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  • City of Burleson Dallas

    $100 Million House

    Inside the most expensive home in Dallas (price tag: $100 million)

    Candy Evans
    Mar 22, 2015 | 4:04 pm

    Back in January 2013, Tom and Cinda Hicks got a lot of national attention when they enlisted Doug Newby to sell their 25-acre Crespi Estate (so named for its original owners, Italian Count Pio Crespi and his wife, Florence) in Preston Hollow for $135 million. But all that buzz didn’t attract a buyer.

    Now Realtor Allie Beth Allman, a friend of the Hicks family, has the listing. Newby never put it in MLS, but Allman sure did, and this time the price tag is $100 million — still the most expensive in Dallas and one of the priciest in the nation.

    Allman, also the listing agent on the historic Trammell Crow home, sold the estate to the couple back in 1997, before they began a massive multimillion-dollar renovation and expansion on one of the city’s most historical properties. The work took nearly three years and as many as 250 designers, builders and artisans to complete.

    Secluded in the city
    Recently I took a tour of the 28,000-plus-square-foot main house, as well as the 3,347-square-foot guest house and 4,836-square-foot recreation building, which is now being marketed as Walnut Place. 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.

    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.

    You enter the original Crespi estate, built in 1938 and designed by Maurice Fatio, through an ornamental steel front door. The addition — completed by Dallas builder John Sebastian under the guidance of noted New York architect Peter Marino — flows seamlessly. I’m told the Hickses didn’t just add more limestone to the exterior renovation — they went to the quarry in Indiana that supplied the original limestone back in the 1930s. A light sandblasting helped match the new to the existing.

    Inside the main house
    The formal dining room is generously sized, but not overly so, with oak chevron-patterned floors in a dark finish, which were imported from France. High-gloss lacquered walls have ornamental plaster accents.

    The kitchen is surprisingly cozy for a home of this magnitude. It has antique terra cotta floors, European tiled backsplash, flawless cabinetry with glazed finish and commercial-grade appliances — including four ovens and a 10-foot La Cornue range that runs about $65,000.

    Adjacent to the kitchen are the breakfast room and butlery. A nearby conservatory has limestone fireplace mantels and heated marble floors. A warm and beckoning family room has dark, wide-planked wood floors and concealed doors. The library, half of which was in the original estate, boasts paneling dating back to the 1820s. An original parlor was taken down to the studs and turned into a private office with double televisions built in.

    The new living room is very spacious; it’s where the Hickses hosted an event for former New York Mayor Rudy Giuliani years ago, when he considered a run for the White House. The room overlooks a wooded courtyard with an elegant fountain.

    The crown jewel of the second floor is the 3,000-square-foot master wing with separate his-and-hers bathrooms and dressing rooms.

    The crown jewel of the second floor is the 3,000-square-foot master wing with entry vestibule and the Crespi Estate ribbon design on the doors. It has an antique fireplace surrounded by slate, as well as separate his-and-hers bathrooms and dressing rooms.

    Her dressing room has mercury glass panels and pleated fabric closet doors to protect clothing, plus a personal study with an antique marble fireplace. His “spogliatoio” boasts hand-waxed Honduran mahogany paneling. The master suite also has a sitting area and a terrace.

    There are more bedrooms and bathrooms on the second floor, plus a laundry room. Up one more level are more bedrooms, exercise room, trophy room and three terraces.

    The basement level contains several maintenance and storage rooms that run below the house and motor court, as well as a movie theater (not to be confused with the nearly full-sized theater in the recreation building) and a 500-bottle wine room kept at a constant 55 degrees. There are a total of eight spaces in two garages.

    Elsewhere on the property
    The recreational building is one of several ancillary buildings on the grounds. It has a 24-by-47 great room and commercial-grade kitchen. Because this complex is where the country club-sized pool and spa are located, there are both men’s and women’s changing rooms with lockers and showers.

    The 19-seat theater has a reel projection room and concession counter for candy and popcorn. Framed jerseys hang on the walls, a reminder of when Hicks owned the Texas Rangers, Dallas Stars, Mesquite Championship Rodeo and the Liverpool F.C.

    The two-bathroom guesthouse could also serve as a “business house.” It has a living room, formal dining room, office and full kitchen. Two full baths on the second story feature rare granites and marbles.

    I asked Allman and her associate, David Nichols, the two things we all want to know: Is any of the artwork for sale, and where are the Hicks planning to go?

    The art is definitely not for sale, I’m told.

    “The Hicks children are grown and have their own homes,” Allman says. “They also spend time at their home in La Jolla but will always maintain a residence in Dallas.”

    ---

    A version of this story originally was published on Candy’s Dirt.

    The home at 10000 Hollow Way Rd. once was listed for $100 million with Allie Beth Allman & Associates.

