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Texas parsonage listed at $15M: The extravagant estate of I.V. Hilliard

The 24-acre Texas parsonage, located in Spring, Texas, owned by televangelist I.V. Hilliard, has been listed for an eye-popping $15 million. This sprawling estate, owned by New Light Church in Houston, was utilized as a parsonage, which allowed Hilliard to avoid paying property taxes, a point noted by the listing on realtor.com.

The property includes six houses and 22 garage spaces, making it a significant asset. The primary function of this estate, as stated by an attorney for the church in 2021, was a “minister’s retreat and conference center,” making it eligible for tax exemptions. The estate was appraised at nearly $8 million in 2023, and the parsonage tax exemption helped avoid $152,168 in property taxes.

Unique Features and Amenities

The estate features 30 bedrooms, 31 bathrooms, and a range of luxurious amenities, including a lake stocked with trophy bass, a resort-style pool, a tennis court, and a commercial kitchen. The property also boasts a home theater, banquet hall, and an office complex with a fitness center. Originally listed at $12.79 million in October 2023, the price was adjusted several times before settling at $15 million in July.

Community and Potential Uses

Two of Hilliard’s daughters reside near the property, with one, Irishea Hilliard, serving as the senior pastor of New Light Church. The real estate listing suggests the property could be repurposed as a family compound, small hotel, event space, or bed and breakfast, highlighting its versatility and potential for various uses.


Source:

Televangelist I.V. Hilliard’s ‘Parsonage’ Listed for Staggering $15 Million

Image: Realtor.com

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