Real Estate Investment Properties for Sale in Llano, TX

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8740 W Hwy 29 Llano, TX Views, This charming 49 acre parcel has scenic views from the homes. Two homes are locat...	4 beds \| 2 baths \| 3,807 sq.ft.	$1,300,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 0.21% Airbnb Rental Income: $1421 Traditional Rental Income: $2023 Airbnb ROI: -0.64% Traditional ROI: 0.21%
19811 Ranch Road 152 Llano, TX This is more than real estate - It's your life change! In a world that moves to fast here'...	3 beds \| 4 baths \| 2,716 sq.ft.	$1,675,000	Airbnb cash on cash: -1.97% Traditional cash on cash: -0.64% Airbnb Rental Income: $1866 Traditional Rental Income: $3436 Airbnb ROI: -1.97% Traditional ROI: -0.64%
177 -- Chesterfield Llano, TX Beautiful new 3/2 custom all Electric home by Clay Lane Homes on Lighthouse Golf course. I...	3 beds \| 2 baths \| 1,880 sq.ft.	$549,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.6% Airbnb Rental Income: $1866 Traditional Rental Income: $1983 Airbnb ROI: 0.39% Traditional ROI: 1.6%
900 E WALLACE Llano, TX NICE CORNER LOTS IN GOOD AREA. UP-DATED 3/2/ HOME, BONUS /STUDY ROOM. NICE SPACIOUS KIT...	3 beds \| 2 baths \| 1,508 sq.ft.	$349,500	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.53% Airbnb Rental Income: $1866 Traditional Rental Income: $1837 Airbnb ROI: 1.1% Traditional ROI: 2.53%
1107 E Brown Street Llano, TX Discover the charm of Llano with this fully renovated duplex! Nestled in the heart of Lla...	3 beds \| 3 baths \| 1,743 sq.ft.	$340,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 5.51% Airbnb Rental Income: $1866 Traditional Rental Income: $2288 Airbnb ROI: 2.62% Traditional ROI: 5.51%
1007 E Wallace Llano, TX Charming Contemporary Home â Move-In Ready! Welcome to this remodeled 3-bedroom, 2-bath...	3 beds \| 2 baths \| 1,629 sq.ft.	$259,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 3.66% Airbnb Rental Income: $1866 Traditional Rental Income: $1666 Airbnb ROI: 2.43% Traditional ROI: 3.66%
127 -- Offer Lane Llano, TX Set on over 10 scenic acres, this stylish white rock ranch home offers a perfect mix of ru...	2 beds \| 2 baths \| 1,075 sq.ft.	$439,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.7% Airbnb Rental Income: $900 Traditional Rental Income: $1316 Airbnb ROI: -0.14% Traditional ROI: 1.7%
609 W Leon Llano, TX Stunning Barndominium on Llano's Northside - 2,368 sq ft \| 2 Bed/2 Bath \| 0.61 Acres. Dis...	2 beds \| 2 baths \| 2,368 sq.ft.	$344,900	Airbnb cash on cash: -1.33% Traditional cash on cash: 3.04% Airbnb Rental Income: $900 Traditional Rental Income: $1978 Airbnb ROI: -1.33% Traditional ROI: 3.04%
171 County Road 117 Llano, TX HILL COUNTRY VIEWS! This peaceful 10-acre Hill Country haven features a Main Home, three h...	3 beds \| 2 baths \| 2,490 sq.ft.	$799,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 1.01% Airbnb Rental Income: $1866 Traditional Rental Income: $1753 Airbnb ROI: 0.49% Traditional ROI: 1.01%
105 -- Elmer Rd Llano, TX 1.2 acres with almost new home (built in 2021) with Llano river access. About 12 minutes f...	2 beds \| 2 baths \| 896 sq.ft.	$499,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 1.81% Airbnb Rental Income: $900 Traditional Rental Income: $1606 Airbnb ROI: -0.43% Traditional ROI: 1.81%
243 E Flag Creek Ranch Rd Llano, TX Discover the ultimate in family living with this 2.75-acre ranchette with multiple living ...	4 beds \| 3 baths \| 5,400 sq.ft.	$799,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 1.66% Airbnb Rental Income: $1421 Traditional Rental Income: $2514 Airbnb ROI: -0.38% Traditional ROI: 1.66%
1111 -- Ford St Llano, TX Great Commercial location. Old Shotgun house on 3 lots plenty of room to build a new buil...	1 beds \| 1 baths \| 11,760 sq.ft.	$249,900	Airbnb cash on cash: 0.49% Traditional cash on cash: 2.61% Airbnb Rental Income: $953 Traditional Rental Income: $1107 Airbnb ROI: 0.49% Traditional ROI: 2.61%
207 E WALLACE Llano, TX WALKING DISTANCE TO HISTORICAL LLANO , HISTORICAL SQUARE & BEAUTIFUL LLANO RIVER. GREAT ...	2 beds \| 2 baths \| 1,260 sq.ft.	$449,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.53% Airbnb Rental Income: $900 Traditional Rental Income: $1871 Airbnb ROI: -0.58% Traditional ROI: 2.53%
