Over the weekend, the Lake Tyler HGTV Dream Home was auctioned off for $1.3 million to Dallas resident Rick Mullins.  

Not unlike previous Dream Home winners, Don Cruz had trouble maintaining the home and steep property taxes.

The home, along with all the furnishings, was auctioned off this past Saturday.  After an initial asking price of $5 million, the open bid dropped to $1 million before selling for $1.3 million. The house is appraised at $2 million, with estimated property taxes of $25,000.

The land beneath the home is owned by the city of Tyler, and must be leased annually. The home also may not be used for commercial purposes, leaving owners with few options but to enjoy it as a personal vacation retreat.

Posted: January 16th, 2008 under Real Estate.
Comments: 1

Carter BloodCare officials are asking Tylerites to give blood this winter, as the supply of blood has dropped in recent weeks.

Go ahead and stop by the Stewart Blood Center this week and give some blood - it doesn’t take long and you know you’ll feel good about it afterwards. Here’s a map to the blood center:

View Larger Map

Posted: January 16th, 2008 under News.
Comments: none