The Dallas-Fort Worth area is home to loads of great sports teams. You’ve got the Texas Rangers and the Dallas Cowboys in Arlington, the Dallas Mavericks in downtown Dallas, and there are tons of fantastic minor league baseball teams throughout the region. Of course, Cowboys Stadium hosts other fantastic events, like the NCAA Final Four basketball tourney, as well as the Cotton Bowl. Some musicians even play gigs at Cowboys Stadium, too!
Six Flags Over Texas is close, too. So imagine your summers spent watching the Texas Rangers make another run for the World Series and riding roller coasters or going to Hurricane Harbor to beat the heat!
So if you want to be close to where the sports action is, perhaps it’s time to buy a townhome or condo in Arlington. New developments are popping up all along the perimeter of the Ballpark and Cowboys Stadium, so get there first to get great deals!
Here are a few new and like-new options that are close to your No. 1 team!
It was about this time last year — well, February 2011 — that Sean Payton got everyone all flustered thinking he was maybe trying to get closer to Jerry Jones and the Dallas Cowboys. Well, of course he wasn’t. He had other fish to fry. But Payton and his family did move to the uber exclusive Vaquero Club in Westake. As in the number one home to many PGA golfers, current and former Texas Rangers players and other celebrities. Payton, his wife Beth and kiddos hunkered down in the 8,554 square foot house owned by former Texas Rangers and current New York Yankees first baseman Mark Teixeira. Built in 2005, the house has been on the market since April 2009 with an original list price of $5,750,000.
Just so happens Teixeira’s pad is on the market again, just went on, in fact, Tuesday March 6 at a reduced price of $3,995,000. Wowzers. That’s almost TWO MILLION less than what Tex wanted back in 2009! Which is why we are thinking, geeze, maybe Sean’s heading back to NOLA to keep his team in line.
As for 2220 King Fisher, what a great deal for a great house! You get a rare 1.078 acre waterfront lot at gated, secure Vaquero (HOA dies $1950 twice a year), great traffic flow, spacious covered patio that unites the living room, keeping room (where he should have put SOME PEOPLE in time out) and media room. The Master is totally out of control. It connects to the spa patio and then the wowzers master bath connects to a private Zen patio. The pool has two gas pots, and a separate patio around a large fire pit. There is a huge game room with bar and two-level office, a media room, five bedrooms, four and a half baths, 4 car garage on 1.078 of God’s green acres: what a steal!
Palmeiro’s creditors are owed more than $40 million, and $10 million of that is owed to Palmeiro himself, the “skin” he apparently put into the deal which has Branch Banking & Trust listed as the largest creditor at $19 million. According to the Fort Worth Star Telegram, Palmeiro negotiated loan extensions with three lenders last year, but in March, BB&T played hardball:
“BB&T “abruptly demanded $8 million cash to extend again,” and posted the property for foreclosure, pushing the development into bankruptcy, court filings said.”
Wow, that’s mean. Palmeiro and his wife, Mary Lynne, live in Colleyville. Stay tuned for the deets on that home. But they also own a home in in Pebble Beach, Calif., worth at least $10.5 million, they claim, which they say they will sell. (Hey, I know a great Realtor out there.) The Star-Telegram says they plan to make $2.5 million from the sale of the Pebble Beach property to make interest payments on notes until the Grapevine property, which fronts Texas 121 and Farm Road 2499, sells, hence the request for five years until the market turns around.
I did some digging in Pebble Beach, where I spent a week this summer at Concours D’Elegance. My sources tell me the Palmeiro Pebble pad is about 6,700 square feet, a stunning 1920′s Mediterranean complete with a wine cellar, three car garage, pool and guest house. It was originally priced at more than $12 million, but they snagged it in 2008 for $8,500,000. It may well be worth $10.5 million, but how do they expect to sell it in this market — and California real estate is not exactly flying off the shelves — for more than they paid in 2008? That’s a real head-scratcher.
Of course, my sources there do tell me that while the summer in Pebble was slower than my golf game, things have picked up.
Palmeiro is working to obtain liquidity: Gardens of Grapevine is under contract to sell 17 acres to Lincoln Property Co. for $6.9 million in February. And Lincoln has an option for another 17 acres. With luck and any sort of market turn-around, he could sell 192 acres to net as much as $46.3 million.
And more good news: a recent appraisal put the land’s market value at $55.2 million, up $2 million from an appraisal done a year ago, court filings said, as reported in the Fort Worth Star Telegram. Very encouraging, indeed.
Never mind what former Rangers manager Bobby Valentine said last night on “ESPN’s Baseball Tonight”, that mumbo about Josh Hamilton’s past drug use will affect his ability to “cure” his broken shoulder. It’s April in Texas: I think it’s ALLERGIES that will inhibit his healing — look at all those pretty plants in the yard!
