Pleasanton is located near the heart of the Eagle Ford Shale in Atascosa County, just 35 miles south of San Antonio. The city's location provides a strategic hub for many oil & gas companies working the play. Jennifer Hiller published an article over the weekend highlighting development in the area. You can read the full article at mysanantonio.com.
Highlights from the article include:
- The population sign says 8,622, but utility hookups indicate the population is 11,500+
- Rentals have gone from $0.60-0.70 per sq ft/month to as high as $1.50 per sq ft/month
- The city enacted a 180-day moratorium on new RV parks
- Sales tax revenues were less than $2.1 million in 2010 and have already surpassed $3.5 million this year