Armstrong Downsizes to $2.7 Million Austin Home

Disgraced cyclist Lance Armstrong has downsized his home in Austin, according to the Austin American-Statesman.

The Statesman reports Armstrong has purchased an Austin home owned by former Lt. Gov. Ben Barnes.

A deed filed May 29 does not list a price. The 7,200-square-foot home is on the Travis County tax rolls for $2.7 million.

Armstrong declined comment Wednesday.

The seven-time Tour de France winner has publicly admitted doping, been stripped of the titles and lost a number of sponsors.

Armstrong in early April sold his nearly 7,900-square-foot Spanish-style villa to oil-and-gas rights agent Al Koehler. Terms weren't disclosed.

Armstrong days later bought a bigger spread along Lake Austin, but by early May sold the property to businessman and race car driver Bret Curtis. That home was on the tax rolls for $4.3 million.

Copyright AP - Associated Press
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