A massive Texas mansion built in the 1930s is about to hit the market.

Known as "Walnut Place," the Swiss-designed mansion is one of Dallas' largest estates.

The gorgeous home was originally commissioned and owned by a wealthy Italian family but has since changed owners several times, with many of the buyers paying around $100 million for the property.

MORE REAL ESTATE: Stunning Richmond house under foreclosure at nearly $700,000

Now Playing:

If you have a spare $39,000,000 dollars to spend, you could purchase the mansion that used to belong to Michael Jackson. Keri Lumm (@thekerilumm) reports.

Media: Buzz 60

Now, the sprawling mansion will change hands once again after bidding opens on Dec. 19.

You can read more details about the home's historic backstory here.

See photos of the $100 million mansion above.