After almost four years on the market, famous Texas businessman L.D. “Brink” Brinkman’s Hill Country mansion was sold at auction for about 20 percent above its $3.8 million listing price.
The gain was even bigger based on its initial price of $1.7 million on Concierge Auctions’ site on March 14. After 36 days, the property is now pending sale for $4.6 million.
The Sidney Baker Street estate, which sits atop a hill overlooking the town of Kerrville, had been on and off the market since 2018. The seller, Kathleen Sparrow Brinkman, Brink’s seventh wife, was represented by listing agent Rick Kuper of Kuper Sotheby’s International Realty, who coordinated with Concierge on the auction sale.
“We had a complex and unusual property, but the Concierge team saw the potential and got us the exposure we needed to find our buyer,” said Sparrow Brinkman in Concierge’s press release.
The property is on 14 acres, anchored by a historic Renaissance Revival mansion with an adjacent annex building, totalling 13,901 square feet of indoor space.
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The original 10,800-square-foot home, named Tulahteka, was built in 1920. It was later restored and developed by Brink in the 1980s as the Texas businessman was becoming a local legend as a cattle breeder and flooring industry mogul. He was also an original investor in Home Depot and co-founder of Mr. Gatti’s Pizza.
The annex building added by Brink features a workout facility with locker rooms, sauna, massage room and a hot tub, according to the listing. It also includes multiple conference rooms, plus an art and wine vault. And if the two-car garage isn’t enough, the property also comes with a helicopter pad.
The estate served as the headquarters for Brink’s flooring and pizza empire as well as his personal museum of western art until he died of a stroke in 2015. Upon his death, a legal battle erupted between Kathleen Sparrow Brinkman and Brink’s children from earlier marriages, L.D. “Don” Brinkman Jr. and Pamela Brinkman Stone.