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Podcast: Texas Standard » Stories from Texas
Episode: Texas Land Rush
Description: The most expensive property currently on the market in Texas is a 2300 acre estate in Lago Vista. It is near Austin, on Lake Travis, going for a mere 68 million. Only 30 thousand an acre. Get out your checkbooks.
That’s quite a contrast compared to the deals the first Texans were getting on real estate. Stephen F. Austin charged 12 and a half cents an acre for a league of land, which was 4428 acres.
He offered two deals, 4428 acres if you were a rancher and 177 acres if you were a farmer. So you can imagine that many fa...