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Lance Armstrong sells luxury Austin home for $3.1 million
AUSTIN, Texas, April 11 () -- Disgraced cycling champion Lance Armstrong has sold his home in Austin for $3.1 million,[url=http://www.ksacinc.com/christianlouboutindiscount]christian louboutin discount[/url], but plans to remain in the central Texas city, officials say.Local real estate agents said the house at one time had been listed for $10 million, the Austin American-Statesman reported.The home,[url=http://www.ksacinc.com/cheapgucci/?]gucci outlet online[/url], which Armstrong purchased in 2004, was appraised on the 2012 county tax rolls at $3.9 million.Armstrong plans to stay in Austin, a spokesman said.Al Koehler, 49, founder of a company that buys oil and gas royalties and mineral rights, purchased the 7,850-square-foot home and 1.7 acres of property.Armstrong spent two years renovating the Spanish-style property. His office had a fireplace and leather-covered floors and a master suite featured a stainless steel fireplace. In 2008, the home was featured in Architectural Digest magazine.