The Smoking Gun has the scuttlebutt on the president’s new $2 million home in Dallas. Should he need to borrow a cup of sugar, Bush can call on billionaire neighbor Tom Hicks, who succeeded him as owner of the Texas Rangers.
The property was purchased for $2.07 million in early-October by Robert McCleskey, the president’s accountant, who is listed as trustee on deed records. Built in 1959, the home has been improved with a detached garage (1150 square feet), servants quarters (896 square feet), and a storage building (240 square feet). While the Bush property certainly appears comfortable, it is dwarfed by the 20-acre estate it abuts. That sprawling property (seen here) is owned by billionaire investor Tom Hicks, who, in 1998, purchased the Texas Rangers from a partnership in which Bush held a stake (the deal netted the future president about $15 million).