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
232 Angel Drive Lakehills, TX Discover this beautifully remodeled 2-bedroom, 1-bath home just 2 miles from Bandera Count...	2 beds \| 1 baths \| 1,100 sq.ft.	$215,000	Airbnb cash on cash: 3.05% Traditional cash on cash: 2.99% Airbnb Rental Income: $1784 Traditional Rental Income: $1285 Airbnb ROI: 3.05% Traditional ROI: 2.99%
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.	$149,995	Airbnb cash on cash: 2.89% Traditional cash on cash: 2.84% Airbnb Rental Income: $1266 Traditional Rental Income: $859 Airbnb ROI: 2.89% Traditional ROI: 2.84%
104 DOROTHY ST Lakehills, TX This property qualifies for USDA no money down Loan. This beautiful home features high c...	3 beds \| 2 baths \| 1,526 sq.ft.	$336,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.09% Airbnb Rental Income: $1275 Traditional Rental Income: $1721 Airbnb ROI: 0.41% Traditional ROI: 3.09%
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.	$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%
892 Pebble Beach Dr NW Lakehills, TX Lakefront cute, cozy cottage in Elm Cove (Medina Lake) has a huge covered deck that allows...	2 beds \| 1 baths \| 792 sq.ft.	$265,000	Airbnb cash on cash: 2.71% Traditional cash on cash: 1.03% Airbnb Rental Income: $1784 Traditional Rental Income: $878 Airbnb ROI: 2.71% Traditional ROI: 1.03%
10406 Park Road 37 Lakehills, TX Country Living on 8.289 Acres! Welcome to your well-maintained country home, a charming...	2 beds \| 2 baths \| 1,628 sq.ft.	$570,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 0.82% Airbnb Rental Income: $1784 Traditional Rental Income: $1677 Airbnb ROI: 0.1% Traditional ROI: 0.82%
914 PEBBLE BEACH DR 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: 1.46% Traditional cash on cash: 2.45% Airbnb Rental Income: $1784 Traditional Rental Income: $1624 Airbnb ROI: 1.46% Traditional ROI: 2.45%
592 Lakepark Dr Lakehills, TX Just miles away from Medina Lake, this stunning 3-bedroom, 2.5-bathroom home, boasting 287...	4 beds \| 3 baths \| 2,875 sq.ft.	$599,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 1.69% Airbnb Rental Income: $5354 Traditional Rental Income: $2408 Airbnb ROI: 5.02% Traditional ROI: 1.69%
607 Mountain Lakehills, TX Nestled in the peaceful surroundings of Lakehills, Texas, this is a one-of-a-kind 3.38-acr...	3 beds \| 2 baths \| 1,360 sq.ft.	$350,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.29% Airbnb Rental Income: $1275 Traditional Rental Income: $1846 Airbnb ROI: 0.33% Traditional ROI: 3.29%
124 HARBOUR HEIGHTS Lakehills, TX Stunning corner lot with hill country views and close proximity to waterfront slips. This ...	1 beds \| 1 baths \| 450 sq.ft.	$115,000	Airbnb cash on cash: 3.61% Traditional cash on cash: 6.44% Airbnb Rental Income: $1266 Traditional Rental Income: $1180 Airbnb ROI: 3.61% Traditional ROI: 6.44%
160 JONES BEACH DR Lakehills, TX Gorgeously remodeled lakehouse on Pebble Beach, featuring 3 beds and 2 baths in 1268 squar...	3 beds \| 2 baths \| 1,236 sq.ft.	$370,000	Airbnb cash on cash: 0% Traditional cash on cash: 1.78% Airbnb Rental Income: $1275 Traditional Rental Income: $1491 Airbnb ROI: 0% Traditional ROI: 1.78%
155 Cherokee Trl Lakehills, TX RATE BUY DOWNSELLER WILL PAY $5000 OF BUYERS CLOSING COST**LAKE MEDINA HOME!!! COU...	3 beds \| 2 baths \| 1,870 sq.ft.	$224,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 6.2% Airbnb Rental Income: $1275 Traditional Rental Income: $1886 Airbnb ROI: 1.42% Traditional ROI: 6.2%
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.	$524,995	Airbnb cash on cash: 6.14% Traditional cash on cash: 2.78% Airbnb Rental Income: $5354 Traditional Rental Income: $2621 Airbnb ROI: 6.14% Traditional ROI: 2.78%
