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    Royal real estate

    Chip and Joanna Gaines' Fixer Upper castle in Waco goes up for auction

    Stephanie Allmon Merry
    Jun 26, 2023 | 12:47 pm
    Fixer Upper castle Waco

    Bidding begins July 20.

    Photo courtesy of Magnolia

    Hear ye, hear ye: The most famous castle in all of Texas is seeking new owners. By royal decree (aka Facebook post), renovation king and queen Chip and Joanna Gaines have revealed that they're auctioning off the historic Waco castle that they spent years rehabbing and made the focus of a special Fixer Upper series on Magnolia Network.

    The Gaineses' Magnolia Realty posted on June 24 that the Cottonland Castle will be offered through Concierge Auctions. Bidding will begin at 3 pm July 20, and there's no reserve. A $100,000 bidder deposit is required.

    "In 2019 — after 20 years of dreaming about the chance to renovate this castle — Chip Gaines and Joanna Gaines finally did. They aired the whole process on Magnolia Network last summer, then opened it up for guests to tour. Now, they’re ready for someone new to write the next chapter in this historic home’s story," the Facebook post says.

    The three-story, 6,700-square-foot residence at 3300 Austin Ave. has four bedrooms, three-and-a-half bathrooms, seven fireplaces, and sits on 1.5 acres in the heart of Waco. Construction was started in 1890, finished in 1913, and modeled after a Rhine River castle in Germany.

    The Gaineses purchased structure in disrepair in 2019. According to the Waco Tribune-Herald, the price they paid was not disclosed, "but the property was listed at $425,000 and had a tax appraisal of $350,700 at the time."

    The couple and their Magnolia team designed and executed a regal flip that added a conservatory, library, butler's pantry, card room, and more. It was opened to the public for tours in summer 2022 before being featured on a multiple-episode special called Fixer Upper: Welcome Home – The Castle, in October 2022. Rooms of the castle also have been featured in The Magnolia Journal.

    In the ultimate modern touch — a branding opportunity — a 17-page “Castle Sourcebook” listed design elements and products and where to buy them. A “Colors of the Castle” paint collection also was created and released through Magnolia.

    According to the Waco Tribune-Herald, the property was appraised this year at $1.7 million, including land - nearly $700,000 more than its $1.03 million appraisal in 2022. The castle is also being offered for sale at $2.9 million by Magnolia Realty, and a representative for Concierge Auctions told the Waco newspaper that "there remains the chance a pre-auction offer would be tendered."

    The Gaineses reportedly had planned to sell the castle immediately after the series aired in the fall. But after a three-year renovation, they got a little attached, they said.

    "This is a project that I was pursuing for 20 years. The reality is we need to sell it and we should sell it," Chip Gaines told Entertainment Tonight in October 2022. “But I wonder if it’s not one of those things 10 years from now you don’t look back and wonder, ‘Gosh, should we have kept it? What if somebody in the family wanted it?'"

    CultureMap was one of the first to step inside the castle for a tour. Check out some of the spectacular surprises in this story.

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    rent report

    2 Dallas suburbs have the highest rents in DFW right now, report finds

    Amber Heckler
    Dec 3, 2025 | 5:11 pm
    SkyHouse Dallas apartments
    Photo courtesy of Simpson Property Group
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    After American shoppers spent $11.5 billion on Black Friday this year, it's safe to say many people are watching their wallets this holiday season, including renters. And a new report is shedding light on the North Texas cities that are shelling out the most for their rent.

    Zumper's newest monthly rent report, released December 2, analyzed active listings from the previous month across all cities in the Dallas-Fort Worth Metroplex. It tracked the most and least expensive rent prices for one- and two-bedroom apartments, and determines the cities with the fastest growing rents. Listings were aggregated by city to calculate median asking rents.

    Frisco and The Colony tied for having the highest rent prices in Dallas-Fort Worth in November. According to the study's findings, the median rent price for a single-bedroom apartment came out to $1,620 last month in both cities. In Frisco, that's $10 lower than what it cost for the same apartment in June.

    Frisco residents are expected to budget $3,491 for their holiday presents this year, WalletHub says, which means they might be watching their spending a lot more than other North Texas residents.

    For two-bedroom units, median rent prices in Frisco rose 3.3 percent from October to $2,200. A two-bedroom apartment in The Colony rose 0.9 percent month-over-month to $2,130.

    Grapevine's median rent prices were the third-priciest out of all cities in Dallas-Fort Worth. Zumper found that the median price for a one-bedroom apartment came out to $1,470, and two-bedroom units cost $1,840 in November.

    Dallas tied with Plano for the fourth-highest rents in the metro area, the report said. Single-bedroom units cost the same amount between both cities ($1,470) while two-bedroom units were more expensive in Dallas ($2,060) than in Plano ($2,030).

    For comparison, the price of one bedroom unit in Dallas was $30 cheaper in October, while two bedroom units cost $20 less than November's asking price. In September, asking rent for single-bedroom apartments added up to $1,480, while two bedroom units cost $2,100 per month.

    These are the median rent prices for one- and two-bedroom apartments across Dallas-Fort Worth:

    • Richardson – $1,420 for one-bedroom units; $1,750 for two-bedroom units
    • McKinney – $1,400 for one-bedroom units; $1,850 for two-bedroom units
    • Carrollton – $1,360 for one-bedroom units; $1,730 for two-bedroom units
    • Lewisville – $1,300 for one-bedroom units; $1,700 for two-bedroom units
    • Burleson – $1,250 for one-bedroom units; $1,620 for two-bedroom units
    • Weatherford – $1,240 for one-bedroom units; $1,370 for two-bedroom units
    • Irving – $1,220 for one-bedroom units; $1,650 for two-bedroom units
    • Fort Worth – $1,190 for one-bedroom units; $1,450 for two-bedroom units
    • Grand Prairie – $1,170 for one-bedroom units; $1,560 for two-bedroom units
    • North Richland Hills – $1,160 for one-bedroom units; $1,460 for two-bedroom units
    • Haltom City – $1,150 for one-bedroom units; $1,430 for two-bedroom units

    DFW cities with affordable rent compared to the statewide median
    Zumper found the statewide median rent for a one bedroom apartment came out to $1,126 last month.

    Cleburne had the most affordable rent for a one-bedroom unit in all of Dallas-Fort Worth, with median prices adding up to an even $1,000. The report also found that Cleburne's single-bedroom rent costs are 10.7 percent lower than they were a year ago. The median cost for a two-bedroom unit in Cleburne ($1,190) is 8.5 percent lower than it was in November 2024.

    Six more Dallas-Fort Worth cities had more affordable single-bedroom rent prices than the statewide median: Bedford ($1,110), Mesquite ($1,110), Hurst ($1,100), Denton ($1,090), Arlington ($1,080), and Benbrook ($1,020).

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