DALLAS – A month after leaving the White House, former President George W. Bush and his wife, Laura, moved into their new Dallas home Friday.
Bush’s motorcade drove past a security barricade in the late afternoon, bringing the former first couple to their new residence: a 1959 ranch-style brick home that sits at the top of a quiet cul-de-sac in a wealthy Dallas neighborhood.
The couple’s new home has about 8,500 square feet, four bedrooms, four-and-a-half bathrooms and a wet bar. Local property records indicate the home on Daria Place is worth about $2.1 million.
The Dallas City Council last month approved installation of a security gate that will eventually block access to the street. There are about half a dozen homes on the cul-de-sac.
Dallas police and Secret Service agents have set up a barricade in recent days limiting access to the neighborhood. They have even turned away delivery vans; packages must be dropped off with security personnel, who hand-deliver them.
The home is in the Preston Hollow area of Dallas, home to some of Texas’ wealthiest residents and most expensive homes.
Bush, the former managing partner of the Texas Rangers in suburban Arlington, will count among his neighbors Tom Hicks, the baseball team’s current owner. Hicks owns a 29,000-square-foot mansion and large property adjacent to the cul-de-sac, according to property records.
Other neighborhood homeowners include Mark Cuban, who owns the Dallas Mavericks basketball team, billionaire businessman T. Boone Pickens, Republican donor Harold Simmons and recently retired Exxon Mobil CEO Lee R. Raymond.
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.