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Terrell Owens

Takes $56k Hit

in Dallas Real Estate Deal

11/13/2011 6:00 AM PST BY TMZ STAFF

terrell owens crying
Terrell Owens just got his ass kicked in a real estate deal -- taking a $56k loss on a condo in Dallas ... TMZ has learned.

According to public documents, Owens paid $340,000 for the 2,600 square foot place back in 2006, right after he signed a $25 million contract with the Cowboys.

Owens no longer works in Dallas ... and probably won't ever work in Dallas again ... so he put the place up for sale.

Problem is, the real estate market still sucks ... and T.O. had to settle for $283,447 when he sold the place earlier this year ... a loss to the tune of $56,513.

It's just another hit for Owens, who's been trying to get his child support payments lowered since he has no NFL job and claims he makes absolutely no money.

For more sports stories, check out tmzsports.com!
20 COMMENTS

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16.

nof    

Just another case of TMZ trying to assassinate someone not liked or perceived favorably by TMZ.

-Much credit to the other posters who have pointed this out.

973 days ago
17.

stan    

A man that has a reputation of not paying child support and taking care of his kids, don't deserve to be in the NFL.. Most people can live off 280,000 for atleast 5-6 years. He got more than enough from the sell of the condo to pay for his children. Point is, he made millions. Instead of buying multi-million dollar houses he should of put that money in the bank. I have no sympathy for him and other Professional players

973 days ago
18.

David Harden    

to all of you that makes neg comments about Owens being a real man...to Baby Mama #1 he has already paid her 2.5 million in Child support alone based on the figures for an 11 year old child. Could any of you Owen bashers do that? Have you spent 2.5m on your children? doubt it. He may be dumb to have 4 children with 4 different women but calling him a dead beat is going a little to far. He has paid a lot of money for and to his kids! I doubt those baby mamas save any of that money.

964 days ago
Previous 15 Comments | 1 | 2

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