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 HILL COUNTRY PRIVACY ON 33+ ACRES! Custom one-story home plus full guest house tucked betw...	4 beds \| 5 baths \| 4,651 sq.ft.	$2,790,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.34% Airbnb Rental Income: $2035 Traditional Rental Income: $4526 Airbnb ROI: -0.83% 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: -0.68% Traditional cash on cash: 0.68% Airbnb Rental Income: $2035 Traditional Rental Income: $3598 Airbnb ROI: -0.68% Traditional ROI: 0.68%
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.	$415,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 2.96% Airbnb Rental Income: $1189 Traditional Rental Income: $2071 Airbnb ROI: -0.31% 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.	$269,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.58% Airbnb Rental Income: $1189 Traditional Rental Income: $1599 Airbnb ROI: 0.44% Traditional ROI: 3.58%
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: 1.53% Traditional cash on cash: 4.95% Airbnb Rental Income: $1189 Traditional Rental Income: $1726 Airbnb ROI: 1.53% 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: 4.07% Traditional cash on cash: 6.27% Airbnb Rental Income: $2035 Traditional Rental Income: $1987 Airbnb ROI: 4.07% Traditional ROI: 6.27%
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: -0.82% Traditional cash on cash: 2.42% Airbnb Rental Income: $1189 Traditional Rental Income: $2166 Airbnb ROI: -0.82% 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: -2.17% Traditional cash on cash: 2.98% Airbnb Rental Income: $353 Traditional Rental Income: $1705 Airbnb ROI: -2.17% 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: -0.52% Traditional cash on cash: 2.38% Airbnb Rental Income: $1189 Traditional Rental Income: $2019 Airbnb ROI: -0.52% 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: -1.98% Traditional cash on cash: 3.21% Airbnb Rental Income: $353 Traditional Rental Income: $1716 Airbnb ROI: -1.98% 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: -1.14% Traditional cash on cash: 11.25% Airbnb Rental Income: $353 Traditional Rental Income: $851 Airbnb ROI: -1.14% 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: 4.24% Traditional cash on cash: 8.82% Airbnb Rental Income: $1189 Traditional Rental Income: $1332 Airbnb ROI: 4.24% 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 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: -0.51% Traditional cash on cash: 2.11% Airbnb Rental Income: $1189 Traditional Rental Income: $1626 Airbnb ROI: -0.51% 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: -0.16% Traditional cash on cash: 2.16% Airbnb Rental Income: $1189 Traditional Rental Income: $2424 Airbnb ROI: -0.16% 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: $1189 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: -0.22% Traditional cash on cash: 0.43% Airbnb Rental Income: $2035 Traditional Rental Income: $1923 Airbnb ROI: -0.22% 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: $1189 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: -0.65% Traditional cash on cash: 4.95% Airbnb Rental Income: $665 Traditional Rental Income: $1298 Airbnb ROI: -0.65% 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: 0.58% Traditional cash on cash: 3.32% Airbnb Rental Income: $1189 Traditional Rental Income: $1542 Airbnb ROI: 0.58% 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: 1.2% Traditional cash on cash: 5.05% Airbnb Rental Income: $1189 Traditional Rental Income: $1618 Airbnb ROI: 1.2% Traditional ROI: 5.05%
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: 1.49% Traditional cash on cash: 4.67% Airbnb Rental Income: $1189 Traditional Rental Income: $1450 Airbnb ROI: 1.49% Traditional ROI: 4.67%
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: -6.07% Traditional cash on cash: -0.78% Airbnb Rental Income: $665 Traditional Rental Income: $1297 Airbnb ROI: -6.07% 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: -1.49% Traditional cash on cash: 4.57% Airbnb Rental Income: $353 Traditional Rental Income: $1284 Airbnb ROI: -1.49% 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: 0.23% Traditional cash on cash: 3.12% Airbnb Rental Income: $1189 Traditional Rental Income: $1619 Airbnb ROI: 0.23% 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.	$350,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.68% Airbnb Rental Income: $353 Traditional Rental Income: $1130 Airbnb ROI: -1.44% Traditional ROI: 1.68%
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.	$145,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 6.36% Airbnb Rental Income: $665 Traditional Rental Income: $1362 Airbnb ROI: -0.82% Traditional ROI: 6.36%
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: -1.44% Traditional cash on cash: 1.68% Airbnb Rental Income: $353 Traditional Rental Income: $1133 Airbnb ROI: -1.44% 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: 0.68% Traditional cash on cash: 4.13% Airbnb Rental Income: $1189 Traditional Rental Income: $1824 Airbnb ROI: 0.68% Traditional ROI: 4.13%
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: -2.01% Traditional cash on cash: 4.05% Airbnb Rental Income: $364 Traditional Rental Income: $1462 Airbnb ROI: -2.01% 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: 1.58% Traditional cash on cash: 4.5% Airbnb Rental Income: $1189 Traditional Rental Income: $1567 Airbnb ROI: 1.58% 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.	$425,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 2.39% Airbnb Rental Income: $1189 Traditional Rental Income: $2165 Airbnb ROI: -1.03% Traditional ROI: 2.39%
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: 1.58% Traditional cash on cash: 4.49% Airbnb Rental Income: $1189 Traditional Rental Income: $1565 Airbnb ROI: 1.58% Traditional ROI: 4.49%
703 Private Road 1501 Bandera, TX Brand-New Home on 0.3+/- Acres - Under $175K! Own brand-new construction in Medina County ...	3 beds \| 2 baths \| 1,387 sq.ft.	$173,400	Airbnb cash on cash: 2.02% Traditional cash on cash: 7.14% Airbnb Rental Income: $1189 Traditional Rental Income: $1648 Airbnb ROI: 2.02% Traditional ROI: 7.14%
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: -0.84% Traditional cash on cash: 1.2% Airbnb Rental Income: $1189 Traditional Rental Income: $2492 Airbnb ROI: -0.84% 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: -0.06% Traditional cash on cash: 1.1% Airbnb Rental Income: $2035 Traditional Rental Income: $2250 Airbnb ROI: -0.06% 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.	$585,000	Airbnb cash on cash: -1% Traditional cash on cash: 1.58% Airbnb Rental Income: $1189 Traditional Rental Income: $2212 Airbnb ROI: -1% Traditional ROI: 1.58%
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%

