The spectacular Texas mansion of former San Antonio Spurs legend Tony Parker has received another dramatic price cut, nearly five years after it first hit the luxury real estate market. According to a report by mysaThe 53-acre estate near Boerne, Texas is now listed for $11 million, down from its previous highest asking price of $20 million. Despite being one of the most extraordinary private residential water parks in the country and featuring a host of luxury amenities, the huge property is yet to find a buyer.
A celebrity property built for luxury and entertainment
Tony Parker’s 53-acre Texas estate (Image credit: Instagram/@barlowedalyrealty)
Located within the exclusive Anaqua Springs Ranch community, Parker’s Mediterranean-style mansion is designed on a grand scale. According to various reports, the property is spread over 53 acres and offers six bedrooms, nine bathrooms and spacious indoor and outdoor living spaces that combine luxury with entertaining.The biggest attraction of the property is undoubtedly its huge private residential water park. The list describes it as the largest private residential water park in Texas. Designed with input from a professional involved with Six Flags Fiesta Texas, the water park includes multiple swimming pools, giant slides, waterfalls, grottoes, a lazy river, water cannons and dramatic rock formations, giving the property the feel of a luxury resort rather than a private residence.In addition to the water attractions, the mansion also features a full-size indoor basketball court, a professional gym, an arcade, a weight room, tennis and volleyball courts, a wine cellar, and several outdoor recreation areas. The features reflect Parker’s career as one of the NBA’s most successful point guards and his passion for the game and hosting guests.
Why did the mansion remain unsold?
Closeup of Texas estate (Image credit: Instagram/@barlowedalyrealty)
Although celebrity homes often attract considerable interest, ultra-luxury properties can take years to sell because they attract a limited group of buyers. Parker’s Mansion first hit the market in 2021 and has experienced several price adjustments since then.The property gained renewed attention in 2025 when celebrity realtor Irwin Nicholas II partnered with Twitch streamer Kai Sennett and AMP Collective for a viral “30 Days of Summer” livestream. For an entire month, producers stayed in the mansion and streamed to introduce millions of viewers to the lavish estate. The campaign generated tremendous publicity and even contributed to the home’s asking price increasing by $20 million during that period.Despite the publicity, the property remained unsold. As demand waned, the price dropped several fold to the current price tag of $11 million, which is about half of what the sellers planned to achieve. Highly customized luxury properties often attract a small group of buyers and may involve high maintenance and operating costs.
An iconic Texas mansion is still looking for its next owner
The basketball court and waterfalls add to the allure of the property (Image credit: Instagram/@barlowedalyrealty)
While the asking price has dropped significantly, Parker’s former home remains one of the most exclusive luxury properties in Texas. The combination of huge acreage, resort-style amenities and sports facilities makes it different from most of the properties currently available in the market.Parker, who won four NBA championships with the San Antonio Spurs and spent most of his professional career in Texas. The property served as Parker’s Texas home during most of his time with the Spurs. Over time, the mansion has become almost as recognizable as its former owner, often making headlines for its extravagant design and lavish recreational facilities.It remains uncertain whether the latest $11 million cut will ultimately result in a sale. However, significant price reductions may make the property more attractive to affluent buyers looking for a unique property that offers privacy, luxury and entertainment on an extraordinary scale. Despite being on the market for several years, Tony Parker’s Boerne mansion remains one of the most talked-about celebrity homes in America. It just goes to show that there are times when even very special mansions may require some extraordinary effort to find their owner.