EOnLine has more on the Real Housewives of Dallas cast:

Cary Deuber is an East Coast girl, hailing from Connecticut before spending her childhood in Ohio and making her way to Texas. A certified registered nurse’s first assistant, Cary has gone on medical mission trips in third world countries. She lives and works in Dallas with her plastic surgeon husband Dr. Mark Deuber and maintains her own aesthetic injectable practice. She’s also a mom to a baby daughter and step-mom to two kids.
Tiffany Hendra, a veteran actress, host and model, moved back to Texas to be closer to her family. Now she’s reconnecting with best friend LeeAnne Locken and working with philanthropic organizations including Angels of East Africa, a group dedicated to the rescue of orphaned children in need. She’s been married to Australian rocker Aaron for 12 years and Bravo notes she has a “troubling past” from her time in the limelight. Classic Real Housewives.
LeeAnne Locken, a former Miss USA Pageant competitor, has had several parts in TV and movies and now leads efforts for several charitable organizations in Dallas.
Stephanie Hollman hails from Oklahoma. Described as “the girl next door,” Stephanie is the mom to two boys. According to Bravo, for Stephanie to make her own money, her husband, Travis, writes up a list of chores for her to do while he’s away on business.
Brandi Redmond, a former Dallas Cowboys Cheerleader, is a dedicated Texan. She married her high-school sweetheart Bryan and is the full-time mom to two young girls. Her husband is away on business, so Brandi focuses a lot on charity work and spends time with BFF Stephanie.
Marie Reyes, a friend to the Housewives, is also involved in the Dallas charity scene. She’s an RN who owns and operates SkinSpaMED.

Wait, who is Marie Reyes?

How cute is this, breakfast at the brand spanking new home of chef Kent Rathbun and restaurateur wife Tracy on Inwood, in Bluffview. He owns some of my favorite dining places —  Abacus, Jasper’s and Hickory restaurants, and mother of two Tracy co-owns Shinsei. Kent says he’s more the school chauffeur in the morning, and Tracy is the chef, and they shared a few delicious recipes:  Toad in the Hole, cinnamon rolls in the waffle iron (NO MIXING GREAT IDEA), and egg tacos with shishito peppers freshly picked from the family’s vegetable garden.

The food looks yummy, and the Rathbuns say cooking is a family affair at their house. But you know what was really making me drool? That kitchen. I want to see more…

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3640 Beverly DriveThey lived on Beverly Drive in Highland Park, at 3640 Beverly to be exact. The beautiful, 9,874 square foot estate built in 1985 was on almost one acre of prime Highland Park dirt, featured six bedrooms, six full baths and a couple powders, eight fireplaces (apparently the Hicks really love a fireplace in every room), formals, a grand entry with a double stairway, formals, kitchen with morning room, both a Butlers and walk-in pantry, the master suite had a sitting room and exercise room and his and her baths (as does Walnut Place), a third floor with two bedrooms and bath, plus huge 1808 square foot quarters/cabana and a pool, arbor, fountain. The home took a little time to sell, but sell it did courtesy of Allie Beth Allman. Over the weekend I heard that Allie Beth has known the Hicks since 1984, been his agent all that time even through a second marriage. There is a lesson for agents here.

Also, the home was designed by Dallas starchitect Larry Boerder, who also was the architect for Andy Beal’s home on Gillon. So both billionaires lived in Larry Boerder-designed homes before they bought Walnut Place, the Crespi Estate.

The home sold in October of 2004 for $7,900,000, which was asking price. It is now owned by Charlotte Jones Anderson, Jerry Jone’s daughter.

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Andrew Beal photo courtesy of Forbes

Recall that when Tom and Cinda first put their 25.5 acre estate on the market, it was listed with broker Douglas Newby for $136 million. That was in January of 2013. The market was just waking up, of course, but behemoth properties are always tricky to sell because the buyer pool is so limited. When Allie Beth Allman and David Nichols got the listing in March of 2015, the price was lowered to $100 million. Which sounds like a lot, but with acres priced at $2 million just for the dirt, that’s $51 million for the land.

