Texas Ghost Town Site Sparks Master-Plan Bet
Which Texas Ghost Town Is Being Redeveloped? Lobo is the Texas ghost town now under redevelopment consideration. It sits in the remote high desert northwest of Marfa, and its owners are moving to sell the entire 10-acre property. In West Texas, Lobo has become one of the clearest examples of a ghost town entering the market with redevelopment potential. The site is about an hour from Marfa, making that proximity part of its appeal despite the area’s isolated rural setting. Marfa’s artistic influence has helped fuel a regional expansion of revival into nearby communities. Sale Status The owners publicly listed the entire town for $100,000. They also set a firm June 24 bid deadline. Similar niche-property interest comes as some housing markets face limited inventory and intense buyer competition. An open house was scheduled for Memorial Day weekend. That gave potential buyers a chance to inspect the property before submitting bids. Why Lobo Matters Current discussions focus on Lobo red...