A Highland Park home is heading to auction after first listing for about $30 million over a year ago.
Shoot2Sell
A Highland Park home that was last listed for $29.9 million is headed to auction.
The home at 3711 Lexington Ave. includes about 20,500 square feet of space. The home is near Davis Park at St. Johns Drive and Lexington Avenue.
The home will be listed for auction starting on July 15 and ending on July 29, according to Concierge Auctions, which is managing the auction. Registration for the auction will be accepted through July 14. The home’s auction comes after the home was first listed on the market for over a year ago.
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Initial bids are estimated to be between $7 million and $15 million, according to Concierge Auctions.
The home in Highland Park also has a screened porch with views overlooking a creek, a grand staircase and a dining room with views of the estate’s 1-acre lot.
Shoot2Sell
The home first hit the market at $36.5 million in March 2025. The home has been on and off the market since then. The price later dropped to $35 million in October 2025 and then $29.9 million in December 2025, according to Zillow. Ralph Randall, a real estate agent with Briggs Freeman Sotheby’s International Realty, has had the listing.
The home was built in 2012 and sits on about an acre of land, according to the property’s listing. One of the home’s features is a two-story great room outlined with bookcases and recessed alcoves.
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The home also has a screened porch with views overlooking a creek, a grand staircase and a dining room with views of the estate’s 1-acre lot, according to the listing. The home has five bedrooms, seven full bathrooms and six half bathrooms. The home also has a pool and elevator, according to the auction website.
The property has been owned by Larry and Joyce Lacerte since 2011, according to the Dallas Central Appraisal District. The appraisal district placed the home’s value at about $26.6 million for tax purposes.
Larry Lacerte is an entrepreneur who sold his company Lacerte Software Corp., a Dallas-based tax preparation software firm, to Intuit in 1998 for $400 million, according to a 1998 news release. He also founded ExponentHR, a technology company that automates some human resource functions.
In 2011, Larry Lacerte talked about his experience with leukemia in a story with The Dallas Morning News. Larry and Joyce Lacerte couldn’t be reached for comment for this article.
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The home at 3711 Lexington Ave. includes features like a screened porch with views overlooking a creek, a grand staircase and a dining room with views of the estate’s one-acre lot.
Stephen Reed
Chad Roffers, chairman of Concierge Auctions, said some sellers are able to wait as long as it takes for the right buyer, but some aren’t.
A home at 3711 Lexington Ave. includes five bedrooms, 13 full bathrooms and eight half bathrooms. The home is set to be auctioned in July.
Stephen Reed
The home at 3711 Lexington Ave. includes features like a screened porch with views overlooking a creek, a grand staircase and a dining room with views of the estate’s one-acre lot.
Stephen Reed
The home at 3711 Lexington Ave. includes features like a screened porch with views overlooking a creek, a grand staircase and a dining room with views of the estate’s acre lot.
Stephen Reed
“Some sellers want to get the best price, but they also value their time, which arguably is the most valuable thing to any high net worth person,” Roffers said. “And so our ability to generate a sale in a very time-efficient way is really appealing.”
The auction process means that the buyer has the opportunity of naming the price they are willing to spend, he said. A property like this one could see about 250 inquiries that result in five to 10 competing bidders, he said.
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Texas is one of the auction firm’s largest markets, Roffers said.
“Highland Park is arguably the best of the best as it relates to Texas real estate and so to have, not only a property in that neighborhood, but such an iconic residence like the one that we’re offering, it is a rare occurrence,” Roffers said.