For Less Than a Million Dollars, A Texas Town Could Be Yours

By: CBS News Email
By: CBS News Email

We all know times are tough, but tough enough to put your town up for sale?
A Texas town is up for grabs and for a "low" price.
The town of Albert is located 20 miles outside of Fredericksburg, and it's a real steal.
For less than a million dollars, Albert can be yours.
With the ailing economy, if you have the cash, it seems anything is in reach.
So why buy a house, when you can buy your very own town?
The owner of Albert tried to sell the 13 acre town for $2 million, but is now offering it for $883,000 and even that's negotiable.
Albert has a population of 4-- 6 if you count the dogs.
It's small, but rich in history.
President Lyndon B. Johnson attended school there. The actual schoolhouse is not included in the sale, but there's plenty of other ammenities".
Residents say there are 41 pecan trees, a valley with a wonderful breeze and even a dance hall.
And next to the 85 year-old dance hall, there's an ice house, ready for performances and stocked with beer.
But for those of you hoping to put your name on the map, think again. If you buy the town of Albert, the name stays as is.
Currently, the town's owner is not only aggressively marketing on the internet, he has also made T-shirts.

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