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
2814 PANTHER HOLLOW DR Bandera, TX Exclusive Hill Country Lake House: 33 Unrestricted Acres on Rock Cliff Reservoir Escape to...	4 beds \| 5 baths \| 4,651 sq.ft.	$2,790,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 0.34% Airbnb Rental Income: $2324 Traditional Rental Income: $4526 Airbnb ROI: -0.73% Traditional ROI: 0.34%
676 Highgate Bandera, TX Set just in the Heart of Bandera, The Cowboy Capital Of The World, this Refined 8.76 Acre ...	4 beds \| 4 baths \| 3,198 sq.ft.	$1,650,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 0.68% Airbnb Rental Income: $2324 Traditional Rental Income: $3598 Airbnb ROI: -0.52% Traditional ROI: 0.68%
157 Park Rd Bandera, TX Seller Concessions: $5000 credit for Closing Costs, Repairs & Updates. Enjoy relaxed and p...	3 beds \| 2 baths \| 1,935 sq.ft.	$415,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.96% Airbnb Rental Income: $1238 Traditional Rental Income: $2071 Airbnb ROI: -0.2% Traditional ROI: 2.96%
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.	$260,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 3.73% Airbnb Rental Income: $1238 Traditional Rental Income: $1599 Airbnb ROI: 0.65% Traditional ROI: 3.73%
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: 1.68% Traditional cash on cash: 4.95% Airbnb Rental Income: $1238 Traditional Rental Income: $1726 Airbnb ROI: 1.68% Traditional ROI: 4.95%
178 N LAKESHORE DR Bandera, TX ***Seller has had an appraisal conducted, report due back 7/6/26...price may change depend...	2 beds \| 2 baths \| 1,056 sq.ft.	$350,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 1.79% Airbnb Rental Income: $598 Traditional Rental Income: $1400 Airbnb ROI: -1.53% Traditional ROI: 1.79%
182 Joiner Dr Bandera, TX Rare investment opportunity! This income-producing property features four duplexes situate...	N/A beds \| N/A baths \| 5,968 sq.ft.	$1,498,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 1.06% Airbnb Rental Income: $754 Traditional Rental Income: $3292 Airbnb ROI: -0.99% Traditional ROI: 1.06%
122 Desert Poppy Bandera, TX Seller Motivated Seller has recently painted interior and exterior of home and made ...	3 beds \| 2 baths \| 2,050 sq.ft.	$449,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 2.42% Airbnb Rental Income: $1238 Traditional Rental Income: $2166 Airbnb ROI: -0.73% Traditional ROI: 2.42%
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: -1.94% Traditional cash on cash: 2.98% Airbnb Rental Income: $439 Traditional Rental Income: $1705 Airbnb ROI: -1.94% Traditional ROI: 2.98%
900 Panther Hollow Dr Bandera, TX Fantastic horse property on 5+ acres, conveniently located between Kerrville (26 miles) an...	3 beds \| 2 baths \| 1,650 sq.ft.	$449,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 2.38% Airbnb Rental Income: $1238 Traditional Rental Income: $2019 Airbnb ROI: -0.42% Traditional ROI: 2.38%
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: -1.75% Traditional cash on cash: 3.21% Airbnb Rental Income: $439 Traditional Rental Income: $1716 Airbnb ROI: -1.75% Traditional ROI: 3.21%
956 Horseshoe Falls Bandera, TX An Equestrian's dream home this is a lovely 2 story 3 bedroom 3 bath Custom home in Bander...	3 beds \| 3 baths \| 2,879 sq.ft.	$650,000	Airbnb cash on cash: -1.21% Traditional cash on cash: 1.43% Airbnb Rental Income: $1238 Traditional Rental Income: $2440 Airbnb ROI: -1.21% Traditional ROI: 1.43%
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: 0.05% Traditional cash on cash: 11.25% Airbnb Rental Income: $439 Traditional Rental Income: $851 Airbnb ROI: 0.05% 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: 4.59% Traditional cash on cash: 8.82% Airbnb Rental Income: $1238 Traditional Rental Income: $1332 Airbnb ROI: 4.59% 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.	$520,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.01% Airbnb Rental Income: $null Traditional Rental Income: $2759 Airbnb ROI: N/A Traditional ROI: 3.01%
237 Hopi Trail Bandera, TX NEW HOME CONSTRUCTION with a amazing Price Adjustment! Stunning Hill Country-style stone h...	3 beds \| 2 baths \| 1,534 sq.ft.	$335,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.11% Airbnb Rental Income: $1238 Traditional Rental Income: $1626 Airbnb ROI: -0.38% Traditional ROI: 2.11%
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: -0.1% Traditional cash on cash: 2.16% Airbnb Rental Income: $1238 Traditional Rental Income: $2424 Airbnb ROI: -0.1% 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: -0.35% Traditional cash on cash: 1.26% Airbnb Rental Income: $1238 Traditional Rental Income: $2186 Airbnb ROI: -0.35% Traditional ROI: 1.26%
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: -1.09% Traditional cash on cash: 0.5% Airbnb Rental Income: $1238 Traditional Rental Income: $2622 Airbnb ROI: -1.09% Traditional ROI: 0.5%
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: 0.73% Traditional cash on cash: 3.32% Airbnb Rental Income: $1238 Traditional Rental Income: $1542 Airbnb ROI: 0.73% Traditional ROI: 3.32%
6739 Whartons Dock Bandera, TX -For full asking price offer it comes furnished!!!- MOVE-IN READY & PRICED TO SELL This st...	3 beds \| 2 baths \| 1,421 sq.ft.	$224,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 5.05% Airbnb Rental Income: $1238 Traditional Rental Income: $1618 Airbnb ROI: 1.4% Traditional ROI: 5.05%
