Let me be clear from the very start: this is unit 616 at The Terrace at Victory Park. Kathy Nealy’s unit was 216 on the second floor, but exact same square footage (1196) and save for being higher and maybe a different color marble in the kitchen or master, pretty similar. Robert Wilonsky at the Dallas Morning News reported today that Nealy’s condo will be sold on the courthouse steps next month in a tax auction. Nealy was, of course, a successful political consultant with close ties to John Wiley Price who apparently did not pay Uncle Sam. Wilonsky interviewed Nealy’s attorney, who blames the sale on that famous June 2011 raid on John Wiley Price, which the attorney says “negatively impacted” Nealy’s ability to do business. And, I guess, pay her taxes.
Prior to the raid Nealy counted among her clients American Airlines, Hunt Oil, KB Homes and Wal-Mart. She also worked for Mike Rawlings’ mayoral campaign, Bill Clinton’s presidential campaign and the Cowboys Stadium and American Airlines Center referendums, among other high-profile pushes.”
Wilonsky says Nealy purchased the condo in 2006, when the market was soaring like the Texas Giant Roller Coaster. DCAD has it appraised for $263,120.