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The federal government intervened, taking over the property, selling again it in 1990 for only $61 million. Such losses were a common outcome in the government's disposal of real estate assets during the bailouts of the savings and loan crisis. Ownership transferred to Yukio Kitano, representing the largest-ever Japanese investment in Texas ...
The Sandow Lakes Ranch is a 33,800-acre ranch in Texas, U.S. [1] It spans three counties, including Milam County, Texas, [2] There are 14 lakes on the ranch and "48,379 acre feet of water" from the Carrizo-Wilcox Aquifer. [1] [2] It was acquired by Alcoa in the 1950s. [1] In 2016, Alcoa listed it for US$250 million. [1] [3]
The main section of the ranch is located near the town of Guthrie in King County, Texas. [1] [2] It spans 350,000 acres (550 sq mi; 140,000 ha) of land. [3] The main ranch house is off U.S. Highway 82. [4] The Dixon Creek section spans 108,000 acres (169 sq mi; 44,000 ha) of land in Carson and Hutchinson counties. [4]
Billionaire Elon Musk shot down reports about a sprawling family compound in Austin, Texas, disputing claims that he’s building a $35 million estate for his eleven children and their mothers.
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McKinney Falls State Park is a state park in Austin, Texas, United States at the confluence of Onion Creek and Williamson Creek. It is administered by the Texas Parks and Wildlife Department . The park opened on April 15, 1976 and is named after Thomas F. McKinney , a businessman, race horse breeder and rancher , who owned and lived on the land ...