"I can confirm that Magnolia has purchased the historic Cottonland Castle," Magnolia Realty spokesperson John Marsciano told KCEN in a statement. "For nearly two decades, Chip and Joanna have admired the property as a hallmark of the Castle Heights neighborhood—they've even made past attempts to purchase it. The property is an iconic piece of Waco's history and while specific plans have not yet been determined, one thing is for certain: their efforts will focus on fully completing the home's long overdue and well deserved restoration."
WTHR reported that the historic home was last purchased in 2014. It has three bedrooms and two and a half bathrooms.