12501 PARK ROAD 37 Lakehills, TX Experience the charm of this beautifully remodeled lake house, blending elegance and comfo...	3 beds \| 1 baths \| 1,758 sq.ft.	$645,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.57% Airbnb Rental Income: $1275 Traditional Rental Income: $1676 Airbnb ROI: -0.77% Traditional ROI: 0.57%
1190 NORTHLAKE DR Lakehills, TX This beautiful waterfront property offers a serene lifestyle in a quiet, peaceful setting....	3 beds \| 2 baths \| 2,035 sq.ft.	$464,900	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.66% Airbnb Rental Income: $1275 Traditional Rental Income: $1996 Airbnb ROI: -0.91% Traditional ROI: 1.66%
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.	$458,500	Airbnb cash on cash: -0.69% Traditional cash on cash: 2.01% Airbnb Rental Income: $1275 Traditional Rental Income: $2031 Airbnb ROI: -0.69% Traditional ROI: 2.01%
350 WHITE BASS DR Lakehills, TX Imagine a charming country home designed to blend rustic elegance with modern comfort. Thi...	3 beds \| 2 baths \| 2,070 sq.ft.	$399,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.78% Airbnb Rental Income: $1275 Traditional Rental Income: $1921 Airbnb ROI: -0.02% Traditional ROI: 2.78%
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.	$235,000	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%
221 Deer Oaks Dr Lakehills, TX Welcome to the Texas Hill Country! This brand-new 3 bed, 2 bath home offers 2,457 sq ft of...	3 beds \| 2 baths \| 2,048 sq.ft.	$539,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 2.12% Airbnb Rental Income: $1275 Traditional Rental Income: $2101 Airbnb ROI: -0.32% Traditional ROI: 2.12%
259 PARK DR Lakehills, TX Bring all offers! Welcome to your serene getaway in the Heart of the Texas Hill Country! G...	2 beds \| 2 baths \| 1,792 sq.ft.	$210,000	Airbnb cash on cash: 2.53% Traditional cash on cash: 5.4% Airbnb Rental Income: $1784 Traditional Rental Income: $1870 Airbnb ROI: 2.53% Traditional ROI: 5.4%
159 MISSISSIPPI AVE Lakehills, TX Charming home situated on a generous 0.62-acre fenced lot. The beautiful kitchen features ...	2 beds \| 2 baths \| 1,440 sq.ft.	$229,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 4.67% Airbnb Rental Income: $1784 Traditional Rental Income: $1639 Airbnb ROI: 3.1% Traditional ROI: 4.67%
269 Angel Drive Lakehills, TX Absolutely charming tiny home! Bright and breezy, this space is filled with natural light ...	1 beds \| 1 baths \| 552 sq.ft.	$99,750	Airbnb cash on cash: 6.3% Traditional cash on cash: 9.28% Airbnb Rental Income: $1266 Traditional Rental Income: $1155 Airbnb ROI: 6.3% Traditional ROI: 9.28%
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.	$299,995	Airbnb cash on cash: 7.66% Traditional cash on cash: 7.05% Airbnb Rental Income: $3901 Traditional Rental Income: $2890 Airbnb ROI: 7.66% Traditional ROI: 7.05%
242 SCENIC SMT Lakehills, TX MOTIVATED SELLER Welcome to your perfect retreat! This stunning home offers breath...	3 beds \| 4 baths \| 2,921 sq.ft.	$394,000	Airbnb cash on cash: 0.06% Traditional cash on cash: 4.76% Airbnb Rental Income: $1275 Traditional Rental Income: $2607 Airbnb ROI: 0.06% Traditional ROI: 4.76%
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.	$254,900	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.69% Airbnb Rental Income: $1275 Traditional Rental Income: $1777 Airbnb ROI: 1.94% Traditional ROI: 5.69%
114 deer oaks Lakehills, TX New vinyl plank flooring and new carpet just installed in August! Welcome to your dream c...	3 beds \| 2 baths \| 1,832 sq.ft.	$315,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.99% Airbnb Rental Income: $1275 Traditional Rental Income: $1899 Airbnb ROI: 0.53% Traditional ROI: 3.99%
1551 Pebble Beach Lakehills, TX Welcome to your perfect lakeside retreat! Located in the sought-after Pebble Beach subdivi...	3 beds \| 3 baths \| 2,884 sq.ft.	$575,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.32% Airbnb Rental Income: $1275 Traditional Rental Income: $2027 Airbnb ROI: -0.83% Traditional ROI: 1.32%
