Babe, There's something tragic about you
The person being addressed has a sadness about them that is noticeable and significant.

Something so magic about you. Don't you agree?
The person being addressed has something special and appealing about them which is hard to miss, and the speaker is curious if the person agrees with them.

Babe, there's something lonesome about you
The person being addressed has a sense of solitude or loneliness that is palpable.

Something so wholesome about you, Get closer to me
There is something so genuine and authentic about the person being addressed that it feels like they are refreshingly wholesome, and the speaker is inviting them closer.

No tired sighs, no rolling eyes, no irony
The speaker wants to imply that there is no sense of apathy or cynicism in their relationship, and there is a kind of honesty that isn't pretentious.

No 'who cares', no vacant stares, no time for me
The speaker is indicating that there is no sense of disinterest or disengagement in their relationship, and they are always willing to make time for one another.

Honey, you're familiar like my mirror years ago
The speaker thinks that the person being addressed seems familiar to them, like how they used to feel long ago when looking into a mirror, and feels like they understand them in some way.

Idealism sits in prison, chivalry fell on its sword
The speaker is implying that society has become a cynical and hopeless place, where values like idealism and chivalry are no longer celebrated, but instead are mocked or neutralized.

Innocence died screaming, honey, ask me I should know
The speaker thinks that the concept of innocence is no longer valued or celebrated; instead, it is seen as weak and naive, and its slow death is lamentable.

I slithered here from Eden just to sit outside your door
The speaker feels like they may not belong in this dark world anymore and may have lost sight of hope and innocence. They came to the person being addressed to find a peaceful and hopeful place where they feel like they belong outside their door.

Babe, there's something wretched about this
The speaker now perceives that there is something more deeply flawed and dysfunctional about their relationship than they originally thought.

Something so precious about this. Oh what a sin.
Although the speaker now recognizes the wretchedness in their relationship, there is still something special, tender, and fragile about their bond the speaker cherishes, making it sinful to let go.

To the strand a picnic plan for you and me
The speaker has made plans for them to go to the beach to have a picnic together as a couple.

A rope in hand for your other man to hang from a tree
The speaker is implying that they might be jealous and have thoughts of harming anyone who would try to come between them, making sure that he won't stand in the way of their relationship again.

Honey, you're familiar like my mirror years ago
The speaker repeats this line again to emphasize how strongly they are feeling that the person being addressed is someone they can connect with on a deep level.

Idealism sits in prison, chivalry fell on its sword
The speaker repeats this line again to indicate that it is a theme about affairs in society and the decline of goodwill and idealism between people.

Innocence died screaming, honey, ask me I should know
The speaker repeats this line again to show that they still feel considerable sorrow or regret that the world has become corrupt, and that innocence is a value that is no longer given much importance, with the death of it being violent and painful to see.

I slithered here from Eden just to hide outside your door
The speaker changes this line to show that they have become less hopeful and less confident about themselves. They have come here not to blend with their love but to hide, perhaps from the world they criticized, or from other people who might judge them.