H
ighland Park’s 20,000‑sq‑ft mansion, with annual taxes of roughly $260,000 per Dallas Central Appraisal District records, remains one of Texas’s most expensive homes even after its owner—a prominent Dallas businessman and philanthropist—cut the asking price. The property at 3711 Lexington Avenue topped Texas’s new‑listing chart in October, priced at $35 million per the Houston Association of Realtors, though Dallas’s Crespi Estate still leads the state at $64 million.

    Built in 2012, the four‑story estate features five bedrooms, seven full bathrooms, six half‑baths, an indoor pool, underground garage, gym, guest quarters, and an elevator. Larry Lacerte, who sold his software company to Intuit for $400 million in 1998, and his wife Joyce own the home.

    The house first entered the market in March for $36.5 million, was withdrawn in July, and re‑listed on Oct. 16 with a lower price. Rising inventory has shifted the market toward buyers, prompting sellers to slash prices to move properties.