201 Fayette StFayetteville, TX 78940

Property Details for 201 Fayette St

Year built

2018

Lot size

0.16 AC

Property size (Sq ft)

7,407 SF

Property type

Commercial real estate

APN

24009

APU

24009

Description

Exceptional opportunity to own the Grand Fayette Hotel, a beautifully restored 1900s building situated on a 0.22-acre corner lot (9027 sq ft) in historic Fayetteville, TX. This iconic property boasts 10 exquisitely decorated ensuite guest rooms (8 upstairs, 2 in a garden cottage), all with furnishings and linens included (some exclusions apply). The main hotel building (7407 sq ft) features a charming lobby with a guest lounge and two half baths, a high-end retail space, and a popular Wine Bar Restaurant operated by Chefs George and Kathy Valtasaros, attracting clientele from Houston, Austin, and beyond. The spacious dining area is ideal for various events, including weddings and private parties. The property also includes an enclosed patio garden and a separate 816 sq ft garden cottage with two first-floor suites. Multiple outdoor spaces, including a backstairs balcony and a patio with a fountain, enhance the guest experience. Conveniently located 85 miles from Houston, 80 miles from Austin, and 14 miles from Round Top, the hotel benefits from Fayetteville's thriving arts scene, numerous restaurants and shops, and the upcoming multi-purpose performance center. The total building size is 8223 sq ft. Priced at $1,570,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,087,776

  Hospitality

  $1,912,392

  Educational

  $1,591,087

  Medical

  $1,645,807

  Retail

  $2,475,025

Location Insight

City

Fayetteville

County

Fayette

State

Texas

Latitude

29.9042

Longitude

-96.677

Property Tax & Assessments

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