- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- Committee to start planning process for indoor aquatic center in Cape (6/20/18)1
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Southeast to spend $150,000 to refresh brand with Ohio firm (6/19/18)6
- A community rallies behind Honorable Young Men's Club (6/16/18)1
- New urban dance studio opens on Broadway (6/15/18)2
- Jackson natives compete in 260-mile canoe race (6/16/18)1
- Mother, child reportedly hit by car in Cape Girardeau (6/18/18)
- Neal Boyd blessed us all with his God-given talent (6/19/18)
Texas town sells for $3.8 million on eBay
SAN ANTONIO -- Someone in Italy placed the winning bid of $3.8 million on Friday for an unpopulated, one-house Texas town auctioned online.
No one lives permanently in the 13-acre town of Albert, about 60 miles north of San Antonio, but the tavern created from the frame of the old general store is open on weekends.
The town also includes an 85-year-old dance hall, a tractor shed, a three-bedroom house, plus peach and pecan orchards.
But before town owner Bobby Cave signs the deed over, he must ensure the eBay bid is legitimate.
Cave said that unlike the usual items bought through eBay, there are no contractual obligations when it comes to real estate.
"There's just not any way to insist that a guy from Italy write me a check for three million," said Cave, 47, an Austin real estate agent.
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.
Bridgeville, in northern California, was the first town ever put on the eBay auction block. The 83 acres were twice sold on the site, in 2002 (that deal fell through) and again last year.
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