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
171 SUNSET DRIVE Lakehills, TX Experience the allure of this beautifully remodeled country cottage with elevated views of...	1 beds \| 1 baths \| 560 sq.ft.	$149,980	Airbnb cash on cash: 0.1% Traditional cash on cash: 2.84% Airbnb Rental Income: $785 Traditional Rental Income: $859 Airbnb ROI: 0.1% Traditional ROI: 2.84%
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: -0.86% Traditional cash on cash: 1.51% Airbnb Rental Income: $1045 Traditional Rental Income: $1791 Airbnb ROI: -0.86% Traditional ROI: 1.51%
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 \| 3 baths \| 2,528 sq.ft.	$399,500	Airbnb cash on cash: -2.25% Traditional cash on cash: 3.58% Airbnb Rental Income: $579 Traditional Rental Income: $2477 Airbnb ROI: -2.25% Traditional ROI: 3.58%
159 Thornton Ln Lakehills, TX Experience lakefront living just minutes from San Antonio in this well-maintained one-stor...	3 beds \| 3 baths \| 1,644 sq.ft.	$398,150	Airbnb cash on cash: -2.83% Traditional cash on cash: 3.16% Airbnb Rental Income: $228 Traditional Rental Income: $2236 Airbnb ROI: -2.83% Traditional ROI: 3.16%
914 Pebble Beach Dr NW Lakehills, TX Peace and quiet will greet you on the shores of Medina Lake. This custom built home exudes...	2 beds \| 2 baths \| 1,052 sq.ft.	$350,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 1.46% Airbnb Rental Income: $579 Traditional Rental Income: $1303 Airbnb ROI: -1.61% Traditional ROI: 1.46%
10406 Park Road 37 Lakehills, TX Updated home on 8.29 acres near Medina Lake with no livestock restrictions, barn, shop, an...	2 beds \| 2 baths \| 1,628 sq.ft.	$559,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 0.85% Airbnb Rental Income: $579 Traditional Rental Income: $1677 Airbnb ROI: -1.8% Traditional ROI: 0.85%
772 NW Pebble Beach Dr Lakehills, TX Tucked away near the peaceful shores of Medina Lake, this inviting 2-bedroom, 2-bathroom h...	2 beds \| 2 baths \| 1,304 sq.ft.	$275,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 3.06% Airbnb Rental Income: $579 Traditional Rental Income: $1469 Airbnb ROI: -1.47% Traditional ROI: 3.06%
1497 PEBBLE BEACH RD Lakehills, TX Experience the tranquility of waterfront living in this spacious home set on two lots. Off...	4 beds \| 3 baths \| 3,888 sq.ft.	$499,995	Airbnb cash on cash: -1.18% Traditional cash on cash: 2.96% Airbnb Rental Income: $1045 Traditional Rental Income: $2621 Airbnb ROI: -1.18% Traditional ROI: 2.96%
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.	$639,980	Airbnb cash on cash: N/A Traditional cash on cash: 0.58% Airbnb Rental Income: $null Traditional Rental Income: $1676 Airbnb ROI: N/A Traditional ROI: 0.58%
696 FAURIE ROAD Lakehills, TX This stunning waterfront home on Faurie Point boasts a modern stucco exterior with a stand...	3 beds \| 2 baths \| 2,176 sq.ft.	$449,480	Airbnb cash on cash: -2.76% Traditional cash on cash: 2.07% Airbnb Rental Income: $228 Traditional Rental Income: $2031 Airbnb ROI: -2.76% Traditional ROI: 2.07%
282 Hill Top Ln Lakehills, TX Discover peaceful Hill Country living in this well-positioned Lakehills property, featurin...	4 beds \| 3 baths \| 2,276 sq.ft.	$489,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.29% Airbnb Rental Income: $1045 Traditional Rental Income: $1741 Airbnb ROI: -1.03% Traditional ROI: 1.29%
155 SCENIC CIRCLE Lakehills, TX Charming country home near Medina Lake! This spacious residence features 5 bedrooms and 3 ...	5 beds \| 3 baths \| 2,700 sq.ft.	$249,500	Airbnb cash on cash: N/A Traditional cash on cash: 8.65% Airbnb Rental Income: $null Traditional Rental Income: $2890 Airbnb ROI: N/A Traditional ROI: 8.65%
140 Lake Terrace Dr Lakehills, TX Set on over 1.3 acres in Lakehills, Texas, this 4-bedroom, 2-bath home with a detached gue...	4 beds \| 2 baths \| 1,568 sq.ft.	$240,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 5.73% Airbnb Rental Income: $1045 Traditional Rental Income: $1762 Airbnb ROI: 0.97% Traditional ROI: 5.73%
12596 Park Road 37 Lakehills, TX **Seller offering $5K Buyer Incentive to help with closing costs or to buy down interest r...	3 beds \| 3 baths \| 1,350 sq.ft.	$239,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 6.12% Airbnb Rental Income: $228 Traditional Rental Income: $1777 Airbnb ROI: -1.74% Traditional ROI: 6.12%
