3,425 Acres in Marfa, TX - $3,030,000

DESCRIPTION: Generally a gently rolling to rolling country with some high rim-rock & canyon country at the northeast corner. Alamito Creek runs through the middle of the ranch and generally has scattered water holes and big cottonwoods. The creek will run during particularly wet seasons. Perdiz Creek with a spring, live water, and cottonwoods cuts the southwest corner of the property near the headquarters. The South Orient Railroad (not currently in use) splits the ranch north/south. Vegetation ranges from open grass country to mesquite and low desert brush. An on-going brush eradication program has greatly increased the productivity of the ranch. The ranch is well watered by 3 wells, Alamito Creek, and Perdiz Creek. Game include mule deer, turkey, and blue quail.

IMPROVEMENTS: The ranch has a modest, older headquarters located in an attractive setting along Perdiz Creek with many large cottonwoods. Improvements include a ranch house, guest house, hangar/bunkhouse, corrals, and a 2800 dirt airstrip. These headquarters improvements are encumbered by a life estate to the previous owner who occupies them at this time.

MINERALS: Seller will convey one half (1/2) of the minerals he owns. Approximately 1630 acres are state mineral classified, whereby the state owns the minerals, the surface owner acts as an agent for the state in leasing those minerals, and any income generated by bonuses, delay rentals or royalty is split between the surface owner and the State on a 50-50 basis. The minerals are not leased.

REMARKS: The Alamito Ranch is productive, scenic, and just 20 minutes from Marfa.

*Seller owns an adjoining 103.39 acres (Hawk Hill) with pavement frontage and an extremely fine 4 bedroom ranch home with a commanding view of the Alamito Ranch and distant high rim-rock country. Additional improvements are an attached garage, pool, pool casita, and a hand house. This tract is offered separately at $1.9 million.

This property is offered by Chip Cole & Associates, Ranch Brokers to qualified buyers by appointment only. Cooperative brokerage is invited. The property is subject to prior sale, change in price or terms, errors and/or omissions, or removal from the market without notice. The information contained herein, while obtained from sources deemed reliable, is not warranted (express or implied) by Broker or Seller.