$50M lakefront Austin compound could become Texas' most expensive home ever sold

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The owners of at least two other Texas mansions are currently competing with the Austin...

United States News, United States Headlines

A newly listed lakefront compound in Austin could become the most expensive house ever sold in Texas, if a buyer meets the $50 million asking price.

“Comprised of 80,000 pounds of steel, two pools, the finest of curated materials and privacy, this property is truly one of one,” Ramey said. Owner Brett Ames, a real-estate developer, in 2014 acquired the land on which to build a home for his family. The price he paid for the land is not public record in Texas, but Ames said construction of the compound cost around $1,250 per square foot.

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