5025 N Hwy 16 Bandera, TX Experience the best of Hill Country living on this exceptional 10-acre ranch just five min...	3 beds \| 3 baths \| 2,398 sq.ft.	$849,900	Airbnb cash on cash: -1.84% Traditional cash on cash: 0.13% Airbnb Rental Income: $1238 Traditional Rental Income: $2407 Airbnb ROI: -1.84% Traditional ROI: 0.13%
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.	$350,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 1.68% Airbnb Rental Income: $439 Traditional Rental Income: $1130 Airbnb ROI: -1.22% Traditional ROI: 1.68%
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: -1.22% Traditional cash on cash: 1.68% Airbnb Rental Income: $439 Traditional Rental Income: $1133 Airbnb ROI: -1.22% 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.	$315,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 4.13% Airbnb Rental Income: $1238 Traditional Rental Income: $1824 Airbnb ROI: 0.81% Traditional ROI: 4.13%
297 Chaparral Dr Bandera, TX This income-producing cabins near the heart of Bandera, surrounded by beautiful Hill Count...	N/A beds \| N/A baths \| 882 sq.ft.	$200,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.91% Airbnb Rental Income: $754 Traditional Rental Income: $1462 Airbnb ROI: -0.48% Traditional ROI: 4.91%
248 Brushy Creek Bandera, TX Currently being rented 06/01/2027. Owner financing available. New construction in Lake Med...	3 beds \| 2 baths \| 1,200 sq.ft.	$278,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.5% Airbnb Rental Income: $1238 Traditional Rental Income: $1567 Airbnb ROI: 1.74% Traditional ROI: 4.5%
248 Brushy Creek Trl Bandera, TX Currently being rented 06/01/2027. Owner financing available. New construction in Lake Med...	3 beds \| 2 baths \| 1,200 sq.ft.	$278,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 4.49% Airbnb Rental Income: $1238 Traditional Rental Income: $1565 Airbnb ROI: 1.73% Traditional ROI: 4.49%
181 Highland Meadows Bandera, TX Set on a scenic homesite with sweeping sunset views, this spectacular two-story home with ...	3 beds \| 3 baths \| 3,071 sq.ft.	$889,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 1.2% Airbnb Rental Income: $1238 Traditional Rental Income: $2492 Airbnb ROI: -0.8% Traditional ROI: 1.2%
545 HIGHGATE DR Bandera, TX Opportunity of a lifetime for this truly unique 4br/2bath hill country ranch house, detach...	4 beds \| 2 baths \| 2,252 sq.ft.	$685,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.1% Airbnb Rental Income: $2324 Traditional Rental Income: $2250 Airbnb ROI: 0.31% Traditional ROI: 1.1%
218 Edgewood Cir Bandera, TX Seller is offering $5000 towards closing costs! Welcome to this breathtaking 3-bedroom, 2-...	3 beds \| 2 baths \| 1,961 sq.ft.	$575,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.63% Airbnb Rental Income: $1238 Traditional Rental Income: $2212 Airbnb ROI: -0.92% Traditional ROI: 1.63%
1602 Broad Oak Dr Bandera, TX Rare opportunity! This unique property features two homes on 3.3 unrestricted acres-perfec...	5 beds \| 2 baths \| 784 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $1597 Airbnb ROI: N/A Traditional ROI: 4.63%
432 Canyon Lake Dr Bandera, TX NEW HOME CONSTRUCTION! ZERO DOWN PAYMENT ELIGIBLE HOME. Great curb appeal, this beautiful ...	2 beds \| 2 baths \| 1,105 sq.ft.	$242,400	Airbnb cash on cash: -0.22% Traditional cash on cash: 5.29% Airbnb Rental Income: $598 Traditional Rental Income: $1571 Airbnb ROI: -0.22% Traditional ROI: 5.29%
3309 FOREST TRAIL DR Bandera, TX COME SEE THIS BEAUTIFULLY MAINTAINED 3-ACRE PROPERTY FEATURING A 2019 DOUBLE-WIDE HOME THA...	3 beds \| 2 baths \| 1,736 sq.ft.	$395,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.97% Airbnb Rental Income: $1238 Traditional Rental Income: $1919 Airbnb ROI: 0.07% Traditional ROI: 2.97%
415 8th Bandera, TX A value packed property with the kind of land, layout, and long term potential buyers and ...	1 beds \| 1 baths \| 900 sq.ft.	$359,000	Airbnb cash on cash: -1.3% Traditional cash on cash: 1.12% Airbnb Rental Income: $439 Traditional Rental Income: $991 Airbnb ROI: -1.3% Traditional ROI: 1.12%
116 Martingale Trl. Bandera, TX Nestled in the scenic Texas Hill Country, 116 Martingale Trail offers the perfect blend of...	1 beds \| 2 baths \| 638 sq.ft.	$325,000	Airbnb cash on cash: -1.95% Traditional cash on cash: 1.77% Airbnb Rental Income: $439 Traditional Rental Income: $1311 Airbnb ROI: -1.95% Traditional ROI: 1.77%
2939 Palomino Springs Bandera, TX This Hill Country Masterpiece sits on 3.63 acres on a bluff forty feet above the Medina Ri...	4 beds \| 4 baths \| 3,910 sq.ft.	$1,699,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 0.39% Airbnb Rental Income: $2324 Traditional Rental Income: $3902 Airbnb ROI: -0.97% Traditional ROI: 0.39%
390 Galveston St Bandera, TX	4 beds \| 2 baths \| 2,829 sq.ft.	$479,500	Airbnb cash on cash: 2.19% Traditional cash on cash: 2.34% Airbnb Rental Income: $2324 Traditional Rental Income: $1813 Airbnb ROI: 2.19% Traditional ROI: 2.34%
7321 State Highway 173 Bandera, TX Come see Lot #1 of the idyllic Happy Hollow Ranch subdivision in Bandera. Formerly a worki...	4 beds \| 2 baths \| 2,108 sq.ft.	$399,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 2.33% Airbnb Rental Income: $2324 Traditional Rental Income: $1719 Airbnb ROI: 2.41% Traditional ROI: 2.33%
3263 Palomino Spgs Bandera, TX One of the most unique homes in the region. Set on 5 1/2 acres, this stunning home sits hi...	4 beds \| 3 baths \| 3,134 sq.ft.	$799,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.02% Airbnb Rental Income: $2324 Traditional Rental Income: $2295 Airbnb ROI: -0.72% Traditional ROI: 0.02%