Or will he keep it as a second home? Is he going anywhere? The Dallas Morning News is reporting (I subscribe!) that Chuck Greenberg will be replaced as the managing general partner of the Texas Rangers and CEO of the club’s operating holding company. Expect the announcement later today. Something is apparently rotten in Denmark: a source told the Dallas Morning News that Greenberg left the Rangers’ spring training facility in Surprise, Arizona abruptly on Saturday, this during what was supposed to be a fun-filled, happy, joyous weekend for the partners. And oh dear: Greenberg did not show to a party he and Nolan Ryan were supposed to host on Sunday.
(You what that meant when Rhonda Aikman did not show at Troy’s holiday party.)
It’s only been seven months since the MLB’s approved Greenberg, Ryan and more than a dozen others to purchase the club for more than $590 million. And the Rangers even made it to the World Series! Last April 26, Chuck Greenberg put a contract on this lovely little number at 2211 Vaquero Estates Boulevard (this video of the home is a must-see) owned by former Cowboy Tony Banks, which was listed for $3.5 million with Roxann Taylor and Associates realtors. The home had been on the market for awhile. It’s Mediterranean style, with 8754 square feet and a view of Vaquero’s 17th and 18th fairways. It’s on a cul de sac and has amazing custom finish-out amenities throughout like most Vaquero spreads — huge formals, multiple living areas, master suite with his and her closets and full coffee bar, fabulous kitchen with top of the line gourmet appliances, auxiliary kitchen, wine cellar, game room with microwave and drawer-type dishwasher, full media room, huge sparkling pool. The loggia comes with a 42-inch flat screen and outdoor kitchen. One of my trusted sources tells me Vaquero is getting quite active these days, I quote: “things seem to have picked up quite a bit in Vaquero with several home and lot sells since the first of the year”. It must have helped that Forbes.com named Vaquero as America’s Most Affluent Neighborhood.
P.S: Last time I was out there, it appeared that the Greenbergs were doing some work on the house, so I did not snap pics. You don’t take a picture of a girl when she’s in the middle of a face-lift!
This is Adrian Beltre. Third baseman for the Texas Rangers. Born in the Dominican Republic. He is selling this California home, as I mentioned to you earlier in the week, and he and his adorable wife are house-hunting in — where else — Vaquero. (Update: My friend the RealEstalker, a.k.a. Mama, tells me that Bradbury, where Adrian’s Cali house is on the market for $19 million big ones, is one of the most expensive communities in the country. It is also surrounded by toilet bowls. If you are ever looking out there, take toilet paper.) But here, that agent- to- the- stars, Allie Beth Allman, has been toting the darling couple around town all week. Allie Beth, as you may recall, is the agent who found former President George and Laura Bush their home over on Daria Drive. Here’s one of the glorious homes the Beltres may have been gazing at in Southlake, but I hear they have their hearts set on Vaquero. Tons of inventory out there, like the Jonas Brother’s home. Or this one, one of my all time favorites, because the lines are so clean.
Texas ranger third baseman Adrian Beltre and his wife are real-estate heavy. They have listed for sale a seven-bedroom, 14.25-bath home at 340 Old Ranch Road in Bradbury, northeast of LA, near Pasadena and at the foot of Bliss Mountains. Don’t gulp: the home is listed for $19.8 million.
It’s a modern, Mediterranean-style number you see way too much of a lot of in LA: the circular driveway, Corinthian columns for that palatial feel, 35′ custom painted ceiling in the entry, inlaid marble fleurs, over-sized, dripping crystal chandelier after dripping crystal chandelier, & dual sweeping “Gone With The Wind” staircase. There is a 2500 sq-ft guest house (perfect to accommodate a Middle East security force) with 3 beds & 2 baths, and my oh my to be a servant in this home: even the Cabana has a full kitchen with Viking appliances. (To clean all those bathrooms? Maybe I’ll take GE instead.) Besides all the bedrooms and formals and soaring high to the sky ceilings, there is a rec room/batting cage with bathroom, infinity pool, golf greens, both tennis & basketball courts.
I would seriously market this lickety split to some of the wealthy Egyptians who are escaping right now. Maybe even Hosni Mubarak himself?
Adrian Beltre is currently the third baseman for the Texas Rangers. Previously, he played for the Los Angeles Dodgers, the Seattle Mariners, and the Boston Red Sox. He has won several awards including the Silver Slugger Award in 2004 and the same year was voted second in the National League MVP voting, just behind Barry Bonds. He also received the Fielding Bible Award for being the top MLB defensive third baseman in 2006 and 2008 and the Gold Glove award in 2007. Playing for the Red Sox in 2010, he had 28 home runs, 84 runs scored, and he led the Majors with 49 doubles. No word yet on where he is leasing in north Texas, but I’m sure searching.
And I’ll say he has a home run with this mansion. Cannot help but wonder if he’ll fetch anywhere near $19 million in this market, however. Especially with that furniture…