Homes for sale - 301 Avenue I, Valley Mills, TX 76689

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Marissa Fontanez

[email protected] +1(214) 789-9187

$1,575,000

Est. payment - /mo

4 Beds

3 Baths

3,205 SqFt

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,205 sqft

Price per Sqft $491

Subdivision S7300 Valley Mills Ot

MLS Listing ID 20918286

Bedrooms 4

Full Baths 3

HOA Y/N None

Year Built 1896

Lot Size 10.729 Acres

Acres 10.729

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TX

County Bosque

Community Rv Parking

Direction Heading west on HWY 6, take a left onto 3rd street, take a left on Avenue I. Home is at the top of the hill.

Rooms

Dining Room 1

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

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Carpet, Combination, Wood

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Built-in Gas Range, Built-in Refrigerator, Commercial Grade Range, Commercial Grade Vent, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Range

Heat Source Central, Electric

Laundry Full Size W/D Area

Exterior

Exterior Feature Covered Deck, Covered Patio/Porch, Garden(s)

Fence Gate, Partial, Wood

Community Features RV Parking

Utilities Available City Water, Septic

Roof Type Metal

Garage No

Building

Lot Description Acreage, Many Trees, Rock Outcropping, Rugged, Sloped

Story Two

Foundation Pillar/Post/Pier

Level or Stories Two

Structure Type Wood

Schools

Elementary Schools Valley Mills

High Schools Valley Mills

School District Valley Mills Isd

Others

Restrictions No Known Restriction(s)

Ownership John and Kelly Johnston

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Survey Available

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20918286

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Trevor Caswell • Keller Williams Realty, Waco

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As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.

+1(214) 789-9187

[email protected]

6301 Gaston, Dallas, Texas, 75214, United States

301 Avenue I Valley Mills, TX 76689