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Elon Musk is buying up a small Texas town

in Business
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For the past several years, Elon Musk has bought up land in a small Texas town near some of his companies' facilities.
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In recent years, Elon Musk has been quietly buying up a small Texas neighborhood so that he could build his own little village near his Tesla, SpaceX and Boring companies, The Post can confirm.

Located in Bastrop, outside of Austin city limits, Musk has spent millions purchasing land in the quaint town in hopes he can avoid big-city regulations, the Wall Street Journal first reported.

Situated next to the Colorado River, his vision is to create his own utopia where his employees can live and work.

But while locals are happy at the new opportunity that fell at their doorstep, they remain weary of what this will mean for the charming small town they’ve called home for most of their lives.

Anna O’Neil grew up in the town, riding horses along with her sister, Molly. Her parents, Michael and Linda Waxman were among the ones that recently sold their longtime estate to Musk, which comprised more than 100 acres of the thousands he’s acquired.

Her sister still lives on a portion that Musk also bought, but she’s not required to leave until 2024.


An aerial view of the area’s layout — and proximity between the town and the companies.
Dave Creaney for NY Post

Bastrop is situated right outside of Austin.
Bastrop is located right outside of Austin.
Dave Creaney for NY Post

Construction has begun on the project.
Construction has begun on the project.
Dave Creaney for NY Post

O’Neil said the town was at first shocked to learn that Musk had chosen their little slice of paradise as the site for his factories and companies. But over the years, they didn’t realize this would also mean giving up their own property.

“My parents were really close with all the neighbors down the street. So if one person sold out in the community, you kind of all have to,” O’Neil, 30, told The Post, adding that her grandfather had raised greyhounds on the farm for years.

“The land belonged to my grandparents and then my mom inherited it,” she said. “They are working to get my parents off of that property at the end of the month, so they can start working on it. So nothing’s been done yet. We’re still trying to get off of the property.”

O’Neil admitted that when Musk’s team approached her family to buy the land, they were told it would be used for workers’ housing, not a town.

Musk called the Journal report that he is building a town “false” on Friday.

While photos obtained by The Post show the land is still in the early days of the construction process, it already has a few modular homes, an outdoor sports arena, a pool and a gym.


Elon Musk has two large facilities under construction in Bastrop County, Texas on March 10, 2023.
Elon Musk has two large facilities under construction in Bastrop County, Texas on March 10, 2023.
Dave Creaney for NY Post

Elon Musk has spent millions in the last few years buying up land in the area.
Elon Musk has spent millions in the last few years buying up land in the area.
Dave Creaney for NY Post

In Texas, for a town to be labeled incorporated, it would need at least 201 residents. The Bostrop County Commissioner’s office has yet to receive a submission from Musk in that regard.

Entities tied to Musk’s companies or executives have purchased at least 3,500 acres in the Austin area, the Journal reported. This equates to four times the size of New York’s Central Park. There was talk he even owned upward of 6,500 acres of land in the Lone Star State.

“It was a shock when we found it was going to be an actual town,” she said. “I learned that from an Instagram post. I didn’t know that this would be the possibility. I heard he wants to even hire a mayor.”

“There’s definitely a lot of history. There’s a lot of memories out there of him like training dogs. He built up this whole farming community there,” O’Neil said of her grandfather. “So I think it’s a little sad because we’re going through kind of his things and picking and choosing — to get off the property.”


It is estimated that has purchased over 6,500 acres of land in Texas.
It’s estimated that Musk has purchased more than 6,500 acres of land in Texas.
Dave Creaney for NY Post

A sign reads, âWelcome to Snailbrook, TXâ inside the Boring Company Facility on March 10, 2023.
A sign reads, “Welcome to Snailbrook,” inside the Boring Company facility on March 10, 2023.
Dave Creaney for NY Post

An aerial view of the area.
An aerial view of the area.
Dave Creaney for NY Post

Musk initially fled California for Texas to avoid insurmountable regulations. He even referred to the Golden State as a place of “overregulation, overlitigation, overtaxation,” he said in December 2021.

Meanwhile, Texas has fewer zoning laws and loosely regulated land. Unlike California, it has no corporate income tax or capital-gains taxes.

Floor plans filed in the Bastrop County Commissioners Court in January show the vision of Snailbrook village, in reference to Musk’s Boring’s company mascot.

The map, obtained by The Post, shows Snailbrook would have 110 residences on what will be Boring Boulevard, WaterJet Way, Porpoise Place and Cutterhead Crossing.


An aerial view of the town Elon Musk is building.
Another aerial view of the town Elon Musk is building.
Dave Creaney for NY Post

The town will have a sports field.
The village will have a sports field.
Dave Creaney for NY Post

Part of the layout envisioned for Elon Musk's town Snailbrook, currently in the process of being built.
Part of the layout envisioned for Elon Musk’s village of Snailbrook, currently in the process of being built.
Bastrop County Commissioners Court

“My dad’s perspective, it’s nice to just kind turn over a new leaf,” O’Neil said. “My parents are buying different property with the money and reinvesting it. So … that’s been fun.”

Her parents still own their 4,500-square-foot home in Bastrop. And the town still remains fairly small.

O’Neil’s parents were from big cities — her mom, Linda, is from Austin, and her dad, Michael, is from New York. The two were in the film business and lived in Los Angeles for several years before coming to Texas to inherit the farm.

O’Neil explains when she was younger, there was only a Walmart and a stoplight. She quips that now they added a Chick-fil-A.

In Bastrop, Musk’s SpaceX is building a 500,000-square-foot facility, and, across state road 1209, Boring — Musk’s infrastructure and tunnel construction company — is building a new warehouse.


The town of Bastrop remains fairly small.
The town of Bastrop remains fairly small.
Dave Creaney for NY Post

Elon Musk has relocated to Texas in the last few years to avoid California's high regulation policies.
Elon Musk has relocated to Texas in the last few years to avoid California’s high regulation policies.
Dave Creaney for NY Post

“There was a little bit of pause on what this would mean for our community,” O’Neil added. “We’re still a small town at heart here. It was a big change. I think there’s still a little bit of fear, or not fear, but anticipation — seeing what’s to come, because things are changing so fast.”

“And of course he builds so quickly. I mean, the Tesla factory went up what feels like overnight for how large scale it was.”

In the end, O’Neil said the process is bittersweet.

“There’s a little bit of nerves, but also kind of relief,” O’Neil said. “My parents now have the money to buy other property that’s a little bit further outside of the city limit to continue kind of living a smaller farm life.”


Musk is in a hurry to complete the project and it is expected the town will be up and running in the next two years.
Musk is in a hurry to complete the project and it is expected the village will be up and running in the next two years.
Dave Creaney for NY Post

The Post has reached out to Musk and the Bastrop County Commissioners Court for comment.

Meanwhile, the idea of living in an unregulated, private town or city has risen in popularity in recent years.

Praxis is one of the newer projects funded partially by Peter Thiel. The goal is to build a city outside of the United States and free of government control.


[Written in collaboration with other media outlets with information from the following sources]

Tags: austinBusinessCommercial Real Estateconstructionelon muskneighborsNewsReal Estateresidential real estateteslaTexas
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