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$1,400,000
204 Days On Site

1125 Magnolia ST
Lockhart, TX78644

For Sale|Hotel/Motel|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
5,749
SqFt
$244
/SqFt
1932
Built
Subdivision:
Mrs M M Blanks
County:
Caldwell
Call Now: 512.699.4684
Is this the home for you? We can help make it yours.
512.699.4684
1125 Magnolia ST1125 Magnolia ST1125 Magnolia ST1125 Magnolia ST
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Bed & Breakfast zoning,Welcome to The Adams Estate, a magnificent 1932 Tudor Revival style home steeped in the rich history of Lockhart,Texas.Designed for the esteemed oil man, rancher, and developer Fred J. Adams by architect Philip Lloyd Shoop, this grand 5,749 soft. residence is nestled on a spacious 2-acre lot,a tranquil retreat just a stroll away from the vibrant town square.The Adams Estate boasts an array of elegant features that honor its historical significance while providing modern functionality.It comprises 5 generously sized bedrooms and five full baths,each reflecting the timeless charm and meticulous craftsmanship of its era.Original oak wood flooring,parquet,and exquisite Italian mosaics run throughout,leading you through archways and past solid wood doors adorned with nautical scenes and the Adams family crest – a fish.The heart of the home lies in its three wood-burning fireplaces located in the library,living room,and a spectacular basement, formerly Fred Adams' speakeasy.This unique space has beautiful yellow Italian tile, adding a touch of vintage glamour perfect for entertaining, basement does need finish out.Perhaps most enticing is the property’s SUP-20-11 zoning approval for operation as a Bed & Breakfast.This,coupled with its historical designation potential offering significant tax credits,makes The Adams Estate an attractive investment or family home.The home needs a new kitchen, the master bath needs tile,and two showers were shower pans have been replaced.Owner has $25k worth of hardware for baths from Ferguson Plumbing. Owner will consider selling the adjacent property which are two operating airbnbs on .33 acres which could be purchased at an additional price. City of Lockhart will permit a well which could irrigate grounds and pool. This property would not be suited for large events but for more eloquent small gatherings similar to a boutique hotel, weddings, anniversary, and exclusive parties. Hollywood Regency Ambiance at its best!

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Listing Snapshot
Price 
$1,400,000
Days On Site 
204 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,749 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.066 Acres
Year Built 
1932
MLS® Number 
1982565
Status 
Active Under Contract
Property Tax 
$13,831
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 months agoStatus changed to Active Under Contract
6 months agoListing updated with changes from the MLS®
7 months agoListing first seen on site
General Features
Acres 
2.066
Additional Property Use 
See Remarks
Attached Garage 
Yes
Disclosures 
Lead Base Paint Addendum,Owner/Agent,Seller Disclosure,Water District
Foundation 
Pillar/Post/Pier
Parking 
AttachedDrive ThroughGarage Faces RearGarage Faces SidePaved
Parking Spaces 
10
Property Sub Type 
Hotel/Motel
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5749
Utilities 
Electricity AvailableNatural Gas AvailablePhone AvailableSewer Available
Water Source 
Public
Zoning 
SUP-20-11 Zoning approval
Interior Features
Cooling 
Ceiling Fan(s)Central Air
Flooring 
ParquetTileWoodSee Remarks
Heating 
CentralFireplace(s)Natural Gas
Laundry Features 
Washer Hookup
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Exterior Features
Construction Details 
PlasterStoneStucco
Other Structures 
Shed(s)
View 
None
Waterview 
None
Community Features
Financing Terms Available 
CashConventionalOwner May Carry
MLS Area 
CC
Listing courtesy of Kuper Sotheby's Int'l Realty [email protected]


All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings courtesy of ACTRIS as distributed by MLS GRID. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied.
Data last update - 2024-10-29 07:00 PM CDT

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Neighborhood & Commute
Source: Walkscore
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