$1,575,000
$75K PRICE DROP

301 Avenue I Valley Mills, TX 76689

Estimated payment $9,655/month

Total Views 3,959
4 Beds
3 Baths
3,205 Sq Ft
$491 Price per Sq Ft

Highlights

  • Guest House
  • RV Access or Parking
  • 10.73 Acre Lot
  • Above Ground Pool
  • Panoramic View
  • Deck

About This Home

PERCHED ATOP A PRIVATE, WINDING DRIVE, THIS DISTINGUISHED 19TH-CENTURY FARMHOUSE COMMANDS SWEEPING VIEWS. A truly singular estate, it 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.

Listing Agent

Trevor Caswell

KELLER WILLIAMS ADVANTAGE Brokerage Phone: (254) 751-7900 License #0743181 Listed on: 05/02/2025

KELLER WILLIAMS ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,189

Year Built

  • Built in 1896 | Remodeled

Lot Details

  • 10.73 Acre Lot
  • North Facing Home
  • Private Entrance
  • Gated Home
  • Partially Fenced Property
  • Wood Fence
  • Landscaped
  • Native Plants
  • Private Lot
  • Lot Sloped Up
  • Wooded Lot
  • Garden
  • Back and Front Yard
  • R09103

Property Views

  • Panoramic
  • Woods
  • Hills
  • Rural
  • Garden

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3,205 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bookcases
  • Woodwork
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • <<OvenToken>>
  • Gas Cooktop
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Soaking Tub
  • Separate Shower

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • Circular Driveway
  • Outside Parking
  • RV Access or Parking

Outdoor Features

  • Above Ground Pool
  • Deck
  • Covered patio or porch
  • Separate Outdoor Workshop
  • Outbuilding

Additional Homes

  • Guest House

Schools

  • Outside School District Elementary And Middle School
  • Outside School District High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Propane
  • Tankless Water Heater
  • Septic Tank
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number R07390
  • Tax Block 46,47,52,53,59

Community Details

Overview

  • No Home Owners Association
  • S7300 Valley Mills Ot Subdivision

Amenities

  • Community Barbecue Grill

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,189

Year Built

Built in 1896 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1896
  • Additional Parcels Description: R09103
  • Additional Parcels: Yes
  • Direction Faces: North
  • Directions: 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.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Fencing: Gate, Partial, Wood
  • Fireplaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: Two
  • Living Area: 3205
  • Other Structures: Guest House, Outbuilding, RV/Boat Storage, Workshop
  • Special Listing Conditions: See Remarks
  • Attribution Contact: (254) 751-7900
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11188.60
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Breakfast Bar, Built-in Features, Beamed Ceilings
  • View: Garden, Hill Country, Panoramic, Rural, Trees/Woods
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Gas Range, Microwave, Oven, RNGHD, Refrigerator, Vented Exhaust Fan, Tankless Water Heater
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Fire Alarm, Security System
  • Window Features: Blinds
  • Laundry Location: Inside,Main Level
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 3
  • Num Guest Beds: 3

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Garden, Private Entrance
  • Roof: Metal
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Rear Porch, Side Porch
  • Pool Features: Above Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Circular Driveway, Driveway, Outside, RV Access/Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Other, Propane, Sewer Not Available, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: BBQ Pit/Grill

Schools

  • Elementary School: Outside School District
  • High School: Outside School District
  • Middle/Junior School: Outside School District
  • Junior High Dist: Valley Mills Isd

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Native Plants, Private, Rolling Slope, Sloped Up, Trees-Moderate
  • Parcel Number: R07390
  • Lot Size Acres: 10.729
  • Lot Size Sq Ft: 467355.24
  • Subdivision Name: S7300 VALLEY MILLS OT

Building Info

  • Construction Materials: Wood Siding
  • New Construction: No

Tax Info

  • Tax Block: 46,47,52,53,59
  • Tax Year: 2024
  • Tax Map Number: n/a
  • Tax Rate: 1.83887000000000

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,189 $608,450 $139,679 $468,771
2023 $10,413 $566,265 $113,083 $453,182
2022 $6,518 $597,584 $145,935 $451,649
2021 $6,841 $378,294 $145,935 $232,359
2020 $6,543 $260,028 $63,476 $196,552
2019 $6,214 $250,312 $62,186 $188,126
2018 $6,092 $242,171 $51,088 $191,083
2017 -- $173,513 $40,052 $133,461
2016 $3,983 $173,513 $40,052 $133,461
2015 -- $173,513 $40,052 $133,461
2014 -- $173,513 $40,052 $133,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 Price Changed $1,575,000 -4.5% $491 / Sq Ft
05/02/2025 05/02/25 For Sale $1,650,000 -- $515 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Warranty Deed -- First Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $233,500 New Conventional
Closed $236,550 New Conventional
Previous Owner $179,550 New Conventional
Previous Owner $65,000 New Conventional
Source: Public Records

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Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9016874

Unlock MLS (Austin Board of REALTORS®)

APN: R07390