Since 2004
In 2004, Bobby Cave, at the time an insurance broker, bought Albert—more specifically, property on Ranch Road 1623 between Stonewall and Blanco— for $216,000. Cave then built a tavern (in a style area locals call an icehouse) on the site of the town's former general store; after investing nearly half a million dollars, in 2007 he put it up for sale on eBay with a reserve price of $2.5 million. In 2009 the town was carved up and again for sale, this time with an asking price of $883,000. 12.09 acres (48,900 m2) of the town was purchased by the Easley family (Point Evans, LLC) from Austin, Texas, and Brandon Easley, was nominated by the family to be the town manager. He has made several improvements to the ice house and surrounding property, and currently the dance hall is under renovation.
Read more about this topic: Albert, Texas