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401 Avenue A, Valley Mills, TX, 76689

3beds
4baths
3,000sqft
$935,000
$312price/sqft
$7,652/moest. monthly cost
$306,080/yrincome needed

About This Home

Nestled in the heart of Valley Mills, the historic Gristmill offers a rare opportunity to own a beautifully restored landmark reimagined by Chip and Joanna Gaines. Blending historic charm with elevated modern design, this one-of-a-kind property features exceptional craftsmanship, luxurious finishes, and versatile living spaces throughout. The main level showcases an expansive open-concept living, kitchen, and dining area centered around a studio-grade kitchen with a premium La Cornue Château 150 range, custom cabinetry, and striking architectural details. This level also includes two secondary bedrooms and a beautifully renovated full bathroom. Upstairs, the spacious primary suite offers soaring ceilings, a spa-inspired bath, and dedicated offce space. The lower level features a fully equipped commercial-grade kitchen with Sub-Zero, Wolf, and Cove appliances designed for large-scale entertaining, along with two laundry rooms, a full bathroom, and a half bath for added convenience. Outdoor amenities include a newly constructed rear deck, finished carport, thoughtfully designed greenhouse with heating and cooling, and a charming chicken coop with enclosed run—creating a unique blend of luxury, functionality, and country living.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

7/10
6/10
Valley Mills High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Pillar/Post/Pier,Stone
  • Roof: Flat,Metal
  • Construction materials: Rock,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other,Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Refrigerator,Double Oven,Dishwasher,Disposal,Range,Some Commercial Grade,Vented Exhaust Fan
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Level: Third
  • Dimensions: 29 x 22

Basement

  • Has basement: Yes

Bedroom

  • Level: First
  • Dimensions: 19 x 11

Bedroom

  • Level: First
  • Dimensions: 19 x 11

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Cathedral Ceiling(s),Decorative/Designer Lighting Fixtures,Kitchen Island,Multiple Staircases,Natural Woodwork,Walk-In Closet(s)
  • Flooring: Concrete,Hardwood

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 3,000 sqft

Living Room

  • Level: First
  • Dimensions: 1 x 1

Master Bedroom

  • Level: Second
  • Dimensions: 23 x 21

Property

Details

  • Parcel number: R06690

Features

  • Levels: Three Or More
  • Pool features: None
  • Patio & porch: Deck
  • Exterior features: Garden,Outdoor Grill
  • Fencing: Metal,Wood
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 0.58 Acres

Parking

  • Total spaces: 2
  • Parking features: On Street
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Hail
Heat Wave
Wildfire

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,727$56,724
Home Insurance *$1,304$15,648
Property Taxes $1,292$15,504
Electricity $329$3,953
Total$7,652$91,824
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$262,354/yr
40% on housing$229,560/yr
45% on housing$204,053/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$312This listing

vs Other Active Listings

Avg $/sqft

ZIP 76689$353
Bosque County$191

vs Homes Sold Last Month

Median $/sqft

ZIP 76689
Bosque County$131

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-07Listed for sale$935,000
2026-06-22Contingent$935,000
2026-06-15Listed for sale$935,000

For Sale by Agent

AgentHeather Foss
BrokerageMagnolia Realty

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