Real Estate Investment Properties for Sale in Leonard, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5732 Emilia Way Leonard, TX BEAUTIFULLY RENOVATED HOME was recently relocated to this newly developed area to be aka R...	3 beds \| 2 baths \| 1,290 sq.ft.	$550,000	Airbnb cash on cash: 2.98% Traditional cash on cash: 0.23% Airbnb Rental Income: $3892 Traditional Rental Income: $1644 Airbnb ROI: 2.98% Traditional ROI: 0.23%
8677 Fm 1553 Leonard, TX Seize an exceptional opportunity in growing city of Leonard. This property boasts a LIKE N...	4 beds \| 3 baths \| 3,075 sq.ft.	$530,000	Airbnb cash on cash: 6.5% Traditional cash on cash: 2.73% Airbnb Rental Income: $4873 Traditional Rental Income: $2006 Airbnb ROI: 6.5% Traditional ROI: 2.73%
TBD County Road 1143 Leonard, TX Completed by the end of 2020	N/A beds \| N/A baths \| 2,001 sq.ft.	$492,261	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.75% Airbnb Rental Income: $1779 Traditional Rental Income: $1719 Airbnb ROI: -0.18% Traditional ROI: 0.75%
1445 Fm 896 Leonard, TX This 4.256 acre property is a great multi-use property. It is located on the corner of Hwy...	3 beds \| 2 baths \| 2,184 sq.ft.	$800,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 0.14% Airbnb Rental Income: $3892 Traditional Rental Income: $2276 Airbnb ROI: 1.18% Traditional ROI: 0.14%
1102 N Main St Leonard, TX One owner home MOVE IN READY in the little big town of Leonard!! Three bedrooms with a sp...	3 beds \| 2 baths \| 1,483 sq.ft.	$259,900	Airbnb cash on cash: 9.3% Traditional cash on cash: 3.21% Airbnb Rental Income: $3892 Traditional Rental Income: $1562 Airbnb ROI: 9.3% Traditional ROI: 3.21%
110 E Houston St Leonard, TX Come and fall in love with this beautiful Craftsman style home! This home is over 100 year...	2 beds \| 1 baths \| 1,384 sq.ft.	$322,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 2.37% Airbnb Rental Income: $2734 Traditional Rental Income: $1656 Airbnb ROI: 3.8% Traditional ROI: 2.37%
1005 N Oak St Leonard, TX Move in Ready and Cute as can be. Perfect for a first time home buyer or an investor looki...	2 beds \| 1 baths \| 864 sq.ft.	$188,000	Airbnb cash on cash: 8.4% Traditional cash on cash: 3% Airbnb Rental Income: $2734 Traditional Rental Income: $1123 Airbnb ROI: 8.4% Traditional ROI: 3%
308 E Houston St Leonard, TX Brand new construction in the Leonard School District. An open floor plan, cathedral ceili...	3 beds \| 2 baths \| 1,396 sq.ft.	$288,000	Airbnb cash on cash: 8.14% Traditional cash on cash: 2.62% Airbnb Rental Income: $3892 Traditional Rental Income: $1557 Airbnb ROI: 8.14% Traditional ROI: 2.62%
291 County Road 4833 Leonard, TX This beautiful custom home, built by Dorethy Design Group, is designed for your most enjoy...	4 beds \| 3 baths \| 2,618 sq.ft.	$550,000	Airbnb cash on cash: 6.35% Traditional cash on cash: 2.99% Airbnb Rental Income: $4873 Traditional Rental Income: $2143 Airbnb ROI: 6.35% Traditional ROI: 2.99%
1094 County Road 4850 Leonard, TX THE SELLER IS OFFERING A $10,000 CREDIT AT CLOSING TO HELP REDUCE YOUR CLOSING COSTS OR BU...	4 beds \| 3 baths \| 2,463 sq.ft.	$540,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 3.34% Airbnb Rental Income: $4873 Traditional Rental Income: $2541 Airbnb ROI: 5.97% Traditional ROI: 3.34%
308 E Cottonwood St Leonard, TX Ranch Style house close to schools, Highways, and restaurants in Leonard. Freshly painted ...	3 beds \| 2 baths \| 1,561 sq.ft.	$262,000	Airbnb cash on cash: 9.81% Traditional cash on cash: 5.15% Airbnb Rental Income: $3892 Traditional Rental Income: $1902 Airbnb ROI: 9.81% Traditional ROI: 5.15%
3954 County Road 1141 Leonard, TX Beautiful Estate that features a well cared for and maintained 1476 Sqft home with 2 Beds ...	2 beds \| 2 baths \| 1,476 sq.ft.	$725,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 1.38% Airbnb Rental Income: $2734 Traditional Rental Income: $1801 Airbnb ROI: 1.81% Traditional ROI: 1.38%