Real Estate investment in Bandera, TX

There are 75 properties for sale in the city of Bandera . The median list price in Bandera is $377,274 and the average price per square foot is $199. In July 2026, the average monthly cash on cash return in Bandera is 3.00%. The average monthly rental income in Bandera is $1,866.

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

There are 75 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 $1,238.

Your search for investment property begins and ends here

Investment Property for Sale in Bandera, TX

2814 PANTHER HOLLOW DR

Bandera, TX

4 beds | 5 baths | 4,651 sq.ft.

$2,790,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 0.34%

Airbnb Rental Income: $2324

Traditional Rental Income: $4526

Airbnb ROI: -0.73%

Traditional ROI: 0.34%

676 Highgate

Bandera, TX

4 beds | 4 baths | 3,198 sq.ft.

$1,650,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 0.68%

Airbnb Rental Income: $2324

Traditional Rental Income: $3598

Airbnb ROI: -0.52%

Traditional ROI: 0.68%

157 Park Rd

Bandera, TX

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

$415,000

Airbnb cash on cash: -0.2%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1238

Traditional Rental Income: $2071

Airbnb ROI: -0.2%

Traditional ROI: 2.96%

636 Skyline Dr

Bandera, TX

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

$260,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $1238

Traditional Rental Income: $1599

Airbnb ROI: 0.65%

Traditional ROI: 3.73%

205 Canyon Lake Dr

Bandera, TX

3 beds | 2 baths | 1,182 sq.ft.

$286,500

Airbnb cash on cash: 1.68%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1238

Traditional Rental Income: $1726

Airbnb ROI: 1.68%

Traditional ROI: 4.95%

178 N LAKESHORE DR

Bandera, TX

2 beds | 2 baths | 1,056 sq.ft.

$350,000

Airbnb cash on cash: -1.53%

Traditional cash on cash: 1.79%

Airbnb Rental Income: $598

Traditional Rental Income: $1400

Airbnb ROI: -1.53%

Traditional ROI: 1.79%

182 Joiner Dr

Bandera, TX

N/A beds | N/A baths | 5,968 sq.ft.

$1,498,000

Airbnb cash on cash: -0.99%

Traditional cash on cash: 1.06%

Airbnb Rental Income: $754

Traditional Rental Income: $3292

Airbnb ROI: -0.99%

Traditional ROI: 1.06%

122 Desert Poppy

Bandera, TX

3 beds | 2 baths | 2,050 sq.ft.

$449,000

Airbnb cash on cash: -0.73%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $1238

Traditional Rental Income: $2166

Airbnb ROI: -0.73%