Tony Parker’s 53-acre Texas estate once asked for $20 million, but the former Spurs star’s mansion that includes a private water park is now listed for $11 million.

Former San Antonio Spurs legend Tony Parker’s stunning Texas mansion has received another major price cut, nearly five years after he first hit the luxury real estate market.

According to a report by L MySAthe 53-acre property near Boerne, Texas, is now listed at $11 million, down from the previous peak asking price of $20 million. Despite containing one of the country’s most extravagant private residential water parks and an array of luxury amenities, the sprawling property has yet to find a buyer.

A popular property designed for luxury and entertainment

Located within the exclusive Anaqua Springs Ranch community, Parker’s Mediterranean-style mansion was designed to scale.

According to various reports, the property sits on 53 acres and offers six bedrooms, nine bathrooms and expansive indoor and outdoor living spaces that combine luxury and entertainment.The property’s biggest draw is undoubtedly its massive private residential water park. The listing describes it as the largest private residential water park in Texas. Designed with the help of a professional associated with Six Flags Fiesta Texas, the water park includes multiple pools, towering slides, waterfalls, caves, 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 includes a full-size indoor basketball court, a professional gym, an arcade, a weight room, tennis and volleyball courts, a wine cellar, and several outdoor entertainment areas. The amenities reflect Parker’s career as one of the NBA’s most successful point guards and his passion for the sport and hosting guests.

Why did the palace remain unsold?

Although celebrity homes often attract significant interest, extremely luxurious properties can take years to sell because they attract a limited pool of buyers.

Parker Mansion first hit the market in 2021 and has seen several price adjustments since then.The property gained renewed interest in 2025 when celebrity realtor Erwin Nicholas II teamed up with Twitch streamer Kai Cenat and the AMP group for the viral “30 Days of Summer” livestream. For an entire month, the creators lived and broadcast from the palace introducing millions of viewers to the luxurious property.

The campaign generated tremendous publicity and contributed to the home’s asking price rising to $20 million during that period.Despite the publicity, the property remained unsold. As demand dwindled, the price dropped several times to reach the current price of $11 million, which is roughly half of what the sellers planned to get. Highly customized luxury properties often attract a smaller pool of buyers and can involve higher maintenance and operating costs.

An iconic Texas mansion is still searching for its next owner

And while the asking price has dropped significantly, Parker’s former home remains one of the most exclusive luxury properties in Texas. The combination of expansive grounds, resort-style facilities and sports facilities makes it different from most properties currently available on the market.Parker, who won four NBA championships with the San Antonio Spurs and spent most of his career in Texas. The estate served as Parker’s home in Texas during most of his time with the Spurs.

Over time, the mansion has become just as well known as its previous owner, often making headlines for its exceptional design and lavish entertainment features.Whether the recent reduction to $11 million will eventually lead to a sale remains uncertain. However, the significant price reduction may make the property more attractive to wealthy buyers looking for a unique property that offers privacy, luxury and entertainment on an exceptional scale. Despite being on the market for many years, Tony Parker’s Boerne mansion remains one of the most discussed celebrity homes in America.

It just goes to show that there are times when very special mansions may need some extraordinary effort to find their owner.