Tina Knowles Finally Sells Huge Texas Mansion...

Tina Jean tried to sell her 8,885 sq ft mansion last year for $3.5 milli, but there were no takers... instead, she did the smart thing in this economy and realized that some money, is better than no money on any given Sunday - and with that logic, Tina Louise was able to unload her clunky house at a $500K loss - but when you're Beyonce's mama what's a measly $500 G's?

I for one think this house looks cold and not very "homey"... I swear, it looks like a nursing home turned house, but don't let my hating leave you believing that I wouldn't take 1/4 of this house because I'd move in in a New Yawk minute, you hear me?

She finally sold it this summer ... but for a whole lot less than she planned, accepting an offer of $2,962,500.

The house is a steal for the new owner -- it has 5 bedrooms, 5 baths, sits on 2.6 acres