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
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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