IS A 2.75! TAKE ADVANTAGE OF T...	2 beds \| 2 baths \| 1,740 sq.ft.	$350,000	Airbnb cash on cash: -2.1% Traditional cash on cash: 4.13% Airbnb Rental Income: $566 Traditional Rental Income: $2330 Airbnb ROI: -2.1% Traditional ROI: 4.13%
560 PR 1515 Bandera, TX Located in a desirable guard-gated neighborhood, this inviting 2-bedroom, 2-bath home offe...	2 beds \| 2 baths \| 1,344 sq.ft.	$250,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 4.59% Airbnb Rental Income: $566 Traditional Rental Income: $1760 Airbnb ROI: -1.66% Traditional ROI: 4.59%
188 Old Camp Rd Bandera, TX Discover modern Hill Country living in this stunning 3-bedroom, 2-bath home built in 2021 ...	3 beds \| 2 baths \| 1,967 sq.ft.	$425,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.8% Airbnb Rental Income: $1183 Traditional Rental Income: $2216 Airbnb ROI: -0.77% Traditional ROI: 2.8%
636 Skyline Dr Bandera, TX Experience Hill Country living at its finest at 636 Skyline Dr in Bandera. This spacious 3...	3 beds \| 2 baths \| 1,200 sq.ft.	$269,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.56% Airbnb Rental Income: $1183 Traditional Rental Income: $1599 Airbnb ROI: 0.41% Traditional ROI: 3.56%
345 Laguna Road Bandera, TX This turnkey Hill Country estate in the highly sought-after Montague Ranch Estates, just n...	3 beds \| 4 baths \| 3,150 sq.ft.	$1,120,000	Airbnb cash on cash: -2.03% Traditional cash on cash: -0.09% Airbnb Rental Income: $1183 Traditional Rental Income: $2819 Airbnb ROI: -2.03% Traditional ROI: -0.09%
406 Hackberry Bandera, TX Affordable, adorable, and full of possibilities! Welcome to 406 Hackberry in Bandera, TX, ...	2 beds \| 1 baths \| 676 sq.ft.	$195,000	Airbnb cash on cash: -1.9% Traditional cash on cash: 2.5% Airbnb Rental Income: $566 Traditional Rental Income: $1097 Airbnb ROI: -1.9% Traditional ROI: 2.5%
553 Matt Dillon Dr Bandera, TX Fully renovated and currently operating as a successful Airbnb, this hidden gem is the per...	2 beds \| 1 baths \| 900 sq.ft.	$149,000	Airbnb cash on cash: -0.44% Traditional cash on cash: 5.6% Airbnb Rental Income: $566 Traditional Rental Income: $1143 Airbnb ROI: -0.44% Traditional ROI: 5.6%
205 Canyon Lake Dr Bandera, TX Newer home built in 2022. This darling home is ready for its new owner. Come sit on a peac...	3 beds \| 2 baths \| 1,182 sq.ft.	$286,500	Airbnb cash on cash: 1.51% Traditional cash on cash: 4.95% Airbnb Rental Income: $1183 Traditional Rental Income: $1726 Airbnb ROI: 1.51% Traditional ROI: 4.95%
978 W PR 1518 Bandera, TX Very nice 4 bedroom, 2 bath home plus two living areas. Backs up to a Ranch with a country...	4 beds \| 2 baths \| 1,904 sq.ft.	$230,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 6.27% Airbnb Rental Income: $1795 Traditional Rental Income: $1987 Airbnb ROI: 3.15% Traditional ROI: 6.27%
207 Hackberry Bandera, TX Interest Rates as low as 4.99. Charming Country Home Just Steps from Downtown Bandera! Wel...	3 beds \| 2 baths \| 1,170 sq.ft.	$348,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.55% Airbnb Rental Income: $1183 Traditional Rental Income: $1571 Airbnb ROI: 0.18% Traditional ROI: 2.55%
338 Salt Grass Trail Bandera, TX Exceptional opportunity to build your dream home in Bandera while already enjoying life on...	1 beds \| 1 baths \| 1,500 sq.ft.	$329,999	Airbnb cash on cash: -2.09% Traditional cash on cash: 2.98% Airbnb Rental Income: $386 Traditional Rental Income: $1705 Airbnb ROI: -2.09% Traditional ROI: 2.98%
406 7th Street Bandera, TX Charming 3-Bed, 2-Bath Corner-Lot Home in the Heart of Bandera, TX - Now a Turnkey B&B! Th...	3 beds \| 2 baths \| 1,271 sq.ft.	$299,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.51% Airbnb Rental Income: $1183 Traditional Rental Income: $1717 Airbnb ROI: 0.25% Traditional ROI: 3.51%
338 Saltgrass Bandera, TX Exceptional opportunity to build your dream home in Bandera while already enjoying life on...	1 beds \| 1 baths \| 1,500 sq.ft.	$329,999	Airbnb cash on cash: -1.89% Traditional cash on cash: 3.21% Airbnb Rental Income: $386 Traditional Rental Income: $1716 Airbnb ROI: -1.89% Traditional ROI: 3.21%