1109 Ford Street Llano, TX Unique 1930 home that is in need of a full remodel, large yard, fully open Lot to the Nort...	2 beds \| 2 baths \| 1,342 sq.ft.	$449,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 2.96% Airbnb Rental Income: $900 Traditional Rental Income: $1930 Airbnb ROI: -0.29% Traditional ROI: 2.96%
301 E Sandstone Llano, TX Just three blocks from downtown Llano, this beautifully remodeled 4-bedroom, 3-bath Crafts...	4 beds \| 3 baths \| 2,132 sq.ft.	$369,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 3.24% Airbnb Rental Income: $1421 Traditional Rental Income: $2177 Airbnb ROI: -0.18% Traditional ROI: 3.24%
610 Flag Creek Drive Drive Llano, TX Beautifully rebuilt in 2021, this high-quality two-story home on peaceful Flag Creek Drive...	3 beds \| 3 baths \| 1,914 sq.ft.	$599,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.86% Airbnb Rental Income: $1866 Traditional Rental Income: $2529 Airbnb ROI: 0.78% Traditional ROI: 2.86%
384 Wild Oak Drive Llano, TX Hill Country acreage with a 2 bedroom/1 bathroom site-built home. The 3.47 acres features...	2 beds \| 1 baths \| 802 sq.ft.	$299,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.94% Airbnb Rental Income: $900 Traditional Rental Income: $1314 Airbnb ROI: 0.27% Traditional ROI: 2.94%
132 Offer Lane Llano, TX Texas Hill Country Homestead on 10 Park-Like Acres! Site-built home, guest cabin, large ga...	3 beds \| 2 baths \| 2,534 sq.ft.	$624,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 2.7% Airbnb Rental Income: $1866 Traditional Rental Income: $2546 Airbnb ROI: 0.68% Traditional ROI: 2.7%
305 W Tarrant Street Llano, TX This lovingly restored 1890s cottage blends vintage charm with modern comforts just steps ...	2 beds \| 1 baths \| 668 sq.ft.	$280,000	Airbnb cash on cash: -1% Traditional cash on cash: 2.01% Airbnb Rental Income: $900 Traditional Rental Income: $1356 Airbnb ROI: -1% Traditional ROI: 2.01%
4746 W HWY 29 Llano, TX Welcome to your own slice of the Texas Hill Country! This 5.37-acre property offers a peac...	2 beds \| 2 baths \| 1,171 sq.ft.	$320,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 3.35% Airbnb Rental Income: $900 Traditional Rental Income: $1936 Airbnb ROI: -1.22% Traditional ROI: 3.35%
704 Sheffield Avenue Llano, TX	1 beds \| 1 baths \| 770 sq.ft.	$175,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 3.06% Airbnb Rental Income: $953 Traditional Rental Income: $1064 Airbnb ROI: 0.3% Traditional ROI: 3.06%
806 E Brown Street Llano, TX Brand new build! This adorable home is in the heart of Llano in a quiet neighborhood. Feat...	3 beds \| 2 baths \| 1,198 sq.ft.	$239,000	Airbnb cash on cash: 2.86% Traditional cash on cash: 3.31% Airbnb Rental Income: $1866 Traditional Rental Income: $1468 Airbnb ROI: 2.86% Traditional ROI: 3.31%
905 E Brown Street Llano, TX Motivated Seller!! This beautifully updated 4-bedroom, 2-bathroom custom home is perfect f...	4 beds \| 2 baths \| 1,680 sq.ft.	$320,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 4.06% Airbnb Rental Income: $1421 Traditional Rental Income: $1921 Airbnb ROI: 0.98% Traditional ROI: 4.06%
409 W Wallace Llano, TX Two bedroom, one bath home with a bonus room that could be an extra bedroom. Home is situa...	2 beds \| 1 baths \| 1,441 sq.ft.	$180,000	Airbnb cash on cash: 0.59% Traditional cash on cash: 4.88% Airbnb Rental Income: $900 Traditional Rental Income: $1296 Airbnb ROI: 0.59% Traditional ROI: 4.88%
106 Bobcat Trail Llano, TX Great new build home less than a mile from center of city, yet right outside of city-limit...	3 beds \| 2 baths \| 1,794 sq.ft.	$499,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 1.53% Airbnb Rental Income: $1866 Traditional Rental Income: $2108 Airbnb ROI: -0.06% Traditional ROI: 1.53%
211 E Hwy 29 Llano, TX Big Price Drop â Rare Llano River Retreat! Dreaming of your own slice of the Texas Hill ...	2 beds \| 1 baths \| 1,396 sq.ft.	$449,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.65% Airbnb Rental Income: $900 Traditional Rental Income: $1349 Airbnb ROI: -0.22% Traditional ROI: 1.65%
110 -- Llano Oaks Dr Llano, TX Rare chance to own a home in the quiet, beautiful Llano Oaks neighborhood! This sprawling ...	3 beds \| 3 baths \| 2,429 sq.ft.	$475,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.15% Airbnb Rental Income: $1866 Traditional Rental Income: $2310 Airbnb ROI: 1.03% Traditional ROI: 3.15%
