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 and the site of the Oprah Winfrey interview where he admitted his use of performance-enhancing drugs.
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 to the American-Statesman, Koehler says he paid nothing close to the listed value.
Koehler is a founder of Royalty Clearinghouse, which buys oil and gas royalties and mineral rights on behalf of clients.
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