    10000 Hollow Way Walnut Place in Dallas
    Photo courtesy of Allie Beth Allman & Associates
    The home at 10000 Hollow Way Rd. once was listed for $100 million with Allie Beth Allman & Associates.
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    Hottest Headlines of 2025

    Popular suburbs move into Dallas' hottest real estate headlines of 2025

    Lindsey Wilson
    Dec 29, 2025 | 2:45 pm
    Downtown McKinney
    Photo courtesy of City of McKinney
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    Editor's note: As the year comes to a close, we look back at the 10 most-read real estate stories in Dallas for 2025 — including new honors for several local suburbs, market trends, and all-important Walmart news. These are the 10 hottest real estate headlines of 2025 in Dallas:

    1. Dallas-Fort Worth suburb blooms as No. 1 best place to live in U.S. One Dallas-area city took the top slot on a list of "the 100 Best Places to Live in 2025." The list — from relocation marketing platform Livability.com — put Flower Mound at No. 1 for its appealing size and affordability. The suburb also claimed the No. 7 spot in a ranking of America's most livable small cities.

    2. North Dallas neighbor ranks as No. 1 most affordable city in U.S. A Dallas suburb landed on top of a list of the most affordable places to live: McKinney ranked No. 1 based on its relative cost of living and high median household income.

    3. Massive mixed-use development coming to key intersection in McKinney. McKinney is getting a new $1.3 billion mixed-use development. Called Long Branch, it will be a 155-acre project at the northwest corner of US-75 and the future 380 bypass, consisting of housing, retail, office, grocery, and hospitality. The development has 80 acres slated for active development, and will unfold over the next decade in four tracts.

    4. Dallas-area suburb ranks as 3rd best place to live in Texas in 2025. The Dallas-Fort Worth mid-city of Coppell has been ranked the third best place to live in Texas in 2025 by rankings and review website Niche.com. The survey determined the best places to live in based on crime rates, public school rankings, the local cost of living, job opportunities, and more using data from the U.S. Census Bureau, the FBI, and others.

    Coppell, Dallas suburb Coppell was ranked the third-best place to live in Texas for 2025. City of Coppell, TX Municipal Government/Facebook

    5. 11 Dallas suburbs soar as fastest-growing U.S. cities in last decade. It's no secret that Dallas-Fort Worth's population is growing faster than most other metros in the U.S., but now several surprising Dallas neighbors have been named among the top 10 fastest-growing suburb nationwide over the last decade. Celina nearly led the nation with an astonishing 314 percent increase in population from 2014 to 2023, according to a growth study by marketplace platform StorageCafe.

    6. Dallas neighbor is the No. 1 fastest-growing affordable city in U.S. A national study has declared Texas is home to the most affordable, fast-growing cities in the country, with Dallas suburb Frisco taking the lead at No. 1. Frisco and five more Dallas neighbors ranked high on GoBankingRates.com's list of "50 Most Affordable, Fastest-Growing Cities in 2025."

    Millennials moved to Texas more than any other state in 2019, with Frisco being\na top choice. Frisco is the most-affordable, fastest-growing city in the country. Photo by Roger Robinson/Visit Frisco

    7. Dallas neighbor beckons movers as top U.S. suburb with small-town feel. Wylie, a city less than 30 miles from downtown Dallas, ranked as the No. 7 most highly sought-after U.S. suburb of 2025 in MoveBuddha's national survey. In addition to being recognized as the 7th most desirable American suburb, Wylie also ranked as the second-most desirable suburb to move to in Texas.

    8. 2 Dallas neighbors rank among fastest-growing wealthy suburbs in U.S. Celina and Prosper, two boomtowns north of Dallas, are among the top three fastest growing affluent suburbs in the country. The cities' affluent status was unveiled in a GoBankingRates' study ranking the "30 Fastest-Growing Wealthy Suburbs in America" for 2025.

    The Old Celina Park in Celina, Texas Celina is the No. 2 fastest-growing wealthy 'burb in America. Photo courtesy of celina-tx.gov

    9. 6 Dallas suburbs make top 10 list of best Texas cities to move to. Advisors at ConsumerAffairs, a customer review and news platform, ranked the 50 most populated Texas cities across five main categories — affordability, safety, economy, health care and education, and quality of life — to determine which were the best places to move to. Each city was given a score out of 100 possible points. Four of the top five best places to move to in Texas are located in Dallas-Fort Worth: Allen (No .1), Frisco (No. 2), Plano (No. 3), and McKinney (No. 4). Two more DFW suburbs, Mansfield (No. 6) and Richardson (No. 10), rounded out the top 10.

    10. Booming Celina hits the big time with its first Walmart Supercenter. The city of Celina is getting its first mega Walmart: According to a release, it will be a Walmart Supercenter located at the northwest corner of Preston Road (Highway 289) and the West Outer Loop. The store has been in the works for a few years, but the Celina Economic Development Corporation celebrated the opening in a groundbreaking on April 16.

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