
301 Avenue I Valley Mills, TX 76689
Estimated payment $9,655/month
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
KELLER WILLIAMS ADVANTAGE Brokerage Phone: (254) 751-7900 License #0743181 Listed on: 05/02/2025

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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | None Available | |
Warranty Deed | -- | First Title Company |
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 |
Similar Home in Valley Mills, TX
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 9016874

APN: R07390
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