Dallas is a jewel but its residents don't care much for old homes. Here's a beautiful one that's about to be bulldozed. Probably, there's no way to fit a proper media room into the existing floorplan -- and in that case, I mean really, what choice is there?
But why didn't a preservation-minded individual step forward to buy the property? If it's so architecturally significant, wouldn't that have been a selling point? If you had $4 million to spend on a home, would you tolerate people telling you what you could or could not do to it?