110 Llano Oaks Street Llano, TX Rare chance to own a home in the quiet, beautiful Llano Oaks neighborhood! This sprawling ...	3 beds \| 3 baths \| 2,429 sq.ft.	$475,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.13% Airbnb Rental Income: $1866 Traditional Rental Income: $2279 Airbnb ROI: 0.08% Traditional ROI: 2.13%
1108 Ashley Llano, TX Immaculate 3/2 Home with Detached 1/1 Guest House on Corner Lot! Nestled in a highly desir...	4 beds \| 3 baths \| 1,880 sq.ft.	$285,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.85% Airbnb Rental Income: $1421 Traditional Rental Income: $2023 Airbnb ROI: 2.02% Traditional ROI: 5.85%
1005 Elm Llano, TX Quaint cottage with detached studio located in a coveted Llano neighborhood! This 2-bedroo...	3 beds \| 2 baths \| 967 sq.ft.	$240,000	Airbnb cash on cash: 2.84% Traditional cash on cash: 3.11% Airbnb Rental Income: $1866 Traditional Rental Income: $1427 Airbnb ROI: 2.84% Traditional ROI: 3.11%
409 E Main St Llano, TX This historic 1904 home blends classic charm with modern luxury, set on nearly 4 acres of ...	4 beds \| 5 baths \| 3,036 sq.ft.	$2,500,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.61% Airbnb Rental Income: $1421 Traditional Rental Income: $4914 Airbnb ROI: -1.08% Traditional ROI: 0.61%
202 W Rio Llano Drive Llano, TX Charming 5-Acre Property with Main House, Guest House, and Outbuildings This meticulously...	3 beds \| 3 baths \| 2,234 sq.ft.	$619,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 0.98% Airbnb Rental Income: $1866 Traditional Rental Income: $2272 Airbnb ROI: -0.58% Traditional ROI: 0.98%
1309 E Brown Street Llano, TX Are you looking for a property in town with a country feel? Come see this Hill Country ran...	3 beds \| 2 baths \| 1,890 sq.ft.	$329,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 4.17% Airbnb Rental Income: $1866 Traditional Rental Income: $1851 Airbnb ROI: 2.6% Traditional ROI: 4.17%
509 E Austin Street Llano, TX This adorable 2-bedroom, 1 bath home sits on four spacious lots, offering plenty of room t...	2 beds \| 1 baths \| 964 sq.ft.	$168,500	Airbnb cash on cash: 1.54% Traditional cash on cash: 4.53% Airbnb Rental Income: $900 Traditional Rental Income: $1041 Airbnb ROI: 1.54% Traditional ROI: 4.53%
5830 N State Hwy 16 Llano, TX A beautiful ranch less than 5 miles north of Llano off of Hwy 16. The ranch has much to of...	2 beds \| 2 baths \| 1,400 sq.ft.	$1,249,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 0.1% Airbnb Rental Income: $900 Traditional Rental Income: $1607 Airbnb ROI: -0.8% Traditional ROI: 0.1%
2283 CR 103 Llano, TX Almost 500 feet of Llano River waterfront! Just 15 minutes west of Llano, next to the cle...	2 beds \| 1 baths \| 768 sq.ft.	$475,000	Airbnb cash on cash: -1.73% Traditional cash on cash: -0.1% Airbnb Rental Income: $900 Traditional Rental Income: $1288 Airbnb ROI: -1.73% Traditional ROI: -0.1%
5830 N Hwy 16 Llano, TX A beautiful ranch less than 5 miles north of Llano off of Hwy 16. The ranch has much to of...	2 beds \| 2 baths \| 1,400 sq.ft.	$1,249,000	Airbnb cash on cash: -1.6% Traditional cash on cash: -0.6% Airbnb Rental Income: $900 Traditional Rental Income: $1714 Airbnb ROI: -1.6% Traditional ROI: -0.6%
1205 Ford Street Llano, TX Very cute house built in 1930. Has Heat & AC, carport, nice big backyard & very nice trees...	2 beds \| 1 baths \| 1,264 sq.ft.	$189,500	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.31% Airbnb Rental Income: $900 Traditional Rental Income: $1575 Airbnb ROI: 0.68% Traditional ROI: 6.31%
2340 E US Highway 71 Llano, TX UNRESTRICTED, MULTI-USE, AG VALUATION RANCH WITH HIGHWAY 71 FRONTAGE! NEW WELL REPORT, 8-9...	3 beds \| 3 baths \| 2,280 sq.ft.	$764,000	Airbnb cash on cash: -1% Traditional cash on cash: 0.2% Airbnb Rental Income: $1866 Traditional Rental Income: $2218 Airbnb ROI: -1% Traditional ROI: 0.2%
1709 Flag Street Llano, TX Almost an acre of land with a beautifully remodeled home right in town! Land is surveyed ...	3 beds \| 3 baths \| 1,776 sq.ft.	$229,000	Airbnb cash on cash: 4.6% Traditional cash on cash: 6.26% Airbnb Rental Income: $1866 Traditional Rental Income: $1726 Airbnb ROI: 4.6% Traditional ROI: 6.26%

