Active

201 W Fayette ST

Fayetteville TX, 78940

$1,570,000


$190.93 per sqft

Active

8,223 sqft

Commercial

Built in 2003

Exclusive opportunity to purchase the Grand Fayette Hotel overlooking the charming historic square of Fayetteville. The iconic building, built in 1900, became a boutique hotel in 2003 and was updated in 2017 to have 10 beautifully decorated ensuite rooms, 8 rooms upstairs and 2 at garden level. All furnishings and hotel linens are included (some exclusions apply.) On a corner 9027 sf lot, an enclosed patio garden joins the main hotel (7407 sf) with the garden cottage(816 sf).

The Grand Fayette has a popular Wine Bar Restaurant run by Chefs George and Kathy Valtasaros bringing in patrons from Houston, Austin and surrounding areas. The large dining area is also the perfect venue for weddings, rehearsal dinners, birthday and anniversary parties and many other events.

Enter through antique double doors to the comfortable lobby with guest lounge area and 2 half baths. A small, enclosed area off of the lobby is currently being used for a high-end retail store. The Wine Bar Restaurant is directly off the lobby and opens to the large dining area. Upstairs in the hotel are 8 well-appointed guest rooms with private baths depicting the charm and grace of Fayetteville and the countryside. Upstairs has a guest lounge area and coffee bar with a screen door leading out to the front balcony. The garden cottage has 2 first floor private suites. A backstairs balcony, garden and patio with fountain provides multiple outdoor spaces for guests.

Centrally located 85 miles from Houston, 80 miles from Austin and 14 miles from Round Top. Fayetteville is active with restaurants, shops, art galleries, art/music festivals and is building a multi-purpose performance center a block away, drawing more and more people to this delightful town.

5095270

MLS ID

April 18, 2023

Listed

November 17, 2024

Updated

Map

201 W Fayette ST
Fayetteville TX, 78940

Interior Features

Floor Description

Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric, Zoned


Heating

Yes


Heating Description

Ceiling, Electric, Zoned

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

Public Sewer

Other Property Details

Area Name

FC


Taxes

$10,598


Tax Frequency

Annually


Garage

No


Parking

Asphalt


View

No


County

Fayette


Water Source

Public


Pool

No

Listing History

Date

Event

Price

6/28/2024

Price change

$1,570,000

-13%

2/16/2024

Price change

$1,800,000

-9%

12/6/2023

Price change

$1,957,000

-14%

7/31/2023

Price change

$2,257,000

-10%

Courtesy of Martha Turner Sotheby's International Realty

Listing Contact: (713) 520-1981

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Mike Seder Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

Listings courtesy of ACTRIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of ©2024 (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Database last updated 2:37 AM UTC, 11/17/2024

 

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