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Closet Mansion For Sale

Texas socialite hopes to flip mansion with now-famous closet for $12.9 million

Barbara Kuntz
Dec 14, 2014 | 11:51 am

Texas socialite, fashion designer and now house-flipper Theresa Roemer is attemping to sell her 17,315-square-foot Houston mansion — including the now-famous, three-story closet (sans the designer goodies) — for a cool $12,900,000.

"We bought the house as an investment and always said that we would fix it up and put it up for sale," Roemer, also the listing agent, said in a phone interview. The property, located at 47 Grand Regency Circle in The Woodlands, hit the market last week.

"If it sells, we will make a crapload of money. If not, we can live happily ever after here."

A bit of background
Roemer's fantasy "she cave" closet was first featured on a Neiman Marcus blog in July and later was picked up by outlets such as Good Morning America and Cosmopolitan magazine. The 3,000-square-foot triple-decker space houses jewelry and handbags on the first floor; on the top level are furs and hats. The shoe "department" and vanity parlor on the second floor boasts a champagne bar for high-style partying, and Roemer has hosted fundraisers there.

"If it sells, we will make a crapload of money," Theresa Roemer said. "If not, we can live happily ever after here."

In August, her closet was burglarized, and the still at-large thief was captured on surveillance video taking close to $1 million in accessories, such as jewelry, watches and numerous pricey Birkin bags. Just days later, the alleged thief sent several items to the Houston Press that he said he had stolen, asserting they were fake.

The alleged burglar said that he had contacted Roemer, asking for $500,000 to return the items and "not expose her to the news." Roemer instead contacted Montgomery County authorities.

Today and the house
Roemer and her oilman husband, Lamar, redesigned the private sanctuary, formerly owned by minister Kirbyjon Caldwell, in 2013. The towering water features out front set the tone. Inside, light pours in from 20-foot-tall walls of floor-to-ceiling glass in the entry, where an enormous Swarovski crystal chandelier hangs.

More features include two kitchens (one a commercial-grade catering kitchen), as well as formal dining with glass water wall, wine tasting room, entertainment room, gym, home theater, and spa and salon with tanning bed. The master retreat with spacious sitting area is one of nine to 10 bedrooms; there are 10 full and three half-baths.

Outside, a summer kitchen and covered veranda sit at the edge of a large swimming pool with back-lit water wall and fountains. The entire backyard overlooks a lake and the golf course.

And then there's the closet.

Roemer, who will unveil a new line of luxury candles at Neiman Marcus in Houston on December 17, takes a philosophical attitude about the loss of the much-talked-about space.

"If I build another [house], it will have another fabulous closet," she said.

Theresa Roemer at home in her much-talked-about closet.

Photo by © Chinh Phan Courtesy of Neiman Marcus
Theresa Roemer at home in her much-talked-about closet.
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news/real-estate

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Big deal

Houston investor acquires Bishop Arts mixed-use portfolio in $170M deal

John Egan
Oct 9, 2026 | 10:30 am
Bishop Arts Written by the Seasons
Photo courtesy of Hines
Michelin-recognized Written by the Seasons is one of several Bishop Arts businesses acquired by a Houston-based investor.

A Houston investor has snapped up a mixed-use portfolio of nine buildings in the Bishop Arts District, the second Bishop Arts property acquisition since August.

Hines Glob­al Income Trust told CultureMap it paid more than $170 million for a mixed-use complex with 539 apartments and 49,000 square feet of high-end shops. The Bishop Arts Portfolio, as Hines refers to the real estate package on its website, sits on almost seven acres.

“Bishop Arts is a special place, shaped by the care and investment of its prior ownership. We see our role as building on that foundation through thoughtful ownership and Hines’ integrated operating platform,” Corbin Eckel, managing director at Hines, told CultureMap.

Hines identified the seller as Dallas-based Exxir Capital. Exxir developed Oak Cliff's 750,000-square-foot, two-block Bishop Main Street area, which features retail, residences, and offices, and includes the properties acquired by Hines.

Tenants of the newly acquired properties include:

  • Italian restaurant Lucia, a Michelin recommended restaurant.
  • Michelin-praised Written by the Seasons, which serves a New American menu.
  • Paradiso, a Southern European-inspired eatery.
  • Bar Eden Lounge, a swanky cocktail bar.
  • Village Baking Co., an artisan bakery.

Hines is taking over all leases at the residential properties:

  • Bishop North, 200 N. Bishop Ave.
  • Bishop Canopy, 515 W. 10th St.
  • Bishop Flats, 305 and 431 Melba St.
  • Treehaus, 211 W. 10th St.
  • Retail at 308 and 275 N. Bishop Ave.; 404, 332, 336 and 337 Melba St.; and 403 and 321 W. Ninth St. Altogether, the portfolio’s retail component comprises 22 tenants.

The Hines deal comes two months after Dallas-based investor 90Ten purchased 301-321 N. Bishop Ave.301-321 N. Bishop Ave. in Bishop Arts. Tenants include burger diner Hunky’s, Italian pastry and coffee purveyor Palmieri Café, vintage clothing store Dolly on Bishop, gift shop Kawaii Candle Co., and cosmetics retailer Simply Bella.

bishop arts hines glob­al income trust dallas real estate commercial real estate residential oak cliff real estate
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