Entire 76-acre Texas town goes on sale for $4million

An entire town in Texas complete with homes, a fire department and store has been put up for sale.  

The town currently known as Mustang, has been listed for $4million by Dallas brokerage firm J. Elmer Turner. Listing agent Mike Turner explains the 76-acre property has several amenities. 

‘There is a little store and some mobile homes,’ Turner told DailyMail.com. ‘It’s off Interstate 45. There is also a state approved sewage plant in the town and a 7,000 square foot vacant warehouse.’ 

The town of Mustang, Texas is for sale 

Mustang even has its own volunteer fire department, as well as a state approved sewage plant

Mustang even has its own volunteer fire department, as well as a state approved sewage plant

There are some mobile homes on the property and the entire town could be used for a mobile home community

There are some mobile homes on the property and the entire town could be used for a mobile home community

Turner says you can even re-name the town, if Mustang doesn’t drive you. There would however have to be a town vote on the new name.  

‘It was the only wet spot around until liquor sales changed. It had an illustrious strip club called Wispers,’ which is now the empty warehouse,’ Turner added. 

The town of Mustang had a population of more than 50 people when they were a ‘wet town’- or a town that is permitted to sell alcohol. 

Areas surrounding Mustang during its heyday were ‘dry towns,’ where the sale of booze was not permitted  

Turner says it just needs the right buyer with a vision to create the community’s revival.

Mustang is just over an hour drive to Dallas in Navarro County. 

‘The whole site could be re-purposed.’ Turner says ‘It could be a truck stop, a mobile home park, almost anything.’ 

The town was last sold in 2005 for $600,000 after a court battle that started in 2004 when owner Bill McKie leased the two clubs, Wispers and the Mustang Club, to Tommy Sinclair.

There was there a lien claim on the property because of items that were in the clubs.

In 2005, a resolution was reached where McKie agreed to sell all 76 acres including the trailer park to Sinclair for $600,000 according to the Corsicana Daily Sun.  

The site of the former strip club 'Whispers' sits on the property and is now a vacant warehouse 

The site of the former strip club ‘Whispers’ sits on the property and is now a vacant warehouse 

The tiny town of Mustang Texas is about an hour outside of Dallas

The tiny town of Mustang Texas is about an hour outside of Dallas

 

Read more at DailyMail.co.uk