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Mark Cuban purchases small Texas city

Dallas Mavericks proprietor Mark Cuban just lately determined to deal with himself to a Mustang.

No, not the automobile — a small city in Texas with an estimated inhabitants of about two dozen folks. Cuban mentioned he made the acquisition to assist a buddy.

MARK CUBAN PULLING PLUG ON NATIONAL ANTHEM SAID NOT TO BE OUT OF LACK OF PATRIOTISM

“I don’t know what, if something, I’ll do with it,” Cuban informed the Dallas Morning Information .

It’s unclear how a lot he bought the city for, however the report mentioned the city was up on the market in 2017 for $4 million. Mustang is roughly 77 acres and is about an hour away from Dallas.

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Dallas Mavericks proprietor Mark Cuban seems at an occasion.

(AP Picture/Ron Jenkins)

The city options a number of facilities, together with a run-down strip membership and a neighborhood alligator that resides in a city pond. The strip membership, referred to as Whispers, has since closed down. In 2008, somebody was killed there, in keeping with the Houston Chronicle .

Mustang is a ghost city. It was based within the Nineteen Seventies and thrived by promoting alcohol when most of Navarro County, Texas, restricted its sale.

The city has no native authorities in place, giving Cuban loads of flexibility. It additionally has a wastewater remedy facility and a volunteer hearth division.

Cuban, who stars on CNBC’s Shark Tank and has investments in quite a few startup firms, has an estimated web price of $4.5 billion, in keeping with Forbes .



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