Cotulla, TX 78014(La Salle County)

BACKGROUND INFORMATION: The current owner bought this ranch in 1995. At that time it was comprised of two pastures no improvements out of the 38,000 acre Cameron Ranch, a famous ranch of the highest quality located in the heart of South Texas big buck deer country. Since then the owner has proceeded to develop the property into a first class hunting/recreation ranch (i.e. high fence, stringent game management program, strip clearing, main lodge, foremans house, deep lakes and good roads).

REASON FOR SALE: This ranch is being sold for estate planning purposes and the owner is reasonably well motivated to sell.

METHOD OF SALE: The Owner (Seller) has given Thornton Ranch Sales exclusive written authorization to sell this fine property. The Seller will convey the property by a Special Warranty Deed, provide a standard Owners Policy of Title Insurance and furnish a current/recertified survey. The property is offered intact or in two tracts as shown on the attached Topo Map. Also, this is a turnkey offering and all the personal property itemized under the paragraph below titled PERSONAL PROPERTY INCLUDED IN THE SALE will be conveyed to the buyer.

DESCRIPTION: This ranch has a multiplicity of positive features that sets it apart from most South Texas ranches. No item that a creative mind can think of has been omitted from the 12 year improvement plan successfully carried out on this ranch to create this one-of-a-kind hunting and recreation ranch. Twelve miles of quality high fence was built. Seven earthen tanks/lakes were built or deepened, some to a depth of 20 feet or more. Ten sendero strips with lengths of up to 2 miles were roller chopped creating greatly improved habitat for both deer and quail. Said strips have been roller-chopped/aerated on a regular basis. A beautiful 3 BR 2 bath main lodge and a 2 BR 1 bath foremans house were built. A 4,274 foot deep water well was drilled and completed in the Carrizo sand. This well produces 160 gpm and supplies both the lodge and foremans house. Every conceivable piece of machinery and equipment needed to support ranch operations was acquired and will be included in the sale. A MLDP (Managed Lands Deer Permits) White-Tailed Deer Program was set up in conjunction with the Texas Parks and Wildlife Department. The CY 2011 management program included 50 doe and 50 buck permits. Terrain elevations vary from 335 to 417 above sea level. The lodge sits on a high point with an awesome view overlooking a large lake. A second even higher point overlooking the same lake has been prepared for another lodge/structure of your choice. Quinanlla Creek, a major seasonal creek, flows through the ranch for 2.43 miles. A 1.7 mile tributary of said creek also traverses this ranch. Accordingly there are great locations to build additional and larger lakes if desired. The habitat for deer and wildlife is as good as it gets. You will find a happy mixture of black brush, guajillo, guayacan, granjeno, como and acacia, all high in protein. Youll also find some heavy mesquite and a sprinkling of prickly pear and other miscellaneous brush. Access to the ranch is via 2.74 miles of frontage on paved RR 624. There are no road easements through the ranch but there is a road easement along a portion the west boundary line. The terrain is compatible for construction of a 10,000 foot airstrip if that should be your desire.

WILDLIFE, HUNTING, FISHING, WATUSI CATTLE AND INDIAN ARTIFACTS: Whitetail deer, hogs, javelina, quail, turkey, bobcats and coyotes inhabit the ranch. Several species of waterfowl are abundant around the many lakes and tanks. Some of the tanks have been dug out to a depth of 20 feet or more and are stocked with bass, perch, threadfin shad, crappie, catfish and fresh water shrimp. The ranch has been under a strict game management program for the past 17 years. Buck to doe ratio is approximately one to two and the ranch currently is under a MLD permit as hereinbefore described. A year around protein feeding program from ten bulk feeder stations is in place. The present Owners, through their hard work and diligence, have created one of the finest trophy whitetail deer herds to be found anywhere. A deer recently harvested scored 204 on the Boone & Crockett scale. It had a width 32 3/8 inside and 34 1/2 outside. In addition, Choke Canyon, a world class fishing and watersport destination is only an hour drive from the ranch. This ranch is a virtual factory for Indian artifacts as evidenced by hundreds of pieces collected by the owner. The area along Quinanlla Creek is a particularly fertile hunting ground and the Owners claim to have only scratched the surface for these valuable artifacts.

MINERALS: All water and air rights will convey. No minerals will convey. The minerals are now leased and production on the property consists of only two clean flowing gas wells with take-away via environmentally friendly underground pipelines.

WATER: There are eight stock tanks/lakes and a 4,274 Carrizo water well that produces 160 gallons per minute and supplies both the lodge and the foremans house.

WATUSI CATTLE: 13 head of Watusi Cattle, the oldest breed of cattle in the world and originally native to Africa, are included in the sale. Said Watusi are all trophy class bulls or steers.

POSSESSION: Possession of the Property subject to no hunting or grazing leases will be delivered to the buyer on the date of closing and funding.

TAXES: Based on current agricultural use the total ad valorum taxes for calendar year 2011 were approximately $5,365.91. The property will be conveyed to the buyer with said agricultural use designation in place.

AIRPORT INFORMATION: The San Antonio International Airport is located just 80 minutes north of this property. The Cotulla Airport is located just 30 minutes west of the ranch.

