Arney, TX 79042(Castro County)

One contract includes 276.3 enrolled acres at $42.00 per acre; Annual payment $11,605.00* Expiration Date 9/30/2015. The other contract includes 36.1 enrolled acres at $49.00 per acre; Annual payment $1,769.00* Expiration Date 9/30/2020*additionally, there are approximately 21.85 acres native, and 7.27 acres around the house. Other improvements include 4 wells, (1- Domestic with 3HP, Single Phase Pump, 1,000 Gallon Metal Pressure Tank*1- Backup Well near house without pump, and 2- Older Irrigation wells Condition Unknown) 2- Permanent Stock Tanks* House, Barn, and Corrals. The grass on the 276.3 acre contract is in good condition and well established. The grass on the 36.1 acre contract needs more time to become fully established.

Improvement Description: The house has a total of 7 bedrooms and 1 office. There are 2 bedrooms upstairs with a sitting area, 2 bedrooms and 1 office on main floor, and 3 bedrooms in the basement. One bathroom is located upstairs, 2 bathrooms on main floor, and one bathroom in the hot tub room, (no heat in hot tub room) for a total of 4 bathrooms. Other rooms include Living Room, Kitchen, Laundry Room with lots of cabinets and sink, Mud Room/Entrance Area, Game Room and Food Cellar in Basement, 2 Large Walk in Closets*Large Closets in each Bedroom*1 Large Storage Closet*Cabinets in Hallways*Double Car Garage*Large Storage over Double Car Garage with finished Flooring**Large Evergreen Trees*Grain Building*Large Shop*Small Shop*Metal Corrals*Working Chute*1- Gibson 5 ton A/C* 1- Comfort Maker 3 ton A/C*Very Nice Totally Electric Country House*The house has 3 or 4 older cesspool systems* Swing Set* Metal Tower*House will be sold AS IS at auction.

Barn: 40 x 70, 3 Overhead Doors (Roll-Up Doors) (1-22x14, 1-14x14, 1-10x10, Walk-in Door*Totally Insulated with 6 Walls* Concrete Floor*Skylights*Electricity*Bathroom (Not in Working Condition) Barn Cesspool* Drain Gates*Storage Shelves*Nice Barn*

Taxes: $2,192.25 (2012 base rate, all entities) School District: Nazareth ISD

Mineral Rights: Seller will reserve 1/2 (50%) of all mineral interests currently owned.