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    Livin’ large

    This $45 million lakeside mansion makes a splash as the most expensive home for sale in Texas

    John Egan
    May 12, 2022 | 9:58 am

    A Texas estate fit for Elon Musk (or any other well-to-do folks, for that matter) can now be yours for $45 million.

    Aside from its notable size and location, the Austin-area property comes with big-as-Texas bragging rights: It’s currently the priciest home on the market in the state. In 2013, the estate was listed for sale at just $15 million.

    Built in 2004 by Austin-based Sendero Homes, the 26-acre estate on Lake Travis, called Villa Del Lago, features a main house encompassing 15,400 square feet. That’s about double the size of a typical Dollar General store.

    The house includes six bedrooms, nine bathrooms, four half-bathrooms, and five fireplaces. Nearly every room offers commanding views of Lake Travis.

    The roof is topped with clay tiles, Italian-themed copper domes, and skylight features.

    “Villa Del Lago is among the finest estates available in Austin and offers incredible waterfront views from the south shore of Lake Travis,” says one of the listing agents, Gary Dolch of Compass. “From the cascading hillside waterfalls to the impeccable 15,400-square-foot home, there’s no other luxury home like it in the area.”

    The main suite includes steam showers, two closets, two bathrooms, a Jacuzzi tub, and a walk-out balcony.

    “Inside the house, a secret stairwell leads to a safe room enclosed with four concrete walls, a solid metal door, and a hidden dedicated wiring and ventilation system,” the listing says.

    Among the other amenities are:

    • Elevator
    • Gourmet chef’s kitchen
    • Custom-made stone staircases
    • Wine cellar
    • Theater
    • Library
    • Bar
    • Gym
    • Half-court for basketball
    • Massage room
    • Five-car garage
    • Fish pond
    • Waterfalls

    The estate’s negative-edge swimming pool comes with a bathroom, hot tub, fire pit, built-in grill, smoker, and mini-fridge. There’s also a marina with a deck, and slips for two boats.

    A separate pavilion is designed to host weddings and other events. It includes a gated entrance, catering-grade kitchen, valet area, abundant parking, a large fireplace, two-story ceilings, two bars, and two bathrooms.

    “The pavilion offers a unique opportunity to host gatherings large or small on property but comfortably away from the main residence. … [It] is exquisitely perched on a gentle sloping hillside with breathtaking views of the lake and evening sunsets,” the listing says.

    The negative-edge swimming pool is one of the best places to enjoy the view.

    Lake Travis home
    Courtesy of Austin Luxury Group
    The negative-edge swimming pool is one of the best places to enjoy the view.
    home-for-sale
    news/real-estate
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    Hotel News

    L.A. hospitality group to debut luxury brand Proper Hotels in Dallas

    Teresa Gubbins
    Oct 15, 2025 | 8:00 am
    Austin Proper Hotel and Residences
    Photo courtesy of The Ingalls
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    A big name in the luxury hotel space is coming to Uptown Dallas: California-based Property Hospitality will debut Dallas Proper Hotel and Residences, a 34-story tower combining hotel and residential, set to open at 2500 Cedar Springs Rd. in 2029.

    The project has been in the works since 2024 when Dallas-based Lincoln Property Company acquired the site — a rare four-acre tract in the center of town.

    The arrival of Proper promises that it will be "the most significant new luxury hotel and residences development in the city in decades," according to a release, featuring architecture by Skidmore, Owings & Merrill (SOM) and interiors by Kelly Wearstler, with Proper’s signature sensibility: soulful elegance, material richness, and sense of place.

    Proper Hospitality champions uncommon luxury, offering distinctive experiences in the arts, dining, and wellness. The company currently manages Proper-branded hotels in Santa Monica, Downtown Los Angeles, San Francisco, and Austin, which opened in 2019; The Shelborne By Proper in Miami; and The Collective, a portfolio of independent design-driven hotels.

    "Dallas Proper brings together design, wellness, food, and a deep connection to community,” says Proper Hospitality president and co-founder Brian De Lowe. "This is more than a hotel or residential offering. It’s a fully integrated destination for how people want to live and gather today."

    Wellness center. The heart of the project is a 15,000-square-foot Wellness Center and an intimate members-only Proper Club, combining holistic therapies, fitness, and recovery, with indoor and outdoor lounges, terraces, and cultural programming.

    Members-only club. The Proper Club will occupy a 6,000-square-foot social space with its own restaurant, pool, bar, lounge, and work areas, along with access to the complete Wellness Center.

    Hotel. The Dallas Proper Hotel will feature approximately 200 guestrooms and suites, along with three restaurants, five bar and lounge concepts, a rooftop pool deck with skyline views, and 22,000 square feet of indoor and outdoor event space for private gatherings, brand activations, and celebrations.

    Residences. On the upper floors, Dallas Proper Residences will offer approximately 80 branded homes ranging from one to four bedrooms, including a limited collection of one- and two-story penthouses with panoramic city views. Interiors by Kelly Wearstler will blend natural textures, vintage-modern influences, and signature Proper detail.

    Residential owners will have access to a private rooftop pool, dining terrace, and owners’ lounge, along with access to both the Proper Club and Wellness Center.

    Location. “This site gave us the rare opportunity to shape a meaningful part of Uptown,” says Lincoln Property Company co-CEO Clay Duvall. “Proper’s track record in Texas and beyond, and their approach to design, lifestyle, and wellness made them the ideal partner for creating a landmark.”

    Wait list. Dallas Proper Hotel and Residences are expected to open in 2029. To join the priority interest list, visit properhotel.com/dallas-residences.

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