Inside Patrick Mahomes $8m real estate empire: Patrick Mahomes is quietly building a multimillion-dollar real estate empire

Patrick Mahomes is already landed his third Super Bowl in the last four years. And if that isn’t any indication of what a winner is, then look no further than the real estate portfolio he has amassed in a span of a few years.

Currently worth a combined $8 million, the 27-year-old Kansas City Chiefs quarterback has purchased four different properties. Two are homes in Missouri, one a vacant plot in the state that he turned into an epic mansion with every amenity imaginable, and another — an ultra-luxe mansion in Texas.

But there is no denying that this is just the start of his real estate investments if he keeps up this pace. And he has plenty of funds to do it. In December 2017, Mahomes purchased his first home — a two-bedroom, three-bathroom condo in Kansas City, for which he paid $125,000 less than the initial asking price.

Originally listed for $475,000, Mahomes was able to buy the 1,800-square-foot pad for $350,000. It is estimated to be worth about half a million today. Mahomes briefly listed the property for sale in 2019, but later removed it.

Pegged as the “nicest condo in the building for the best price,” it’s the only unit to have a top roof deck and a two-car garage. Features include granite countertops in the kitchen, California closets in the bedrooms, and woodburning fireplaces in the living room and primary bedroom.

The main living space also boasts high ceilings and a wet bar. Jodi Steinberg with ReeceNichols Real Estate held the listing. In January 2019, Mahomes shelled out $1.8 million for a three-bedroom, four-bathroom mansion in Kansas City. He has used this as his main home until he completes construction on a new house that is situated on eight acres of land.

Spanning over 4,300 square feet, the property is situated on 1.4 acres of land. Described as a “contemporary ranch,” features of the home include tall ceilings, a chef’s kitchen that opens out to the family room, and an office and exercise room. The primary bedroom occupies 1,250 square feet alone.

Outdoor features include a pool, a hot tub, a rose garden and a screened porch. Mahomes scored a big deal with a four-bedroom, seven-bathroom mansion in Texas, which he purchased from the estate of the late Andrew Gissinger III — a former professional football player for the San Diego Chargers, and who became the president and Chief Operating Officer of Countrywide Home Loans. Gissinger also managed a private equity company.

It was initially listed for $4.26 million, but Mahomes was able to pay $3.37 million for it in March 2020 — $890,000 less than the ask. Mahomes lives in this home during the off-season. The quarterback, who led his team to five consecutive AFC Championship Games, was born and raised in Texas, and played football and baseball at Texas Tech University.