Tom hicks house in dallas texas

A new owner has big plans for the Dallas Preston Hollow mansion once owned by businessman Tom Hicks.

Only a privileged few have passed through the gates of the property on Hollow Way Road north of Walnut Hill Lane near the Dallas North Tollway.

Now, developer Mehrdad Moayedi has just closed on the Crespi Estate — once listed at more than $ million — for a bargain price of $ million.

"And, as you can see, it's a pretty stately house," Moayedi said on an exclusive tour for NBC 5.

The Crespi Estate has 28,square feet of living space with 10 bedrooms, 12 full bathrooms, five half bathrooms, 11 fireplaces and two wet bars.

It includes a 3,square foot guest house and large pool house with a movie theater in the basement.

The original house was built in for Italian Count Pio Crespi when he came to North Texas to oversee his family's cotton empire.

Over the years, it has been improved and expanded.

Hicks added a large ballroom on the first floor of the main house, with a large master