{"id":394984,"date":"2026-08-01T20:46:20","date_gmt":"2026-08-01T20:46:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/394984\/"},"modified":"2026-08-01T20:46:20","modified_gmt":"2026-08-01T20:46:20","slug":"auction-closes-for-old-highland-park-mansion","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/394984\/","title":{"rendered":"Auction closes for Old Highland Park mansion"},"content":{"rendered":"<p>Bids opened at $17M on July 15, home had an initial asking price of $36.5m.<\/p>\n<p>DALLAS \u2014 This article was originally published in the Dallas Business Journal. Read the\u00a0<a href=\"https:\/\/www.bizjournals.com\/dallas\/news\/2026\/07\/30\/3711-lexington-avenue-auction-close.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">original article and more business content here<\/a>.<\/p>\n<p>\u00a0A rare auction for a mansion in Old Highland Park has wrapped. After <a href=\"https:\/\/www.wfaa.com\/article\/news\/local\/old-highland-park-mansion-auction-bids-start-185-million-below-initial-asking-price\/287-23a84a37-7c96-49db-a30c-760d96c2a0dc\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">bids opened at $17 million<\/a> on July 15, the winning bid for the estate at 3711 Lexington Ave. appears to have been $21 million, according to the Concierge Auctions website. The auction closed on July 29 and the final bid has since been removed.<\/p>\n<p>The sellers, eager to let go of the property after 15 years to move to a new high-rise on Knox Street, tapped Concierge Auctions to sell the home at a live auction in New York City. Ralph Randall with Briggs Freeman Sotheby\u2019s was the listing agent. Randall declined to confirm the final bid price.<\/p>\n<p>Although the winning bid marked an end to the auction, the deal still needs 30 days to close. In some cases, such auctioned deals can fall through like for the Fort Worth mansion built for Texas Rangers co-owner Bob Simpson.<\/p>\n<p>Dallas Central Appraisal District most recently valued 3711 Lexington at $26.5 million, but such appraised values typically trail market value.<\/p>\n<p>Read the full story <a href=\"https:\/\/www.bizjournals.com\/dallas\/news\/2026\/07\/30\/3711-lexington-avenue-auction-close.html\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">here<\/a>.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Bids opened at $17M on July 15, home had an initial asking price of $36.5m. DALLAS \u2014 This&hellip;\n","protected":false},"author":2,"featured_media":394985,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[102,104,103],"class_list":["post-394984","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-dallas","tag-dallas-headlines","tag-dallas-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/394984","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=394984"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/posts\/394984\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media\/394985"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/media?parent=394984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/categories?post=394984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-tx\/wp-json\/wp\/v2\/tags?post=394984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}