1551 Pebble Beach Lakehills, TX Potential Short sale Welcome to your perfect lakeside retreat! Located in the sought-aft...	3 beds \| 3 baths \| 2,884 sq.ft.	$450,000	Airbnb cash on cash: -2.85% Traditional cash on cash: 1.95% Airbnb Rental Income: $228 Traditional Rental Income: $2027 Airbnb ROI: -2.85% Traditional ROI: 1.95%
122 Hi View Lakehills, TX NEW HOME CONSTRUCTION-** Seller offering up to $5000 towards buyers closing costs or buy d...	3 beds \| 3 baths \| 1,841 sq.ft.	$331,400	Airbnb cash on cash: -1.45% Traditional cash on cash: 4.97% Airbnb Rental Income: $228 Traditional Rental Income: $2002 Airbnb ROI: -1.45% Traditional ROI: 4.97%
1020 Pebble Beach Dr NW Lakehills, TX Rare opportunity to own a newer custom home in the Pebble Beach community on Medina Lake. ...	3 beds \| 2 baths \| 1,512 sq.ft.	$500,000	Airbnb cash on cash: -2.28% Traditional cash on cash: 1.64% Airbnb Rental Income: $228 Traditional Rental Income: $1834 Airbnb ROI: -2.28% Traditional ROI: 1.64%
980 Pebble Beach Dr NW Lakehills, TX Nestled along the serene shores of Medina Lake, this charming 2-bedroom, 2-bath home offer...	2 beds \| 2 baths \| 1,440 sq.ft.	$335,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 2.42% Airbnb Rental Income: $579 Traditional Rental Income: $1582 Airbnb ROI: -1.67% Traditional ROI: 2.42%
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 \| 2 baths \| 1,440 sq.ft.	$299,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 3.17% Airbnb Rental Income: $785 Traditional Rental Income: $1624 Airbnb ROI: -0.95% Traditional ROI: 3.17%
282 Elmhurst Lakehills, TX 8 lots situated on a corner property. Site features two gate entrance - wide enough to acc...	2 beds \| 1 baths \| 1,000 sq.ft.	$85,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 11.08% Airbnb Rental Income: $579 Traditional Rental Income: $1202 Airbnb ROI: 0.18% Traditional ROI: 11.08%
1400 Elmhurst Dr. Lakehills, TX Welcome to 1400 Elmhurst Dr, Lakehills, TX! This charming 3-bedroom, 2-bath home offers 1,...	3 beds \| 2 baths \| 1,848 sq.ft.	$190,000	Airbnb cash on cash: -2.14% Traditional cash on cash: 7.52% Airbnb Rental Income: $228 Traditional Rental Income: $1746 Airbnb ROI: -2.14% Traditional ROI: 7.52%
189 Scenic Sunset Lakehills, TX This beautiful and unique 3800 sqft home sits on 6.09 acres in a gated community, (Scenic ...	3 beds \| 3 baths \| 3,800 sq.ft.	$825,000	Airbnb cash on cash: -2.06% Traditional cash on cash: 0.66% Airbnb Rental Income: $228 Traditional Rental Income: $2086 Airbnb ROI: -2.06% Traditional ROI: 0.66%
835 lookout Lakehills, TX Fully remodeled waterfront home built in 2005, approx. 2568 sqft*2 beautiful oak trees. Lo...	3 beds \| 3 baths \| 2,568 sq.ft.	$649,000	Airbnb cash on cash: -2.43% Traditional cash on cash: 1.29% Airbnb Rental Income: $228 Traditional Rental Income: $2252 Airbnb ROI: -2.43% Traditional ROI: 1.29%
196 Whispering Oak Lane 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.	$325,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.64% Airbnb Rental Income: $785 Traditional Rental Income: $1214 Airbnb ROI: -0.81% Traditional ROI: 1.64%
218 Mountain Side Lakehills, TX Stunning Lakeview Home on Nearly 1 Acre with Custom Features and Modern Amenities Welcome ...	3 beds \| 3 baths \| 1,916 sq.ft.	$394,900	Airbnb cash on cash: -2.35% Traditional cash on cash: 2.65% Airbnb Rental Income: $228 Traditional Rental Income: $1851 Airbnb ROI: -2.35% Traditional ROI: 2.65%
164 E 18th Lakehills, TX Lovely well maintained Palm Harbor home on 2.48 park-like acres. This level, fully fenced ...	3 beds \| 2 baths \| 1,368 sq.ft.	$219,990	Airbnb cash on cash: -2.04% Traditional cash on cash: 5.25% Airbnb Rental Income: $228 Traditional Rental Income: $1521 Airbnb ROI: -2.04% Traditional ROI: 5.25%
781 Lookout Dr Lakehills, TX This 112ft wide waterfront lot is loaded with beautiful mature oak trees which provide a p...	4 beds \| 2 baths \| 2,104 sq.ft.	$478,600	Airbnb cash on cash: -1.01% Traditional cash on cash: 2.2% Airbnb Rental Income: $1045 Traditional Rental Income: $2118 Airbnb ROI: -1.01% Traditional ROI: 2.2%