475 Skyline Dr Bandera, TX Shed converted into a small home; one bedroom, one full bathroom, kitchen dining and livin...	1 beds \| 1 baths \| 384 sq.ft.	$60,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 11.25% Airbnb Rental Income: $386 Traditional Rental Income: $851 Airbnb ROI: -0.69% Traditional ROI: 11.25%
133 Lakeshore Ct Bandera, TX Charming Hill Country Retreat - Perfect Starter Home or Weekend Getaway! Looking to enjoy ...	3 beds \| 2 baths \| 1,050 sq.ft.	$120,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 8.82% Airbnb Rental Income: $1183 Traditional Rental Income: $1332 Airbnb ROI: 4.19% Traditional ROI: 8.82%
166 DESERT POPPY Bandera, TX Nestled in the heart of Texas Hill Country, Bandera is renowned as the Cowboy Capital of t...	5 beds \| 3 baths \| 3,843 sq.ft.	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 2.87%
237 Hopi Trail Bandera, TX NEW HOME CONSTRUCTION! Stunning Hill Country-style stone home on One acre, featuring a Uni...	3 beds \| 2 baths \| 1,534 sq.ft.	$385,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 1.71% Airbnb Rental Income: $1183 Traditional Rental Income: $1626 Airbnb ROI: -0.58% Traditional ROI: 1.71%
731 Salt Grass Trail Bandera, TX AVAILABLE TO BE BUILT by Heritage Crafted Homes. "Alondra Floor Plan" Buyer must purchase ...	3 beds \| 3 baths \| 2,593 sq.ft.	$749,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 2.16% Airbnb Rental Income: $1183 Traditional Rental Income: $2424 Airbnb ROI: -0.17% Traditional ROI: 2.16%
732 Salt Grass Trail Bandera, TX AVAILABLE TO BE BUILT by Heritage Crafted Homes. Buyer must purchase the land, 3.23 Acres ...	3 beds \| 3 baths \| N/A	$899,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 1.26% Airbnb Rental Income: $1183 Traditional Rental Income: $2186 Airbnb ROI: -0.4% Traditional ROI: 1.26%
200 Highland Dr. Bandera, TX Welcome to your new 11+ acres (fully usable, flat land) Barndo home, just minutes from dow...	4 beds \| 3 baths \| 1,800 sq.ft.	$690,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 0.43% Airbnb Rental Income: $1795 Traditional Rental Income: $1923 Airbnb ROI: -0.53% Traditional ROI: 0.43%
228 Lucky Ridge Bandera, TX Experience luxury living in this exquisite 2,916 sq ft estate, set on 4.298 +/- acres of b...	3 beds \| 3 baths \| 2,916 sq.ft.	$1,199,000	Airbnb cash on cash: -1.13% Traditional cash on cash: 0.5% Airbnb Rental Income: $1183 Traditional Rental Income: $2622 Airbnb ROI: -1.13% Traditional ROI: 0.5%
164 Pr 1523 Bandera, TX Opportunity and flexibility come together at Holiday Villages Of Medina. This 2 bedroom, 1...	2 beds \| 1 baths \| 850 sq.ft.	$175,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 4.95% Airbnb Rental Income: $566 Traditional Rental Income: $1298 Airbnb ROI: -1.14% Traditional ROI: 4.95%
205 Canyon Lake Bandera, TX Newer home built in 2022. This darling home is ready for its new owner. Come sit on a peac...	3 beds \| 2 baths \| 1,182 sq.ft.	$286,500	Airbnb cash on cash: 0.56% Traditional cash on cash: 3.32% Airbnb Rental Income: $1183 Traditional Rental Income: $1542 Airbnb ROI: 0.56% Traditional ROI: 3.32%
1128 Wright Bandera, TX Tucked away on almost one and a half acres, this single wide manufactured home is loaded w...	3 beds \| 2 baths \| 1,368 sq.ft.	$215,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 4.67% Airbnb Rental Income: $1183 Traditional Rental Income: $1450 Airbnb ROI: 1.46% Traditional ROI: 4.67%
876 Horseshoe Falls Bandera, TX So many options with this property. In place is a lovely barndominium/horse barn which can...	1 beds \| 1 baths \| 912 sq.ft.	$575,000	Airbnb cash on cash: -1.85% Traditional cash on cash: 0.61% Airbnb Rental Income: $386 Traditional Rental Income: $1458 Airbnb ROI: -1.85% Traditional ROI: 0.61%
132 Spanish Oak Bandera, TX Discover this one-of-a-kind, fully renovated 3-bedroom, 3-bath container home that perfect...	3 beds \| 3 baths \| 800 sq.ft.	$209,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.93% Airbnb Rental Income: $1183 Traditional Rental Income: $1462 Airbnb ROI: 1.58% Traditional ROI: 4.93%
