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This small 'Fixer Upper' house is for sale — for nearly $1 million

Chip and Joanna Gaines sure do have the magic touch.

A 1,050 square-foot shotgun house the duo renovated on Season 3 of HGTV’s "Fixer Upper" is now hitting the market for a whopping $950,000. That equals to about $905 a square foot.

Picture It Sold/Carol Embry
The one bedroom, one bathroom house is worth a whole lot more than it used to.

Featuring one bedroom and one bathroom on 0.15 acres of land, the house may not seem worthy of the extreme price tag — especially considering it's only appraised for tax purposes at $132,010, according to a report on the Waco Tribune-Herald.

But owners Cameron and Jessica Bell see it as an investment opportunity for whomever buys it. After all, it’s been making them money for a while now. The home was intended as a place for Cameron to stay during business trips, but he said in a recent interview that he received such an enthusiastic response on Airbnb for the times he wasn't in town, that he now stays with his parents when he needs a place to crash. They’ve been renting it out for $325 a night, and it’s stayed rented at over 90 percent occupancy.

Picture It Sold/Carol Embry
Classic "Fixer Upper" charm is apparent in the house's decor.

“It is within walking distance to The Magnolia Store and the Silos,” listing agent Jennifer Roberts with Briggs Freeman Sotheby’s International Realty, told TODAY Home. “It is also very close to Baylor's football field and would be a great opportunity for that die-hard Baylor Bears fan.”

Picture It Sold/Carol Embry
The couple has never actually lived in the house — they’ve been renting it out for $325 a night.

Besides the great location, there’s something to be said about that "Fixer Upper" fame. The home was a standout episode for the series, as it was one of the most dramatic renovations to date.

Picture It Sold/Carol Embry
“It is within walking distance to The Magnolia Store and the Silos,” the listing agent said.

The 1920s abandoned house had been overrun with critters and was pretty much falling apart, but the team turned the crumbling property into an adorable livable space.

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'Fixer Upper' stars Chip and Joanna Gaines: Why we're proud to help Waco

Play Video - 4:53

'Fixer Upper' stars Chip and Joanna Gaines: Why we're proud to help Waco

Play Video - 4:53

Some of the updates included installing hardwood floors, adding floor length windows and shuffling the floor plan a bit to make it more practical. They also added a loft for additional living space and gave the exterior a complete makeover.

Picture It Sold/Carol Embry
The price tag, a whopping $950,000, equals about $905 a square foot.

There’s no question that the house is a pretty piece of property now, but some skeptics are wondering if the owners are asking too much for it. Considering they’ve already got $40,000 worth of rentals booked on the calendar right now, maybe it really will pay for itself in no time.

  • Slideshow Photos

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty

    Tour the 'Barndominium' from 'Fixer Upper'

    One of the home made over by Chip and Joanna Gaines on "Fixer Upper" is on the market! Take a tour.

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    One of the homes made over by Chip and Joanna Gaines. They converted a barn into a gorgeous home during Season 3 of “Fixer Upper” on HGTV.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The Texas home went on the market in April 2017 for $1.2 million dollars.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The home still has signature “shabby chic” touches that Joanna Gaines is known for.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The house is 2,700 square feet and looks just as it did after the “Fixer Upper” episode.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The dining room seats up to 16 people. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    Joanna Gaines is famous for her use of shiplap on walls, and the dining room definitely got the treatment. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The home was originally a horse barn.  

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The home sits on 16 acres of land that’s covered in trees and includes a private lake.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The home has numerous sitting areas on its main floor.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    We love the shabby chic decor.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The chandelier is another beautiful touch from Joanna Gaines. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The eclectic kitchen mixes rustic features, like the kitchen island, with other contemporary elements.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The countertops are made from concrete.   

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The home is filled with decorations chosen by Joanna Gaines. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    All of the home’s decorations were chosen by Joanna Gaines, the listing agent said in a press release. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The Gaines installed a patterned backsplash along with a vent hood that’s actually made from wood.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The barn door is a nod to the building’s original purpose.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    “I wanted the living room to feel cozy,” Joanna Gaines said on her blog, MagnoliaMarket.com.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    This room was designed for the family’s son. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    He loved Legos, as evident by the Lego wall.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    The home has five bedrooms in total.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    Another bedroom in the “Barndominium.”

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    Joanna Gaines said on her blog that she wanted to give the stair rail a “modern barn feel.”

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    Another bedroom. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    Another bedroom.

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    It comes complete with a laundry room ready for a busy family. 

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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    What a stunning home!

    Courtesy of Jennifer Roberts, Briggs Freeman Sotheby's International Realty
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