Lake Fort Phantom Hill is known to be around for over 100 years and is known as an agricultural land based off off it's lump sum of it's diversified economy which were oil, agriculture, light manufacturing, and service.In 1937 the construction of Fort Phantom Hill Dam was begun on Elm Creek near the southeast corner of the county. The area covered by the reservoir was annexed by the growing city of Abilene. The county economy became more diversified in the 1940s, as cattle ranching regained some of its importance and farmers increasingly turned to crops like sorghum and wheat.
(http://www.sgha.net/tx/abilene/ftphantominvest1.html)
Many people that know about the legend argue that these hauntings are a result from the people who have died on this very land in past years and their spirits stick around in search of something. One many one that seems to be the popular ghost story is the "Lady of the Lake". This story is reported to date back even before the lake even existed. This legend has changed over the years but those who have seen her say that she is indeed there and that she is very much real. Here are some videos of this legend. They go into detail of what this legend is truly about.
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