In the wake of a significant contract extension, University of Texas football coach Steve Sarkisian finds himself in a position to broaden his horizons, potentially expanding his search for a new residence. Having achieved notable success, including leading the Longhorns to the Big 12 championship and a College Football Playoff appearance, Sarkisian’s four-year contract extension adds a new dimension to his lifestyle.
Real Estate Update
In 2022, Sarkisian listed his Rollingwood residence for $7.5 million, subsequently reducing the price to $5.88 million. The recent contract extension undoubtedly impacts his financial landscape, potentially influencing his housing choices.
Contract Extension Highlights
Sarkisian’s coaching prowess, evident in the team’s achievements, prompted the University to award him a four-year contract extension. While the specific terms are pending approval by the school’s Board of Regents, it is anticipated that the new deal could elevate Sarkisian’s annual earnings beyond the nearly $6 million he received in 2023.
Financial Flexibility
With a potential income exceeding $10 million annually, Sarkisian now has the means to explore residences that align with his evolving preferences. The prospect of a larger contract opens up possibilities for the coach, allowing him to consider homes that offer enhanced features and amenities.
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Property Details
The current residence, built in 2014 and updated in 2021, boasts six bedrooms and spans 5,331 square feet. The property includes 5.5 bathrooms, a pool, spa, fire pit, and a putting green—an ideal blend of luxury and recreation.
House Hunting Evolution
Sarkisian, alongside his wife Loreal Sarkisian, is in a position to make a thoughtful decision about their next home. According to TC McClenning, a spokesperson for Coldwell Banker, the real estate agency handling the listing, the couple can now focus on finding a property that better suits their preferences and lifestyle.
In a statement regarding his contract extension, Sarkisian expressed his enthusiasm for being the head coach at the University of Texas, emphasizing the significance of the position as a dream job and destination role. As Sarkisian embarks on this new chapter, the anticipation surrounding his potential housing upgrade adds another layer to the ongoing narrative of his tenure with the Texas Longhorns.
