There’s a new sheriff in town, or at least there could be in Lobo. The small, West Texas town has long been abandoned since 1991 but times are changing, or at least they could be.
For the price of $100k, you could own this Texas town and do with it what you please – we don’t know, we’ve never owned a town before.
Some 20 years ago, Lobo was owned by three German friends, who bought the town as a place to vacation. The group used it to put on performances, festivals, and other events, and in general, to “get away from the busy city life and relax in the country,” said one owner, Alexander Bardorff.
Due to the costs of maintenance costs – not strictly monetary – the group is selling the town for the base price of $100k, which is $226K less than the median price of a Texas home.
“We are too old now to continue our efforts to maintain the buildings and the 10 acres of land and would like to sell Lobo to someone who appreciates the special character of ‘our’ little Ghost Town,” the group writes on the town listing.
The purchase would entitle the buyer to the town’s properties, which include a former motel, grocery store, post office, a functioning well, a former gas station and restaurant, a swimming pool, and other remaining houses and structures.
While we know a certain someone that might be interested in buying the town, the group does prefer a specific type of owner.
“We are not just trying to make a profit,” Bardoff said to Texas Monthly. “We would like to find a group of people that want to do something interesting out there. Not necessarily what we did, but some idea.”
Prospective buyers can contact the owners here.
[Featured image from Shutterstock]