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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
116 County Road 117 Llano, TX 5.92 Acres with large custom home, in-ground pool, guest house, and more. This 2,800 sq ft...	5 beds \| 4 baths \| 3,616 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.09% Airbnb Rental Income: $null Traditional Rental Income: $2856 Airbnb ROI: N/A Traditional ROI: -0.09%
900 E WALLACE Llano, TX NICE CORNER LOTS IN GOOD AREA. UP-DATED 3/2/ HOME, BONUS /STUDY ROOM. NICE SPACIOUS KITCHE...	3 beds \| 2 baths \| 1,508 sq.ft.	$349,500	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.53% Airbnb Rental Income: $1524 Traditional Rental Income: $1837 Airbnb ROI: 0.23% Traditional ROI: 2.53%
1408 Ford Street Llano, TX Beautifully restored, historic craftsman style home in a prime location in Llano! The main...	3 beds \| 2 baths \| 1,464 sq.ft.	$350,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.29% Airbnb Rental Income: $1524 Traditional Rental Income: $1759 Airbnb ROI: 0.23% Traditional ROI: 2.29%
1101 E College Llano, TX Charming 3-Bedroom Home with Bonus Room in a Great Neighborhood This immaculate 3-bedroom,...	3 beds \| 1 baths \| 1,084 sq.ft.	$240,000	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.47% Airbnb Rental Income: $1524 Traditional Rental Income: $1736 Airbnb ROI: 1.58% Traditional ROI: 4.47%
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.	$479,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.93% Airbnb Rental Income: $979 Traditional Rental Income: $1606 Airbnb ROI: -0.26% Traditional ROI: 1.93%
1301 Ford Street Llano, TX Rare Llano gem in the heart of downtown within walking distance to the square! Available F...	4 beds \| 2 baths \| 2,026 sq.ft.	$515,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 2.79% Airbnb Rental Income: $1456 Traditional Rental Income: $2190 Airbnb ROI: 0.37% Traditional ROI: 2.79%
175 Elmer Llano, TX Situated on just over an acre on the Llano River you will find this peaceful retreat. The ...	2 beds \| 2 baths \| 800 sq.ft.	$495,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.15% Airbnb Rental Income: $979 Traditional Rental Income: $1347 Airbnb ROI: -0.41% Traditional ROI: 1.15%
208 W Luce Street Llano, TX Step into timeless charm with this beautifully updated custom Craftsman-style home, origin...	2 beds \| 2 baths \| 1,664 sq.ft.	$675,000	Airbnb cash on cash: -0.7% Traditional cash on cash: 1.63% Airbnb Rental Income: $979 Traditional Rental Income: $2094 Airbnb ROI: -0.7% Traditional ROI: 1.63%
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: 0.14% Traditional cash on cash: 2.65% Airbnb Rental Income: $1524 Traditional Rental Income: $2546 Airbnb ROI: 0.14% Traditional ROI: 2.65%
1005 Bayley Llano, TX Charming and Move-in Ready Duplex in a desirable Location. This beautifully remodeled dupl...	2 beds \| 2 baths \| 2,008 sq.ft.	$379,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 2.05% Airbnb Rental Income: $979 Traditional Rental Income: $1367 Airbnb ROI: -0.03% Traditional ROI: 2.05%
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.	$215,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.43% Airbnb Rental Income: $979 Traditional Rental Income: $1356 Airbnb ROI: -0.15% Traditional ROI: 3.43%
903 FLAG CREEK DR. Llano, TX GREAT SPACIOUS LIVING HERE. REMODLED TO A PERFECT 4/2 HOME PLUS OFFICE/STORAGE. THIS PLACE...	4 beds \| 2 baths \| 1,596 sq.ft.	$450,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 1% Airbnb Rental Income: $1456 Traditional Rental Income: $1689 Airbnb ROI: -0.57% Traditional ROI: 1%
708 Sheffield Avenue Llano, TX Enjoy your morning coffee while listening to the gentle sounds of the creek, relax in the ...	2 beds \| 2 baths \| 1,136 sq.ft.	$208,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 6.17% Airbnb Rental Income: $979 Traditional Rental Income: $1780 Airbnb ROI: 0.33% Traditional ROI: 6.17%
211 E Highway 29 Llano, TX This riverfront property features: A) 195 feet of easily accessible Llano River frontage. ...	2 beds \| 2 baths \| 1,396 sq.ft.	$345,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.44% Airbnb Rental Income: $979 Traditional Rental Income: $1349 Airbnb ROI: 0.21% Traditional ROI: 2.44%
