1220 W Lake Dr INCOME-PRODUCING POTENTIAL MEETS HISTORIC LUXURY This is not just a home-it's a fully scalable opportunity. Welcome to the iconic Charles Hague Homestead (circa 1888), a 3-story Victorian estate on 1.4 acres in the heart of rapidly growing Taylor, Texas. With 4, 527 sq ft, 4 bedrooms, 4 bathrooms, and multiple living areas, this property offers flexibility for a variety of uses. The setting lends itself to a wedding or event venue, boutique bed and breakfast, short-term rental, or corporate retreat. Mature trees, open grounds, and timeless architecture create a one-of-a-kind backdrop for gatherings and guest experiences. Outdoor features include a private pool, sport court, RV hookup, and multiple outbuildings, including a detached structure ideal for events or additional guest space. The corner lot and acreage provide room to expand or enhance. Inside, soaring ceilings, historic details, and three fireplaces create a memorable atmosphere that supports premium positioning and guest appeal. This property sits within a high-demand niche-historic homes that attract experience-driven buyers and guests, offering strong income potential and market differentiation. Located in one of Central Texas' fastest-growing areas, demand for unique properties like this continues to rise. It can also serve as your private residence, allowing you to carry on the legacy of this historic home while enjoying its beauty and character. Schedule your private tour and explore the possibilities. Important Note: Buyers to independently verify zoning, use, and restrictions. The City of Taylor has demonstrated strong support for adaptive reuse of historic properties-but due diligence is key.