If you're staying here thinking you're staying in Terlingua proper, you're not. It's an hour drive to the "center" of Terlingua. And actually when we put the Lodge's address into GPS it gave us an Alpine address. So the name is misleading. If you're using this as a base camp for visiting Big Bend, it's about an hour and half to Panther Junction.
Add an additional 20 minutes to the drive times given by Google Maps, the last three miles are probably the worst gravel road I've ever encountered (big rocks, washboard and washouts). So if you have a nice car or would rather not have to pay for a new front-end alignment, I'd avoid this place.
We had a two night reservation here, but didn't return for the second night solely because of the road. Other than that, the place is pretty plain-jane. And noisy, our cabin was a four-plex and the neighbors were up early to get to Big Bend. Not really worth what they were charging.