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Mark Cuban Buys Mustang, Texas

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@doitvoluntarily
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Mark Cuban has recently bought a small town in Texas known as Mustang and he did it apparently to help out a friend.

A friend reportedly needed to get rid of the town so Cuban was open and went ahead to buy it but he doesn't know yet what he might do with the purchase.

The price had been listed previously for $4 million, then $2 million, though it isn't known exactly what he might have paid for it.

The town of Mustang Texas is virtually empty, almost 77 acres overall for the area, and there is a vacant mobile home park and other vacant businesses that can be found.

It's reported that there are no zoning limitations and it's any guess as to what Cuban might come up with for it down the road by using his team and resources. It might just sit vacant as it is now until it gets sold again or we might see a change and some development come into the area.

Right now there are not any residents in the region and there have been no businesses operating for a few years now. Maybe after this purchase from Cuban it might mean bringing new life back into the region.

sources: https://www.thedenverchannel.com/news/national/mark-cuban-buys-entire-texas-town https://www.nbcnews.com/news/us-news/mavericks-owner-mark-cuban-buys-entire-empty-town-mustang-texas-rcna7518