What $50,000,000 Buys You in TEXAS | Legacy Estate Tour 

Comment what you think of this Texas Legacy Estate and check out Masterworks to diversify your portfolio!

As someone who lives in Austin and knows the real estate market here $50m is an insane price tag for this place. Should be about half that. I’ve seen lakefront properties here with much more space and custom work for a fraction of the cost.

As a Texan and former Austin dweller, there are maybe a couple of months out of the year where that place can be used as it was intended. It gets way too hot in TX for all that glass and all those open walls / spaces.

I love the heavy breathing you can hear throughout the video😃

I’m sure the bugs would love the indoor/outdoor vibe!

Cute but where is the remaining 47 million dollars worth ?

Great tour as always. As for the house, as a TX native, I can confidently say that nothing about this house indicates it’s remotely worth $50 million. Lake or no lake. The house staging looked exactly like it was staged. If they are going to ask for California money, they may want to do some California mansion level staging. There was plenty they could do to warm this home up. Artwork, greenery, decor….. The staging was lazy.

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

Truly peak of market indicator. No way this build cost more than 7m. + land cost ? Should be max ~15-20m. Thanks for showing it around.

“The 10 foot by 10 foot glass panel really drives home the privacy”

We need more of texas homes Erik. Thanks for this ✨

Phenomenal compound! Love the shallow hip roof design throughout. Amazing Interior design and transom windows. Amazing shoot, Erik!

This home is impressive but it's full of architectural problems. You can see the interior of the master bedroom from the outdoor office sitting area. The privates space like bedrooms are mixed with the living and working spaces, this is bad for privacy. In a well-designed home, the rule would be to have the bedroom on one side and the living spaces on the other one. With eventually the guest spaces on a third area. Here everything seems messed. The circulation is bad, for example, the walking closets are after the bathroom so when you take your shower you have to walk to the end of the room to get your clothes on and then you have to walk all the way back through the bathroom to the bedroom to go out. You should have the bedroom next to the walking closet. With that, you would only have to walk one time through it and not twice. The living room sofa face the wrong direction, it should be either facing the left side of the home with the circulation behind it (where you currently have the TV) or facing the back of the home (where you have the bar). The materials are minimalist, everything is white, for an estate like this it's too cold, it reminds me of a hospital. The master bedroom is visible from the pool. It's ok for a guest bedroom, but the master bedroom should not be visible by your guests. Another point is the windows. Sometimes you have very small wall separation between 2 windows, giving the feeling it is fragile and breaking the flow of the view. The windows sizes seems random. Sometimes it touches the ground, sometime not, with no obvious reason, sometime it's wide but small, sometime it's divided in panels, sometimes not. There is no harmony and coherence. The ceiling beams on the guest home have no meaning, it's obvious they are only visual and not structural. You have a lot of details like this that have no meaning and that destroy all the architectural logic of the home… For 50M $ it's a bit disappointing.

Wow what an amazing house and what an amazing tour, thank you Eric ! I can't wait for that château you teased in Normandie, I know it's going to be among my top 3 favorite RU-vid videos. Keep it up we all love the work !

really liked the detail of including the floorplan by highlighting the room you were showing

Love how honest you are Erik. Yes, of course working out can create the need to use the facilities💩

As always a great job to you and your team. Well done!

I wish they could have set it closer to the lake. I'd rather have a wider lot too than a long one. going to be interesting to see how much this gets reduced and sits on the market

I'm glad you're talking more about the details.

$50m for a house in Austin just sounds insane lol. Must be a joke? Not even LA has very many homes near that price point

This is jaw-dropping, what a beautiful piece of land. Fantastic video Erik as always. Hope you're keeping well!

This is probably the largest mansion I have ever seen, everything is so perfect! If someone helps me cook, I can stay inside and never have to go out again! I really want to get to know the owner and become friends with him! You did a really great job again, thank you very much for sharing！👍😄👏

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them.

Really into these videos of homes in other states, Erik! Would love to see those coastal homes on Long Island ❤ keep it up!

Beautiful Lake Austin mansion.

