With the kids grown and in homes of their own, Tom Hicks and his wife Cinda are looking to downsize. Like many baby boomers, they want to spend more time traveling and pursuing other interests. So, they’ve put their Preston Hollow manse on the market—for a cool $100 million. Allie Beth Allman, founder and CEO of Allie Beth Allman and Associates, was awarded the listing.
Located at 10000 Hollow Way, the home sits on about 25 acres. Along with the four-story main house, it includes a two-story formal guest house, pool, veranda, and three-story pool house. That complex includes a full basement with a theater and media room. It all adds up to about 35,000 square feet of space. The landscaped grounds include formal gardens, a large open meadow and pond, a creek, and pathways and trails. Oh, and don’t forget about the helipad, tennis courts, and caretaker’s house.
The buyer will be the third owner in 77 years, according to Allman, who sold the estate to Hicks in 1997. It was built in 1938 by Pio and Florence Crespi. After Hicks bought it, he gave it a substantial upgrade—a 33-month project that included an addition to the main house. Hicks also acquired adjacent lots to expand the grounds.
Take a tour through the home, guest house, and pool house via the photos below.