110 Llano Oaks Drive Llano, TX Tucked away at the end of a peaceful cul-de-sac, this stunning rock home sits on a generou...	3 beds \| 3 baths \| 2,429 sq.ft.	$460,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 3.18% Airbnb Rental Income: $1524 Traditional Rental Income: $2310 Airbnb ROI: 0.32% Traditional ROI: 3.18%
603 E Ellis Street Llano, TX 2022 build on a huge corner lot! This beautiful custom home features 3 bedrooms & 3 baths ...	3 beds \| 3 baths \| 1,852 sq.ft.	$525,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 2.34% Airbnb Rental Income: $1524 Traditional Rental Income: $2074 Airbnb ROI: 0.32% Traditional ROI: 2.34%
2433 County Road 102 Llano, TX Perched above the scenic Llano River in the heart of the Castell area, this exceptional Hi...	2 beds \| 1 baths \| 864 sq.ft.	$749,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.24% Airbnb Rental Income: $979 Traditional Rental Income: $1144 Airbnb ROI: -0.5% Traditional ROI: 0.24%
791 Ranch Road 2323 Llano, TX Show stopping!!! Gorgeous Hill Country retreat with endless views on 16 +/- acres! This cu...	5 beds \| 5 baths \| 3,785 sq.ft.	$1,775,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.73% Airbnb Rental Income: $null Traditional Rental Income: $4640 Airbnb ROI: N/A Traditional ROI: 1.73%
1109 Ashley Avenue Llano, TX Welcome home to small-town America! This beautiful stone house, on well over half-an-acre,...	3 beds \| 2 baths \| 1,900 sq.ft.	$450,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 3.21% Airbnb Rental Income: $1524 Traditional Rental Income: $1915 Airbnb ROI: 1.23% Traditional ROI: 3.21%
604 Flag Creek Drive Llano, TX Tranquil, meticulous home nestled on peaceful Flag Creek! This home features 3 bedrooms & ...	3 beds \| 3 baths \| 1,708 sq.ft.	$499,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.68% Airbnb Rental Income: $1524 Traditional Rental Income: $1829 Airbnb ROI: 0.08% Traditional ROI: 1.68%
1600 Ford Street Llano, TX Capture the Hill Country with convenience to Fredericksburg, Austin, Blanco & More! Open t...	3 beds \| 3 baths \| 3,100 sq.ft.	$499,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 2.3% Airbnb Rental Income: $1524 Traditional Rental Income: $1868 Airbnb ROI: 0.61% Traditional ROI: 2.3%
103 W Hamilton Llano, TX Charming 2-Bedroom Home in the Heart of Llano. Welcome to this inviting 2-bedroom, 1-bathr...	2 beds \| 1 baths \| 813 sq.ft.	$182,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.23% Airbnb Rental Income: $979 Traditional Rental Income: $1110 Airbnb ROI: 1.44% Traditional ROI: 4.23%
204 Lagitos Lane Llano, TX Price drop and motivated seller! 10 Acres with Spring-Fed pond frontage - Llano, TX. This ...	3 beds \| 2 baths \| 1,896 sq.ft.	$389,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.72% Airbnb Rental Income: $1524 Traditional Rental Income: $2180 Airbnb ROI: 1.7% Traditional ROI: 4.72%
901 Wright Street Llano, TX This recently updated triplex, located just one block from the historic Llano City Square,...	4 beds \| 3 baths \| 2,098 sq.ft.	$419,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 1.58% Airbnb Rental Income: $1456 Traditional Rental Income: $1805 Airbnb ROI: -0.41% Traditional ROI: 1.58%
204 Lagitos Ln Llano, TX Big price drop & motivated seller! - 10 Acres with Spring-Fed Pond Frontage - Llano, TX. T...	3 beds \| 2 baths \| 1,896 sq.ft.	$389,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.1% Airbnb Rental Income: $1524 Traditional Rental Income: $1870 Airbnb ROI: 0.94% Traditional ROI: 3.1%
948 County Road 314 Llano, TX OWNER FINANCING OFFERED W/50% DOWN AT COMPETITIVE RATE & PROOF OF FUNDS! ** This beautiful...	1 beds \| 1 baths \| 560 sq.ft.	$1,454,000	Airbnb cash on cash: -1% Traditional cash on cash: -0.21% Airbnb Rental Income: $420 Traditional Rental Income: $1232 Airbnb ROI: -1% Traditional ROI: -0.21%
206 E Sandstone Llano, TX Charming 3BR/2BA home located on one of Llano's most sought-after streets just two blocks ...	3 beds \| 2 baths \| 1,701 sq.ft.	$220,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 6.86% Airbnb Rental Income: $1524 Traditional Rental Income: $2215 Airbnb ROI: 1.42% Traditional ROI: 6.86%