Hi Eric, I stumbled across your Channel a few weeks ago and have been watching your videos ever since. Wow! love your New York videos, very inspirational.❤ I'm from Christchurch New Zealand by the way, This Compound left me cold and it felt very impersonal with no personality or warmth to make you want to live here. It reminded me of a Hotel Lobby, great to look and pass through, but not to live in. However each to their own and the price tag is insane. Who in their right mind would pay $50 Million for this! Looking forward to your next video😊

really cool to show us whats up in texas, i really like that,thank you

Awesome video very uplifting

Wow... what a property! What a great tour! About 4m in I thought I was hearing the word "here" more than usual. So I started the vid over. @erikconover did you know that you said "here" 20 times in the first 4m?! And then my OCD kicked in and I had to count the number of times over the rest of the vid. Ready for this... now, caveat... Erik used the term properly in some cases. It was unavoidable. But for the vast majority of the time, it was filler. Drumroll please... ONE HUNDRED and EIGHT times. I can't get those 25m of life back, but thought it was interesting enough to share. LOL

Such an amazing home for sure. The problem I see buying this home is its so hard to sell it. You almost have to list it for sale after you buy it to sell it ten years later.

Wow, what a huge mansion ! And also wow, new hair on Erik ! 0:33 - love the variable roofs 1:21 - sexy door 2:44 - omg, no Leds! Only bulbs ! Leds are for control lights in appliances, not for lighting places 3:35 nice smooth united fronts on those compartments 6:53 - oh finally something new for wine storage instead of wooden drawers/holders as usual 7:23 - yay corner windows/doors, the greatest achievement of modern architecture 11:00 - for 50 000 000 it sure is a good life for this cat :) 14:14 damn, a piano room ! 14:30 - love the pathwalk there, has slabs for flat surface but doesn't cover it in a solid pavement 17:47 - the balcony needs own ZIP code 20:08 - nooo , take us with you ! We're not gonna walk all that ! 22:00 - yup, huge views

Wow its Amazing homme thank you Erik ❤🌹🇩🇿

you're the only one who can keep me glued to the screen to see a house worth 50 million 😂

Wow!!!! Speechless!!!!

Thanks for the great tour. I'm torn on this one. This is a very expensive area with amazing lot size and location. $50 million can buy a lot of good designs, materials and labor though, and this one is just on part with smaller homes in the same area in terms of quality. The Frick mansion in Alpine NJ cost less than this and it definitely is much better finished. This house be more compelling at $25 million.

My old man is a really successful property developer in La Jolla, California. I worked for him for sometime during my school days, so I picked up a thing or 2 in property development, land acquisitions real estate and construction. I can’t speak for Texas on property/land values, but I’d bet anything, I wouldn’t be able find anything more than $20m in the area, if I tried… and even at a peak pricing of $20m for the neighborhood, that’d be excessive for the area and its pricing history. Whom ever is trying to sell this home at $50m, 100% used to work at an Indian call center, because I can assure this is a grossly overpriced scam.

Damn the cameraman is breathing heavy, is he alright?

It's like the 60's gone wrong. Outta control baby!!!

Maybe one of the most gorgeous home ever see in this channel: perfect inside/outside Mid Century inspired house.

This house is full of ideas that can be implemented, all about layout and design. Great video Erik

ALL I CAN HEAR IS THE CAMERA MAN BREATHING

one of the best listings iv'e seen

i like this house.. no stairs ! perfect for seniors

$50M? No way. Maybe if it sat on prime Miami real-estate, but in Austin? Maybe $13M at the most.

unless its bulletproof, glass front "door" is a big No for me

Fun tour! So amazing how a choice few people can live. FYI: Transom windows occur above doors. Clerestory windows occur in walls, near or at the ceiling. Just another know it all chiming in

this place is incredible!!!!

Nice place, probably worth 12 million.

I did some research, and, supposedly, this property costed about $13,000,000 to build. That's insane. The owner is a real estate developer and his wife is a musician. He does make beautiful properties, but $13,000,000 to build a house? And who knows how much buying the property costs.

I like the out of state videos, this is quite the compound

Imagine leaving your phone in one room and trying to remember where you left it.

that's not a guest houses, that's the guard house

This property is absolutely gorgeous! But how much will the cost of all the Windex needed be?

I am in love with this house ❤❤❤

Got to love that heavy breathing in the backround. Gives that adult film vibe.

