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Lance Armstrong sells his Austin estate

Updated: April 11, 2013, 12:40 AM ET
Associated Press

AUSTIN, Texas -- Disgraced cyclist Lance Armstrong has sold his Austin estate to an oil-and-gas rights agent.

The Austin American-Statesman (http://bit.ly/14d3Ric) reports a deed of trust filed with Travis County last week showed Al Koehler obtained a $3.1 million loan to buy the property, Armstrong's home since 2004.

Although county tax rolls listed the 1.7-acre property's value at $3.9 million, local real estate agents say the house was listed at $10 million. However, in an email ...

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