810 12th Lakehills, TX Cabin in the country yet close to the city of San Antonio. Central AC/Heat with backup pro...	1 beds \| 1 baths \| 1,536 sq.ft.	$135,999	Airbnb cash on cash: -0.08% Traditional cash on cash: 6.18% Airbnb Rental Income: $785 Traditional Rental Income: $1282 Airbnb ROI: -0.08% Traditional ROI: 6.18%
259 Park Dr Lakehills, TX Motivated! BRING ALL OFFERS!! Welcome to your serene getaway in the Heart of the Texas Hil...	2 beds \| 2 baths \| 1,792 sq.ft.	$199,000	Airbnb cash on cash: -2.6% Traditional cash on cash: 3.81% Airbnb Rental Income: $579 Traditional Rental Income: $1505 Airbnb ROI: -2.6% Traditional ROI: 3.81%
213 Oak Cliff Lakehills, TX Enjoy end-of-the-road privacy in this charming 2-bedroom, 2-bath cabin nestled on the shor...	2 beds \| 2 baths \| 1,344 sq.ft.	$168,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 5.09% Airbnb Rental Income: $579 Traditional Rental Income: $1285 Airbnb ROI: -1.1% Traditional ROI: 5.09%
125 Northlake Cove Lakehills, TX Perched atop a scenic hill overlooking Medina Lake, this stunning home is the ultimate Hil...	4 beds \| 5 baths \| 3,820 sq.ft.	$940,000	Airbnb cash on cash: -2.12% Traditional cash on cash: 1.73% Airbnb Rental Income: $1045 Traditional Rental Income: $4047 Airbnb ROI: -2.12% Traditional ROI: 1.73%
690 Georges Lakehills, TX Opportunity awaits at 690 Georges Rd! Nestled on an oversized, wooded lot just minutes fro...	1 beds \| 1 baths \| 660 sq.ft.	$80,000	Airbnb cash on cash: 2% Traditional cash on cash: 7.48% Airbnb Rental Income: $785 Traditional Rental Income: $897 Airbnb ROI: 2% Traditional ROI: 7.48%
333 Rainbow Drive Lakehills, TX Handyman special with strong upside. Interior needs paint, new flooring, and an HVAC syste...	3 beds \| 2 baths \| 1,728 sq.ft.	$125,000	Airbnb cash on cash: -3.37% Traditional cash on cash: 11.38% Airbnb Rental Income: $228 Traditional Rental Income: $1776 Airbnb ROI: -3.37% Traditional ROI: 11.38%
197 Lake View Dr Lakehills, TX Welcome to your private slice of Texas Hill Country nestled among the hills -where wide op...	4 beds \| 2 baths \| 2,432 sq.ft.	$499,999	Airbnb cash on cash: -0.9% Traditional cash on cash: 2.16% Airbnb Rental Income: $1045 Traditional Rental Income: $2115 Airbnb ROI: -0.9% Traditional ROI: 2.16%
159 Thornton Lakehills, TX Experience lakefront living just minutes from San Antonio in this well-maintained one-stor...	3 beds \| 3 baths \| 2,129 sq.ft.	$398,150	Airbnb cash on cash: -3.12% Traditional cash on cash: 2.27% Airbnb Rental Income: $228 Traditional Rental Income: $2013 Airbnb ROI: -3.12% Traditional ROI: 2.27%
885 Brushy Creek Lakehills, TX ** Temporary price improvement * OPEN HOUSE SAT MAY 23 @11 am -3 pm ** *Additional 7' x 14...	4 beds \| 2 baths \| 1,568 sq.ft.	$315,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.09% Airbnb Rental Income: $1045 Traditional Rental Income: $1712 Airbnb ROI: -0.38% Traditional ROI: 3.09%
448 White Bass Dr Lakehills, TX Cozy and well-kept 3-bedroom, 2-bath home in sought-after Pebble Beach! This bright, open ...	3 beds \| 2 baths \| 1,200 sq.ft.	$215,000	Airbnb cash on cash: -2.79% Traditional cash on cash: 4.08% Airbnb Rental Income: $228 Traditional Rental Income: $1400 Airbnb ROI: -2.79% Traditional ROI: 4.08%
1520 LAKESIDE DR Lakehills, TX This charming 3-bedroom, 2-bathroom brick home offers the perfect blend of comfort, space,...	3 beds \| 2 baths \| 1,712 sq.ft.	$419,999	Airbnb cash on cash: -2.53% Traditional cash on cash: 2% Airbnb Rental Income: $228 Traditional Rental Income: $1785 Airbnb ROI: -2.53% Traditional ROI: 2%
606 32ND ST E Lakehills, TX 3-bedroom, 2-bath home on 1.2 private acres in Lake Hills with tons of potential and Hill ...	3 beds \| 2 baths \| 1,500 sq.ft.	$155,000	Airbnb cash on cash: -3.39% Traditional cash on cash: 8.11% Airbnb Rental Income: $228 Traditional Rental Income: $1704 Airbnb ROI: -3.39% Traditional ROI: 8.11%
1081 Summit Lakehills, TX Breathtaking panoramic views of Medina Lake and the surrounding Hill Country set the stage...	2 beds \| 2 baths \| 1,320 sq.ft.	$390,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 2.08% Airbnb Rental Income: $579 Traditional Rental Income: $1525 Airbnb ROI: -1.29% Traditional ROI: 2.08%

