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
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%
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.	$849,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.5% Airbnb Rental Income: $1421 Traditional Rental Income: $2514 Airbnb ROI: -0.42% Traditional ROI: 1.5%
229 -- Thurman Loop Llano, TX Discover the perfect balance of space, privacy, and convenience in this beautiful 4-bedroo...	4 beds \| 3 baths \| 2,048 sq.ft.	$610,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.51% Airbnb Rental Income: $1421 Traditional Rental Income: $2265 Airbnb ROI: 0.28% Traditional ROI: 2.51%
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%
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%
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%
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%
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%
2433 -- County Rd 102 Llano, TX Charming Hill Country B&B Overlooking the Llano River. Rental or Full-Time Retreat.Tucked ...	2 beds \| 1 baths \| 864 sq.ft.	$977,000	Airbnb cash on cash: -0.69% Traditional cash on cash: -0.04% Airbnb Rental Income: $900 Traditional Rental Income: $1144 Airbnb ROI: -0.69% Traditional ROI: -0.04%
706 E Taylor Llano, TX Charming Custom Modern Farmhouse in the Heart of the Texas Hill Country Welcome to this b...	3 beds \| 3 baths \| 2,516 sq.ft.	$1,399,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.31% Airbnb Rental Income: $1866 Traditional Rental Income: $2430 Airbnb ROI: -0.51% Traditional ROI: 0.31%
1010 -- Anniston Llano, TX Welcome to 1010 Anniston Ave in charming Llano, Texas! This beautifully designed 3-bedroom...	3 beds \| 2 baths \| 1,437 sq.ft.	$399,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.4% Airbnb Rental Income: $1866 Traditional Rental Income: $1716 Airbnb ROI: 1.47% Traditional ROI: 2.4%
211 W Riverside Dr Llano, TX Step into the timeless charm of this beautifully restored late 1800s farmhouse perfectly s...	4 beds \| 3 baths \| 3,012 sq.ft.	$1,249,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.94% Airbnb Rental Income: $1421 Traditional Rental Income: $2988 Airbnb ROI: -0.77% Traditional ROI: 0.94%
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%
132 Offer Lane Llano, TX JUST REDUCED: Looking for a home in the country with plenty of elbow room? Here it is! 15 ...	2 beds \| 3 baths \| 2,062 sq.ft.	$794,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.92% Airbnb Rental Income: $900 Traditional Rental Income: $2546 Airbnb ROI: -0.77% Traditional ROI: 1.92%
235 W Indian Bend Llano, TX Riverfront home with 278 feet of amazing waterfront featuring deep pools, shallow pools an...	2 beds \| 3 baths \| 2,404 sq.ft.	$450,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 3.58% Airbnb Rental Income: $900 Traditional Rental Income: $2773 Airbnb ROI: -1.67% Traditional ROI: 3.58%
3694 CR 104 Road Llano, TX This house is on the pristine Llano Rive great for swimming, fishing, or kayaking with 2 k...	4 beds \| 2 baths \| 1,280 sq.ft.	$639,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 0.08% Airbnb Rental Income: $1421 Traditional Rental Income: $1806 Airbnb ROI: -1.27% Traditional ROI: 0.08%
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.	$525,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.32% Airbnb Rental Income: $1866 Traditional Rental Income: $2108 Airbnb ROI: -0.19% Traditional ROI: 1.32%
209 W Rio Llano Dr. Llano, TX 5 acres with stunning 4/2 Â½ home. This home is prepped and ready with generator powered b...	4 beds \| 3 baths \| 2,268 sq.ft.	$675,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.93% Airbnb Rental Income: $1421 Traditional Rental Income: $2316 Airbnb ROI: -0.16% Traditional ROI: 1.93%
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.	$294,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 5.62% Airbnb Rental Income: $1421 Traditional Rental Income: $2023 Airbnb ROI: 1.92% Traditional ROI: 5.62%
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%
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%
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%
103 E Indian Bend Road Llano, TX This 2021 custom-crafted cabin on the Llano River feels like you've been transported--even...	2 beds \| 1 baths \| 896 sq.ft.	$399,000	Airbnb cash on cash: -2.87% Traditional cash on cash: -0.82% Airbnb Rental Income: $900 Traditional Rental Income: $1328 Airbnb ROI: -2.87% Traditional ROI: -0.82%
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%
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.	$650,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 0.81% Airbnb Rental Income: $1866 Traditional Rental Income: $2272 Airbnb ROI: -0.69% Traditional ROI: 0.81%
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%
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.	$349,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 3.88% Airbnb Rental Income: $1866 Traditional Rental Income: $1851 Airbnb ROI: 2.4% Traditional ROI: 3.88%
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.	$320,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 2.76% Airbnb Rental Income: $1866 Traditional Rental Income: $1759 Airbnb ROI: 1.45% Traditional ROI: 2.76%
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%
605 Lost Hollow Road Llano, TX If you are seeking privacy This tract is covered with big liveoaks and brush. There is a ...	3 beds \| 2 baths \| 2,880 sq.ft.	$464,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.58% Airbnb Rental Income: $1866 Traditional Rental Income: $1988 Airbnb ROI: 0.15% Traditional ROI: 1.58%
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: 0.9% Traditional cash on cash: 2.34% Airbnb Rental Income: $1866 Traditional Rental Income: $2074 Airbnb ROI: 0.9% Traditional ROI: 2.34%
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.	$249,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 3.07% Airbnb Rental Income: $1866 Traditional Rental Income: $1468 Airbnb ROI: 2.64% Traditional ROI: 3.07%
171 County Road 117 Llano, TX HILL COUNTRY VIEWS + UP TO 25K IN BUYER INCENTIVES! This peaceful 10-acre Hill Country hav...	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%
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%
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.	$1,725,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 1.81% Airbnb Rental Income: $2011 Traditional Rental Income: $4640 Airbnb ROI: -0.16% Traditional ROI: 1.81%
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.	$246,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 5.77% Airbnb Rental Income: $1866 Traditional Rental Income: $1726 Airbnb ROI: 4.22% Traditional ROI: 5.77%

Real Estate investment in Llano, TX

There are 68 properties for sale in the city of Llano . The median list price in Llano is $449,900 and the average price per square foot is $230. In September 2025, the average monthly cash on cash return in Llano is 3.00%. The average monthly rental income in Llano is $1,851.

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

There are 68 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

1111 -- Ford St

Llano, TX

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%

243 E Flag Creek Ranch Rd

Llano, TX

4 beds | 3 baths | 5,400 sq.ft.

$849,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 1.5%

Airbnb Rental Income: $1421

Traditional Rental Income: $2514

Airbnb ROI: -0.42%

Traditional ROI: 1.5%

229 -- Thurman Loop

Llano, TX

4 beds | 3 baths | 2,048 sq.ft.

$610,000

Airbnb cash on cash: 0.28%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $1421

Traditional Rental Income: $2265

Airbnb ROI: 0.28%

Traditional ROI: 2.51%

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%

211 E Hwy 29

Llano, TX

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

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%

105 -- Elmer Rd

Llano, TX

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%

409 E Main St

Llano, TX

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%