Armstrong sells estate , Lance Armstrong, the disgraced cyclist has sold his Central Austin Estate to Al Koehler, an oil and gas rights agent. But, Lance Armstrong still likes to be in Austin. According to the sources, a deed of trust filled by the buyer of the estate, Al Koehler, showed that Al Koehler took out a loan for $3.1 Million to purchase the property. However, the local real estate agents say that the product was listed for $10 million. But, the property was listed on the Travis Country Tax Roll for $3.9 Million in 2012. Lance Armstrong had brought the estate way back in 2004. The estate spreads out in an area of 1.7 acres near Camp Mabry. Lance Armstrong has not yet given any news about this deal. But Mark Higgins, an Armstrong spokesman has confirmed the deal. But he refused to provide further details about it. The buyer of the estate, Al Koehler, is a 49 year old resident of Austin. He is the founder of Royalty Clearinghouse, which deals with the purchasing of Oil and Gas