Austin polo estate finds buyer after $23M price cut

Amir Korangy, Founder and Publisher
Amir Korangy, Founder and Publisher - The Real Deal
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A luxury equestrian estate near Austin, known as Victory Cheval Estate, has found a buyer after being listed for $23 million. The property, located at 13628 Gregg Manor Road, covers 88 acres and features a working livery operation, a large horse barn with 24 stalls, and a seven-bedroom home that can accommodate up to 25 guests. The estate also serves as the home field for the ATX Polo Club.

The listing agent, Taylor Homuth of Spyglass Realty, stated that the property was initially offered privately for six months before appearing on the Multiple Listing Service with an asking price of $25 million. In March, the price was reduced to $22.9 million. According to Zillow records, the manor entered a contingent phase in September but the contract has not yet been finalized.

Victory Cheval LLC owns the estate and is registered to Wally Tingley, a local real estate lawyer. Garrett Jennings, who leads Castle Crown Properties based in California, manages both the LLC and the property.

Public records have not yet disclosed information about the seller.

Homuth described the land as having significant commercial potential because it is free from deed restrictions or zoning regulations. “As you can see, this property has so much potential. Whether you want to build condos or apartments, or you even want to bring in a winery or build a golf course, this property has endless opportunities,” Homuth said in a listing video.

Despite these possibilities, Homuth indicated that the buyer intends to maintain both the residence and its equestrian operations.

In Austin’s real estate market—a city where about one-third of homes are owned by investors—many luxury properties are also used as short-term rentals. For example, recent sales included high-capacity compounds marketed toward group stays.



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