December 6, 2021
Mark Cuban , the billionaire owner of the Dallas Mavericks basketball team and “Shark Tank” investor, purchased an entire Texas town last month, but says his plans for the property are still up in the air, reports Fox Business.
“I don’t know what if anything I will do with it,” Cuban told the newspaper, noting that he only bought the town because a good friend needed to offload it.
It’s unclear what Cuban paid for Mustang, but the town went onto the market for $4 million back in 2017, and the price was eventually reduced to $2 million.
Mike Turner, the real estate broker who listed the property, told the Houston Chronicle of Mustang during a 2017 interview, “There was a strip club there called Wispers that has since permanently closed. There was a killing there, the business had quite a tale.”
As an added bonus for Cuban’s purchase, Turner says, “There is a resident alligator in one of the ponds.”
Research contact @FoxBusiness