Real Estate Investment Properties for Sale in Lakehills, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
920 Pebble Bch Dr NW Lakehills, TX Welcome to 920 Pebble Beach Dr. NW! A beautifully crafted log cabin retreat in the desirab...	4 beds \| 2 baths \| 1,508 sq.ft.	$499,000	Airbnb cash on cash: 6.05% Traditional cash on cash: 1.26% Airbnb Rental Income: $5354 Traditional Rental Income: $1791 Airbnb ROI: 6.05% Traditional ROI: 1.26%
806 Blue Bill Cove Dr Lakehills, TX Explore this charming waterfront lake house on 1.53 acres with a private inlet. The partia...	2 beds \| 2 baths \| 2,528 sq.ft.	$450,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.07% Airbnb Rental Income: $1784 Traditional Rental Income: $2477 Airbnb ROI: 0.27% Traditional ROI: 3.07%
10406 Park Road 37 Lakehills, TX Country Living on 8.289 Acres! Welcome to your well-maintained country home, a charming 1,...	2 beds \| 2 baths \| 1,628 sq.ft.	$559,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 0.85% Airbnb Rental Income: $1784 Traditional Rental Income: $1677 Airbnb ROI: 0.12% Traditional ROI: 0.85%
165 Lookout Dr Lakehills, TX This remodeled home is a quaint 1 bedroom/1 bath house ready to be your next weekend getaw...	1 beds \| 1 baths \| 819 sq.ft.	$189,000	Airbnb cash on cash: 2.26% Traditional cash on cash: 4.39% Airbnb Rental Income: $1266 Traditional Rental Income: $1248 Airbnb ROI: 2.26% Traditional ROI: 4.39%
12501 Park Road 37 Lakehills, TX Experience the charm of this beautifully remodeled lake house, blending elegance and comfo...	5 beds \| 2 baths \| 1,758 sq.ft.	$639,995	Airbnb cash on cash: 2.9% Traditional cash on cash: 0.58% Airbnb Rental Income: $3901 Traditional Rental Income: $1676 Airbnb ROI: 2.9% Traditional ROI: 0.58%
1468 Pebble Beach Rd Lakehills, TX Nestled in the heart of picturesque countryside, this charming, country house offers a ser...	2 beds \| 2 baths \| 1,080 sq.ft.	$229,999	Airbnb cash on cash: 3.63% Traditional cash on cash: 3.78% Airbnb Rental Income: $1784 Traditional Rental Income: $1332 Airbnb ROI: 3.63% Traditional ROI: 3.78%
282 Hill Top Ln Lakehills, TX Beautiful Two-Story Home in Lakehills New carpet has been installed on the staircase and s...	4 beds \| 3 baths \| 2,276 sq.ft.	$508,000	Airbnb cash on cash: 6.53% Traditional cash on cash: 1.2% Airbnb Rental Income: $5354 Traditional Rental Income: $1741 Airbnb ROI: 6.53% Traditional ROI: 1.2%
12596 Park Road 37 Lakehills, TX **Seller offering $5K Buyer Incentive to help with closing costs or to buy down interest r...	3 beds \| 2 baths \| 1,350 sq.ft.	$249,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.82% Airbnb Rental Income: $1275 Traditional Rental Income: $1777 Airbnb ROI: 1.99% Traditional ROI: 5.82%
1108 Pebble Beach Dr NW Lakehills, TX *WATER FRONT LOT *Now is the time to buy! Currently, this well maintained home is a on...	1 beds \| 1 baths \| 1,440 sq.ft.	$319,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.91% Airbnb Rental Income: $1266 Traditional Rental Income: $1624 Airbnb ROI: 0.39% Traditional ROI: 2.91%
2580 Goat Hl Lakehills, TX OWNER FINANCING AVAILABLE! Enjoy a beautiful drive into the Hill Country as you pull into ...	4 beds \| 3 baths \| 2,527 sq.ft.	$548,500	Airbnb cash on cash: 6.13% Traditional cash on cash: 2.57% Airbnb Rental Income: $5354 Traditional Rental Income: $2446 Airbnb ROI: 6.13% Traditional ROI: 2.57%
235 Scenic Pass Lakehills, TX Peaceful country living with two homes on this 8.5 acres. Main dwelling is 1,930 sq ft wit...	4 beds \| 2 baths \| 1,930 sq.ft.	$492,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 3.28% Airbnb Rental Income: $3993 Traditional Rental Income: $2151 Airbnb ROI: 5.43% Traditional ROI: 3.28%
182 Country Pt Lakehills, TX NOT FOR THE MINIMIALISTIC!!! This Santa Fe Style home 2200 sqft of living space, with a un...	3 beds \| 2 baths \| 2,324 sq.ft.	$715,491	Airbnb cash on cash: -1.13% Traditional cash on cash: 0.69% Airbnb Rental Income: $1275 Traditional Rental Income: $2222 Airbnb ROI: -1.13% Traditional ROI: 0.69%
189 Scenic Sunset Lakehills, TX This beautiful and unique 3800 sqft home sits on approximately 6 acres in Lakehills and fe...	3 beds \| 3 baths \| 3,800 sq.ft.	$850,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 0.61% Airbnb Rental Income: $1275 Traditional Rental Income: $2086 Airbnb ROI: -0.92% Traditional ROI: 0.61%
196 Whispering Oak Ln Lakehills, TX Build the lake home of your dreams on a rare 1.117-acre, end-of-the-road property on the d...	1 beds \| 1 baths \| 840 sq.ft.	$375,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 1.29% Airbnb Rental Income: $1266 Traditional Rental Income: $1214 Airbnb ROI: 0.3% Traditional ROI: 1.29%
207 Deer Oaks Lakehills, TX OPEN HOUSE THIS SATURDAY FROM 1-4. Welcome home to this thoughtfully crafted new construct...	4 beds \| 3 baths \| 2,485 sq.ft.	$475,000	Airbnb cash on cash: 7.68% Traditional cash on cash: 2.3% Airbnb Rental Income: $5354 Traditional Rental Income: $1878 Airbnb ROI: 7.68% Traditional ROI: 2.3%
10484 Park Road 37 Lakehills, TX THIS VERSATILE 2/1 HOME IS BURSTING WITH POTENTIAL AND MAY BE ELIGIBLE FOR COMMERCIAL USE!...	2 beds \| 1 baths \| 1,301 sq.ft.	$189,500	Airbnb cash on cash: 4.55% Traditional cash on cash: 5.21% Airbnb Rental Income: $1784 Traditional Rental Income: $1418 Airbnb ROI: 4.55% Traditional ROI: 5.21%
207 Deer Oaks Dr Lakehills, TX OPEN HOUSE JAN 31ST 1-4 Welcome home to this thoughtfully crafted new construction nestled...	4 beds \| 3 baths \| 2,485 sq.ft.	$475,000	Airbnb cash on cash: 6.62% Traditional cash on cash: 2.55% Airbnb Rental Income: $5354 Traditional Rental Income: $2465 Airbnb ROI: 6.62% Traditional ROI: 2.55%
1283 Pipe Springs Dr Lakehills, TX Experience peaceful country living on over 5 acres of unrestricted land with this beautifu...	4 beds \| N/A baths \| 2,432 sq.ft.	$397,500	Airbnb cash on cash: 8.62% Traditional cash on cash: 3.15% Airbnb Rental Income: $5354 Traditional Rental Income: $2235 Airbnb ROI: 8.62% Traditional ROI: 3.15%

