301 Avenue I - Hillside Retreat in Valley Mills 3,600 SF Specialty Building Offered at $2,157,293 CAD at a 6.28% Cap Rate in Valley Mills, TX 76689

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.