Chip and Joanna Gaines List Waco Mansion for $7.39 Million
The couple is selling their expansive Waco property after a multi-year renovation project.
Updated on Oct. 26, 2026 in Home Renovation
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Chip and Joanna Gaines have officially listed their massive Waco mansion for $7.39 million. The property, which overlooks Lake Waco, will be featured on an upcoming television special.
Why it matters
The renovation project for this historic property faced significant hurdles, including substantial budget challenges and unexpected structural setbacks that required extensive work. The sale follows a three-year effort to modernize the estate while preserving its original architectural character.
The property spans 5.7 acres and features a 15,000 square foot residence with six bedrooms and 11 bathrooms. Additional amenities include an infinity-edge pool, a wine cellar, four garage bays, and a dedicated media room.
The players
Chip Gaines
Chip Gaines is a television personality and real estate developer best known for starring alongside his wife in home renovation programs.
Joanna Gaines
Joanna Gaines is an interior designer and television personality who frequently collaborates with her husband on high-profile renovation projects.
The details
Joanna Gaines directed the interior design by implementing a neutral palette while preserving architectural details like original moldings and millwork. The expansive estate also includes a billiard room, gym, outdoor kitchen, pond, and a private guest suite.
Timeline
Chip Gaines purchased the Waco property in 2023.
The couple secured a buyer for the historic estate in September 2026.
The mansion was officially placed on the market on October 26, 2026.
Fixer Upper: Chip Bought a Mansion premieres on December 27, 2026.
Culture Shift
The property sale reflects the growing trend of high-end home restoration projects becoming focal points for entertainment media. This shift highlights how celebrity-led renovations transform local real estate markets by blending luxury design with reality television production.
The sale of this estate highlights the high-end tier of the Waco real estate market for prospective buyers and luxury enthusiasts. Residents may see continued interest in regional architectural preservation due to the public nature of these renovation projects.
The takeaway
Large-scale renovations often encounter complex financial and structural obstacles that may extend well beyond initial project timelines. Investors and homeowners should prioritize budget contingencies when undertaking substantial historical property restorations.
What happens next
The renovation journey and the final reveal of the property will be showcased when Fixer Upper: Chip Bought a Mansion premieres on December 27, 2026.
Further reading
Explore more projects in the area on the Home Renovation page.
Live Poll
Do you trust that home renovation shows provide a realistic view of the remodeling process?
