Come March, a unique East Texas property will be available via auction, which is quickly becoming the best way to pick up big, beautiful real estate. The iconic Timber Creek Ranch in Winnsboro is up for auction, and CandysDirt.com is hosting a pre-auction preview and barbecue there this Saturday, February 24, from 11 a.m. to 2 p.m. It may be your only chance to see 428 acres of pure heaven.

I know we say this all the time, but this truly is one of the finest ranches in Texas. And one of the few with full lake access.

“Timber Creek Ranch ranks among the finest working and recreational ranches in Texas, and its lake frontage is especially unique,” says Kyle Crews, Executive Vice President of Allie Beth Allman & Associates.

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Mansion? It's a castle

I’d say 10,000 feet of living on 2 acres would constitute a lovely mansion! (photos: Concierge Auctions)

What constitutes a house being called a “mansion?”

There isn’t an exact definition, but according to our friends in the web, a mansion is a large home over 8,000 square feet that has features that you wouldn’t find in your typical home.  Features such as a large foyer entrance, marble floors, a wide staircase with designer railings.  But what about the number of TVs?

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Dallas developer Mehrdad Moayedi today purchased Dallas’ biggest and most expensive home, the former Thomas O. Hicks estate on Walnut Hill Lane, that Dallas billionaire Andy Beal bought in January of last year and decided to sell almost as soon as the ink was dry on the contract.

The estate was at one point the most expensive home in the U.S. It was listed, at one time, for $135 million with Douglas Newby, but was not in MLS. Allie Beth Allman got the listing in March of 2015 and has had it ever since with a listing price of $100 million. The asking price was lowered to $48.9 million earlier this year.

Concierge Auctions was called in last month to liquidate the property without reserve. The home was advertised everywhere, on every continent. Eight people registered to bid on the estate, but Mehrdad got the winning bid, working from his home in Aspen.

There was huge speculation on how much the estate would sell for.

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Note: This article has been updated with information obtained after first publication.

Concierge Auctions will be auctioning off a Dallas landmark property, the former Crespi Estate now known as Walnut Place, as it was christened by its previous owner, Tom Hicks. The 1938-era, 29,000 square foot estate was commissioned by Count Pio Crespi, built of Indiana limestone by Maurice Fatio, and significantly restored by Mr. and Mrs. Hicks, who acquired the estate in the late 1990s and spent about 16 years and close to $100 million on the near-perfect expansion and remodel.  

Dallas-based banker, financier, investor, businessman, and professional poker player Andy Beal bought the estate almost a year ago from Hicks. The location: primo Preston Hollow. George and Laura Bush are nearby. The address is almost as long as the driveway: 10000 Hollow Way Road.

The auction takes place Dec. 20, with Dec. 19 as a preview day. Allie Beth Allman, who has had the property since March of 2015 when it was listed for $100 million, is the listing agent. It was the owner, she told me, who decided to bring out the auction gavel.

There is no reserve. That means, there is no baseline bid required to begin, such as at, oh, let’s say $20 million.

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I received word today from the great folks at Concierge Auctions that Deion Sander’s former spread on almost 6 acres up in Prosper — you know it —  is going to auction on Wednesday, December 13, 2017. There is no reserve. The home went to auction previously, and almost sold for just under $4 million, but the deal fell through. Happens. It was sold shortly after. Naturally, the owners want to see bids starting in the one or two millions, the higher, the better, as they will be selling the aforementioned property to the highest bidder.  The home at 1400 Copper Point Drive, has been on the market for $12.75 million, is now asking $14,500,000.

I mean, you do understand, right? The famed Sanders home with that turn-table in the master, huge round bed, a closet bigger than Rhode Island and a barber shop, basketball court and bowling alley, 14 car garage, screening room and 12 acre lake, could be picked up for $2 million or less in time for Christmas!

“Starting this Thursday, November 15th, we will be holding the open house every day from 1-4 p.m,” says Concierge project sales manager Jodi Fillmore, who came to Dallas all the way from Ketchum, Idaho, to sell the famous sprawling palace. She is working with Ebby Halliday agent David Gloria, one of the best agents around. You know what’s proof of a good agent? When he does everything possible to sell a property. EVERYTHING. Now, after three years, David thinks an auction may bring out a buyer.

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72 White Pine Canyon Road | Park City, UT | Luxury Real Estate

72 White Pine Canyon Road | Park City, UT | Luxury Real Estate

It’s in Park City, Utah, boasts 17,000 plus square feet with nine bedrooms, 11 full baths (all en suite) four powders (well, you need a lot of bathrooms at high altitudes if you get my drift) a media room, exercise room, gameroom, spa, and covered hot tub perfect for soaking apres ski, which is my favorite time. It is rockin’. Justin loves it so much this is where he was there three times in December. The place leases for $15,000 PER NIGHT! Go check out the Park City ski scene over on SecondShelters.com…

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From Highland Park where we learned that the Trammell Crow family homestead is being listed for a shocking $59.4 million, way on up to Proposer where  Concierge Auctions made Deion Sanders’ former home going going gone for $3.75 million. Here are all the photos of Deion’s former Prosper pad, as shot by those great folks at Shoot2Sell photographers. Kind of sad to think that a legend lived here, kind of cool to think of what the new owners have in store.

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