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Value of a historic oak tree? at least $200,000

It appears efforts to move a giant historic live oak tree [in downtown Austin] over the weekend were successful.

The tree is estimated to weigh about 400,000 pounds and could be between 200 and 300 years old.

The tree used to sit on a hill at the corner of 9th Street and Neches. It was moved across the street to the property of the First Baptist Church...to make way for a new 10-story condominium project being built by a company called Noble Development Group.

The developer paid more than $200,000 for the move.
Read entire article at KVUE-TV (Austin, Tex.)