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301 Avenue I, Valley Mills, TX 76689

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For Sale

$1,650,000

4 beds • 3 baths • 3,205 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $514.82
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

A truly singular estate, that offers not only timeless beauty and unmatched privacy, but also a compelling investment opportunity with multiple income-producing residences already in place. Whether envisioned as a personal sanctuary or a legacy property with built-in cash flow, this residence provides an extraordinary backdrop for opportunity. The main house spans 3,200 square feet with four bedrooms and three bathrooms, blending historic character with thoughtful updates. The primary suite features heated bathroom floors, a soaking tub, and a custom arched tile shower that adds a spa-like feel. In the kitchen, white oak cabinetry, upgraded appliances, 48 inch range, and abundant natural light create a warm, functional space; framed by views of the surrounding hill country. Tucked into the trees are three custom-built tiny homes, each private and thoughtfully designed. These established short-term rentals perform well above market, offering consistent returns and future upside. With strong rental history and room to expand, the potential here is significant. The 10+ acre property includes mature oaks, native wildflowers, and open space for additional development; be it more cabins, shared amenities, or personal use. Additional features include an RV hookup, a barn, three storage sheds, a greenhouse, and a fenced irrigated garden. Outdoor living is central to the property s charm, with a wraparound porch, a spacious back deck, and a fire pit ideal for enjoying peaceful evenings. Whether you're seeking a quiet family escape, a high-end rental retreat, or a long-term investment with character and flexibility, this property offers a rare opportunity to own something truly special.
MLS# 20918286

Courtesy Of Keller Williams Realty, Waco, Listed By Trevor Caswell

(254) 751-7900

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Porch, Patio, Vaulted Ceiling, Ceiling Fan
  • Appliances
    Cooktop, Cooktop - Gas, Dishwasher, Dryer, Garbage Disposer, Oven - Gas, Range, Range - Gas, Refrigerator, Refrigerator - Built-in, Washer
  • Architecture Style
    Other
  • Cooling System
    Ceiling Fan(s)
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Wood
  • Lot Size
    10.73 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 301 Avenue I, Valley Mills, TX 76689

Home seller CENTURY 21 Mike Bowman, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Mike Bowman, Inc.

(817) 354-7653
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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