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    A new chapter

    Glorious Texas mansion with novel history sells for record price

    John Egan
    Aug 19, 2020 | 9:12 am

    A nearly 50-year-old Texas mansion with a storied history just sold for a record-setting price.

    It is the Austin-area home where Pulitzer Prize-winning author James Michener researched and wrote his epic novel Texas in the early 1980s. The book was published in 1985.

    Darin Walker, an agent with Kuper Sotheby’s International Realty in Austin, says the 5,651-square-foot home on Mount Bonnell fetched $3.925 million, slightly below the list price of $3.995 million. According to Walker, the sale price is the highest ever recorded for an “older” home on Mount Bonnell, meaning one built at least 20 years earlier and needing some TLC.

    Aside from boasting first-rate views of Lake Austin and the Texas Hill Country, the mansion comes with quite a tale.

    Three years before Texas was released, then-Texas Gov. Bill Clements urged Michener to relocate to Austin to pen the novel. Michener rented the mansion from Jack Taylor, a University of Texas professor, for $1 a year. The home, built in 1972 and remodeled in 2005, is at 3506 Mount Bonnell Rd.

    Features of the home include:

    • Five bedrooms
    • Five bathrooms
    • Two half-bathrooms
    • 2,500-bottle, temperature-controlled wine cellar
    • Resort-style pool and spa
    • Waterfall flowing into second pool surrounded by sunbathing deck suspended over Lake Austin
    • Gym
    • Media room
    • Two-car attached garage

    “Mount Bonnell has been an Austin landmark since the 1850s, but what sets this home apart is its unique position farther south from Covert Park,” Walker said when the mansion went on the market this spring. “The home sits farther out over the cliff and captures views of a sweeping bend in Lake Austin, allowing you to see so much more and from every living space throughout the house.”

    Pulitzer Prize winner James Michener wrote Texas while living in this Mount Bonnell manse.

    James Michener house Mount Bonnell
    Photo courtesy of Darin Walker/Kuper Sotheby's
    Pulitzer Prize winner James Michener wrote Texas while living in this Mount Bonnell manse.
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    Here's the best time to sell a house in Dallas in 2026, experts say

    Amber Heckler
    Apr 3, 2026 | 9:30 am
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    North Texans that are considering selling their home have the perfect opportunity coming up in April, according to a new housing report from Realtor.com.

    The real estate experts said the week of April 12-18 will offer sellers the best combination of strong and stable housing prices, buyer interest, and a competitive market.

    Based on historical market data, homes listings in Dallas-Fort Worth are expected to receive 23.5 percent more views during the week of April 12 compared to the average week, and homes may spend nine fewer days on the market compared to the average. This surge in demand will also affect housing prices in the area. Homes put on the market during this window are expected to list for $24,000 higher than what they were listed at the start of the year, or 5.8 percent more.

    "After years of being squeezed by limited inventory and high rates, the 2026 housing market is starting to feel more approachable for those who have been sidelined," said Realtor.com chief economist Danielle Hale.

    In general, experts predict homebuyers will start "re-engaging" with the housing market now that mortgage rates stabilized in late 2025. National commercial banker U.S. Bank said the current 30-year fixed mortgage rate is roughly 6.38 percent.

    "For sellers, the mid-April window represents an opportunity to enter a market that feels more within reach for buyers while benefiting from a seasonal advantage in terms of pricing and competition," Hale said.

    Residential homes in the Dallas-Fort Worth Metroplex had a median price of $385,000 in February, the MetroTex Association of Realtors said in its latest report, and prices are down 2.2 percent year-over-year. More than a quarter of all DFW homes on the market were priced between $300,000-$399,999 last month.

    Two more Texas metros – Austin and Houston – are expected to follow Dallas-Fort Worth with the same April 12 window as the best time for residents to sell their homes. In San Antonio, the best time for owners to sell their homes will begin on April 19.

    Senior economic research analyst Hannah Jones warned some home sellers in Southern metros might "face softer conditions" due to an abundance of inventory.

    "In those metros, optimizing timing to this early spring window is even more critical to differentiate a property from the growing competition," she said.

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