122 Hi View Lakehills, TX BEAUTIFUL NEW HOME CONSTRUCTION-** Seller offering up to $5000 towards buyers closing cost...	3 beds \| 3 baths \| 1,841 sq.ft.	$343,900	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.76% Airbnb Rental Income: $1275 Traditional Rental Income: $2002 Airbnb ROI: 1.26% Traditional ROI: 4.76%
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: 1.52% Traditional cash on cash: 2.42% Airbnb Rental Income: $1784 Traditional Rental Income: $1582 Airbnb ROI: 1.52% Traditional ROI: 2.42%
272 White Bass Dr Lakehills, TX Nestled in Pebble Beach near the scenic shores of Medina Lake, this meticulously maintaine...	3 beds \| 3 baths \| 1,902 sq.ft.	$360,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.36% Airbnb Rental Income: $1275 Traditional Rental Income: $1916 Airbnb ROI: 0.27% Traditional ROI: 3.36%
12151 Park Road 37 Lakehills, TX WOW! If you're searching for a peaceful & serene get-a-way or your new permanent residence...	1 beds \| 1 baths \| 700 sq.ft.	$115,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 6.66% Airbnb Rental Income: $1266 Traditional Rental Income: $1031 Airbnb ROI: 5.17% Traditional ROI: 6.66%
346 Rainbow Drive Lakehills, TX This charming home is beautifully nestled beneath large, shady oak trees. Set back peacefu...	2 beds \| 2 baths \| 1,132 sq.ft.	$268,500	Airbnb cash on cash: 3.03% Traditional cash on cash: 3.54% Airbnb Rental Income: $1784 Traditional Rental Income: $1429 Airbnb ROI: 3.03% Traditional ROI: 3.54%
753 Upland Road Lakehills, TX Charming 1.51-acre corner lot with beautiful Hill Country views & Medina lake access. This...	3 beds \| 2 baths \| 1,440 sq.ft.	$165,000	Airbnb cash on cash: 3% Traditional cash on cash: 7.34% Airbnb Rental Income: $1275 Traditional Rental Income: $1556 Airbnb ROI: 3% Traditional ROI: 7.34%
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.	$989,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.88% Airbnb Rental Income: $5354 Traditional Rental Income: $5327 Airbnb ROI: 2.74% Traditional ROI: 3.88%
300 Hill Crest Lakehills, TX Newly Renovated * A Must See!! Quite-Tranquility & Peaceful- ONE OF A KIND! You will...	3 beds \| 2 baths \| 1,466 sq.ft.	$259,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 4.68% Airbnb Rental Income: $1275 Traditional Rental Income: $1640 Airbnb ROI: 1.55% Traditional ROI: 4.68%
125 Northlake Lakehills, TX Perched atop a scenic hill overlooking Medina Lake, this stunning home is the ultimate Hil...	4 beds \| 5 baths \| 4,296 sq.ft.	$989,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.76% Airbnb Rental Income: $5354 Traditional Rental Income: $5213 Airbnb ROI: 2.74% Traditional ROI: 3.76%
961 Brushy Creek Lakehills, TX Enjoy your morning coffee from the expansive front porch or the peaceful, covered back pat...	4 beds \| 2 baths \| 2,356 sq.ft.	$414,900	Airbnb cash on cash: 9.08% Traditional cash on cash: 3.06% Airbnb Rental Income: $5354 Traditional Rental Income: $1933 Airbnb ROI: 9.08% Traditional ROI: 3.06%
267 Angel Dr Lakehills, TX A Must-See 3 Bed, 2 Bath Home Near Medina Lake! Nestled on approximately 0.8 acres, this b...	3 beds \| 2 baths \| 2,275 sq.ft.	$360,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.14% Airbnb Rental Income: $1275 Traditional Rental Income: $2205 Airbnb ROI: 1.2% Traditional ROI: 5.14%
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.	$319,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 2.91% Airbnb Rental Income: $1266 Traditional Rental Income: $1624 Airbnb ROI: 0.38% Traditional ROI: 2.91%
2580 goat hill Lakehills, TX OWNER FINANCING AVAILABLE! Enjoy a beautiful drive into the Hill Country as you pull into...	4 beds \| 3 baths \| 2,510 sq.ft.	$549,000	Airbnb cash on cash: 6.12% Traditional cash on cash: 2.56% Airbnb Rental Income: $5354 Traditional Rental Income: $2446 Airbnb ROI: 6.12% Traditional ROI: 2.56%

