Record of Transactions Pertaining to Wesco Acres, Lot 1, 1978-1988

This 50-page file was assembled from public records as part of a background investigation of 2014 Austin mayoral candidate Stephen I. “Steve” Adler. These records show the history of tranactions for this 16-acre tract in the years before Michael Barron and his law partner Steve Adler bought the property in 1995 for an undisclosed price.

The property was taken into the City of Austin as part of a massive full-purpose annexation in the Oak Hill area that was completed December 19, 1985.

These records show the property at its peak value in 1984 carried a lien of $1,818,909, or $113,681 per acre. After default the property was auctioned to the highest bidder in January 1988 for an undisclosed price