What $650K Gets You in Oregon, Idaho vs. Texas
August 27, 2026 · Landian Weekly Deals
This week's budget is $650,000 — and the three answers could not be less alike. On the Oregon coast, it buys a Taft District live-work compound whose commercial zoning makes short-term renting legal by right in a town that caps licenses everywhere else. Twenty minutes from Yellowstone's west gate, it buys a fully furnished cabin that's already a working Vrbo with twenty September nights on the books. And on Galveston's West End, it buys a furnished Pirates Beach house a golf-cart ride from the Gulf — with $63,000 to spare. (A fourth deal, a 2022 beach box on the Outer Banks, went under contract during the approval window — it moved fast, which tells you something about that market.)
Each listing was verified active as of this issue, each is on Landian so you can tour or offer with a $4,999 flat fee instead of a commission, and every number below is an estimate — the disclaimer at the bottom applies to all of it.
Deal 1 · Lincoln City, Oregon
The zoning workaround on the Oregon coast
Price
$649,000
Home
2 bd · 2.5 ba · 3,784 sqft
Est. revenue*
$44,165/yr ($220/night · 55% occ.)
Gross yield*
6.8%
Lincoln City caps vacation-rental licenses in its residential zones — waitlist included — which is what makes this Taft District property a genuine workaround: it's zoned General Commercial, so the listing can operate as a short-term rental by zoning rather than by lottery. Upstairs is a sleek renovated flat with a primary suite, a dedicated office, and a flexible second bedroom; downstairs sits 1,892 sq ft of blank-slate commercial space (gear shop, gallery, or more living area), plus a 784 sq ft detached garage with heated floors. Ocean views from the top corner of the lot, beach stairs around the corner, and Taft's food carts and the Siletz River mouth minutes away. AirDNA puts Lincoln City around a $296 nightly rate at 57% occupancy; a 2-bed flat books below that whole-house average, so we've modeled $220 a night at 55% — roughly $44,000 a year with the entire ground floor still in reserve.
Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $11,226 back on this one.
See the full listing & tour it →Deal 2 · Island Park, Idaho
A Yellowstone-gateway cabin that's already earning
Price
$650,000
Home
4 bd · 2 ba · 1,986 sqft
Est. revenue*
$59,312/yr ($325/night · 50% occ.)
Gross yield*
9.1%
This one is already earning — the listing opens with '20 nights booked in September.' A fully remodeled 4-bed cabin on an oversized lot across from the Island Park Village golf course: new kitchen, windows, plumbing, electrical, and a brand-new tin roof, sold fully furnished down to the custom log beds. It runs on Vrbo under professional management today, so a buyer steps into an operating rental rather than a project — and Fremont County has no meaningful STR restrictions. Year-round access, snowmobile and ATV trails out the door, a 4-car detached garage plus a separate log garage for the toys, and about 20 minutes to Yellowstone's west gate. AirDNA shows Island Park near a $481 average nightly rate at 54% occupancy, an average pulled up by big group lodges; a 4-bed books beneath it, so we've modeled $325 a night at 50% — about $59,000 a year, over 9% gross on the $650,000 ask.
Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $11,251 back on this one.
See the full listing & tour it →Deal 3 · Galveston, Texas
The cheapest buy-in, a golf-cart ride from the Gulf
Price
$587,000
Home
3 bd · 3 ba · 1,820 sqft
Est. revenue*
$45,552/yr ($260/night · 48% occ.)
Gross yield*
7.8%
A classic raised beach house in Pirates Beach, the heart of Galveston's West End vacation-rental country — a golf-cart ride from the sand, sold furnished, with high ceilings, an updated kitchen, a covered upper deck that catches the Gulf breeze, a house-width lower deck, and an entertainment area underneath. Galveston is one of the most STR-friendly cities on the Gulf: short-term rentals are legal island-wide with a simple registration and hotel-occupancy-tax account, no zoning lottery. AirDNA has the island around a $324 average nightly rate at 42% occupancy across a market thick with big Gulf-front homes; a 3-bed one row back books below that, so we've modeled $260 a night at 48% — roughly $45,500 a year on a $587,000 basis, the cheapest buy-in of this week's three.
Buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — about $9,676 back on this one.
See the full listing & tour it →Three markets, one budget: Island Park pencils to the highest gross yield and comes furnished with bookings on the calendar, Galveston is the cheapest buy-in with the longest beach season, and Lincoln City is the wildcard — a below-market nightly rate today plus 1,892 sq ft of ground-floor space that could become anything. Whichever answer fits, buying it through Landian costs a $4,999 flat fee instead of a ~2.5% commission — that's the difference you see in each card above.
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Get the Weekly Deals email*Every revenue, occupancy, and yield figure on this page is an estimate based on market-level short-term-rental data and our own assumptions — not a promise of performance. Listings verified active as of publication and can go under contract at any time. Landian is a licensed real-estate brokerage; this is not investment advice.