Real Estate investment in Lakehills, TX

There are 47 properties for sale in the city of Lakehills . The median list price in Lakehills is $344,450 and the average price per square foot is $191. In October 2025, the average monthly cash on cash return in Lakehills is 3.00%. The average monthly rental income in Lakehills is $1,805.

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

There are 47 investment properties available for sale in Lakehills.

In 2025, 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 $1,805.

Your search for investment property begins and ends here

Investment Property for Sale in Lakehills, TX

232 Angel Drive

Lakehills, TX

2 beds | 1 baths | 1,100 sq.ft.

$215,000

Airbnb cash on cash: 3.05%

Traditional cash on cash: 2.99%

Airbnb Rental Income: $1784

Traditional Rental Income: $1285

Airbnb ROI: 3.05%

Traditional ROI: 2.99%

171 SUNSET DRIVE

Lakehills, TX

1 beds | 1 baths | 560 sq.ft.

$149,995

Airbnb cash on cash: 2.89%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $1266

Traditional Rental Income: $859

Airbnb ROI: 2.89%

Traditional ROI: 2.84%

104 DOROTHY ST

Lakehills, TX

3 beds | 2 baths | 1,526 sq.ft.

$336,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 3.09%

Airbnb Rental Income: $1275

Traditional Rental Income: $1721

Airbnb ROI: 0.41%

Traditional ROI: 3.09%

806 BLUE BILL COVE DR

Lakehills, TX

2 beds | 3 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%

892 Pebble Beach Dr NW

Lakehills, TX

2 beds | 1 baths | 792 sq.ft.

$265,000

Airbnb cash on cash: 2.71%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $1784

Traditional Rental Income: $878

Airbnb ROI: 2.71%

Traditional ROI: 1.03%

10406 Park Road 37

Lakehills, TX

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

$570,000

Airbnb cash on cash: 0.1%

Traditional cash on cash: 0.82%

Airbnb Rental Income: $1784

Traditional Rental Income: $1677

Airbnb ROI: 0.1%

Traditional ROI: 0.82%

914 PEBBLE BEACH DR

Lakehills, TX

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

$350,000

Airbnb cash on cash: 1.46%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $1784

Traditional Rental Income: $1624

Airbnb ROI: 1.46%

Traditional ROI: 2.45%

592 Lakepark Dr

Lakehills, TX

4 beds | 3 baths | 2,875 sq.ft.

$599,000

Airbnb cash on cash: 5.02%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $5354

Traditional Rental Income: $2408

Airbnb ROI: 5.02%