1004 Palamino Dr Leonard, TX NEW ROOF 6-14-2024. Option to purchase ADDITIONAL LOT on the East side, agents see Private...	4 beds \| 3 baths \| 2,160 sq.ft.	$389,000	Airbnb cash on cash: 7.58% Traditional cash on cash: 3.8% Airbnb Rental Income: $4873 Traditional Rental Income: $2495 Airbnb ROI: 7.58% Traditional ROI: 3.8%
1484 County Road 4910 Leonard, TX 1484 County Road 4910, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 3,104 sq.ft.	$599,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 1.2% Airbnb Rental Income: $4873 Traditional Rental Income: $2326 Airbnb ROI: 3.96% Traditional ROI: 1.2%
405 Cobb Rd Leonard, TX 405 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,686 sq.ft.	$598,550	Airbnb cash on cash: 3.98% Traditional cash on cash: 1.29% Airbnb Rental Income: $4873 Traditional Rental Income: $2371 Airbnb ROI: 3.98% Traditional ROI: 1.29%
345 Cobb Rd Leonard, TX 345 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 2 baths \| 2,857 sq.ft.	$559,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 1.41% Airbnb Rental Income: $4873 Traditional Rental Income: $2288 Airbnb ROI: 4.44% Traditional ROI: 1.41%
330 Cobb Rd Leonard, TX 330 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	5 beds \| 4 baths \| 3,130 sq.ft.	$599,750	Airbnb cash on cash: N/A Traditional cash on cash: 2.14% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 2.14%
365 Cobb Rd Leonard, TX 365 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 3,412 sq.ft.	$639,875	Airbnb cash on cash: 3.54% Traditional cash on cash: 0.8% Airbnb Rental Income: $4873 Traditional Rental Income: $2237 Airbnb ROI: 3.54% Traditional ROI: 0.8%
345 Cofer Rd Leonard, TX 345 Cofer Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,686 sq.ft.	$599,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 1.29% Airbnb Rental Income: $4873 Traditional Rental Income: $2376 Airbnb ROI: 3.96% Traditional ROI: 1.29%
350 Cobb Rd Leonard, TX 350 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 3,104 sq.ft.	$599,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 1.19% Airbnb Rental Income: $4873 Traditional Rental Income: $2321 Airbnb ROI: 3.96% Traditional ROI: 1.19%
310 Cofer Rd Leonard, TX 310 Cofer Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,499 sq.ft.	$519,900	Airbnb cash on cash: 4.99% Traditional cash on cash: 1.73% Airbnb Rental Income: $4873 Traditional Rental Income: $2288 Airbnb ROI: 4.99% Traditional ROI: 1.73%
225 Cobb Rd Leonard, TX 225 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,891 sq.ft.	$529,900	Airbnb cash on cash: 4.84% Traditional cash on cash: 2.06% Airbnb Rental Income: $4873 Traditional Rental Income: $2495 Airbnb ROI: 4.84% Traditional ROI: 2.06%
245 Cobb Rd Leonard, TX 245 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,499 sq.ft.	$538,575	Airbnb cash on cash: 4.72% Traditional cash on cash: 1.58% Airbnb Rental Income: $4873 Traditional Rental Income: $2288 Airbnb ROI: 4.72% Traditional ROI: 1.58%
290 Cofer Rd Leonard, TX 290 Cofer Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,891 sq.ft.	$539,900	Airbnb cash on cash: 4.7% Traditional cash on cash: 1.88% Airbnb Rental Income: $4873 Traditional Rental Income: $2446 Airbnb ROI: 4.7% Traditional ROI: 1.88%
290 Cobb Rd Leonard, TX 290 Cobb Rd, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,499 sq.ft.	$559,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 1.4% Airbnb Rental Income: $4873 Traditional Rental Income: $2283 Airbnb ROI: 4.44% Traditional ROI: 1.4%
TBD County Road 1145 Leonard, TX TBD County Road 1145, Leonard, TX 75452 \| Other	N/A beds \| N/A baths \| N/A	$3,541,923	Airbnb cash on cash: -2.43% Traditional cash on cash: -2.67% Airbnb Rental Income: $1779 Traditional Rental Income: $500 Airbnb ROI: -2.43% Traditional ROI: -2.67%
TBD Us-69 Leonard, TX TBD Us-69, Colmesneil, TX 75452 \| Other	N/A beds \| N/A baths \| 650 sq.ft.	$279,000	Airbnb cash on cash: 1.79% Traditional cash on cash: -1.74% Airbnb Rental Income: $1779 Traditional Rental Income: $365 Airbnb ROI: 1.79% Traditional ROI: -1.74%
