$100 Million Hicks Estate Finally Sells

Posted by Kenneth G. Cox on Friday, January 15th, 2016 at 1:10pm

It was all the way back in March of last year that the $100 million Walnut Place property first hit the market, and now almost a year later, it appears one of American’s most expensive homes for sale is now under contract. 

According to reports, the 25-acre Hicks estate in North Dallas has been purchased by billionaire business man Andy Beal, making it the biggest home deal in Dallas’ history.  

In case you forgot, the mesmerizing property formerly known as the Crespi-Hicks Estate was originally built back in the 1930s and features a whopping 27,000 square feet of total living space. Having been completely re-built back in 2000, the main house now includes seven bedrooms plus additional staff bedrooms, with a master suite that measure 3,000 square feet alone. 

There’s also a separate 2-story guest house on the property, as well as a full entertainment building that includes a theater, game rooms, and a list of additional features that seemingly never stops. 

As for the buyer, Beal is among the wealthiest people in the state of Texas and is the co-founder of Beal Bank, which is headquartered in Texas.  

Those close to the deal aren’t commenting further. 

Miss your chance at the Hicks mansion? Don't worry. You can search more luxury real estate in Dallas here

 

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