This story appears in the July 26, 2017 issue of Forbes. Subscribe
Beyond billionaire Mark Cuban's palatial mansion nestled in Preston Hollow lies the Dallas skyline... [+]
At the beginning of the last century, Pio Crespi, a wealthy Italian count, arrived in America with the intention of expanding his cotton business. He headed west and eventually settled in Dallas, where he erected a mansion befitting an old-world noble in a northern enclave called Preston Hollow. There, Crespi and his family hosted guests, including legendary opera singer Maria Callas and the Duke and Duchess of Windsor, at their extravagant French-style estate.
The 29,000-square-foot, ten-bedroom manse still stands today as Preston Hollow's pièce de résistance. It's now owned by a corporate aristocrat: billionaire banker Andy Beal, who made headlines last year when, in a two-month span, he bought Crespi's old homestead for an estimated $40 million and then paid an estimated $25 million for another estate nearby.
Beal finds himself in very good company in the roughly 6-square-mile neighborhood, which lies about 10 miles north of downtown Dallas. Mark Cuban's palatial spread (pictured above) is several blocks away. In all, Preston Hollow is home to at least five billionaires, a sprinkling of sports stars and the 43rd president.
Preston Hollow is home to at least five billionaires, a sprinkling of pro athletes and the 43rd... [+]
Lee & Claudia Trevino
$9.6 million (assessed value)
The retired golfer—who won six major championships, including the 1968 U.S. Open and the 1984 PGA Championship—and his wife own two homes in Preston Hollow, one of which reportedly has
two putting greens.
$4.6 million (assessed value)
The oil tycoon and former billionaire owns an 8,200-square-foot, three-bedroom home.
Roger & Marianne Staubach
$5.4 million (assessed value)
Ex-Cowboys quarterback's retreat spans 12,800 square feet; he and his wife also have a smaller place in nearby Russwood Acres.
Randall & Lenise Stephenson
$5.6 million (assessed value)
H. Ross Perot Sr.
Net worth: $3.9 billion
$22.1 million (assessed value*)
His presidential campaigns long behind him, the 87-year-old Perot can unwind (and fret about the deficit) on a property that includes a barn, a greenhouse and a pool.
$6.2 million (assessed value)
In 2008, a year after he was named NBA MVP, the Mavericks forward rewarded himself with a 9,800-square-foot, five-bedroom home. It's just a six-minute drive from Mavs owner Mark Cuban's place.
Mark Cuban
Net worth: $3.4 billion
$18 million (assessed value)
A few months after Cuban sold Broadcast.com to Yahoo for $5.7 billion in April 1999, he bought this 23,700-square-foot, ten-bedroom house, which features a spa, a sauna, a pool and five wet bars. He reportedly didn't furnish parts of the home for years, preferring to use the open space to Rollerblade and play Wiffle ball.
$1.9 million (assessed value)
Cosmetics queen Mary Kay Ash built this pink palace in 1984 and reportedly lived there until her death in 2001. The 11,900-square-foot house is now owned by an LLC with an address linked to a Dallas chiropractic office.
Net worth: $3.7 billion
$25.4 million (assessed value)
Energy Transfer Partners' cofounder snagged this 26,600-square-foot home in 2009. Pick your preferred sport: It has a baseball diamond, tennis court and bowling alley.
A look inside the foyer of Beal's Crespi Hicks Estate.
Stephen ReedNet worth: $10.1 billion
$48.9 million (assessed value*)
This may be hotter-than-hellfire Texas, but Beal's estate includes 11 fireplaces, a movie theater, a swimming pool, a tennis court and a wine cellar. This January, a year after he bought it, Beal put the place on the market.
George W. Bush
$4.6 million (assessed value*)
When the Bushes left the White House in 2009, they settled on this 8,500-square-foot ranch built in 1959. If Bush 43 ever gets nostalgic for his previous residence, a replica of the White House owned by multilevel-marketing entrepreneur Ralph Oats
is just down the road.
Net worth: $1.4 billion
$17.4 million (assessed value)
Kenny founded long-distance carrier Excel Communications in the 1980s, and he and Lisa might have use for that service in their own home: The seven-bedroom mansion sprawls across 16,900 square feet.
$8.9 million (assessed value*)
In December 2015, fresh off his Masters and U.S. Open wins, Spieth found a new pad in which to stash his green jacket. Purchased from fellow PGA golfer Hunter Mahan, the house came with a mural of the Augusta National clubhouse and an indoor golf simulator.
*Property value includes house and adjacent parcels of land.
