Quote:
Originally Posted by royiv
Check again. UT sold it several years ago. It's the private residence of Jeff Sandefer and he has no intention of selling. He put a ton of money into renovating it. I'm not sure why our legislators are wasting time on this.
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"Check again?"
Well, yes...I am man enough to admit that I was incorrect in assuming that the University still owned the property. However, Jeff Sandefer never owned Woodlawn (aka Pease Mansion), privately. The current owner is Woodlawn-Pease, LLC, who purchased the property from the University of Texas (Deed date: January 15, 2003).
Unless he is a partner in Woodlawn-Pease, he has no ties to the property. Additionally, from what I understand, The University actually contacted him after negotiations failed, in 2002, with the winning bidder. Furthermore, it has been purported that he was frustrated by the restrictions and restoration requirements imposed by Austin's Historic Landmark Commission and the overall increase in costs this may cause in restoring the residence.
Also, I don't think he could claim this property as his homestead if it's owned by an entity other than himself, personally.