Mark Cuban buys tiny Texas town as favor to friend

Dallas Mavericks owner Mark Cuban has purchased the 77-acre town of Mustang, Texas, to help out a friend.

Mr. Cuban, a longtime investor of “Shark Tank,” said he made the buy because a friend needed to sell the land.

“I don’t know what, if anything, I will do with it,” Mr. Cuban told The Dallas Morning News.

It’s not clear how much he paid for the Navarro County town, but the report noted Mustang was up for sale in 2017 for $4 million.

Mustang sits about an hour from Dallas, and was home to 23 people, according to the latest census data.

The report said Mustang consists of a strip club and a trailer park.

In 2010, it was the least populous town in Texas.


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