{"id":359038,"date":"2026-07-02T20:19:19","date_gmt":"2026-07-02T20:19:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/359038\/"},"modified":"2026-07-02T20:19:19","modified_gmt":"2026-07-02T20:19:19","slug":"cinemark-founders-sell-preston-hollow-home","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/359038\/","title":{"rendered":"Cinemark founders sell Preston Hollow home"},"content":{"rendered":"<p><img alt=\"The Preston Hollow mansion at 9769 Audubon Place has a 20-seat movie theater room. The house was owned by the founders of Cinemark.\" loading=\"eager\" fetchpriority=\"high\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>The Preston Hollow mansion at 9769 Audubon Place has a 20-seat movie theater room. The house was owned by the founders of Cinemark.<\/p>\n<p>2025 File Photo\/Elias Valverde II<\/p>\n<p>The founders of the theater company Cinemark sold their Preston Hollow home in late June\u00a0\u2014 an estate fit for a movie mogul.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn-channels-pixel.ex.co\/events\/0012000001fxZm9AAE?integrationType=DEFAULT&amp;template=design%2Farticle%2Fplatypus_two_column.tpl\" alt=\"\" class=\"x1px y1px vh abs\" aria-hidden=\"true\" width=\"1\" height=\"1\"\/><\/p>\n<p>Cinemark founder Lee Roy Mitchell and his wife, Tandy Mitchell, sold their home after first listing the mansion nearly a year ago.<\/p>\n<p>The couple\u2019s mansion at 9769 Audubon Place was sold for $15 million, said Ann Shaw with Briggs Freeman Sotheby\u2019s International Realty who handled the listing. The Cinemark founders sold the home on June 22 to Kevin and Amanda Moore, who bought the mansion through a trust, according to county documents.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>The home was<a href=\"https:\/\/www.dallasnews.com\/business\/real-estate\/2025\/09\/30\/cinemark-founders-list-dallas-home-for-22m\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\"> first listed for $22 million<\/a> in September 2025. However, the mansion went off the market at one point and the home\u2019s listing price decreased to $18 million in January 2026, according to Zillow.\u00a0<\/p>\n<p><img alt=\"The pool and house at 9769 Audubon Place.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>The pool and house at 9769 Audubon Place.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<\/p>\n<p>Lee Roy and Tandy Mitchell founded <a href=\"https:\/\/www.cinemark.com\/about\/about-us\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">Cinemark<\/a>. Lee Roy Mitchell was the CEO of the company until 2006, when he became executive chairman. In 2023, the company announced his <a href=\"https:\/\/ir.cinemark.com\/news-events\/press-releases\/detail\/564\/cinemark-founder-lee-roy-mitchell-retiring-from-the\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">retirement from the company\u2019s board of directors<\/a>.\u00a0<\/p>\n<p>Cinemark is headquartered in Plano and has about 500 locations across the U.S., according to its website.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p><img alt=\"Cinemark founder Lee Roy Mitchell inside his home at 9769 Audubon Place.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>Cinemark founder Lee Roy Mitchell inside his home at 9769 Audubon Place.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<\/p>\n<p>The couple has been living in the Preston Hollow home for about three decades. The couple bought the first of two lots for the home in the mid-&#8217;90s, eventually creating a 3.39 acre space near the tributary Bachman Branch, Shaw said.<\/p>\n<p>The 14,341-square-foot home has six bedrooms, eight full bathrooms and four half bathrooms, according to <a href=\"https:\/\/www.briggsfreeman.com\/property\/9769-audubon-place-dallas-tx-75220\/99921272\/\" data-link=\"native\" class=\"\" rel=\"nofollow noopener\" target=\"_blank\">the listing<\/a>. Shaw said people interested in the home appreciated the home\u2019s architecture but weren\u2019t necessarily ready to take on renovating the home. The buyers have plans to update the home, she said.<\/p>\n<p>When the home was listed in September 2025, it was the most expensive listing in Texas that month, according to the Houston Association of Realtors. The $15 million sale could rank among Dallas-Fort Worth\u2019s top home sales of the year.\u00a0\u00a0<\/p>\n<p><img alt=\"The family room at 9769 Audubon Place.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>The family room at 9769 Audubon Place.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<\/p>\n<p>After the home was listed, Tandy Mitchell told The Dallas Morning News that the estate feels like a home instead of a mausoleum.<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cEverybody that walked in said even though it was a big house\u00a0\u2014 it felt like a home,\u201d Tandy Mitchell said.\u00a0<\/p>\n<p>The Preston Hollow home was built for entertaining with a 20-seat soundproof theater, a 2,500-square-foot pavilion with a catering kitchen and a 1,000-bottle, temperature-controlled wine room.\u00a0<\/p>\n<p><img alt=\"The entrance to the 20-seat movie theater room at 9769 Audubon Place pictured, Thursday, Sept. 25, 2025, in Dallas.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-gray200 mnh0px fill\"\/><\/p>\n<p>The entrance to the 20-seat movie theater room at 9769 Audubon Place.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<\/p>\n<p>The mansion has hosted developers interested in adding a theater to their shopping center and politicians like Ted Cruz, who spent the night at the home, the couple said.<\/p>\n<p><img alt=\"Custom pillows for homeowner and Cinemark founder Lee Roy Mitchell and his wife, Tandy, in the movie theater at their home at 9769 Audubon Place.\" loading=\"eager\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>Custom pillows for homeowner and Cinemark founder Lee Roy Mitchell and his wife, Tandy, in the movie theater at their home at 9769 Audubon Place.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<img alt=\"The kitchen at 9769 Audubon Place pictured, Thursday, Sept. 25, 2025, in Dallas.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>The kitchen at 9769 Audubon Place pictured, Thursday, Sept. 25, 2025, in Dallas.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<img alt=\"The library at 9769 Audubon Place pictured.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>The library at 9769 Audubon Place pictured.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<img alt=\"A view of the great room at 9769 Audubon Place.\" loading=\"lazy\"   style=\"aspect-ratio:3 \/ 2\" class=\"x100 y100 opc bgpc ofcv bgscv block bg-black mnh0px fill\"\/><\/p>\n<p>A view of the great room at 9769 Audubon Place.<\/p>\n<p>El\u00edas Valverde II\/Staff Photographer<\/p>\n<p>The couple said they thought the home would be their forever home, but it\u2019s too much house for them as they get older.\u00a0<\/p>\n<p class=\"uiTextSmall f aic jcc\">Article continues below this ad<\/p>\n<p>\u201cI still love the house,\u201d Tandy Mitchell told The News. \u201cI don\u2019t think you can find a better property in the city of Dallas.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The Preston Hollow mansion at 9769 Audubon Place has a 20-seat movie theater room. The house was owned&hellip;\n","protected":false},"author":2,"featured_media":359039,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[102,104,103,87998,89305,90037],"class_list":["post-359038","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-dallas","tag-dallas-headlines","tag-dallas-news","tag-tp-dallas","tag-tp-preston-hollow","tag-tp-residential-real-estate"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/359038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/comments?post=359038"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/359038\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/359039"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=359038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=359038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=359038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}