$3.8 Million for unpopulated 1-house Texas town

[underpants]

Unpopulated, 1-house Texas town 'sold'

http://news.yahoo.com/s/ap/20071124/ap_on_fe_st/odd_town_for_sale

SAN ANTONIO - Someone in Italy placed the winning bid of $3.8 million on Friday for an unpopulated, one-house Texas town auctioned online.
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No one lives permanently in the 13-acre town of Albert, about 60 miles north of San Antonio, but the tavern created from the frame of the old general store is open on weekends.

The town also includes a pavilion, an 85-year-old dance hall, a tractor shed, a three-bedroom house, plus peach and pecan orchards.

The reserve price for the town was $2.5 million. Even if the deal doesn't go through, Cave said he has about five other prospective buyers genuinely interested in the town.

Bridgeville, in northern California, was the first town ever put on the eBay auction block. The 83 acres were twice sold on the site, in 2002 (that deal fell through) and again last year.

The reserve price for the town was $2.5 million. Even if the deal doesn't go through, Cave said he has about five other prospective buyers genuinely interested in the town.

Bridgeville, in northern California, was the first town ever put on the eBay auction block. The 83 acres were twice sold on the site, in 2002 (that deal fell through) and again last year.

http://www.alberttexas.com/home/

[northzax]

1. a steal at 2.5 million Euros

no?

[GOPisEvil]

2. Wow - a schoolhouse attended by Lyndon Johnson!

There's lots of interesting things in Albert. Fairly close to me, too.