206 E Wallace Street Llano, TX This meticulously updated contemporary home in the heart of Llano offers a sophisticated m...	3 beds \| 3 baths \| 2,339 sq.ft.	$549,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.74% Airbnb Rental Income: $1524 Traditional Rental Income: $1902 Airbnb ROI: -0.86% Traditional ROI: 0.74%
211 W Riverside Dr Llano, TX YouTube: Step into the timeless charm of this beautifully restored late-1800s farmhouse, p...	4 beds \| 3 baths \| 3,012 sq.ft.	$1,249,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 0.38% Airbnb Rental Income: $1456 Traditional Rental Income: $2336 Airbnb ROI: -0.75% Traditional ROI: 0.38%
405 E Granite Street Llano, TX Charming and move-in ready 3-bedroom, 2-bath brick home in the heart of Llano! Situated on...	3 beds \| 2 baths \| 1,920 sq.ft.	$399,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.31% Airbnb Rental Income: $1524 Traditional Rental Income: $1623 Airbnb ROI: -0.14% Traditional ROI: 1.31%
171 CR 117 Llano, TX Exceptional 10.24-acre property in Llano. The charming 3-bedroom, 2-bath, 1,490sqft home b...	3 beds \| 2 baths \| 1,490 sq.ft.	$750,000	Airbnb cash on cash: -1.37% Traditional cash on cash: -0.68% Airbnb Rental Income: $1524 Traditional Rental Income: $1569 Airbnb ROI: -1.37% Traditional ROI: -0.68%
509 FLAG CREEK DR. Llano, TX ENERGY-EFFICENT AND UPGRADES ADDED IN 2026. NEW CENTRLA H/A BY KUCHN , SOLAR SCREENS ON WE...	3 beds \| 2 baths \| 1,247 sq.ft.	$279,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 4.72% Airbnb Rental Income: $1524 Traditional Rental Income: $1656 Airbnb ROI: 2.54% Traditional ROI: 4.72%
3410 W County Rd 152 Llano, TX 3410 W Ranch Road 152 in Llano offers 5 acres set up for horses with three well-sized past...	3 beds \| 2 baths \| 2,336 sq.ft.	$599,999	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.61% Airbnb Rental Income: $1524 Traditional Rental Income: $2094 Airbnb ROI: -0.2% Traditional ROI: 1.61%
1208 Olive Street Llano, TX Charming brick home nestled in a desirable Llano neighborhood! This inviting 3-bedroom, 1....	3 beds \| 2 baths \| 1,122 sq.ft.	$219,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 3.56% Airbnb Rental Income: $1524 Traditional Rental Income: $1407 Airbnb ROI: 1.99% Traditional ROI: 3.56%
1209 Oatman Street Llano, TX This 1935 home in Llano is built in the classic fieldstone mosaic style, common throughout...	2 beds \| 2 baths \| 1,861 sq.ft.	$285,709	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.28% Airbnb Rental Income: $979 Traditional Rental Income: $1724 Airbnb ROI: -0.8% Traditional ROI: 3.28%
3410 W Ranch Road 152 Llano, TX 3410 W Ranch Road 152 in Llano offers 5 acres set up for horses with three well-sized past...	3 beds \| 2 baths \| 2,336 sq.ft.	$599,999	Airbnb cash on cash: -0.14% Traditional cash on cash: 1.65% Airbnb Rental Income: $1524 Traditional Rental Income: $2087 Airbnb ROI: -0.14% Traditional ROI: 1.65%
509 E Austin Llano, TX Charming 2-bedroom, 1-bath home situated on over half an acre. Enjoy a peaceful country fe...	2 beds \| 1 baths \| 964 sq.ft.	$168,500	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.16% Airbnb Rental Income: $979 Traditional Rental Income: $1042 Airbnb ROI: 1.58% Traditional ROI: 4.16%
705 Flag Street Llano, TX New Construction on Over Half an Acre in Llano! Set on a spacious lot just minutes from Ma...	3 beds \| 2 baths \| 1,700 sq.ft.	$474,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 2.73% Airbnb Rental Income: $1524 Traditional Rental Income: $1917 Airbnb ROI: 0.85% Traditional ROI: 2.73%
1306 E WALLACE ST. Llano, TX JUST ON THE EDEGE OF TOWN, QUIET AND PRETTY LANDSCAPING, YOU; LL FIND THIS LOVELY 3/2 1/2 ...	3 beds \| 3 baths \| 1,827 sq.ft.	$379,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 2.86% Airbnb Rental Income: $1524 Traditional Rental Income: $2005 Airbnb ROI: 0.27% Traditional ROI: 2.86%
102 E Wallace Street Llano, TX This inviting 3-bedroom, 2-bath home has been recently updated with vinyl flooring and fre...	3 beds \| 2 baths \| 1,562 sq.ft.	$305,000	Airbnb cash on cash: 1.22% Traditional cash on cash: 3.09% Airbnb Rental Income: $1524 Traditional Rental Income: $1619 Airbnb ROI: 1.22% Traditional ROI: 3.09%

