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    Listing with history

    Lakefront estate with ties to infamous Dallas mobster hits market for $3.7 million

    Bethany Erickson
    Jul 3, 2019 | 9:08 am
    1213 Noble Way
    Two cabins that date back to the 1930s that are still maintained on the sprawling two-acre estate.
    Photo courtesy of Coldwell Banker

    An ornate lakefront estate on property once owned by infamous Dallas mobster Herbert “The Cat” Noble has gone on the market for the first time. The two-story mansion at 1213 Noble Way — yes, same Noble — overlooking Lake Grapevine is listed for $3.7 million with Jim Striegel with Coldwell Banker Residential Brokerage.

    Noble lived in North Texas on the stretch of land he bought up around 1941, before there was a Lake Grapevine, in southern Denton County. Officially, it's listed as Flower Mound.

    Suffice it to say, Noble wouldn’t recognize the extravagant estate that sits there now. When he lived there, there were two cabins and a 280-acre farm, and no lake.

    “This was long before there was any announcement that the Army was considering a dam on Denton Creek to create the lake, but Noble ‘doubled down’ on his investment and bought an adjoining 195-acre tract three years later,” Jim Morriss wrote several years ago when recounting the history of the time two mobsters — Noble and Lester “Benny” Binion — clashed violently, ultimately bringing about Noble’s death in 1951.

    Noble and Binion operated gambling businesses and were part of organized crime operations, though little is known about their dubious pursuits. "They were participating in all kinds of illegal activities but awareness of them was not likely to see the light of day," Morriss wrote. "It was like magic; any insider who was willing to talk about it would disappear."

    Noble got his nickname because it took 12 tries for Binion (or rather, Binion’s men) to kill him. And Noble, according to the Texas Monthly, was “was everything Benny wasn’t — suave, debonair, a dashing figure who wildcatted in the oil patch and flew his own small fleet of airplanes.”

    The juicy details of Noble and Binion's infamous feuding, racketeering, and hits on each other are detailed in Morriss' story here.

    Nowadays, aside from two cabins that date back to the 1930s that are still maintained on the sprawling two-acre estate, the only other indicator that Noble was prescient enough to buy up all that pre-lake land is the fact that the upscale Point Noble is named after him.

    And oh, what a mansion it is, built and owned by the award-winning Ken Hodge. Hodge (who is the namesake of Ken Hodge Custom Homes) built the 9,334-square-foot estate with a keen eye toward preserving the views and scenery surrounding Lake Grapevine, but also providing a luxurious (and private) place to relax and entertain.

    The home has five bedrooms, five full bathrooms, and two powder rooms.

    “The quality, elegant details, and meticulous design of this property are of the highest standard,” says Striegel. “Three of the bedrooms include private balconies overlooking the lake, and the property provides privacy and a tranquil environment from which to enjoy the spectacular sunsets.”

    The home is replete with luxe touches like Corinthian columns and crystal chandeliers, as well as frescoed ceilings and a grand entry with a floating iron staircase.

    Multiple living rooms and a piano bar provide plenty of space for entertaining, and a grand room with a Napoleon III fireplace, French-ceiling molds, and a bar with carved hardwood Enkeboll moldings punctuate the opulent homestead.

    And if you didn’t already have enough entertaining space, there’s also a fresco-ceilinged, velvet-walled theater room and a covered deck with an extensive patio and pool.

    For more photos and details about the listing, click here.

    ---

    A version of this story originally was published on CandysDirt.com's sister site, SecondShelters.com.

    The home was built with a keen eye toward preserving the views and scenery surrounding Lake Grapevine.

    1213 Noble Way
    Photo courtesy of Coldwell Banker
    The home was built with a keen eye toward preserving the views and scenery surrounding Lake Grapevine.
    home-for-saleluxury
    news/real-estate
    news/home-design

    Moving north

    $1.5 billion development with working farm takes root in booming Anna

    John Egan
    Mar 27, 2026 | 10:30 am
    Anna, Texas
    Facebook/Anna
    Anna is a fast-growing city north of Dallas.

    The fast-growing Dallas-Fort Worth suburb of Anna, once a small farming community, is poised for even more population growth with the addition of a $1.5 billion master-planned community.

    Real estate investment firm Tellus Group broke ground Wednesday, March 25, on the more than 970-acre project, called Sherley Farms. Tellus is marketing the development, located in Collin County, as a wellness-focused, master-planned community with about 3,000 homes and an actively managed organic farm.

    First-phase homebuilders are Bloomfield Homes, DRB Homes, Drees Custom Homes, Highland Homes, Homebound, Olivia Clarke Homes, and Perry Homes. The initial model homes will be finished in the spring of 2027.

    The Sherley Farms site is five minutes from U.S. Highway 75 and near downtown Anna, which ranked fifth among U.S. cities for population growth from 2023 to 2024. As of July 1, 2024, Anna’s population stood at 31,986, up 14.6 percent from the same date in 2023 and up 183 percent from 2016. Anna’s population is projected to hit 100,000 by 2050.

    One standout aspect of the project will be a 65-acre organic farm that supplies fresh produce. Tellus says the “working” farm will serve as an “agricultural anchor and gathering place.”

    “Sherley Farms reflects our belief that the future of community development is rooted in wellness, connection, and a deep respect for the land,” says Craig Martin, founding partner and CEO of Tellus Group.

    Sherley Farms Facebook/Sherley Farms

    Anna started as a farming community in 1883. But in recent years, it has transformed into a rapidly growing suburb with more than 7,700 households as of 2024.

    Aside from homes, the first phase of Sherley Farms will include an amenity center with a resort-style pool and a portion of the planned green space.

    “Sherley Farms is a meaningful investment in Anna’s future, expanding our tax base, attracting new residents, and driving long-term economic growth,” says Kevin Toten, Anna’s mayor pro tem. “This project will generate new economic activity, support local businesses, and strengthen Anna’s position as a destination for high-quality development in North Texas.”

    In addition to Sherley Farms, Tellus is developing the Mosaic master-planned community in Celina, the Mirabella gated community in Prosper, and the Meraki master-planned community in Forney. Tellus was the principal developer of the $3 billion Windsong Ranch master-planned community in Prosper.

    dallas suburbsannamaster-planned communitydevelopment
    news/real-estate
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