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"On the other hand, I know people out there trying to buy $400,000 or $500,000 homes that can't find them or are getting in bidding wars," Evans says. "They're hard to move because there are fewer buyers for them," Evans says of the high-end homes. Deals can be found at the extreme high end of the market, among the $3 million-plus properties that Evans describes as "whales, " but finding suitable housing at even the high end of the normal-people market is much more difficult. It was a good deal, and he's got the money," Evans says.īeal's purchases reflect a larger reality about Dallas real estate that can be disheartening for those who don't have $50 million to spend. He's now got two of the best pieces of property in the whole of North Texas. "The Hicks estate came down hugely in price, and then he obviously negotiated a very good price on the Crow estate which is just a primo piece of property. Answer 1 of 10: I am coming to Dallas this month and would like to know a few of the best drives to see mansions around Dallas. Because of the property's 25-acre size and the potential that Beal could carve it up and turn it into multiple lots, it's like he got two homes for the price of one, Evans says. Beal likely made his big splashes, she says, because he got a couple of good deals.īased on appraisal numbers on DCAD's website, Evans guesses that Beal may have paid as little as $50 million for the Hicks home, which was initially listed for $136 million. Evans says that the properties' DCAD records reveal something else, too. Both properties are officially owned by trusts connected to Beal, according to Dallas Central Appraisal District records. Park in the parking garage in the visitors area. Last week, as first reported by Dallas real-estate blogger Candy Evans, Beal bought the most expensive home for sale in Dallas County for the second time in three months, laying out for the former Margaret Crow estate on Preston Road in Highland Park, which had been listed for $46 million. For Brazos Carriages, the Transwestern Building, 3811 Turtle Creek blvd. The Highland Park mansion was never publicly listed for.

Andy Beal, amateur mathematician, noted high-stakes poker player, failed space entrepreneur and Dallas' richest human, made a big splash in January when he bought Tom Hicks' former estate - listed for $100 million, the highest price for a single home in Texas history - in Preston Hollow. Beal ranked as Dallas’ richest resident in Forbes’ most recent compilation of wealthiest Americans, with a net worth of 9.9 billion.