Real Estate investment in Lakehills, TX

There are 46 properties for sale in the city of Lakehills . The median list price in Lakehills is $331,400 and the average price per square foot is $205. In May 2026, the average monthly cash on cash return in Lakehills is 3.00%. The average monthly rental income in Lakehills is $1,727.

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

There are 46 investment properties available for sale in Lakehills.

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

The ROI for Long-Term is higher than the Short-Term in Lakehills with average rental income of $1,727.

Your search for investment property begins and ends here

Investment Property for Sale in Lakehills, TX

171 SUNSET DRIVE

Lakehills, TX

1 beds | 1 baths | 560 sq.ft.

$149,980

Airbnb cash on cash: 0.1%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $785

Traditional Rental Income: $859

Airbnb ROI: 0.1%

Traditional ROI: 2.84%

920 Pebble Bch Dr NW

Lakehills, TX

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

$499,000

Airbnb cash on cash: -0.86%

Traditional cash on cash: 1.51%

Airbnb Rental Income: $1045

Traditional Rental Income: $1791

Airbnb ROI: -0.86%

Traditional ROI: 1.51%

806 BLUE BILL COVE DR

Lakehills, TX

2 beds | 3 baths | 2,528 sq.ft.

$399,500

Airbnb cash on cash: -2.25%

Traditional cash on cash: 3.58%

Airbnb Rental Income: $579

Traditional Rental Income: $2477

Airbnb ROI: -2.25%

Traditional ROI: 3.58%

159 Thornton Ln

Lakehills, TX

3 beds | 3 baths | 1,644 sq.ft.

$398,150

Airbnb cash on cash: -2.83%

Traditional cash on cash: 3.16%

Airbnb Rental Income: $228

Traditional Rental Income: $2236

Airbnb ROI: -2.83%

Traditional ROI: 3.16%

914 Pebble Beach Dr NW

Lakehills, TX

2 beds | 2 baths | 1,052 sq.ft.

$350,000

Airbnb cash on cash: -1.61%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $579

Traditional Rental Income: $1303

Airbnb ROI: -1.61%

Traditional ROI: 1.46%

10406 Park Road 37

Lakehills, TX

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

$559,000

Airbnb cash on cash: -1.8%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $579

Traditional Rental Income: $1677

Airbnb ROI: -1.8%

Traditional ROI: 0.85%

772 NW Pebble Beach Dr

Lakehills, TX

2 beds | 2 baths | 1,304 sq.ft.

$275,000

Airbnb cash on cash: -1.47%

Traditional cash on cash: 3.06%

Airbnb Rental Income: $579

Traditional Rental Income: $1469

Airbnb ROI: -1.47%

Traditional ROI: 3.06%

1497 PEBBLE BEACH RD

Lakehills, TX

4 beds | 3 baths | 3,888 sq.ft.

$499,995

Airbnb cash on cash: -1.18%

Traditional cash on cash: 2.96%

Airbnb Rental Income: $1045

Traditional Rental Income: $2621

Airbnb ROI: -1.18%