Fayetteville TX Commercial for Sale

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Type:
Other
Sq.Ft.:
8,223
Status:
Active
Beds:
n/a
Lot size:
0.22 Acres
Year built:
2003
Baths:
MLS#:
5095270

ADDITIONAL INFORMATION

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.

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Andrea D. Conner, License 521381, Xome Inc., License 9002330, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Fayetteville Real Estate

The median home value in Fayetteville, TX is $513,000. This is higher than the county median home value of $396,800. The national median home value is $338,100. The average price of homes sold in Fayetteville, TX is $513,000. Approximately 48.35% of Fayetteville homes are owned, compared to 7.03% rented, while 44.63% are vacant. Fayetteville real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fayetteville real estate agent to arrange a tour today!

Fayetteville, Texas has a population of 312. Fayetteville is less family-centric than the surrounding county with 9.78% of the households containing married families with children. The county average for households married with children is 26.83%.

The median household income in Fayetteville, Texas is $54,231. The median household income for the surrounding county is $66,624 compared to the national median of $69,021. The median age of people living in Fayetteville is 57 years.

Fayetteville Weather

The average high temperature in July is 94.7 degrees, with an average low temperature in January of 39.7 degrees. The average rainfall is approximately 41.1 inches per year, with 0 inches of snow per year.

Fayetteville Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    38
    30-day change

Fayetteville Schools and Demographics

Education near Fayetteville, TX

Metric City County
High School Graduates 94.77 88.49
College Degree - 2 year 5.92 6.86
College Degree - 4 year 24.39 23.04
Graduate Degree 5.23 5.23
Expenditures per Student 18,177 18,177
Students per Teacher 12.1 12.1

Elementary Schools near Fayetteville, TX

School Grades Students P/T Ratio ZIP
Columbus Elementary School PK - 05 771 15.2 78934
Hermes Elementary School PK - 03 583 15.4 78945
Round Top-Carmine Elementary School PK - 06 161 13.7 78954
West End Elementary School KG - 05 148 12 78944

Middle Schools near Fayetteville, TX

School Grades Students P/T Ratio ZIP
Columbus Junior High School 06 - 08 332 11.8 78934
La Grange Intermediate School 04 - 06 394 12.4 78945
La Grange Middle School 07 - 08 305 12 78945

High Schools near Fayetteville, TX

School Grades Students P/T Ratio ZIP
Columbus High School 09 - 12 486 12.5 78934
La Grange High School 09 - 12 603 12.8 78945

Ungraded Schools near Fayetteville, TX

School Grades Students P/T Ratio ZIP
* Columbus Alternative School 09 - 12 16 177.8 78934
Fayetteville Schools PK - 12 211 9.4 78940

Demographics near Fayetteville, TX

Metric City County
Neighborhood Type Small Town
Population 312 24,445
Population Density 622 26
Median Age 57 47.7
People per Household 2.3 2.8
Median Household Income 54,231 66,624
Average Income per Capita 34,467 33,556