301 Avenue I, Valley Mills, TX 76689
Local realty services provided by:Better Homes and Gardens Real Estate Lindsey Realty



Listed by:trevor caswell
Office:keller williams realty, waco
MLS#:20918286
Source:GDAR
Price summary
- Price:$1,575,000
- Price per sq. ft.:$491.42
About this home
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.
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Home facts
- Year built:1896
- Listing Id #:20918286
- Added:105 day(s) ago
- Updated:August 09, 2025 at 11:40 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,205 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Metal
- Year built:1896
- Building area:3,205 sq. ft.
- Lot area:10.73 Acres
Schools
- High school:Valley Mills
- Elementary school:Valley Mills
Finances and disclosures
- Price:$1,575,000
- Price per sq. ft.:$491.42
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