5,071 +/- acres of CRP and ranch land with good grass and excellent access from FM 331 and all weather caliche county roads. Currently the seller has the property priced for sale in its entirety. The ranch has $98,503 of CRP/SAFE payment potential (bearing in mind the FSA payment limitations) which provides a good base for investment return on the property. The ranch currently has excellent grass from good rains and has been lightly grazed. Fencing is good to fair on the ranch land and most of the CRP/SAFE also has permanent fencing. There are some old windmills located on the property. The current owner has no knowledge of the condition or viability of any wells on the property. CRP contracts expire 2021 / SAFE contracts expire 2032 per seller.

Hunting in this area includes Mule Deer, quail and dove. A few oil well sites are located on the property and there is some irrigation in the area. This is a good ranch and CRP combination property with income, ranching and hunting all on a ranch that is easily accessed. 1 hour and 20 minutes from Midland and 1 hour and 37 minutes from Lubbock.

Tract 1: The W 1/2 of the SW 1/4 and the NW 1/4 of the NW 1/4 of Section 15 120+/- acres, All of Section 16 - 640+/- acres. 760+/- Total Acres. 628.45 acres of CRP with the balance of the acres in grass. The CRP contract pays approximately $29.75/ac for a total payment of $18,696.00 through 2021. The property is bounded on the south and west by FM 331 pavement frontage.

Tract 2: The E 1/2 of Section 17 319.18+/- acres, All of Section 18 632.22+/- acres, All of Section 19 less 8 +/- ac and the Northeast 142 +/- acres of Section 22. Total Acres of 1,725.95. Native grass with good to fair fencing. One mile of FM 331 frontage and 2.5 miles of CR 324 frontage.

Tract 3: All of Section 20 634.83+/- acres, the N 1/2 of Section 21 320+/- acres. Total Acres 954.83+/-. Approximately 762.5 acres are in the Conservation Reserve Program. 470.27 acres pay approximately $31.38/ac for an annual total payment of $14,757 and 292.28 acres pays approximately $30.93/ac for an annual total payment of $9,040. The property has FM 331 frontage on the south and east.

Tract 4: All of Section 23 635.50+/- acres. 542.13 acres are in a State Acres for Wildlife Enhancement (SAFE) CRP contract which pays approximately $51.68/ac for a $28,017 total payment per year. The balance of the acreage is in native grass. CR 328 provides frontage on the south of the property.

Tract 5: All of Section 24 636.08+/- acres and the E 359.07+/- acres of Section 25. Total Acres of 995.15. A SAFE CRP contract of 327.54 acres pays approximately $51.74/ac for a total annual payment of $16,947 and 371.30 acres of CRP in contract at approximately $29.75/ac paying $11,046 per year with the balance of the property being fallow ground that has been planted to improved grass. County Road 328 runs along the south side of the property.