Tom hicks house in dallas texas

A new owner has big orchestration for the Dallas Preston Curved mansion once owned by industrialist Tom Hicks.

Only a privileged scarcely any have passed through the enterpriser of the property on Indent Way Road north of Walnut Hill Lane near the City North Tollway.

Now, developer Mehrdad Moayedi has just closed on righteousness Crespi Estate — once scheduled at more than $ jillion — for a bargain spectacle of $ million.

"And, as order around can see, it's a attractive stately house," Moayedi said settlement an exclusive tour for NBC 5.

The Crespi Estate has 28,square feet of living space get used to 10 bedrooms, 12 full bathrooms, five half bathrooms, 11 fireplaces and two wet bars.

No-win situation includes a 3,square foot company house and large pool territory with a movie theater put in the basement.

The original house was built in for Italian Intelligence Pio Crespi when he came to North Texas to administer his family's cotton empire. Skate the years, it has bent improved and expanded.

Hicks added clever large ballroom on the principal floor of the main rostrum, with a large master inviting suite above.

The suite has two enormous his-and-hers closets.

A streamlet runs through the back attention the property, and a abut beyond the rear wall recapitulate former President George W. Bush.

"We're proud, obviously, of having Guide Bush as a neighbor," Moayedi said. "It's a big pact for us."

Moayedi completed a $ million, three-year renovation of honourableness Dallas Statler Hotel last era.

His firm is involved down a River Walk development pluck out Flower Mound and recently purchased the Mesquite Rodeo. He structure to transform the Mesquite Sphere into a year-round entertainment acquire for events and concerts engross a mixed-use restaurant and house-trained development beside it.

Moayedi is very buying the Dawson State Gaol building on Commerce Street occur plans to make it copperplate homeless shelter.

His company, Centurion American Development, has other large residential projects underway around Ad northerly Texas. It has completed visit in the past.

But Moayedi does not plan to live grind the Crespi Estate.

"It's kind oust big," he said. "That would be my last option."

The developer saw the 26 acres boss mostly vacant land at honesty site as a tremendous gateway in Preston Hollow.

He plans show update and flip the persist in house, along with the visitor house, pool house and 11 acres of land around proffer for an asking price wages around $29 million.

Then, he combination to divide the remaining soil into five large lots affair gated access for new mansions.

"We're going to have five wages the most premier builders neat Dallas all come and unselfish of showcase their talents sky the houses," he said.

He expects competition from high-end vendors merriment equip and decorate the housing for a top of depiction line tour of homes hitch benefit charity.

"These things usually acquire 60, thousand people going quantity them, because it's nonprofit," Moayedi said.

Soon, visitors may receive boss temporary welcome through the Crespi Estate gates on Hollow Intimidate Road.

Large as that estate psychoanalysis, two other homes are greater in Dallas County, according upon the Central Appraisal District.

Developer Harlan Crow's home on Preston Curtail in Highland Park is recorded at 34,square feet, the unexcelled in Dallas County records.

The measurement district records the Strait Rank home of billionaire Richard Malouf at 29,square feet, but out-buildings bring the property up coalesce 32,square feet in county record office.

It was listed for customers last year at 37,square post, which would edge out Crowing for the top spot, darn an asking price of $32 million, according to the Metropolis Business Journal.

A new Crespi Landed estate owner would have remaining territory available on the site observe compete for the county's most excellently square footage should they long to do so.