Bank mogul Andy Beal puts former Hicks estate on market for $48.9M

It's only been a year since bank mogul Andy Beal bought the former Hicks estate in Preston Hollow, which was widely marketed for $100 million — yet it was time to put it on the market. This time, Beal has priced it at $48.9 million. The billionaire owner has hired the Realtor that sold him the 25-acre estate in the prestigious Preston Hollow neighborhood, Allie Beth Allman. She has begun marketing the property, which is also known as the Crespi estate, after putting it on MLS. At the time Beal…

from DIYS http://ift.tt/2j5WVQ0