The Hicks bought the property in 1997, and they spent more than $100 million extensively renovating the four-story mansion, which was built in 1938. And they added buildings to the estate. In fact, when we toured the home, it was rather like being in a secluded little village of your very own. The long drive keeps out intruders, and security can roam the property.

When the Hicks worked on the home — they were living on Beverly Drive at the time — they doubled the square footage by adding on two wings to either side of the original mansion. They also added a basement housing a 20-seat theater with commercial equipment. And they added a chilled water system to run hot and cold water throughout the house instantly and heat the floors of the master baths.

And you couldn’t just “add on”: the home’s renovation had to carefully reflect the style and mode of architect Maurice Fatio, who designed the home for the original owners: Pio and Florence Crespi. As part of the purchase agreement, Florence lived at the estate until her death in 1999 even though the Hicks has possession.

Which reminds me: the Hicks are looking for a new home base in Dallas, but there is likely no rush to get out: they could always stay in one of the guest houses at Walnut Place!

Alexandre De Champliamaud

Alexandre De Champliamaud

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Peter Marino photo courtesy of Architectural Digest

The Hickses worked with New York City architect Peter Marino and Alexandra de Champalimaud to perfect the expansion and help match Fatio’s original vision for the estate. When they needed stone for the new wings, the original quarry from whence Fatio found stone was re-opened after decades of closure to make sure the stones matched as closely as possible to perfection. The point is, the home easily had more than $100 million in improvements and structure on land valued at $51 million in today’s market. So Douglas Newby was not too far in his original pricing.

So did Andy Beal — 62 year old founder and chairman of Plano-based Beal Bank, a college drop-out with interests in everything from aerospace to high-stakes poker, and a mathematical and investing genius —really cough up $100 million? He is a man known for making deals, a value shopper known as an aggressive bottom-feeder. Most agents I have spoken to believe he negotiated the $100 million asking price of the estate on Walnut Hill Lane. Thus far I’ve heard agents speculate he may have paid $70 to $80 million. Perhaps the Hicks estate was a bit more negotiable than the Crow estate? Or perhaps he did realize the deal was so keen at $100 million?

“Andy Beal is a value investor that’s been interested in the property,” Douglas Newby, owner of Dallas-based luxury boutique brokerage Douglas Newby & Associates, told the DBJ.“But his first choice was buying a home in Highland Park, if he could negotiate the right price.”

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We’ve been blogging about it for weeks now, and I have to give credit where credit is due: Steve Brown at The Dallas Morning News was first to publish that Andy Beal was interested in buying Walnut Place, the former Crespi Estate on Walnut Hill Lane that was listed by Allie Beth Allman and David Nichols for $100 million. I had heard Beal was going back and forth between Walnut Place and the beautiful Crow mansion at 4500 Preston Road. We know the Hicks are getting close to finding a new home in Dallas, and Allie Beth Allman tells me the 35,275-square-foot (67,689 including terraces) estate closed officially this morning when papers were signed. And Beal paid for the home in cash. She will not disclose the sales price, nor comment on my incessant questions about the Crow estate or sales price, but she did tell me that Andy Beal bought all of the estate, all 25.25 acres, and he plans to keep it intact.

“He doesn’t plan to split it,” she told me.

Bravo Andy Beal!

Allie Beth Allman is an amazing agent, and I had to ask her, how does she feel after pulling off the largest sale in Texas history — actually, in Texas and Oklahoma and probably in the whole southwest U.S. history?

“I don’t feel any different,” she said. “I went to back to work immediately. I had an agent calling me during the closing about another property.”

And while she could not divulge what the final selling price was, she did say that both parties were thrilled.

“The Hicks are thrilled, the buyers are thrilled,” said Allie Beth. “And you know I’m not happy if it’s not that way at every single closing, regardless of the sales price. We are talking about someone’s home and they should not just be happy but be thrilled with the entire process.”

If they are not, she says, then I haven’t done my job. And Allie Beth Allman ALWAYS does her job.

As for the Crow estate, she has a listing agreement and it is on the market and available for $46 million.  It was off the market for the holidays, she told me.

I have to laugh at those who said, and some who actually wrote, that this estate would never sell. It took David and Allie Beth only 9 months to sell a $100 million property.

