1125 Magnolia St Lockhart, TX 78644
- Commercial real estate
- 5,749 SF
- 2.07 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1125 Magnolia St
- Year built
- 1932
- Lot size
- 2.07 lot acres
- Property size
- 5,749 SF
- Property type
- Commercial real estate
Description
Magnificent 1932 Tudor Revival home in Lockhart, TX, offering 5,749 sq ft on a 2.07-acre lot. This five-bedroom, five-bathroom residence boasts original oak floors, parquet, and Italian mosaics. Three wood-burning fireplaces are featured in the library, living room, and a spectacular basement—formerly a speakeasy. The property has SUP-20-11 zoning for Bed & Breakfast operation, and potential for historical designation offering tax credits. While the kitchen and master bath require updates (owner has $25,000 in Ferguson plumbing hardware), this property presents a unique investment opportunity. The home is ideal for small, elegant gatherings, similar to a boutique hotel. The adjacent property, two operating Airbnbs on 0.33 acres, is available for separate purchase. City permits allow for a well to irrigate the grounds and a potential pool. This property is not suited for large events.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lockhart
- County
- Caldwell
- State
- Texas
- Longitude
- -97.68652
- Latitude
- 29.88219
