Texas town sold on ebay

[flashl]

$3.8 million bid out of Italy wins tiny Texas town

Someone in Italy is the new owner of a tiny Texas town — maybe.

Putting up a winning bid of $3.8 million, an unknown Italian buyer today purchased the 13-acre, unpopulated and one-house Central Texas town of Albert through the online auction site eBay.

But before Bobby Cave, who currently owns the town, signs the deed over, he must first figure out if the winning bid is legitimate. Cave said that unlike the usual items bought through eBay, there are no contractual obligations when it comes to real estate.

"It all turned out great," said Cave, 47, an Austin real estate agent. "There's just not any way to insist that a guy from Italy write me a check for three million."

If the deal goes through, the winning buyer will inherit an icehouse created from the frame of the old general store, a pavilion, an 85-year-old dance hall, a tractor shed and a three-bedroom house. All of that, plus peach and pecan orchards, come with the land.

The reserve price for the town was $2.5 million. Even if the deal doesn't go through, Cave said he has about five other prospective buyers genuinely interested in the town.

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[BlueJazz]

1. The Town (Population 4) actually has a Website.. !!

http://www.alberttexas.com/home/

[flashl]

2. So, town = a single family estate? n/t

[Solar_Power]

6. Do these girls come with the purchase price?

http://www.alberttexas.com/d_www/photoindex.php

[Double T]

3. Crawford, Texas? The phony plastic ranch?

[Elidor]

4. I was hoping it was Fred

http://en.wikipedia.org/wiki/Fred%2C_Texas

[Ezlivin]

5. A town in Texas? I would have used Craigslist or Freecycle

N/T