In its first years, Austin's colony faced problems that threatened to drive everyone away.
By the fall of 1824, Austin had nearly fulfilled his contract with the Mexican government
The Old Three Hundred helped make Austin's colony, centered on San Felipe de Austin, a success.
In all, 297 families and single men had received land in his colony.
By 1824, Austin felt that his colony needed a capital. In that year he founded San Felipe de Austin, better known as San Felipe