Lockhart, TX 78644,1125 Magnolia ST

$1,400,000

Est.Price: ?

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Est. payment /mo

5 Beds

5 Baths

5,749 SqFt


SOLD DATE : 07/26/2024

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 5,749 sqft

Price per Sqft $173

Subdivision Mrs M M Blanks

MLS Listing ID 5533115

Sold Date 07/26/24

Style 1st Floor Entry

Bedrooms 5

Full Baths 5

Originating Board actris

Year Built 1932

Tax Year 2023

Lot Size 2.066 Acres

Property 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!

Location

State TX

County Caldwell

Interior

Interior Features Bar, Bookcases, Built-in Features, Cedar Closet(s), Ceiling Fan(s), Beamed Ceilings, Coffered Ceiling(s), High Ceilings, Chandelier, Granite Counters, 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

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air

Flooring Parquet, Tile, Wood, See Remarks

Fireplaces Number 3

Fireplaces Type Basement, Library, Living Room

Fireplace Y

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

Exterior

Exterior Feature Gutters Partial, Private Yard

Garage Spaces 3.0

Fence None

Pool None

Community Features None

Utilities Available Electricity Available, Natural Gas Available, Phone Available

Waterfront Description None

View None

Roof Type Tile

Accessibility Hand Rails

Porch Covered, Patio, Porch

Total Parking Spaces 10

Private Pool No

Building

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

Faces South

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Masonry – All Sides,Stucco

New Construction No

Schools

Elementary Schools Bluebonnet (Lockhart Isd)

Middle Schools Lockhart

High Schools Lockhart

School District Lockhart Isd

Others

Restrictions City Restrictions,Zoning,See Remarks

Ownership Fee-Simple

Acceptable Financing Cash, Conventional, Owner May Carry

Tax Rate 1.9903

Listing Terms Cash, Conventional, Owner May Carry

Special Listing Condition Standard

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Listed by Kuper Sotheby's Int'l Realty
Bought with Blairfield Realty LLC
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