Hoy overtook rower Steve Redgrave as Britain's most successful Olympian at last year's Games in London, when he claimed gold medals in the team sprint and the keirin.
The Austin American-Statesman described the home as being located in an exclusive sub-division. The newspaper did not reveal the purchase price but Austin real estate agents said it was valued at about $4.3 million.
Disgraced cyclist Lance Armstrong has sold his Austin estate to an oil-and-gas rights agent.
SCA Promotions sued Armstrong and his manager Bill Stapleton in state district court in Dallas in February, claiming Armstrong committed fraud by using performance-enhancing drugs to win the Tour seven times.
A professional rider from 1986 through 2002, Rolf Soerensen won the Liege-Bastogne-Liege race in 1993 and the Tour of Flanders in 1997.
One of the women cyclists who was forced to carry the medal trays included track event podium finisher Manorama Devi, who had won a silver medal in Keirin race.
Both Manorama and Deborah (in pic) were in contention in the eight-lap long Keirin race, but it was Manorama who mesmerised the Indian fans at the IG stadium's velodrome with her a resolute run in the last 50 metres.
UCI President Pat McQuaid said they were keen to tap a big India market but the country would have to convince the world body that it can put the facilities to their best use for getting the hosting rights for Asian Cup and World Cup.
Despite an imperfect start at the release point in her first attempt, Deborah quickly gained momentum much to the cheer of handful of supporters present at the Velodrome.
Asian Cycling Confederation chief Hee Wok Cho is unhappy with maintenance of the velodrome, the venue which is due to host Hero Asian Cycling Championships
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