DALTX Real EstateDALTX Real EstateDALTX Real Estate
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Reading: Chip and Joanna Gaines’ ‘Fixer Upper’ Bicycle House in Waco Lists for $550K
Share
Font ResizerAa
DALTX Real EstateDALTX Real Estate
Font ResizerAa
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
  • Home
  • Guest Post
  • Agents
  • Contact Us
  • About
  • Advertise With Us
Follow US
© DALTX. All Rights Reserved.
DALTX Real Estate > Fixer-Upper > Chip and Joanna Gaines’ ‘Fixer Upper’ Bicycle House in Waco Lists for $550K
Fixer-Upper

Chip and Joanna Gaines’ ‘Fixer Upper’ Bicycle House in Waco Lists for $550K

3 Min Read
SHARE
1400-N-5th-St-Google-Maps-1-18-2021-7-09-01-PM-1024x577
The Bicycle House at 1403 N. Fifth St. in Waco is listed for $550,000. (Google Maps)

One of Chip and Joanna Gaines’ Season 1 projects is on the market in Waco, but it could be a hard sell to those who aren’t Fixer Upper fans.

The house on 1403 N. Fifth St. was renovated by the Gaineses and dubbed the Bicycle House. Agent Josh Barrett with Turner Behringer Real Estate lists the house, which was built in 1910, at $550,000.

“We’re not selling it with the intention of someone to live there,” Barrett said. “It’s being sold as a business with all the furniture included and the financials meant to back the listed value.

“It’s not cheap, but the financials support the business because it’s been touched by Chip and Joanna.”

The three-bedroom, two-bathroom 1,516-square-foot house has plenty of the Gaines’ signature touches — shiplap accents and a country-style kitchen. Joanna added gold-toned decor, including a vintage bike that hangs on the office wall. The house is about two blocks from the Brazos River, convenient to the Gaines’ Magnolia Market at the Silos, and near hiking and biking trails of Cameron Park.

1400-N-5th-St-Google-Maps-1-18-2021-7-09-01-PM-1024x577
This is why this house is known as the Bicycle House. (Realtor.com)

With all the charm, why would it be a hard sell?

First off, it would appeal only to fans or investors hoping to cash in on the Gaines’ involvement. The median home value in Waco is $126,300, according to Zillow. Specifically, in the 1400 block of North Fifth Street, the four homes that share the block have an average value of $145,418. We’re all aware of the property tax implications of a home that’s valued (not appraised) at $550,000.

The 1,516-square-foot Bicycle house, formerly known as the Mailander House, has plenty of @hgtv Fixer Upper hosts Chip and Joanna Gaines' signature touches. Here's the Season 1 video. https://t.co/fWTRb3YoEg

— Tommy Cummings (@tommycummings) January 19, 2021

Typically, Fixer Upper-renovated homes that are listed tend to evolve into rentals, vacation homes, or Airbnb destinations. In October, The List provided updates on past renovations that were listed. It included a few successes and a few projects that didn’t have a warm and fuzzy HGTV-style ending.

The Gaineses picked up the home in early 2014 for $44,900, according to Realtor.com. Formerly known as the Mailander House, it was put on the market in 2017 before owners listed it as a vacation rental. In April 2018, the home sold for $293,750, according to Realtor.com. The current owner continues to list the house for vacation rental while it’s on the market. On VRBO, the Bicycle House rents for $267 a night.

When it’s sold, “the bicycle will be included,” Barrett said.

1400-N-5th-St-Google-Maps-1-18-2021-7-09-01-PM-1024x577
Chip and Joanna Gaines picked up the Bicycle House in 2014 for $44,900.
Trailer for Chip and Joanna Gaines’ Fixer Upper Welcome Home on Discovery’s new subscription streaming service, Discovery+.
Former NBA Pro Eduardo Najera Lists Super Tall Kings Gate Manse for Mega Bucks
Up or Down? Which Real Estate Report to Believe?
Real Estate Rocks: The Diamond Doctor’s 100 Million Diamond Event is Tonight, and I Need a Retroactive Push Gift or Two
The Owners of This Little Lavon House Went Full ‘Fixer Upper’ And It’s Almost Too Cute For Words
Treasure Trove Estate Sale of Stanley Marcus' Personal Secretary is on Today And Tomorrow
TAGGED:Airbnbcelebrity real estateChip and Joanna GainesHGTV's Fixer UpperMagnolia MarketRealtor.com
Share This Article
Facebook Email Copy Link Print
Previous Article Texas Weather is Fickle, So Don’t Forget These Winter Home Maintenance Tips
Next Article These Plush Digs Put You Closer to The Pomp And Circumstance in D.C.
Popular News
Dallas real estate news

Is Full Disclosure Coming? Austin Sues State Over Property Tax Appraisals

I SPI With My Little Eye Great Deals on the Texas Gulf Coast
The Brickyard Bringing New York City-Inspired Living to Farmers Branch
Dallas Architect Blane Ladymon Brings LEGO Exhibit to Architecture And Design Exchange
Carley Moore Offers Insight Into The New Normal of Tarrant County Real Estate
about us

DaltxRealEstate.com is the largest real estate blog and the only one in North Texas.

Links

  • Privacy Policy
  • Terms of Service
  • Contact Us
  • Paid Guest Post Submission

Categories

  • Wednesday WTF
  • East Dallas
  • Monday Morning Millionaire
  • Upon Closer Inspection

Get Involved

  • Advertise With Us
  • Write for Us: Submit Guest Post

Find Us on Socials

© DALTX. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?