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
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.	$505,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.82% Airbnb Rental Income: $1524 Traditional Rental Income: $1983 Airbnb ROI: -0.09% Traditional ROI: 1.82%
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%
1007 E Wallace Llano, TX Charming Contemporary Home - Move-In Ready! Welcome to this remodeled 3-bedroom, 2-bath ho...	3 beds \| 2 baths \| 1,629 sq.ft.	$219,000	Airbnb cash on cash: 1.99% Traditional cash on cash: 4.81% Airbnb Rental Income: $1524 Traditional Rental Income: $1666 Airbnb ROI: 1.99% Traditional ROI: 4.81%
127 Offer Lane Llano, TX Set on 10+ scenic acres, this white rock ranch home is a clean blend of Hill Country chara...	2 beds \| 2 baths \| 1,075 sq.ft.	$418,000	Airbnb cash on cash: 0% Traditional cash on cash: 1.76% Airbnb Rental Income: $979 Traditional Rental Income: $1316 Airbnb ROI: 0% Traditional ROI: 1.76%
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%
403 W Main Street Llano, TX PRICE REDUCTION! Residential or Commercial Potential: Located on Main Street in the heart ...	3 beds \| 2 baths \| 1,390 sq.ft.	$299,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 2.35% Airbnb Rental Income: $1524 Traditional Rental Income: $1540 Airbnb ROI: 0.72% Traditional ROI: 2.35%
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.	$260,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.92% Airbnb Rental Income: $1524 Traditional Rental Income: $1736 Airbnb ROI: 1.25% Traditional ROI: 3.92%
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: -0.28% Traditional cash on cash: 1.81% Airbnb Rental Income: $979 Traditional Rental Income: $1606 Airbnb ROI: -0.28% Traditional ROI: 1.81%
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.	$399,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.9% Airbnb Rental Income: $979 Traditional Rental Income: $1367 Airbnb ROI: -0.08% Traditional ROI: 1.9%
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.	$219,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 3.32% Airbnb Rental Income: $979 Traditional Rental Income: $1356 Airbnb ROI: -0.2% Traditional ROI: 3.32%
806 E Brown Street Llano, TX $3000 in BUYER'S INCENTIVES!!! Brand new build! This adorable home is in the heart of Llan...	3 beds \| 2 baths \| 1,198 sq.ft.	$227,500	Airbnb cash on cash: 1.82% Traditional cash on cash: 3.62% Airbnb Rental Income: $1524 Traditional Rental Income: $1468 Airbnb ROI: 1.82% Traditional ROI: 3.62%
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%
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: 0.97% Traditional cash on cash: 4.88% Airbnb Rental Income: $979 Traditional Rental Income: $1296 Airbnb ROI: 0.97% Traditional ROI: 4.88%
211 E Hwy 29 Llano, TX Dreaming of your own slice of the Texas Hill Country on live water? This 1.4-acre riverfro...	2 beds \| 1 baths \| 1,396 sq.ft.	$389,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 2.06% Airbnb Rental Income: $979 Traditional Rental Income: $1349 Airbnb ROI: 0.08% Traditional ROI: 2.06%
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%
1309 E Brown Street Llano, TX Welcome to this charming ranch-style home nestled within the city limits of Llano, offerin...	3 beds \| 2 baths \| 1,890 sq.ft.	$319,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 4.33% Airbnb Rental Income: $1524 Traditional Rental Income: $1851 Airbnb ROI: 1.76% Traditional ROI: 4.33%
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%
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.	$729,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 0.34% Airbnb Rental Income: $1524 Traditional Rental Income: $2218 Airbnb ROI: -1.33% Traditional ROI: 0.34%
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%
1109 E College Llano, TX Great 3/2 move in ready home. xeriscaped yard means easy maintenance. Living room has 10 f...	3 beds \| 2 baths \| 1,530 sq.ft.	$339,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 3.74% Airbnb Rental Income: $1524 Traditional Rental Income: $1743 Airbnb ROI: 1.66% Traditional ROI: 3.74%
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%
801 Hickory Street Llano, TX MOTIVATED SELLERS!!! $10,000 in BUYER'S INCENTIVES!!!! Charming historic home on a spaciou...	3 beds \| 2 baths \| 1,864 sq.ft.	$319,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.64% Airbnb Rental Income: $1524 Traditional Rental Income: $1660 Airbnb ROI: 0.71% Traditional ROI: 2.64%
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.	$429,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.73% Airbnb Rental Income: $1524 Traditional Rental Income: $1870 Airbnb ROI: 0.76% Traditional ROI: 2.73%
115 Field Stone Drive Llano, TX This contemporary 2 bedroom/2 bath home sits on 3-1/4 acres just about 15 minutes west of ...	2 beds \| 2 baths \| 1,584 sq.ft.	$369,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.31% Airbnb Rental Income: $979 Traditional Rental Income: $1969 Airbnb ROI: 0.43% Traditional ROI: 4.31%
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.	$275,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.32% Airbnb Rental Income: $1524 Traditional Rental Income: $2215 Airbnb ROI: 0.95% Traditional ROI: 5.32%
206 E Wallace Street Llano, TX Come enjoy the charm of this quiet oasis, just a few blocks from the beautiful Llano River...	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%
605 E COLLEGE Llano, TX GOOD AREA OF LLANO, VERY NICE 3/2 BRICK/FRAME HOME, LOTS OF EXTRAS HERE!! KITCHEN W/LOTS O...	3 beds \| 2 baths \| 1,456 sq.ft.	$245,500	Airbnb cash on cash: 1.49% Traditional cash on cash: 3.9% Airbnb Rental Income: $1524 Traditional Rental Income: $1641 Airbnb ROI: 1.49% Traditional ROI: 3.9%
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.	$429,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 1.02% Airbnb Rental Income: $1524 Traditional Rental Income: $1623 Airbnb ROI: -0.33% Traditional ROI: 1.02%

Real Estate investment in Llano, TX

There are 54 properties for sale in the city of Llano . The median list price in Llano is $419,486 and the average price per square foot is $248. In May 2026, the average monthly cash on cash return in Llano is 3.00%. The average monthly rental income in Llano is $1,740.

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

There are 54 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

177 Chesterfield

Llano, TX

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

$505,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1524

Traditional Rental Income: $1983

Airbnb ROI: -0.09%

Traditional ROI: 1.82%

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%

1007 E Wallace

Llano, TX

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

$219,000

Airbnb cash on cash: 1.99%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $1524

Traditional Rental Income: $1666

Airbnb ROI: 1.99%

Traditional ROI: 4.81%

127 Offer Lane

Llano, TX

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

$418,000

Airbnb cash on cash: 0%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $979

Traditional Rental Income: $1316

Airbnb ROI: 0%

Traditional ROI: 1.76%

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%

403 W Main Street

Llano, TX

3 beds | 2 baths | 1,390 sq.ft.

$299,900

Airbnb cash on cash: 0.72%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $1524

Traditional Rental Income: $1540

Airbnb ROI: 0.72%

Traditional ROI: 2.35%

1101 E College

Llano, TX

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

$260,000

Airbnb cash on cash: 1.25%

Traditional cash on cash: 3.92%

Airbnb Rental Income: $1524

Traditional Rental Income: $1736

Airbnb ROI: 1.25%

Traditional ROI: 3.92%

105 Elmer Rd

Llano, TX

2 beds | 2 baths | 896 sq.ft.

$499,000

Airbnb cash on cash: -0.28%

Traditional cash on cash: 1.81%

Airbnb Rental Income: $979

Traditional Rental Income: $1606

Airbnb ROI: -0.28%