Real Estate investment in Llano, TX

There are 59 properties for sale in the city of Llano . The median list price in Llano is $375,000 and the average price per square foot is $195. In October 2025, the average monthly cash on cash return in Llano is 3.00%. The average monthly rental income in Llano is $1,837.

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

There are 59 investment properties available for sale in Llano.

In 2025, the best neighborhood to buy investment property is Llano.

The ROI for Short-Term is higher than the Long-Term in Llano with average rental income of $1,421.

Your search for investment property begins and ends here

Investment Property for Sale in Llano, TX

8740 W Hwy 29

Llano, TX

4 beds | 2 baths | 3,807 sq.ft.

$1,300,000

Airbnb cash on cash: -0.64%

Traditional cash on cash: 0.21%

Airbnb Rental Income: $1421

Traditional Rental Income: $2023

Airbnb ROI: -0.64%

Traditional ROI: 0.21%

19811 Ranch Road 152

Llano, TX

3 beds | 4 baths | 2,716 sq.ft.

$1,675,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: -0.64%

Airbnb Rental Income: $1866

Traditional Rental Income: $3436

Airbnb ROI: -1.97%

Traditional ROI: -0.64%

177 -- Chesterfield

Llano, TX

3 beds | 2 baths | 1,880 sq.ft.

$549,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1866

Traditional Rental Income: $1983

Airbnb ROI: 0.39%

Traditional ROI: 1.6%

900 E WALLACE

Llano, TX

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

$349,500

Airbnb cash on cash: 1.1%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $1866

Traditional Rental Income: $1837

Airbnb ROI: 1.1%

Traditional ROI: 2.53%

1107 E Brown Street

Llano, TX

3 beds | 3 baths | 1,743 sq.ft.

$340,000

Airbnb cash on cash: 2.62%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $1866

Traditional Rental Income: $2288

Airbnb ROI: 2.62%

Traditional ROI: 5.51%

1007 E Wallace

Llano, TX

3 beds | 2 baths | 1,629 sq.ft.

$259,000

Airbnb cash on cash: 2.43%

Traditional cash on cash: 3.66%

Airbnb Rental Income: $1866

Traditional Rental Income: $1666

Airbnb ROI: 2.43%

Traditional ROI: 3.66%

127 -- Offer Lane

Llano, TX

2 beds | 2 baths | 1,075 sq.ft.

$439,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $900

Traditional Rental Income: $1316

Airbnb ROI: -0.14%

Traditional ROI: 1.7%

609 W Leon

Llano, TX

2 beds | 2 baths | 2,368 sq.ft.

$344,900

Airbnb cash on cash: -1.33%

Traditional cash on cash: 3.04%

Airbnb Rental Income: $900

Traditional Rental Income: $1978

Airbnb ROI: -1.33%