Elon Musk‘s unassuming $50,000 Texas home can be revealed for the first time by DailyMail.com – complete with a rocket-shaped kids’ playhouse, Tesla solar panels and CCTV cameras hidden in palm trees.

The world’s richest man and new Twitter owner has sold seven Californian mansions in the past two years after vowing to offload his property portfolio and most of his possessions.

He’s also denied claims he secretly lives at a friend’s $12million mansion in Austin – insisting: ‘My primary home is literally a $50k house in Boca Chica/Starbase that I rent from SpaceX … it’s kinda awesome though.’

Boca Chica was a tranquil retirement village before SpaceX set up shop there in 2014, buying up the majority of the properties and launching giant rockets from its beach-front test facility two miles away.

Texas, last week to locate Musk’s supposedly Spartan digs and figure out if the Tesla mogul – worth an estimated $219billion – actually lives there.

Neighbors told us the 50-year-old does indeed reside in Boca Chica just two miles from the Mexican border – at least some of the time – in a three-bed, ranch-style home a block away from his space firm’s Starbase production facility.

County records confirm SpaceX snapped up the single-story, waterfront property in October 2019 along with the adjacent empty lot and standalone garage.

Musk also listed it as his residence when he registered to vote for the 2020 General Election.

‘You know Elon Musk is coming because you see the SpaceX people picking up trash and sprucing the place up,’ neighbor Jim Crawford, 76, told DailyMail.com.

‘He’s never alone, he always has his bodyguards with him. He normally arrives late at night, he goes straight inside and rarely comes out.

‘He waved one time but he’s never invited us over or said hello. You don’t go and knock on his door because the bodyguards would be out in a heartbeat.’

Locals refer to the 1,580-square-foot pad as ‘the compound’ because in 2021 an imposing 8ft fence was built around the entire property.

Musk – who last month agreed to pay around $44billion for Twitter – has whitewashed the walls, planted new trees and covered the entire roof in high-tech Tesla-made solar roof tiles.

His security entourage lives next door and the 1970s property is guarded with a dozen or so cameras, several nestling high above the street in the tops of palm trees.

The three-time divorcee, who recently had his seventh and eighth children with on-off partner Grimes, has also built a custom-made playhouse and swing in the back yard that closely resembles a SpaceX rocket.

‘They have a patio and chairs out there also. I saw him one time with two ladies and a small child, I presume that was his young son,’ said Jim, one of the so-called ‘holdouts’ who have thus far refused to sell up to SpaceX.

‘I don’t like rockets and I’m a little too old to be thinking about going to Mars,’ he added. ‘I’m more concerned with the things SpaceX are doing here on earth.

‘This year we’ve only had a handful of migrating birds because of the noise and the lights from the construction.’

Unlike previous owners Richard and Patricia Heaton, Musk won’t have to contend with spotty internet since his house is equipped with an antenna for Starlink, his satellite Wi-Fi company.

But he will have to drive 20 miles to the nearest supermarket and have his drinking water trucked in by Cameron County once a week until SpaceX builds its proposed desalination plant.

It’s rumored the company spent around $200,000 on the property – more than three times the $62,334 value put on it last year by county tax assessors.

‘We were very satisfied with the offer we received. It truly was quite generous,’ Richard, 75, told DailyMail.com.

‘I’ve seen the fence he’s put up but you can understand why privacy is a huge deal with this guy. I sincerely hope that whoever is living there now enjoys it as much as we did.’

Musk, who has long dreamed of creating a home for humans on Mars, declared in May 2020 that he was downsizing his own living arrangements, tweeting: ‘I am selling almost all physical possessions. Will own no house’.

Between June of that year and November 2021 he sold off seven California mansions for roughly $127million, according to the Wall Street Journal.

Musk further claimed in a recent TED interview that he couch surfs with friends depending on which city he needs to be in.

He has also dismissed a report in the Journal claiming that he secretly resides in a plush lakefront mansion in Austin owned by his PayPal co-founder and fellow billionaire, Ken Howery, tweeting: ‘I don’t live there and am not looking to buy a house anywhere.’

Howery issued a similar denial, adding: ‘Elon does not live at my home, he lives in South Texas. He stayed at the house as my guest occasionally when travelling to Austin.’

Musk’s ‘legal’ residence is in fact 170 miles south of Austin, where Tesla is based, in Brownsville.

It’s a mere 50-minute flight in the pricey possession he refuses to relinquish, his $70million Gulfstream private jet.

A chauffeur-driven Tesla is usually waiting on the tarmac to pick Musk up at the city’s airfield to whisk the magnate to Boca Chica, a 30-minute drive along a narrow spit of land running parallel with the Rio Grande and the Mexican border.

Musk remains a polarizing figure for the last few ‘holdouts’ in Boca Chica, however – including Trump-supporter and retired finance chief Rosemarie Workman, 74.

She’s thrilled the self-proclaimed ‘free speech absolutist’ has vowed to make Twitter less hostile to conservatives but hates what SpaceX has done to her retirement oasis.

‘The term holdout is offensive – we were here first,’ bristled Rosemarie, who has owned the house opposite Musk for the past 20 years and splits her time between Texas and her native Minnesota.

Until SpaceX set up operations in Boca Chica, the coastal idyll of 35 homes spread along a single street was known for its abundant wildlife, lush wetlands and unspoiled, golden beach.

The company supposedly offered residents three times the going rate for their homes but some complained that it undervalued the properties to start with and barely offered them the true value.

Nevertheless, SpaceX now owns all but nine of the houses, painting everything it acquires in the same whitewashed, futuristic color scheme and turning the buildings into accommodation blocks for employees.

‘This used to be such a peaceful area. We knew all the neighbors, once a week we had game night and we filled two tables. Now we see new faces every week,’ Rosemarie lamented.

‘Musk put a big fence around his house and completely ruined everyone’s views of the bay. But what can we do about it? He’s a billionaire.

‘I came here for one reason, retirement. If he’s the richest man in the world, surely he could have made a fair offer.’

Today the neighborhood is teeming with construction workers as well as scores of space travel fanatics who flock to Boca Chica to take pics of Musk’s gargantuan rockets.

SpaceX employees live in a fleet of trendy Airstream caravans and security officers zip around the site in SpaceX branded Teslas kitted out with police-style flashing lights.

Rosemarie and her husband Jim suspect Musk’s interplanetary mission will eventually outgrow the village and he’ll turn it into a space-themed resort instead.

‘People are constantly coming here from all over the world. We call them the space nuts,’ she laughed.

‘One of them came over to us and offered to buy the house. We’ve had two offers this month.

‘It’s easy, we say, the price starts at a million. We never hear back.’