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WSJ Takes a Look at Perot Family, Ctd.

Posted on September 22nd, 2009 11:22am by Josh Hixson
Filed under Local News, Media, Real Estate

Just wanted to add a little fuel to the fire sale: A little over a week ago it came to our attention that Ross Perot Jr., had likely bought a sizable Highland Park lot that was once the spot of Bum Bright’s home. The land was purchased in June and is valued at $9,388,790 by DCAD. It’s a beautiful piece of land in a gorgeous neighborhood. No signs of construction yet, but I’m guessing that’s only a matter of time now.

7 Comments to “WSJ Takes a Look at Perot Family, Ctd.”

castle maker @ September 22nd, 2009 at 11:43 am

Either RP Jr. maxed out his credit card for that purchase or his wallet is overstuffed from the 68% premium that Dell paid for Perot Systems. So much theories on fire sales and shaky finances.
GMOM @ September 22nd, 2009 at 12:02 pm

Last I checked the property on Lakeside was assigned to the Town of Highland Park and designated “commercial” property, this was in DCAD. How could this be? A Burger King on Bum’s lot?
Josh Hixson @ September 22nd, 2009 at 12:18 pm

@GMOM Here’s the link to the DCAD page http://www.dallascad.org/AcctDetailRes.aspx?ID=60084500300060000. The one you’re referring to is the park across the street.
Candy Evans @ September 22nd, 2009 at 12:33 pm

Josh, you read my mind all the way from Maine. I’ll be back soon to start digging.
John M @ September 22nd, 2009 at 1:10 pm

Even Ross Perot Jr. doesn’t want to live in Victory, how depressing is that?
Incognizant @ September 22nd, 2009 at 1:44 pm

Has anyone else been laughing over the past several years that Junior pre-decided that it should be named “Victory.” Isn’t that just sooooo Perot-esque?

And I thought that it was the Germans that lost to the Americans. (Maybe it will turn out that way after all.)
nmlhats @ September 22nd, 2009 at 8:12 pm

That appraisal reminds me that the entirety of the “nonprofit” private Dallas Country Club–a significantly bigger chunk of HP dirt–is appraised at some ridiculously paltry figure like $10 million. That is so wrong.