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    $100 million mansion

    Famously expensive Dallas house goes on the auction block

    John Egan
    Dec 1, 2017 | 9:12 am

    One of the grandest mansions in Dallas — owned by billionaire banker, investor and philanthropist Andy Beal — is going on the auction block in mid-December, not even two years after he bought it.

     

    The 25-acre Crespi/Hicks Estate, now known as Walnut Place, initially went up for sale in 2013 at the eye-popping price of $135 million. There were no takers.

     

    Two years later, the asking price fell to $100 million, still the most expensive in Dallas then and one of the priciest in the nation. Beal bought the mansion in early 2016 from Tom and Cinda Hicks, but reportedly for far less than $100 million.

     

    Earlier this year, the list price for the swanky Preston Hollow spread dropped to $48.9 million after Beal decided to sell it, but there haven’t been any takers yet. So, on December 19, Concierge Auctions will offer the property to qualified bidders. This time around, the estate will be sold “without reserve,” meaning it’ll go to the highest bidder regardless of price.

     

    Beal describes the estate as “a one-of-a-kind property on a global scale.”

     

    “It’s an incredible property by all standards,” Beal tells CultureMap.

     

    High-profile Dallas real estate agent Allie Beth Allman has the Walnut Place listing. Ethan Shadden of Concierge Auctions is the auction’s sales manager. The estate is at 10000 Hollow Way Road.

     

    No doubt, the estate will fetch eight figures, but it’s anyone’s guess as to whether it’ll garner bids that come close to the most recent list price of $48.9 million.

     

    Whatever the price tag, here are some of the features that the new owner will enjoy:

     
       
    •  10 bedrooms
    •  
    •  12 full bathrooms and five half-bathrooms
    •  
    • 27,092 square feet of space across four structures
    •  
    • A 3,347-square-foot guest house with formal living and dining rooms, a family room, and an office
    •  
    • A master wing encompassing more than 3,000 square feet, complete with an antique fireplace, private terrace, his-and-hers dressing rooms, and marble spa tubs
    •  
    • A 4,836-square-foot recreation and pool house with a 19-seat theater
    •  
    • A 500-bottle wine cellar and tasting room
    •  
    • Two home offices
    •  
    • A formal library
    •  
    • A greenhouse
    •  
    • A pond
    •  
    • A helipad
    •  
     

    The limestone façade mansion, dating back to 1938, was designed by renowned architect Maurice Fatio for Pio Crespi, an Italian count who had been dispatched to Dallas to oversee his family’s cotton empire.

     

    Tom and Cinda Hicks — Tom is former owner of the Texas Rangers and Dallas Stars — bought the estate in 1997 through Allman. From 2000 to 2003, the property underwent an extensive restoration and expansion (reportedly costing more than $100 million) that was undertaken by 250 craftsmen. Among those leading the project were Dallas builder John Sebastian, New York architect and interior designer Peter Marino, and London landscape architect Arabella Lennox-Boyd.

     

    Beal purchased the estate from Tom and Cinda Hicks in January 2016; at the time, it was billed as the most expensive residential property in Texas. Beal turned around and put the property back on the market in January 2017.

     

    The approach to the private gates of 10000 Hollow Way Rd. feels more like a drive through the French countryside to a fabulous chateau deep in the heart of the forest. It’s hard to believe this is just seconds from the Dallas North Tollway and less than 10 minutes from downtown.

     

    The estate overlooks a forest of trees and a creek that runs through the property. There are meadows, trails, pond, rose and vegetable gardens, greenhouse, two courtyards lined with 16 magnolia trees each and tennis court. A helipad with a lighted landing pad is covered with grass when not in use to maintain the natural aesthetic. A 1,500-foot-deep well supplies the estate grounds with purified water.

     

    Whoever buys the mansion will be a Preston Hollow neighbor of former President George W. Bush and Laura Bush.

    Bathroom in the guest house.

    10000 Hollow Way guest house bathroom
      
    Photo courtesy of Allie Beth Allman & Associates
    Bathroom in the guest house.
    home-for-sale
    news/real-estate
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    Pets News

    Dallas ranks as 2nd most pet-friendly place to rent in 2024

    Amber Heckler
    Jul 7, 2025 | 11:43 am
    Pet friendly apartment, cat
    Photo by Huy Phan on Unsplash
    Rentals in Dallas that allowed pets leased three days sooner than units that didn't allow pets.

    A new market trend report from Zillow has confirmed that pet-friendly rentals are leasing much faster than non-pet-friendly units, and Dallas' rental market had the second most pet-friendly rental listings on Zillow in 2024.

    The report, called "Saying Yes to Pets Helps Landlords Find a Tenant Faster," analyzed more than 11 million rental listings that appeared on Zillow last year to discover the share of pet-friendly rental listings in the biggest U.S. metros. The report also calculated the median number of days it took for pet-friendly units to find a tenant faster than those that did not allow pets.

    The Lone Star State led the nation with the most pet-friendly rental listings on Zillow out of all 50 states last year. Nationally, only 57 percent of rental listings in the U.S. allowed pets, which is a disappointing amount when compared to the major Texas cities.

    The data revealed Dallas has a deep appreciation for pets, with 79 percent of rental listings in the city allowing tenants to have furry best friends.

    Dallas fell second only to Austin, where pet-friendly rentals accounted for 80 percent of all citywide listings on Zillow in 2024. San Antonio ranked right behind Dallas with the third highest share of rentals that allowed pets, at 78 percent. Don't mess with Texas pets, y'all.

    Surprisingly, Houston appeared at the bottom of the list as the U.S. metro with the smallest share of rental listings that allowed pets, at just 38 percent.

    The report additionally found that pet-friendly rentals in Dallas were leased three days faster than units that don't allow pets. For comparison, it took about eight days for the median U.S. pet-friendly rental to lease sooner than its non-pet-friendly counterpart.

    In a separate survey of the "typical American renter," Zillow discovered more than half of renters declined to lease a certain property because it didn't allow pets.

    "Renters have more leverage than in quite some time after last year's multifamily construction boom, and the data show allowing pets can make a difference in leasing out a unit quickly," the report said. "The median renter is getting older, and more renters now have a pet. Nearly six in 10 renters are pet owners, up from 46 percent before the pandemic."

    In Austin, rentals that allow pets lease 10 days sooner than non-pet-friendly units, and that number slows down to six days sooner in San and just one day faster in Houston.

    market trend reportpetsrent reportzillowreal estatedallasanimals
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