If you’ve ever dreamed of owning a piece of the magic created by the Fixer Upper duo, Chip and Joanna Gaines, now’s your chance with the Magnolia House on the market. Nestled in the charming town of McGregor, Texas, there’s a property that’s making waves in the real estate world.
The Magnolia House Property
Meet the Magnolia House and its counter-part, the Carriage House, two beautifully renovated properties that bear the hallmark of Magnolia design. The combined homes offer a total of seven bedrooms and four bathrooms, ensuring a spacious and comfortable retreat for guests. And the best part? This property has an abundance investment potential all for the price of $995,000.
Vacation Rental History
When online reservations were first offered for the Magnolia House bed and breakfast, it saw an immediate surge in popularity. Reservations remained fully booked for the following six months, and when fall 2017 reservations were released, they were snapped up within a mere 45 minutes. Presently, the bed and breakfast continues to list on Airbnb. While the Magnolia House appears with a listed nightly rate of $938, it currently shows no availability for bookings. Meanwhile, the Carriage House is open for reservations, requiring a minimum two-night stay with rates set at $600 per night for the period of October 9 through October 12, with all other dates marked as unavailable.
An Investment Opportunity
Now, for those with a keen eye for investment opportunities, this might be your moment. The Fixer Upper brand is a household name, and properties associated with Magnolia have a track record of success. The Magnolia House and Carriage House could be an excellent addition to your investment portfolio.
How We Can Help
At the Onward Real Estate Team, we specialize in identifying prime investment opportunities like this one. Whether you’re looking to own a piece of Fixer Upper history or explore other investment prospects, we’re here to guide you every step of the way. Get in touch with us today, and let’s turn your real estate dreams into reality.