1512 County Road 4910 Leonard, TX 1512 County Road 4910, Leonard, TX 75452 \| Single Family Residential	4 beds \| 2 baths \| 2,857 sq.ft.	$589,900	Airbnb cash on cash: 4.07% Traditional cash on cash: 1.09% Airbnb Rental Income: $4873 Traditional Rental Income: $2229 Airbnb ROI: 4.07% Traditional ROI: 1.09%
120 Wagon Wheel Cir Leonard, TX 120 Wagon Wheel Cir, Leonard, TX 75452 \| Single Family Residential	4 beds \| 2 baths \| 2,607 sq.ft.	$594,500	Airbnb cash on cash: 4.02% Traditional cash on cash: 0.71% Airbnb Rental Income: $4873 Traditional Rental Income: $2033 Airbnb ROI: 4.02% Traditional ROI: 0.71%
245 County Road 4921 Leonard, TX 245 County Road 4921, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,000 sq.ft.	$594,000	Airbnb cash on cash: 4.03% Traditional cash on cash: 0.82% Airbnb Rental Income: $4873 Traditional Rental Income: $2095 Airbnb ROI: 4.03% Traditional ROI: 0.82%
312 E Cottonwood St Leonard, TX 312 E Cottonwood St, Leonard, TX 75452 \| Single Family Residential	3 beds \| 2 baths \| 2,006 sq.ft.	$269,000	Airbnb cash on cash: 8.89% Traditional cash on cash: 3.84% Airbnb Rental Income: $3892 Traditional Rental Income: $1772 Airbnb ROI: 8.89% Traditional ROI: 3.84%
12732 County Road 707 Leonard, TX 12732 County Road 707, Leonard, TX 75452 \| Single Family Residential	3 beds \| 2 baths \| 2,175 sq.ft.	$529,900	Airbnb cash on cash: 3.19% Traditional cash on cash: 1.13% Airbnb Rental Income: $3892 Traditional Rental Income: $2032 Airbnb ROI: 3.19% Traditional ROI: 1.13%
742 County Road 5060 Leonard, TX 742 County Road 5060, Leonard, TX 75452 \| Single Family Residential	3 beds \| 2 baths \| 2,066 sq.ft.	$784,900	Airbnb cash on cash: 1.26% Traditional cash on cash: -0.78% Airbnb Rental Income: $3892 Traditional Rental Income: $1564 Airbnb ROI: 1.26% Traditional ROI: -0.78%
14024 S State Highway 78 Leonard, TX 14024 S State Highway 78, Leonard, TX 75452 \| Single Family Residential	4 beds \| 2 baths \| 1,977 sq.ft.	$465,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 1.5% Airbnb Rental Income: $4873 Traditional Rental Income: $1960 Airbnb ROI: 5.9% Traditional ROI: 1.5%
1714 County Road 5035 Leonard, TX 1714 County Road 5035, Leonard, TX 75452 \| Single Family Residential	3 beds \| 2 baths \| 1,920 sq.ft.	$468,700	Airbnb cash on cash: 3.97% Traditional cash on cash: 1.27% Airbnb Rental Income: $3892 Traditional Rental Income: $1869 Airbnb ROI: 3.97% Traditional ROI: 1.27%
1709 Yahweh Leonard, TX 1709 Yahweh, Leonard, TX 75452 \| Single Family Residential	4 beds \| 2 baths \| 2,002 sq.ft.	$430,000	Airbnb cash on cash: 6.6% Traditional cash on cash: 1.78% Airbnb Rental Income: $4873 Traditional Rental Income: $1932 Airbnb ROI: 6.6% Traditional ROI: 1.78%
686 CR 4715 Rd Leonard, TX 686 CR 4715 Rd, Leonard, TX 75452 \| Single Family Residential	1 beds \| 1 baths \| 750 sq.ft.	$485,000	Airbnb cash on cash: 0.19% Traditional cash on cash: -0.29% Airbnb Rental Income: $1956 Traditional Rental Income: $1226 Airbnb ROI: 0.19% Traditional ROI: -0.29%
3829 FM 896 Leonard, TX 3829 Fm 896, Leonard, TX 75452 \| Single Family Residential	4 beds \| 3 baths \| 2,710 sq.ft.	$789,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 0.2% Airbnb Rental Income: $4873 Traditional Rental Income: $2292 Airbnb ROI: 2.35% Traditional ROI: 0.2%
Franklin Plan Leonard, TX Franklin Plan, Leonard, TX 75452 \| Single Family Residential	5 beds \| 2 baths \| 1,917 sq.ft.	$269,990	Airbnb cash on cash: N/A Traditional cash on cash: 4.21% Airbnb Rental Income: $null Traditional Rental Income: $1872 Airbnb ROI: N/A Traditional ROI: 4.21%
8501 Fm 1553 Leonard, TX 8501 Fm 1553, Leonard, TX 75452 \| Single Family Residential	3 beds \| 2 baths \| 2,500 sq.ft.	$4,250,000	Airbnb cash on cash: -2.04% Traditional cash on cash: -2.29% Airbnb Rental Income: $3892 Traditional Rental Income: $2064 Airbnb ROI: -2.04% Traditional ROI: -2.29%