"HVAC... nothing important" - Erik Conover 2023 also: 16:30 Peekaboo! haha

Michael Dell seem to be every rich guys neighbor. I've heard the name "Michael Dell" so many times in so many of these expensive real estate videos. "Michael Dell owns the next floor." "Michael Dell owns the land neighboring this one." "Michael Dell's house is around the corner."

This is amazing. It's like a park.

Texas knows how to do it! 🤠👍🏼

Had me at the stocked refrigerators. That should definitely bring a 5 million home up to 50 million 😂😂😂

Did anyone else hear a loud nose breathing sound?

It's is a luxurious well designed estate keep up the good work

Marvelous listing

That river is a huge security issues.

Stunning house and presentation. What's funny is. There are two gates to get to the main house, while you can just role up from the lake and walk on the property.

Amazzzzzing compound

Beautiful big house! Rudi.

The kitchen seems quite small/cramped given the size of the property. And not the best layout.

I have been waiting for this one since the announcement of the property being put up for sale. I was waiting to see either Erik Conover's or Enes Yilmazer's presentation (Also Ryan Serhant). As always, great video! #erikconover #enesyilmazer #ryanserhant

This is a Home a person buys for absolute Tranquility.

*I've seen bigger homes on Zillow for 500,000. Hell, they're selling entire churches and public BUILDINGS for $300,000 on Zillow. There's a 19-acre property in Montgomery, TX (which is literally like a 30-minute drive into the metropolis of Houston) for 2 million dollars with a sprawling mansion on the property that's currently under construction with your own personal mini-lake in the property. How the HELL is this shit worth $50,000,000? It's not like you OWN the river.*

Erik, those "transom" windows are typically labeled clerestory windows in architectural parlance. Transom windows are over doorways to allow light and air circulation into a room. Pricing seems a bit inflated to me for this property. What is the building at the top of the hill? Is that part of the property compound? Thanks for providing a tour of this property.

The ugly plot of land next door is a real eye sore. They should try to acquire it and make it match the lush green of this house.

Hi Erik, I love your work, but I really miss your travel videos! Any chance we might see some soon? :)

This is a luxury apartment complex with nice lake views. Westlake is expensive, but not 50 mil. Also, Austin is hot af so good luck with all that glass when the sun is beating down on you

Gotta complement the fade though Erik, barber did a fantastic job

This is my dream home. The landscape, indoor-outdoors flow makes wanna cry. This is literally paradise on earth 😢😢😢

Beautiful house, you have the best tours. But I have to disagree with you about the hvac not being important. To many builders skimp on the hvac and the owner will pay for it later. What is behind the walls is probably just as important as the finishes. Especially in Texas.

Could not find the listing in Austin or even in the state of Texas? Is the home a private listing but not listed on any MLS?

Do the house come with fully furnished? What is the lowest the owner wóuld accept the offer?

I could tell how big this house was by how winded the cameraman sounded by the end. Give that man a break!

This channel is a real time inspiration

That’s sick

A well made house!

Honestly, I like the quest house better than the main house.

This is wild! it may actually be worth the asking price for all that land plus what is essentially, 4 separate houses with 4 separate living spaces, that access to the lake and all the amenities, you'd still need to be *obscenely* rich with nothing better to do with your life in order to buy this place BUT its still impressive in its scale and the architecture is still beautiful

Beautiful

Looooooove it!!!!

Congratulations on being the first RU-vidr to do a house tour of this modern estate. I actually thought the owners won't allow anyone to do RU-vid house tours but here you are. I'll buy it if i win the lottery and i'll add a basketball court on it.

Erik Conover videos are instant-watch for me. Only Erik can take us from the heart of New York highrises for billionaires into the sprawling compounds in the heart of Texas with the same entertainment, charisma, and level of quality. Thanks for a fantastic video, can't wait to see more.

It's really amazing house 🏠 ❤

Amazing

love the new concept with the drone shots this is beautiful I have been following Erik’s RU-vid page since day one so happy for him 😃

Nice video- 1% of the world population can afford this

Nice.... you better have a big family or a lot of friends 💯💯💯😁😁😉

Looks like an outdoor shopping mall to me. I am not a fan of the design but impressed with being able to afford to build your dreams.

Gorgeous home! I don’t think this will sell for any more than 35 million.

okay, but those Texas summers, HVAC might be the most important feature of that house.

been watching ur channel for 2 months now and these videos are so inspirational❤

Art💎