Mount Vernon at White Rock Lake in Dallas on market again

At $29,500,000, it's the most expensive listed home in Dallas.

PRNewsFoto/Allie Beth Allman and Associates

Texas landmark home of H.L. Hunt, birth of oil industry is for sale.

Allie Beth Allman is once again listing Mount Vernon, the beautiful, stately, historic Dallas estate on White Rock Lake built by oilman and Dallas icon H.L. Hunt and owned by John and Teresa Amend. It's not in MLS but listed for $29,500,000. That does not include the furnishings but does include all 10 acres, the guest house and bowling alley, which are both incredible, the home and the swimming pool, which was the very first in Dallas. Now the fun is figuring where John and Teresa will move, and whose home they will buy. Don’t you just love real estate?

On the market again, you say? Yes, there is quite a bit of scuttlebutt not only to the estate, but the sales history. Flash back to 2008 when the Dallas Morning News first reported that the Hunt estate was up for sale. Think asking price was $50 millionish. (No kidding!) The News was told that it would be listed by Eleanor Mowery Sheets. Then, the News had to recant that story because, as it turns out, Mt. Vernon was not listed with EMS. (The Sheets’ PR agent at the time, Keith Nix, told me Nicky Sheets had told him it was their “hip pocket.” But they were having all those tax issues, etc. etc. please let’s not go there.) Then last April 2010, we heard that Mt. Vernon was listed with Allie Beth for $32.5 million, making it the most expensive house on the market at the time and ever in Dallas.

While there may only may be a handful of Dallas rich who could afford to buy Mt. Vernon, I suspect it might be an out-of town billionaire moving to Texas for our economy and lack of a state income tax. The home also beats out Troy Aikman’s $24 million Highland Park wonder at being the priciest piece of dirt in town.