ADDRESS
Compass RE Texas, LLC
2500 Bee Caves Road, Building 3, Suite 200, Austin, TX 78746
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$1,400,000
22 Days Online
1125 Magnolia ST Lockhart, TX 78644
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
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
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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 Online
22 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
| 3 weeks ago | Listing first seen online | |
| 4 months ago | Listing updated with changes from the MLS® |
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 kay.gourley@kupersir.com
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 - 2024-09-22 08:25 AM CDT
REQUIRED DMCA NOTICE Member Participant’s IDX site must comply with The Digital Millennium Copyright Act of 1998 by including appropriate notification instructions to users. A Vendor or Member Participant that receives a DMCA notice of infringement must immediately (no later than 24 hours after receipt) notify MLS GRID at DMCAnotice@MLSGrid.com. A Member Participant’s IDX site must include the conspicuous display of the following two paragraphs: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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 - 2024-09-22 08:25 AM CDT
REQUIRED DMCA NOTICE Member Participant’s IDX site must comply with The Digital Millennium Copyright Act of 1998 by including appropriate notification instructions to users. A Vendor or Member Participant that receives a DMCA notice of infringement must immediately (no later than 24 hours after receipt) notify MLS GRID at DMCAnotice@MLSGrid.com. A Member Participant’s IDX site must include the conspicuous display of the following two paragraphs: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Neighborhood & Commute
Source: Walkscore
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