In the big cities of America, houses worth $1 million or more make up over 4 percent of all properties, a share that has gone up 3.8 times since 2002, according to Trulia. So if you’re selling, how do you stand out and get noticed by the right buyers? 

Luxury home auctions are the choice for more and more sellers — they’re quick, competitive, and add a sense of urgency to the sale. They also help establish fair value for a hard-to-price asset, like a highly customized luxury home. 

Case in point: Former Texas Rangers’ first baseman Mark Teixeira is selling his fabulous mansion, pictured above, in Westlake’s Vaquero community through Elite Auctions at a no-reserve event on May 12. The home has been on and off the market for years with no luck; choosing an auction now is the smart move, says Elite Auctions President and Founder Randy Haddaway.

“High-end houses with big wow factor are perfect candidates for luxury home auctions, like Teixeira’s extraordinary one-acre waterfront lot in Vaquero,” Haddaway said. “These auctions bring with them concentrated periods of marketing that get a lot of people paying attention to the property during that time and the sale will happen at a definite time.”

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Elite Auctions presents The Swarovski Estate in Vaquero

A circular driveway wraps around the home to a four-car garage. The private guest cottage is located beside the pool and behind the garage.

One of the most prestigious luxury homes in this part of the country could be yours. The Swarovski Vaquero estate in Westlake, Texas is being auctioned without reserve by Elite Auctions on Friday, June 30.

William S. Briggs was the architect of this 8,153-square-foot Hill Country Modern, and it’s one of his favorite designs. “I would do this house again today,” Briggs said. “I enjoyed the entire process of building this home, and the client was the best part of it.”

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1 - Main Aerial

This enormous, luxurious estate at 3420 Ranchero Road will hit the block with Heritage Auctions on March 14, but read below if you want an exclusive tour tomorrow!

We all know about Ranchero Road up in Plano, one of the toniest addresses you can have.

The area is literally in the heart of Plano, off Parker Road, between the Tollway and Preston. The lots are gigantic, wooded, with tanks and ponds and natural surroundings that lure you into believing you are in the country, especially at night. Shhhhhhh.

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