facebook
twitter
rss
account
search
search
 

Armstrong sells Austin home for $3.1 million

April 11, 2013 at 11:15 AM   |   Comments

| License Photo
AUSTIN, Texas, April 11 (UPI) -- Disgraced cycling champion Lance Armstrong has sold his home in Austin for $3.1 million, but plans to remain in the central Texas city, officials say.

Local real estate agents said the house at one time had been listed for $10 million, the Austin American-Statesman reported.

The home, which Armstrong purchased in 2004, was appraised on the 2012 county tax rolls at $3.9 million.

Armstrong plans to stay in Austin, a spokesman said.

Al Koehler, 49, founder of a company that buys oil and gas royalties and mineral rights, purchased the 7,850-square-foot home and 1.7 acres of property.

Armstrong spent two years renovating the Spanish-style property. His office had a fireplace and leather-covered floors and a master suite featured a stainless steel fireplace. In 2008, the home was featured in Architectural Digest magazine.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Recommended UPI Stories
Most Popular
1
Arkansas State player fakes death on-field to distract defense, play called 'fainting goat' Arkansas State player fakes death on-field to distract defense, play called 'fainting goat'
2
NFL Players Association appeals Ray Rice's indefinite suspension NFL Players Association appeals Ray Rice's indefinite suspension
3
Minnesota Gov. Mark Dayton calls on Vikings to suspend Adrian Peterson indefinitely Minnesota Gov. Mark Dayton calls on Vikings to suspend Adrian Peterson indefinitely
4
Adrian Peterson facing more child abuse allegations after details about 2013 incident come out Adrian Peterson facing more child abuse allegations after details about 2013 incident come out
5
UPI horse racing roundup UPI horse racing roundup
Trending News
Video
x
Feedback