A Big Deal in the Big D

SELLER: Larry and Joyce Lacerte
BUYER: Kelcy Warren
LOCATION: Park Lane, Dallas, TX
PRICE: rumored to be $30,000,000-ish
SIZE: 26,620 square feet, 6 bedrooms, 10 full and 6 half bathrooms
DESCRIPTION: A big estate in Preston Holler

YOUR MAMAS NOTES: In an era when foreclosures, falling home prices, and real estate doom and gloom is the order of the day, it's easy to forget that a lot of rich people are still filthy, stinking, vaingloriously rich and tossing big money around on palatial properties like it was 2005. One such Daddy Warbucks is Texas energy executive Kelcy Warren who recently forked over a spectacular amount of money for the undeniably lavish and architecturally dignified Dallas, TX estate of software tycoon Larry Lacerte and his wifey Joyce.

Your Mama first learned of the tremendous transaction from dee-voon Dallas real estate gossip Candy Evans who spilled the juicy beans about the purchase back on June 17. According to information provided to the enviably well informed Miss Candy, the 8.7 acre estate on posh Park Lane in the pricey Preston Holler* area of Dallas was first quietly shopped around last year with a hair raising asking price of $45,00,000. That rumored figure was reportedly reduced to a still hair raising $40,000,000. Then, according to Miss Candy, along comes Warbucks Warren who is believed to have dropped somewhere around $30,000,000 for the property. If true, and we have no reason to believe it is not because Miss Candy does not fool around with her facts, the sale would represent the largest amount of money ever paid for a pad in Old Preston Holler.

Texans proudly declare that, "Everything is Bigger in Texas" and children if y'all have ever been to Texas–and Your Mama most surely has–then you know them sun-kissed tawny Texans love them some big trucks, big churches, big hair, and big bank accounts. At a boo-teek hotel-sized 26,620 square feet, the Lacerte/Warren mansion certainly lives up to that beloved stereotype. Property records show the English-y, ivy covered and multi-winged monster-manse was built in 1992 and includes garaging for 12 cars, 6 bedrooms and 16 terlits** divided among 10 full and 6 half poopers. Have mercy. Your Mama hopes the Warrens get on the telephone to a reputable domestic employment agency right quick because they are going to be in serious need an army of minimum wage gurls to keep all those beds made and terlit bowls dinner plate clean. They will also, presumably, require a busload of well-coiffured and tight-panted nice gay decorators to be up in their new crib spending their money on the sort of swagged drapery, 18th century commodes, porcelain snuff boxes, Fabrege doodads and Louis the Something gewgaws that will make their new money look old.

Unfortunately we know precious few details about the interior spaces of the monster mansion, but there are reportedly loads of elaborate carved woodwork, cast hardware and hand-cut stone, natch. According to Miss Candy's report, the recreation facilities include a racquetball court, an exercise room, a wine cellar and tasting room, a bowling alley, tennis court, a children's play ground, a damn baseball diamond with a lighted scoreboard, a small lake, an orange conservatory next to the interlocking Koi ponds where it is rumored the Lacertes kept more than a million clams worth of Koi and, hold on to your britches kids, a near-Olympic-sized natatorium with adjacent locker rooms. A natatorium! Good grief.

After checking around with a couple of Your Mama's peeps in the Big D we learned that word on the real estate gossip grapevine down Dallas way is that Mister Warren is carrying a fourteen million dollar mortgage on the property. We can not confirm that figure but just thinking about a fourteen million dollar mortgage makes Your Mama need a damn nerve pill.

Preston Holler is one of Dallas' finer and most expensive neighborhoods where many of the swank streets are lined with mansions that make Beverly Hills look like the damn ghetto. The Holler is home to Texas bigwigs like H. Ross Perot, T. Boone Pickens, Mark Cuban, actor Luke Wilson and of course, our esteemed former president George W. Bush and his librarian ladee-mate Laura.

*Your Mama is well aware that the neighborhood is called Preston HollOW and not Preston HollER, but we like saying Holler.

**Since there was no official listing for the property, these figures are from public property records and may or may not reflect an accurate count of bedrooms and poopers.