Real Estate investment in Leonard, TX

There are 123 properties for sale in the city of Leonard . The median list price in Leonard is $234,859 and the average price per square foot is $106. In July 2026, the average monthly cash on cash return in Leonard is 2.00%. The average monthly rental income in Leonard is $1,665.

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

There are 123 investment properties available for sale in Leonard.

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

The ROI for Short-Term is higher than the Long-Term in Leonard with average rental income of $3,892.

Your search for investment property begins and ends here

Investment Property for Sale in Leonard, TX

5732 Emilia Way

Leonard, TX

3 beds | 2 baths | 1,290 sq.ft.

$550,000

Airbnb cash on cash: 2.98%

Traditional cash on cash: 0.23%

Airbnb Rental Income: $3892

Traditional Rental Income: $1644

Airbnb ROI: 2.98%

Traditional ROI: 0.23%

8677 Fm 1553

Leonard, TX

4 beds | 3 baths | 3,075 sq.ft.

$530,000

Airbnb cash on cash: 6.5%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $4873

Traditional Rental Income: $2006

Airbnb ROI: 6.5%

Traditional ROI: 2.73%

TBD County Road 1143

Leonard, TX

N/A beds | N/A baths | 2,001 sq.ft.

$492,261

Airbnb cash on cash: -0.18%

Traditional cash on cash: 0.75%

Airbnb Rental Income: $1779

Traditional Rental Income: $1719

Airbnb ROI: -0.18%

Traditional ROI: 0.75%

1445 Fm 896

Leonard, TX

3 beds | 2 baths | 2,184 sq.ft.

$800,000

Airbnb cash on cash: 1.18%

Traditional cash on cash: 0.14%

Airbnb Rental Income: $3892

Traditional Rental Income: $2276

Airbnb ROI: 1.18%

Traditional ROI: 0.14%

1102 N Main St

Leonard, TX

3 beds | 2 baths | 1,483 sq.ft.

$259,900

Airbnb cash on cash: 9.3%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $3892

Traditional Rental Income: $1562

Airbnb ROI: 9.3%

Traditional ROI: 3.21%

110 E Houston St

Leonard, TX

2 beds | 1 baths | 1,384 sq.ft.

$322,900

Airbnb cash on cash: 3.8%

Traditional cash on cash: 2.37%

Airbnb Rental Income: $2734

Traditional Rental Income: $1656

Airbnb ROI: 3.8%

Traditional ROI: 2.37%

1005 N Oak St

Leonard, TX

2 beds | 1 baths | 864 sq.ft.

$188,000

Airbnb cash on cash: 8.4%

Traditional cash on cash: 3%

Airbnb Rental Income: $2734

Traditional Rental Income: $1123

Airbnb ROI: 8.4%

Traditional ROI: 3%

308 E Houston St

Leonard, TX

3 beds | 2 baths | 1,396 sq.ft.

$288,000

Airbnb cash on cash: 8.14%

Traditional cash on cash: 2.62%

Airbnb Rental Income: $3892

Traditional Rental Income: $1557

Airbnb ROI: 8.14%