Armstrong purchases former lieutenant governor’s home

Lance Armstrong is flipping high-dollar real estate.

In late May, the former cyclist purchased the Central Austin home owned by Ben Barnes, the political consultant and former Texas lieutenant governor.

A deed filed May 29 with the Travis County Clerk’s office showed the purchase, but it did not list a price. The home is on the Travis County tax rolls for $2.7 million. It’s 7,200 square feet and was built in 1924.

Six days before he bought Barnes’ home, Armstrong sold an estate on the shores of Lake Austin to Austin’s Bret Curtis, one of the founders of United Steel Supply and also a race car driver. The home was on the county tax rolls for $4.3 million.

Armstrong only owned that house for six weeks.

In April, he sold his long-time home near Camp Mabry for an undisclosed price. The Spanish-style villa was once featured in Architectural Digest.

Armstrong, who is spending the summer in Colorado, declined comment Wednesday. Barnes did respond to a request for comment.

Armstrong is facing the possible loss of millions of dollars because of a whistle-blower lawsuit filed by former teammate Floyd Landis and joined by the federal government. The suit alleges that Armstrong, by taking performance enhancers to win the Tour de France, defrauded U.S. Postal when it was sponsoring his cycling teams.

The Postal service invested $30 million from 2002-04 to be the title sponsor of the cycling team. The government can seek triple damages.

Shonda Novak contributed to this report.

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