IMPROVEMENTS: The property has electricity, lodge, foremans house, barn/workshop, corrals and is high fenced on all sides. There is an excellent internal ranch road system and most of the internal gates are equipped with remote control openers. There is a 4,274 Carrizo well and 8 tanks/lakes. A second building site has been cleared and prepared for a future structure (lodge, barn, guest quarters, etc.) with electricity, water and septic system already in place. This site is located on a high point near the existing headquarters and it also has a pretty view of the main lake. All the items listed below will convey.

PERSONAL PROPERTY INCLUDED IN THE SALE: The following items are included in the sale:

Item # Quantity Description

Main Lodge (all furnishings including but not limited to the following are included in the sale):

1. 1 Couch in great room

2. 2 Easy chairs with Ottomans in great room

3. 1 TV in great room

4. 1 Nature display in great room

5. 4 Bar chairs

6. All Kitchen appliances (refrigerator, stove, dishwasher, microwave, etc.)

7. All Silverware, dishes, pots, pans, etc.

8. All Curtains and draperies

9. 1 Bunk bed and all bedding in bedroom # 1

10. 1 Queen bed and all bedding in bedroom #2

11. 1 Bunk bed and all bedding in bedroom # 3

12. 1 Ice maker in garage

13. 1 Freezer in garage

14. 1 High pressure sprayer in garage

15. 1 Air compressor

16. 1 2009 Polaris Ranger Crew ATV

17. 9 Watusi horns mounted on front porch

18. 1 Walk-in game cooler behind the lodge

19. 1 Game hanging rack with 4 hoists on concrete slab behind the lodge

20. 1 Elevated corn storage bin with auger behind the lodge

Equipment and other Amenities:

21. 1 Kubota Tractor, 125 HP

22. 1 Galion Motor Grader

23. 1 Chevrolet 4-Wheel-Camo ton Top Drive Truck (20,000 orig mi)

24. 1 New 20 ft Rhino Batwing Shredder

25. 1 15 ft Rhino Batwing Shredder

26. 1 16 ft Tilt Trailer

27. 1 Portable Bulk Feed Transporter with auger (for filling deer feeders)

28. 1 10 ft Roller Chopper

29. 1 11 ft seeder

30. 10 Fiberglass Deer Blinds with staircase ladders

31. 10 All Season Bulk Feeders with fenced pens

32. 2 Spin Feeders

33. 1 Large Protein Feed Storage Bin (drive under)

34. 1 Car Wash slab w/Hotsy machine (pressurized soap washer)

Item # Quantity Description

35. 1 Diesel Fuel Storage Tank

36. 1 Gasoline Fuel Storage Tank

37. 1 Set of cattle pens with loading chute

38. 1 Spray Rig

39. 1 Dump Trailer

40. 1 Riding Lawn Mower

41. 1 Battery Charger

42. 1 Electric Welder

43. 1 Large Elevated (drive under) Protein Storage Bin.

Foremans House (no furnishings are included):

44. All Appliances

Livestock:

45. 13 Watusi cattle (all bulls or steers)

PRICE (if sold intact): $12,032,395.00** ($2,100.00 an acre)

PRICE (if sold in two tracts as shown on the attached Topo Map)

TRACT ACRES* PRICE PER ACRE TOTAL PRICE REMARKS

1 3,679.72 $2,200.00 $7,985,366.40 Lodge, water well and highway frontage

2 2,100.00 $2,100.00 $4,410,000.00 No structures. Feeders and blinds in place will convey.

* Approximate Acres

** Price to be adjusted based on the actual number of surveyed acres that will be conveyed by a General Warranty Deed and covered by an Owner's Policy of Title Insurance multiplied by the price per acre agreed upon by OWNER and Buyer.

TERMS (2 options as follows):

1. All cash at closing.

2. Any other terms acceptable to OWNER.

BROKERS COMMENTS: If your desire is to own a classic South Texas Hunting/Recreation ranch where all the hard work has been done and a time consuming successful wildlife management program has been established, then youve found it here. You could close the sale on this one and confidently commence entertaining yourself and your guests the next day. This is a clean sale and could easily be closed within 30 days of a contract effective date.

SHOWING COORDINATION: This ranch is available for inspection seven days a week by prior appointment only. CALL: Frank J. Carter (956) 740-4849 at any time for showing coordination, service and support.

NOTE: This information was obtained from sources deemed reliable and is presented subject to errors, omissions, change of price or conditions, prior sale or withdrawal from the market without notice and is provided by Thornton Ranch Sales without any guarantee, warranty or representation, express or implied.

Buyers Brokers must be identified on first contact and must accompany buying prospect on first showing to be allowed full fee participation. If this condition is not met, fee participation will be the sole discretion of Thornton Ranch Sales, Frank J. Carter, Broker.

Thornton Ranch Sales hereby notifies Buyers of real estate that the properties may be subject to Oak Wilt, Drought, Flood, Hurricanes, Tornadoes, Infestation, Allergens, Economic influences, Disease and other acts of God, Nature or Man.