Fort Worth mansion built for former Rangers co-owner heads to auction

Bob Simpson Texas Rangers co-owner
Bob Simpson Texas Rangers co-owner - Official Website
0Comments
Bob Simpson Texas Rangers co-owner
Bob Simpson Texas Rangers co-owner - Official Website

A Fort Worth mansion originally built for Texas Rangers co-owner Bob Simpson is set to be auctioned, offering potential buyers a chance at one of the city’s most distinctive luxury homes.

The estate, located at 9553 Bella Terra Drive in the Montserrat gated community in southwest Fort Worth, will be auctioned by Concierge Auctions beginning December 3. Bidding is expected to start between $4 million and $6.5 million, according to the Dallas Business Journal. The property covers 19,359 square feet on just over two acres atop a hill.

Bob Simpson, who commissioned the home, is known as a longtime energy executive in Fort Worth. He stepped down as CEO of TXO Energy Partners earlier this year but continues as chairman. The current owners are John Lupo and Andreana Michael, based on Tarrant Appraisal District records. Concierge Auctions notes that Simpson sold the property in 2021.

The home was constructed by J. Lambert Custom Homes of Southlake and sits on two parcels appraised together at $3.5 million. It was previously listed for sale at $11.75 million but did not sell.

As with other high-end properties in Texas that have remained unsold due to high asking prices and decreased demand, sellers are increasingly turning to auctions to attract more buyers and adjust expectations within the market.

The mansion emphasizes its castle-like design, featuring fireplaces in nearly every room, seven bedrooms, 13 full bathrooms and five half-baths. There is also a bonus area measuring 4,734 square feet and separate guest quarters. The primary suite includes a spa-style bath with walk-in shower and Jacuzzi, an oversized closet described as “Texas-size,” a private office above it, and direct access to an indoor pool and hot tub.

Additional amenities include multiple gourmet kitchens and living spaces, a private theater, custom gymnasium, climate-controlled wine room, sports court and a private pond with access to a community water feature. The elevated location offers views over southwest Fort Worth.

Luxury real estate auctions have become more common in Texas for large custom homes that do not fit standard comparable sales data or have struggled to find buyers through traditional listings.

“Luxury auctions have become a familiar pressure valve in Texas’ upper-tier market, especially for oversized, highly customized homes that don’t slot neatly into comparable sales,” wrote Eric Weilbacher.



Related

Amir Korangy, President

Dallas-Fort Worth homebuilders cut new starts as market shifts toward buyers

Homebuilders in North Texas reduced new construction activity throughout 2025 as demand slowed and inventory increased, marking a shift toward a buyer’s market.

Christopher Goff, senior managing director and head of capital formation at Crescent

Crescent Real Estate closes $241M fund amid challenging private equity climate

Crescent Real Estate has completed its latest investment fund, securing $241.5 million to target commercial real estate opportunities.

Amir Korangy, Founder and Publisher

Houston’s office market sees gradual recovery but faces continued challenges

Houston’s office market is showing signs of improvement as it adapts to changes following the pandemic, although its recovery remains slower than that of Dallas.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Lubbock Business Daily.