'Fixer Upper' stars Chip and Joanna Gaines reportedly bought a stunning castle in Waco, Texas

Mireya Acierto/Contributor/Getty Images
  • HGTV stars Chip and Joanna Gaines reportedly purchased Cottonland Castle, a historic landmark in Waco, Texas.
  • The “Fixer Upper” couple will be renovating the local icon, which fell into disrepair before its most recent update in 2014.
  • The castle is the latest in the couple’s work around the Texas city where they live and have based their Magnolia business empire.

HGTV stars Chip and Joanna Gaines have put a royal spin on their real estate portfolio.

The couple bought the Cottonland Castle, a Waco, Texas historical landmark Friday, local outlet WTHR reported.

The 129-year-old castle was built in 1890, has 6,700-square feet and holds three bedrooms and two and a half bathrooms. It was reportedly listed for $US425,000.

Representatives for the “Fixer Upper” couple confirmed in a statement they would be renovating the castle, which would be the most recent update to the building since 2014.

Read more: Everything you need to know about the real-life love story of ‘Fixer Upper’ stars Chip and Joanna Gaines

A page for the castle published by Baylor University lists the Gaines’ purchase as the latest development in the landmark’s history and says the couple is committed to renovating the local icon.

“They have promised to finish renovating the home and give it the attention it deserves,” the page reads.”The castle will always be a striking hallmark of the Castle Heights neighbourhood, and the impressive home continues to stand as a quiet reminder of the importance of the cotton industry which once brought prosperity to Waco.”

The WacoTribune-Herald noted that the Cottonland Castle was officially designated with Texas Historic Landmark status, so any construction will have to abide by a set of guidelines.

Read more:

See what life is like for ‘Fixer Upper’ couple Chip and Joanna Gaines, who cofounded the Magnolia empire and are raising 5 kids on a farm in Waco, Texas

A house designed by Joanna Gaines is on the market – take a look inside

Chip and Joanna Gaines are now worth a combined $US18 million – here’s how they make their fortune

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