The Genco Pura Olive Oil Company is moving to Texas!
Posted on 08/20/2024 7:02:11 AM PDT by Morgana
The 24-acre Texas parsonage of televangelist I.V. Hilliard has been listed for a staggering $15 million.
As reported in the Christian Post, the Spring, Texas, property owned by New Light Church in Houston is listed on realtor.com. The estate, with six houses and 22 garage spaces, was used “by Hilliard as a parsonage, meaning that he has not had to pay any property taxes on it,” the listing notes.
It adds that in 2021, an attorney for the church told the Houston Chronicle that the property’s primary use was as a “minister’s retreat and conference center,” which made it eligible for tax breaks.
The suburban compound was appraised at $7,966,887 in 2023, according to The Christian Post. By using the parsonage tax exemption, Hilliard and the other residents avoided paying an estimated $152,168 in property taxes.
“Everything is bigger in Texas—and we’re not just talking about monster-size hail or those 10-gallon hats,” the property’s listing states.
The home “kicks off with an entryway that wouldn’t be out of place in Vegas,” and boasts “a lake stocked with trophy bass.” It also includes “a resort style pool with cabanas, pool, volleyball court, tennis court, fitness-centered office complex.”
The property includes 30 bedrooms, 31 baths and five half baths, two wet bars, a home theater, a banquet hall, a hair salon, a commercial kitchen and an office complex with a fitness center.
The 25-year-old house was originally listed on the market on Oct. 31, 2023, for $12,789,500. The price dropped to $11.9 million six months later. But in June, the sellers increased the price to $13.8 million. In July, the sellers removed the house from the real estate market.
Four days later the house was relisted with a staggering $15 million price tag.
Two of Hilliard’s daughters live across the street from the compound, said Barry Bowen, an investigator with The Trinity Foundation, a watchdog ministry founded in 1972.
Hilliard’s daughter, Irishea Hilliard, is now the senior pastor of New Light Church and lives near the multimillion compound, he said. Her home has a market value of more than $4.7 million, Bowen said, referring to the Harris County Appraisal District website.
Tina Hilliard Egans’ home, which is next door, has a market value of $4.15 million, Bowen added.
The real estate listing suggests the property could serve as a “family compound, a small hotel, or an event space for weddings and reunions” or a bed and breakfast.
Ain't never been there, they tell me it's nice
I live in hotels, tear out the walls
I have accountants pay for it all
With such false preachers, no wonder the GOP has won the popular Presidential vote only once in the past 32 years.
My Maserati does 185
I lost my license, now I don’t drive
Seems like preaching is more lucrative than even politics, and no one can say you’re corrupt.
biden sure has done good for himself.
The Genco Pura Olive Oil Company is moving to Texas!
Ever dreamed of owning your own family compound or neighborhood?
A massive estate, with your kids right next door
A big tax break, while living in splendor
Jesus is profitable
A rich Muslim should buy it and see how long the other family members living next door stick around..
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