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    B&B For Sale

    Historic Texas bed and breakfast with a cigar factory past goes on sale for $1.2 million

    Barbara Kuntz
    Barbara Kuntz
    Feb 19, 2014 | 12:29 pm

     Editor's Note: Houston and the surrounding areas are loaded with must-have houses for sale in all shapes, sizes and price ranges. In this continuing series, CultureMap snoops through some of the best and gives you the lowdown on what's hot on the market.

     

    A country-chic, top-rated bed and breakfast is up for sale in Round Top, with options for a buyer to continue to run it as a business or make it a family vacation compound — or a combination of both — all the while enjoying a relaxed lifestyle in this antique haven. Let's take a visit to the renowned Round Top Inn.

     

     A Bit of History
    In the 1880s, German immigrant Charles H. Schiege constructed three of the six buildings on the site, now known as 407 S. White St. Here, Schiege operated the Schiege Cigar Factory until the 1930s, distributing his popular hand-rolled cigars — including the Texas Star and LaRosa Suprema — across Texas. The cigar master provided housing for his employees, and factory workers ate their meals with the Schiege family.

     

    The inn has honored that tradition of Texas hospitality for 20 years by serving guests a home-cooked breakfast each morning in the Cigar Factory.

     

    After three generations of Schiege family members, preservationist Hazel Ledbetter of Houston purchased and restored the Main House in 1965, which was then owned by philanthropist Faith Bybee and the Texas Pioneer Arts Foundation. In 1991, Ted and Sandy Reed of Houston carefully refashioned all of the accommodations.

     

    David Athey, a Houston native, bought and updated the entire property in 2008, bringing his vision of a luxury countryside inn to life, while also staying true to the site’s history.

     

     Walk Around
    The inn pairs modern amenities with rustic charm, offering guests a cozy stay in picturesque surroundings within walking distance of town square. Beautifully restored guest rooms and cottages are nestled among majestic oak trees and manicured grounds on this one-acre compound.

     

    Built in 1885, the two-story Main House is the largest residence on the property, featuring two individual guest suites upstairs and living quarters for the former innkeeper downstairs. The Farm House is complete with a sprawling front porch and plenty of rocking chairs. An adorable two-story, salt-box-style abode, the Gate House offers two bedrooms, while the Little Cottage is a private retreat on its own with a king-sized bed and full bathroom with a Jacuzzi/shower.

     

    Located over the Cigar Factory, the Bunk Room is a loft with a queen-sized bed, twin bed and a full private bathroom. Appointed with antiques, artwork and distinctive personal touches, no two rooms are alike.

     

    A spacious Retreat Center is perfect for reunions, birthdays, luncheons or private parties. Facilities are connected by hand-laid rock sidewalks, and designated parking makes for easy access to all structures.

     

     Square footage: Five residences and a retreat center on about one acre

     

     Asking price: $1,225,000

     

     Listing agent: Walter Bering, Martha Turner Sotheby's International Realty

    Welcome to Round Top Inn, just three blocks away from the unique boutiques, art galleries and restaurants in the town’s square. Pictured here is the front of the Main House, a portion of which was used as an office for the bed-and-breakfast business.

    On the Market Round Top Inn February 2014
      
    Photo by © Ben Hill TK Images
    Welcome to Round Top Inn, just three blocks away from the unique boutiques, art galleries and restaurants in the town’s square. Pictured here is the front of the Main House, a portion of which was used as an office for the bed-and-breakfast business.
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    millennial movers

    More millennials bought homes in Houston than any other city in 2024

    Amber Heckler
    Jul 14, 2025 | 5:15 pm
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    Houston is turning into a haven for millennial homebuyers, a new SmartAsset housing study has found. Nearly 62,000 millennials purchased homes in the Bayou City in 2024.

    The report, "Where Millennials Are Buying Homes – 2025 Study," analyzed mortgage origination data across 41 of the largest U.S. metros, ranking them based on the percentage of local people aged 25-44 who purchased a home in 2024. As a note, the study only observed conventional mortgages and not FHA, USDA, or VA loans.

    The findings show more millennials bought homes in Houston-Pasadena-The Woodlands than in any other U.S. metro last year, totaling 61,826 originated mortgages.

    "This was the highest raw number of new Millennial homeowners nationwide, outranking metros like New York City and Los Angeles, which have much larger total populations," the report's author wrote.

    For additional context, that's nearly 6,100 more mortgages than Dallas-Fort Worth-Arlington, which had the second-highest number of millennial home purchases nationwide in 2024.

    The median property value of a Houston-area home purchased by a millennial in 2024 came out to $345,000, and the median income of a millennial homeowner was $124,000, according to the report.

    Despite the vast number of millennials that bought homes in Houston last year, it only accounted for 2.85 percent of all local residents within the 25-44 age bracket. Furthermore, Houston-Pasadena-The Woodlands placed 27th in the report's ranking of U.S. metro areas with the highest percentage of millennials who purchased homes in 2024.

    The No. 1-ranking metro was Raleigh-Cary, North Carolina with 4.5 percent of local millennials securing a mortgage last year. However, that percentage only represented 19,735 mortgages originated in 2024.

    SmartAsset said U.S. metros with a high rate of millennial homebuyers may show desirability within the area's job market, housing market, and its local economy.

    "In some places, 1 in every 25 residents between the ages of 25 and 44 purchased a home with a conventional mortgage just in 2024 alone," the study said. "In other major metros, less than 1 in 100 Millennial-aged residents last year. This disparity can cause divergent implications for local infrastructure, politics, and business demand among different metros."

    Here's how many mortgages that were secured by millennials in Texas' other major metros in 2024:

    • Dallas-Fort Worth-Arlington – 55,732 mortgages
    • Austin-Round Rock-San Marcos – 27,196 mortgages
    • San Antonio-New Braunfels – 26,337 mortgages
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