Tony Parker’s 53-acre Texas mansion with private water park lists for $11M
Former NBA star Tony Parker has reduced the asking price of his 53-acre Texas estate to $11 million, down from an initial $20 million. The property is notable for featuring the largest private residential water park in Texas.
Why it matters
The difficulty in selling this ultra-luxury property illustrates the niche nature of the high-end real estate market and the challenges of liquidating unique, customized assets.
Former San Antonio Spurs legend Tony Parker's spectacular Texas mansion has received another dramatic price cut, nearly five years after first hitting the luxury real estate market. According to a report by MySA, the 53-acre estate near Boerne, Texas, is now listed for $11 million, down from its previous peak asking price of $20 million. Despite featuring one of the country's most extravagant private residential water parks and a host of luxury amenities, the sprawling property has yet to find a buyer.A celebrity estate built for luxury and entertainmentNestled within the exclusive Anaqua Springs Ranch community, Parker's Mediterranean-style mansion is designed on a grand scale. According to various reports, the estate sits on 53 acres and offers six bedrooms, nine bathrooms and expansive indoor and outdoor living spaces that combine luxury with recreation.The property's biggest attraction is undoubtedly its enormous private residential water park.
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