301 Avenue I, Valley Mills, TX

$1,275,000

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4

Beds

3

Baths

3,205

Square feet

10.73

Acres

About 301 Avenue I

Major price improvement! Don't miss this opportunity to own 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.

Features of 301 Avenue I

MLS® # 21085613
Price $1,275,000
Bedrooms 4
Bathrooms 3.00
Full Baths 3
Square Footage 3,205
Acres 10.73
Year Built 1896
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 301 Avenue I
Subdivision S7300 VALLEY MILLS OT
City Valley Mills
County Bosque
State TX
Zip Code 76689

Amenities

Utilities City Water, Septic
Garages Additional Parking, Circular Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Built-in Features, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Kitchen Island, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s)
Heating Central, Electric
Fireplace Yes
# of Fireplaces 2
Fireplaces Wood Burning

Exterior

Exterior Features Covered Deck, Covered Porch(es), Garden(s)
Lot Description Acreage, Many Trees, Sloped, Rock Outcropping, Rugged
Roof Metal
Construction Wood
Foundation Pillar/Post/Pier

School Information

District Valley Mills ISD
Elementary Valley Mills
High Valley Mills

Additional Information

Construction Details Preowned

Listing Details

AgentTrevor Caswell
OfficeKeller Williams Realty, Waco

Listing Map

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