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Tuesday, June 28, 2022

Mark Cuban buys Texas town of Mustang, located south of Dallas, from friend for $2 million, reports say

MUSTANG, Texas — Talk about a Texas-sized investment!

Shark Tank entrepreneur and owner of the Dallas Mavericks, Mark Cuban, just purchased an entire town in Texas.

According to the Dallas Morning News, the billionaire purchased the town of Mustang last month for about $2 million.

The 77-acre town is located about 55 miles south of Dallas and according to DMN, the town’s census records report it has a population of 23.

Cuban said he purchased the town because a friend needed to sell it, but told the news outlet he isn’t sure what he’s going to do with it.

SEE RELATED: Texas tops list of most popular destinations for international homebuyers

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