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For Sale 78644 Lockhart

1125 Magnolia St

Lockhart, TX 78644

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For Sale

Under Contract - OP

$1,400,000

Est. Mortgage 7,414/month

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5 Bedroom(s)

5 Full Bath(s)

5,749 Sqft. ($244/Sqft.)

2.07 Lot Acres

Residential Single Family

30 Day(s) on HAR.com

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1125 Magnolia St is listed for sale at $ 1,400,000. The Residential Single Family property has 5 bedrooms, 5 Full Bathrooms, 5749 square feet and was built in 1932. The lot size is 2.066 Acres. ##BR##Jewel of the Crown,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 and 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!

Description

Jewel of the Crown,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!

MLS#

ABORTX-5533115

List Price

$1,400,000 ($244/Sqft.)

Listing Status

Under Contract - OP

Address

1125 Magnolia St

City

Lockhart

State

Zip Code

78644

County

Caldwell County

Subdivision

Mrs M M Blanks

Legal Description

BLANKS, MRS. M M, BLOCK 5, LOT 3-8/11-16

Property Type

Residential Single Family

Bedroom

5 Bedroom(s)

Bath

5 Full Bath(s)

Garages

3 / Attached

Stories

Building Size

5,749 Sqft/Public Records

Year Built

1932 /Public Records

Lot Size

2.07 Lot Acres/Appraisal District

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PRESENTED BY

Kyle Smith Platinum

Elite Texas Properties

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Interior

Number Of Living Area

Number Of Dinning Area

Fireplace

3/Basement,Library,Living Room

Floors

Parquet, Tile, Wood, See Remarks

Cooling

Ceiling Fan(s), Central Air

Heating

Central, Natural Gas

Window

Wood Frames,See Remarks

Appliances

Bar Fridge, Cooktop Gas, Free-Standing Gas Oven, Plumbed For Ice Maker, Free-Standing Gas Range, Refrigerator, See Remarks, Stainless Steel Appliance(s), Washer/Dryer, Water Heater-Electric, Water Heater-Gas

Security System

None

Interior

Bar, Bookcases, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Ceiling-Beamed, Ceiling-Coffered, Ceiling-High, Chandelier, Counter-Granite, Crown Molding, Electric Dryer Hookup, Entrance Foyer, French Doors, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Recessed Lighting, Soaking Tub, Washer Hookup, Wet Bar

Exterior

Roof

Tile

Foundation

Pillar/Post/Pier

Private Pool

Exterior Type

Masonry ? All Sides, Stucco

Lot Description

Back Yard, Corner Lot, Front Yard, Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft)

Parking

Attached, Door-Multi, Garage Faces Rear, Garage Faces Side, Paved

Parking Space

Garage 3 / Parking 10

Controlled Access

Hand Rails

Utility

Electricity Available,Natural Gas Available,Phone Available

Front Door Face

South

Exterior

Gutters Partial, Private Yard

Rooms

Dining

Main Floor; High Ceilings

Great Room

Main Floor; Beamed Ceilings,Chandelier; The Great Room has a wood burning fireplace

Primary Bedroom

1st Floor; Chandelier, Full Bath, High Ceilings; Lovely large Master Bedroom with many windows. The master bath is not tiled and waiting for the new owners. It does have tub, new toilet, new pedestal sink and hardware

Bedroom

1st Floor; Chandelier,Full Bath

Bedroom

1st Floor; Chandelier

Bedroom

1st Floor; Chandelier

Bath

Main Floor; Coffered Ceiling(s),Tile Counters,Full Bath

Bath

1st Floor; Soaking Tub; The owner replaced the shower pan and waiting for the new buyer to tile the bath. The bathroom has original blue and yellow tile and pedestal sink, new hardware

Basement

Lower Floor; High Ceilings; Very large basement with wood burning fireplace however it's not in use. The basement has an interior and exterior entrance.

Lot information

Lot Size

2.07 Lot Acres /Appraisal District

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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

Additional information

Dwelling Type

1st Floor Entry

*Disclaimer: Listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property tax

Cost/Sqft based on tax value

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Mortgage

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Listing Tax	Numbers
Principal & Interest	2,841
Taxes	1,242

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.