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Until the Waggoner Ranch closes, this is the largest real estate sale in Texas history, and certainly will be the largest in Dallas history for years to come. The last largest sale in Dallas history was 5323 Park Lane, when Kelcy Warren bought the nine plus acre estate of Joyce and Larry Lacerte, designed and built by Cole Smith, decorated by Sherry Hayslip, and listed with Ralph Randall at Ebby Halliday. 5323 Park Lane was originally listed in 2008 for $45 million, then lowered to just under $40 million as the nation’s real estate bubble went bust. According to my sources, it sold for about $29 million-ish, and sharp Kelsey even asked for an outside appraisal. His buyer’s agent was Rosie Waters of Allie Beth Allman and Associates, who is married to football legend Charlie Waters, who works (or worked at the time) for Mr. Warren.

Dallas real estate — I LOVE IT! Jump for the story on Walnut Place, complete with photos, that we ran back in March of this year.Hicks Main House- Foyer and Grand Stairway (more…)

ErinBridgehollow24It was kind of a between the links deal. A couple months ago, Jordan and Hunter talked. Jordan probably said something about everyone driving past his house. Hunter mentioned that his home, in a secure gated community,  was on the market, had been for a couple years. He invited Jordan to come over and see it, and Jordan LOVED what he saw: the golf-simulator room, the indoor basketball court, and the 12-car underground garage with a full mural of the Augusta National clubhouse on the wall as you drive in. That’s the golf club where the famous Masters tournament is played. Erin Mathews then inked the deal with the help of Spieth’s wealth advisor, Mark Griege, who also works with Troy Aikman. Listing price with Erin was originally $8,495,000, but the home had been reduced to $7,995,000. I hear Jordan paid $7,150,000, what a steal! The home had been listed with Cameron Holland for $9,500,000 back in May of 2014. On July 27 of 2015, Hunter listed with Allie Beth Allman’s Erin Mathews, who did her usual magic. The house closed right before the holidays on December 14. $666 per square foot, how do you like that?ErinBridgehollow23 (more…)

CouchextAccording to the Dallas Morning News,

Tonya Couch sold her $343,400 Burleson home on Aug. 10, (2015) county deed records show. She and Ethan had been renting a house in Fort Worth since August 2014, according to her landlord, James Walker.

This is the house Tonya sold on August 10 at 1719 Retta Road in Burleson: a six acre, 3964 square foot estate in a “park-like” setting. It was not $343,000 (but that was the last tax value). Originally listed for $549,000 on 11/23/2014, the home went under contract last May and sold in August for $480,000. Fred and Tonya Couch bought the home back in 2000. And this is where their son apparently partied, complete with red Feng Sui door.Couch door (more…)

 

Hicks Main House-Rear Garden on North Side

Steve Brown alerted us to word that Andy Beal was making a play for the two most expensive homes in Dallas, Tom and Cinda Cree Hicks’ glorious $100 MILLION Walnut Place, formerly known as the Crespi Estate.

Steve said that Beal is considering both the Crespi Estate (move in with your solid gold tooth-brush ready) and the $46 million Crow estate on Preston Road, which was taken off the market in early November, as I told you. It was reduced from $59.356 million to $46m, not sure Steve got that message. The $46 million Crow estate would likely be a tear down and a huge building project for a Mark Molthan, John Sebastian or one of our guys. Enormous.

But it would be someone’s total personal dream.

So I did some digging. I think Steve is onto something. Sure enough, the Hicks home status is cancelled — off the market. Went off MLS on November 24.

Well, why would they do that if they wanted to sell it, you ask?

Simple: keep the price and transaction quiet. Brilliant strategy.

Allie Beth and David Nichols are being quite mum, of course, but I hear that the Hicks have recently been looking at both Museum Tower and The Ritz Residences (Tower II) for an interim home while they decide how and where to downsize in Dallas. Word is they have to be out of Walnut Place by March. It’s really amazing because Allie Beth and David just got the listing in March!

This is all conjecture and chatter, but comes from people in the know, so I’m going to throw it out there.

After all, Steve started it. And I cannot think of a better way to end 2015, a killer year in Dallas real estate, than with the sale of a $100 million Dallas home! (more…)