Chip and Joanna Gaines currently own the historic Cottonland Castle in Waco, Texas, through their Magnolia brand, and it has remained in the “Magnolia family” despite being put up for auction and later kept off the market.

Who owns the Waco castle?

  • The property known as Cottonland Castle in Waco, Texas, was purchased by Chip and Joanna Gaines in 2019 as part of their Magnolia real estate and design ventures.
  • In 2023, after initially planning to auction the castle, Magnolia stated that the “Historic Waco Castle is staying in the Magnolia family,” meaning it remains owned by Chip and Joanna’s Magnolia interests and has not been sold to a new outside owner.

What is the castle exactly?

  • The castle is officially called Cottonland Castle and is a historic, German-style stone residence located at 3300 Austin Avenue in Waco, Texas.
  • It dates to the early 1900s and was designed to resemble a small German castle near the Rhine River, with stone exterior, tower, multiple fireplaces, and other period details.

Recent updates and “latest news”

  • The castle was featured in the series “Fixer Upper: Welcome Home – The Castle,” where the Gaineses documented a full restoration of the long-neglected property.
  • After announcing an auction in 2023, Magnolia later confirmed that the prospective sale did not close and that the castle would not be sold “at this time,” keeping ownership with Magnolia and the Gaines family for the foreseeable future.

How is it used now?

  • While owned by the Gaines family/Magnolia, the castle has been used primarily as a showcase project, with limited public access via guided tours where visitors can see the restored interiors and design elements from the television series.
  • Tickets for these small-group tours have been offered with a portion of net profits donated to local nonprofits in Waco, tying the property into Magnolia’s tourism and community efforts.

Information gathered from public forums or data available on the internet and portrayed here.