Real Estate investment in Lakehills, TX

There are 101 properties for sale in the city of Lakehills . The median list price in Lakehills is $322,000 and the average price per square foot is $191. In February 2026, the average monthly cash on cash return in Lakehills is 3.00%. The average monthly rental income in Lakehills is $1,795.

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

There are 101 investment properties available for sale in Lakehills.

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

The ROI for Short-Term is higher than the Long-Term in Lakehills with average rental income of $1,275.

Your search for investment property begins and ends here

Investment Property for Sale in Lakehills, TX

920 Pebble Bch Dr NW

Lakehills, TX

4 beds | 2 baths | 1,508 sq.ft.

$499,000

Airbnb cash on cash: 6.05%

Traditional cash on cash: 1.26%

Airbnb Rental Income: $5354

Traditional Rental Income: $1791

Airbnb ROI: 6.05%

Traditional ROI: 1.26%

806 Blue Bill Cove Dr

Lakehills, TX

2 beds | 2 baths | 2,528 sq.ft.

$450,000

Airbnb cash on cash: 0.27%

Traditional cash on cash: 3.07%

Airbnb Rental Income: $1784

Traditional Rental Income: $2477

Airbnb ROI: 0.27%

Traditional ROI: 3.07%

10406 Park Road 37

Lakehills, TX

2 beds | 2 baths | 1,628 sq.ft.

$559,000

Airbnb cash on cash: 0.12%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $1784

Traditional Rental Income: $1677

Airbnb ROI: 0.12%

Traditional ROI: 0.85%

165 Lookout Dr

Lakehills, TX

1 beds | 1 baths | 819 sq.ft.

$189,000

Airbnb cash on cash: 2.26%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $1266

Traditional Rental Income: $1248

Airbnb ROI: 2.26%

Traditional ROI: 4.39%

12501 Park Road 37

Lakehills, TX

5 beds | 2 baths | 1,758 sq.ft.

$639,995

Airbnb cash on cash: 2.9%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $3901

Traditional Rental Income: $1676

Airbnb ROI: 2.9%

Traditional ROI: 0.58%

1468 Pebble Beach Rd

Lakehills, TX

2 beds | 2 baths | 1,080 sq.ft.

$229,999

Airbnb cash on cash: 3.63%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $1784

Traditional Rental Income: $1332

Airbnb ROI: 3.63%

Traditional ROI: 3.78%

282 Hill Top Ln

Lakehills, TX

4 beds | 3 baths | 2,276 sq.ft.

$508,000

Airbnb cash on cash: 6.53%

Traditional cash on cash: 1.2%

Airbnb Rental Income: $5354

Traditional Rental Income: $1741

Airbnb ROI: 6.53%

Traditional ROI: 1.2%

12596 Park Road 37

Lakehills, TX

3 beds | 2 baths | 1,350 sq.ft.

$249,900

Airbnb cash on cash: 1.99%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $1275

Traditional Rental Income: $1777

Airbnb ROI: 1.99%