8438 Wharton Dock Rd Bandera, TX Lake front on Lake Medina with boat ramp and dock. Great views across the lake from huge c...	2 beds \| 1 baths \| 770 sq.ft.	$185,000	Airbnb cash on cash: -6.54% Traditional cash on cash: -0.78% Airbnb Rental Income: $566 Traditional Rental Income: $1297 Airbnb ROI: -6.54% Traditional ROI: -0.78%
474 Medina Dr. Bandera, TX Quality construction, SIPS walls for great insulation, Hardie plank and stone exterior. st...	1 beds \| 1 baths \| 816 sq.ft.	$205,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 4.57% Airbnb Rental Income: $386 Traditional Rental Income: $1284 Airbnb ROI: -1.35% Traditional ROI: 4.57%
406 7th Bandera, TX Charming 3-Bed, 2-Bath Corner-Lot Home in the Heart of Bandera, TX - Now a Turnkey B&B! Th...	3 beds \| 2 baths \| 1,271 sq.ft.	$299,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.12% Airbnb Rental Income: $1183 Traditional Rental Income: $1619 Airbnb ROI: 0.21% Traditional ROI: 3.12%
286 Hwy 173 Bandera, TX Welcome to a rare gem just outside the city limits of Bandera, Texas-only one minute from ...	1 beds \| 1 baths \| 399 sq.ft.	$385,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 1.44% Airbnb Rental Income: $386 Traditional Rental Income: $1130 Airbnb ROI: -1.33% Traditional ROI: 1.44%
496 Cedarhill Dr. Bandera, TX Whether you're looking for a get away or a full time residence, this eclectic 2 bedroom, 1...	2 beds \| 2 baths \| 900 sq.ft.	$158,500	Airbnb cash on cash: -1.38% Traditional cash on cash: 5.75% Airbnb Rental Income: $566 Traditional Rental Income: $1362 Airbnb ROI: -1.38% Traditional ROI: 5.75%
286 State Highway 173 S Bandera, TX Welcome to a rare gem just outside the city limits of Bandera, Texas-only one minute from ...	1 beds \| 1 baths \| 399 sq.ft.	$350,000	Airbnb cash on cash: -1.36% Traditional cash on cash: 1.68% Airbnb Rental Income: $386 Traditional Rental Income: $1133 Airbnb ROI: -1.36% Traditional ROI: 1.68%
1260 comanche Bandera, TX Welcome to your serene escape! This charming 1,691 sq ft home features 3 bedrooms and 2 ba...	3 beds \| 2 baths \| 1,691 sq.ft.	$340,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 3.76% Airbnb Rental Income: $1183 Traditional Rental Income: $1824 Airbnb ROI: 0.54% Traditional ROI: 3.76%
300 Pecos Road Bandera, TX Renovated Hill Country home on 3 lots backing to a greenbelt with nearly three quarters of...	3 beds \| 2 baths \| 1,280 sq.ft.	$189,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 8.38% Airbnb Rental Income: $1183 Traditional Rental Income: $1876 Airbnb ROI: 2.4% Traditional ROI: 8.38%
297 Chaparral Dr Bandera, TX This income-producing duplex offers a fantastic live-in-one, rent-the-other opportunity ne...	N/A beds \| N/A baths \| 882 sq.ft.	$235,000	Airbnb cash on cash: -1.88% Traditional cash on cash: 4.05% Airbnb Rental Income: $400 Traditional Rental Income: $1462 Airbnb ROI: -1.88% Traditional ROI: 4.05%
248 Brushy Creek Bandera, TX Owner financing available. New construction in Lake Medina Shores! This 3-2 home offers th...	3 beds \| 2 baths \| 1,200 sq.ft.	$278,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.5% Airbnb Rental Income: $1183 Traditional Rental Income: $1567 Airbnb ROI: 1.56% Traditional ROI: 4.5%
174 Edgewood Cir Bandera, TX Open House 10/4 1:00-3:00 Live the Hill Country lifestyle in this beautiful 3 bedroom, 2 b...	3 beds \| 2 baths \| 2,156 sq.ft.	$450,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 2.2% Airbnb Rental Income: $1183 Traditional Rental Income: $2165 Airbnb ROI: -1.04% Traditional ROI: 2.2%
248 Brushy Creek Trl Bandera, TX Owner financing available. New construction in Lake Medina Shores! This 3-2 home offers th...	3 beds \| 2 baths \| 1,200 sq.ft.	$278,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.49% Airbnb Rental Income: $1183 Traditional Rental Income: $1565 Airbnb ROI: 1.56% Traditional ROI: 4.49%