Real Estate investment in Bandera, TX

There are 87 properties for sale in the city of Bandera . The median list price in Bandera is $329,500 and the average price per square foot is $190. In May 2026, the average monthly cash on cash return in Bandera is 3.00%. The average monthly rental income in Bandera is $1,803.

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 $1,189.

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: -0.83%

Traditional cash on cash: 0.34%

Airbnb Rental Income: $2035

Traditional Rental Income: $4526

Airbnb ROI: -0.83%

Traditional ROI: 0.34%

676 Highgate

Bandera, TX

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

$1,650,000

Airbnb cash on cash: -0.68%

Traditional cash on cash: 0.68%

Airbnb Rental Income: $2035

Traditional Rental Income: $3598

Airbnb ROI: -0.68%

Traditional ROI: 0.68%

157 Park Rd

Bandera, TX

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

$415,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1189

Traditional Rental Income: $2071

Airbnb ROI: -0.31%

Traditional ROI: 2.96%

636 Skyline Dr

Bandera, TX

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

$269,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $1189

Traditional Rental Income: $1599

Airbnb ROI: 0.44%

Traditional ROI: 3.58%

205 Canyon Lake Dr

Bandera, TX

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

$286,500

Airbnb cash on cash: 1.53%

Traditional cash on cash: 4.95%

Airbnb Rental Income: $1189

Traditional Rental Income: $1726

Airbnb ROI: 1.53%

Traditional ROI: 4.95%

978 W PR 1518

Bandera, TX

4 beds | 2 baths | 1,904 sq.ft.

$230,000

Airbnb cash on cash: 4.07%

Traditional cash on cash: 6.27%

Airbnb Rental Income: $2035

Traditional Rental Income: $1987

Airbnb ROI: 4.07%

Traditional ROI: 6.27%

122 Desert Poppy

Bandera, TX

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

$449,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 2.42%

Airbnb Rental Income: $1189

Traditional Rental Income: $2166

Airbnb ROI: -0.82%

Traditional ROI: 2.42%

338 Salt Grass Trail

Bandera, TX

1 beds | 1 baths | 1,500 sq.ft.

$329,999

Airbnb cash on cash: -2.17%

Traditional cash on cash: 2.98%

Airbnb Rental Income: $353

Traditional Rental Income: $1705

Airbnb ROI: -2.17%