Real Estate investment in Llano, TX

There are 45 properties for sale in the city of Llano . The median list price in Llano is $261,843 and the average price per square foot is $152. In July 2026, the average monthly cash on cash return in Llano is 3.00%. The average monthly rental income in Llano is $1,759.

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

There are 45 investment properties available for sale in Llano.

In 2026, 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 $1,524.

Your search for investment property begins and ends here

Investment Property for Sale in Llano, TX

116 County Road 117

Llano, TX

5 beds | 4 baths | 3,616 sq.ft.

$1,100,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.09%

Airbnb Rental Income: $null

Traditional Rental Income: $2856

Airbnb ROI: N/A

Traditional ROI: -0.09%

900 E WALLACE

Llano, TX

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

$349,500

Airbnb cash on cash: 0.23%

Traditional cash on cash: 2.53%

Airbnb Rental Income: $1524

Traditional Rental Income: $1837

Airbnb ROI: 0.23%

Traditional ROI: 2.53%

1408 Ford Street

Llano, TX

3 beds | 2 baths | 1,464 sq.ft.

$350,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1524

Traditional Rental Income: $1759

Airbnb ROI: 0.23%

Traditional ROI: 2.29%

1101 E College

Llano, TX

3 beds | 1 baths | 1,084 sq.ft.

$240,000

Airbnb cash on cash: 1.58%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1524

Traditional Rental Income: $1736

Airbnb ROI: 1.58%

Traditional ROI: 4.47%

105 Elmer Rd

Llano, TX

2 beds | 2 baths | 896 sq.ft.

$479,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $979

Traditional Rental Income: $1606

Airbnb ROI: -0.26%

Traditional ROI: 1.93%

1301 Ford Street

Llano, TX

4 beds | 2 baths | 2,026 sq.ft.

$515,000

Airbnb cash on cash: 0.37%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $1456

Traditional Rental Income: $2190

Airbnb ROI: 0.37%

Traditional ROI: 2.79%

175 Elmer

Llano, TX

2 beds | 2 baths | 800 sq.ft.

$495,000

Airbnb cash on cash: -0.41%

Traditional cash on cash: 1.15%

Airbnb Rental Income: $979

Traditional Rental Income: $1347

Airbnb ROI: -0.41%

Traditional ROI: 1.15%

208 W Luce Street

Llano, TX

2 beds | 2 baths | 1,664 sq.ft.

$675,000

Airbnb cash on cash: -0.7%

Traditional cash on cash: 1.63%

Airbnb Rental Income: $979

Traditional Rental Income: $2094

Airbnb ROI: -0.7%