Real Estate investment in Bandera, TX

There are 87 properties for sale in the city of Bandera . The median list price in Bandera is $325,000 and the average price per square foot is $209. In April 2026, the average monthly cash on cash return in Bandera is 3.00%. The average monthly rental income in Bandera is $1,717.

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

There are 87 investment properties available for sale in Bandera.

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

The ROI for Short-Term is higher than the Long-Term in Bandera with average rental income of $1,183.

Your search for investment property begins and ends here

Investment Property for Sale in Bandera, TX

3449 Shadyhill Drive

Bandera, TX

4 beds | 2 baths | 2,221 sq.ft.

$375,000

Airbnb cash on cash: 0.67%

Traditional cash on cash: 2.77%

Airbnb Rental Income: $1795

Traditional Rental Income: $2047

Airbnb ROI: 0.67%

Traditional ROI: 2.77%

157 Park Rd

Bandera, TX

3 beds | 2 baths | 1,935 sq.ft.

$435,000

Airbnb cash on cash: -0.35%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $1183

Traditional Rental Income: $2071

Airbnb ROI: -0.35%

Traditional ROI: 2.78%

710 Chipman Lane

Bandera, TX

2 beds | 2 baths | 1,740 sq.ft.

$350,000

Airbnb cash on cash: -2.1%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $566

Traditional Rental Income: $2330

Airbnb ROI: -2.1%

Traditional ROI: 4.13%

560 PR 1515

Bandera, TX

2 beds | 2 baths | 1,344 sq.ft.

$250,000

Airbnb cash on cash: -1.66%

Traditional cash on cash: 4.59%

Airbnb Rental Income: $566

Traditional Rental Income: $1760

Airbnb ROI: -1.66%

Traditional ROI: 4.59%

188 Old Camp Rd

Bandera, TX

3 beds | 2 baths | 1,967 sq.ft.

$425,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 2.8%

Airbnb Rental Income: $1183

Traditional Rental Income: $2216

Airbnb ROI: -0.77%

Traditional ROI: 2.8%

636 Skyline Dr

Bandera, TX

3 beds | 2 baths | 1,200 sq.ft.

$269,900

Airbnb cash on cash: 0.41%

Traditional cash on cash: 3.56%

Airbnb Rental Income: $1183

Traditional Rental Income: $1599

Airbnb ROI: 0.41%

Traditional ROI: 3.56%

345 Laguna Road

Bandera, TX

3 beds | 4 baths | 3,150 sq.ft.

$1,120,000

Airbnb cash on cash: -2.03%

Traditional cash on cash: -0.09%

Airbnb Rental Income: $1183

Traditional Rental Income: $2819

Airbnb ROI: -2.03%

Traditional ROI: -0.09%

406 Hackberry

Bandera, TX

2 beds | 1 baths | 676 sq.ft.

$195,000

Airbnb cash on cash: -1.9%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $566

Traditional Rental Income: $1097

Airbnb ROI: -1.9%