MCKINNEY, Texas--(BUSINESS WIRE)--Mar 18, 2026--
As luxury buyers increasingly seek properties that support both lifestyle and investment opportunities, a 12,000-square-foot North Texas estate designed for luxury living, car collecting and equestrian pursuits will head to auction on Thursday, April 2, by Elite Auctions.
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The property at 2115 Paradise Ranch Trail, in the heart of North Texas, offers what Elite Auctions calls a "trifecta property," featuring luxury accommodation, personal passions space and income opportunities. The estate is currently listed at $4,495,000.
"We're seeing a fundamental shift in what luxury buyers want," said Tara McLean, co-founder and president of Elite Auctions. "Now buyers are seeking properties that offer attractive living spaces and cater to their interests—like collecting cars, making wine, or enjoying equestrian activities—as well as providing income opportunities.”
The centerpiece of the estate is a 6,200-square-foot climate-controlled showroom constructed with century-old barn timbers. Accommodating up to 20 vehicles, the space can also be adapted for wine production, an event venue or additional living quarters. A four-stall equestrian barn with pastureland creates boarding income potential.
The main residence features four ensuite bedrooms, six bathrooms, a chef's kitchen and an indoor-outdoor pool room with retractable glass walls. Built in 2008 using limestone quarried on-site, the estate sits 60 feet above its barn and pastures offering dramatic views.
Located in the gated Paradise Ranch community outside city limits, the property offers a 1.3% property tax rate and agricultural exemption on nine acres. Income possibilities include event rental, equestrian boarding, glamping operations or wine-tasting events. The property is in McKinney, ranked the No. 1 U.S. housing market for 2025, with access to Dallas, Frisco and Sherman's tech and healthcare sectors.
Auction Details
Open houses will take place Saturdays and Sundays, from 1 p.m. to 4 p.m. The auction will take place at the property, on Thursday, April 2, without reserve. Elite Auctions is managing the auction, with Holly Haven of Real Broker holding the listing.
About Elite Auctions
Elite Auctions is a premier luxury real estate and yacht auction firm, having marketed more than $1.5 billion in high-end assets since 2012. Veteran-owned and trusted by non-distressed sellers, the company offers auction marketing strategies to accelerate luxury property sales EliteAuctions.com.
A separate four-stall barn and pasture will satisfy equestrian lovers (Photo Credit: Camila Will Photography).
The luxury property features a 6,200-square-foot showroom perfect for showcasing 20+ vehicles or accommodating other personal hobbies – winemaking, entertaining, etc. (Photo Credit: Camila Will Photography).
Tuscan-inspired estate spans 10 acres and includes a car collector’s dream auto showroom, outdoor-indoor pool, panoramic views, landscaped grounds and an equestrian barn, all within 40 miles of downtown Dallas, Texas (Photo Credit: Camila Will Photography).
The World Anti-Doping Agency on Tuesday put off a decision about barring government officials from major sporting events if their countries voluntarily withhold dues, pushing a potential conflict with President Donald Trump and other U.S. officials until at least after this summer's World Cup.
The WADA executive committee met and said it would consider the new rule in September, two months after the end of the World Cup, which the U.S. is hosting along with Canada and Mexico.
If such a rule is adopted later this year, it would presumably go into effect before the Los Angeles Olympics in 2028.
The U.S. hasn't paid its dues since 2023. If that continues, the new rule could place Trump and U.S. lawmakers on a banned list for Games in their own country, though there are doubts about whether an anti-doping regulator could keep any of them from attending the Olympics.
Conflict with WADA has not been a particularly partisan issue in the U.S., which withheld the payments in 2024 and 2025 — once during Trump's presidency and once during Joe Biden's.
The U.S. has withheld $7.3 million over the two years in protest of WADA’s handling of a case involving Chinese swimmers and other issues.
WADA spokesman James Fitzgerald previously told The Associated Press the proposed rule would “not (be) applied retroactively so World Cup, LA and SLC Games would not be covered.”
However, the proposal, a copy of which was obtained by AP, did not include language to that effect and Fitzgerald did not respond to multiple emails seeking clarification about his use of the word “retroactively.”
After the meeting Tuesday, WADA director general Olivier Niggli said “the withholding of contributions by governments for political or other voluntary reasons remains a serious topic of concern for all WADA’s stakeholders.”
“Funding instability has a direct effect on the functioning and development of the World Anti-Doping Program,” Niggli said. “Ultimately, those who are most directly and most negatively impacted are athletes around the world.”
WADA started exploring the issue in 2020, around the time the U.S. began threatening to withhold money. But it says the issue of penalizing governments for not paying is not directly related to the United States.
A U.S. representative on the executive committee during the Biden administration — drug czar Rahul Gupta — led the effort to reject the proposal in 2024.
The U.S. has since lost its spot on the committee. The proposal emerged again earlier this year, and in correspondence with European decision-makers, a copy of which was obtained by AP, WADA told them such a measure could be adopted “without undue delay.”
The Europeans also asked WADA why the executive committee was taking up the issue again before a working group had finished its analysis.
A decision by the executive committee would have to be ratified by the WADA foundation board. Its next meeting is in November, though in the February letter to the Europeans, WADA said that board could meet sooner.
AP sports: https://apnews.com/hub/sports
FILE - President Donald Trump stands on stage next to the FIFA World Cup after receiving the FIFA Peace Prize during the draw for the 2026 soccer World Cup at the Kennedy Center in Washington, Dec. 5, 2025. (AP Photo/Jacquelyn Martin, File)
