Fair Farm & Ranch

The Fair Farm & Ranch is an improved and efficient farming/ranching operation encompassing 1,729.7+/- acres with 4 irrigation wells, 10 pivots plus cattle management infrastructure. The farm can be used for a variety of purposes including irrigated grazing and cash crops.

LOCATION

The Fair Farm & Ranch is located along Hwy 85 (1.86 miles of frontage) in eastern Frio County, about 9 driving miles WSW of Charlotte.

TOPOGRAPHY, RANGELAND & HABITAT

Of the total acreage, 1,480+/- acres are irrigated and 218+/- acres are dry pasture. The irrigated pastures and some of the dry pastures can be planted with annuals for winter grazing. Other dry pasture areas and drainages are in coastal bermuda grass.

Soils are primarily fine sandy loam soils.

The various irrigated pastures are terraced to reduce erosion, and there are several drainages allowing for excess rainfall to drain off the property.

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These drainages include several spreader dams and run-off fencing to slow runoff and protect perimeter fencing and water gaps from debris.

AGRICULTURE

Historically, the farm was used to plant and grow annual forage crops in order to pasture cattle, as necessary, to support overall operations during the winter and sometimes longer. Past annual plantings have included ryegrass, wheat and oats for forage. In addition, the farm periodically grew hay grazer in order to bale for later use on the farm. At present the farm is planted in both corn and cotton.

IMPROVEMENTS

In addition to the pasture related improvements, the property has an expansive set of well-designed working pens for sorting, holding, working, weighing, receiving and shipping large volumes of cattle. Lanes, multiple holding pens, a covered working facility, stock scales, 1/4 circle crowding pen system and load outs are part of the overall system.

In addition, an equipment shed/barn, scale house, and an office with a bathroom, kitchen and bunk room are located on the property.

WATER

The irrigation (10 pivots) and stock watering (40 troughs) needs of the farm/ranch are supported by four irrigation wells that are 1200-1800 feet deep (static water much shallower). Three of these wells are currently operating at ~1000 GPM, and one well is currently being operated at ~700-750 GPM (depending on pivot being fed and relative elevation). The 3-phase power for these wells is all buried as are all water lines.

The stock watering system flows from a storage pila located on a high point on the east side of the ranch and is pressurized via a booster pump and pressure tanks to deliver water across the property to the troughs. The storage pila is filled by way of an automated system plus there is a backup fill pipe from another of the wells in case it is ever needed.

The farm/ranch has pumping permits for 3,459.4 acre-feet of water for irrigation, livestock or industrial use.

ELECTRICITY

Single-phase and 3-phase power (buried to wells).

MINERALS

No active oil and gas production activity on property. Surface sale only. Surface owner provisions in place per a prior vesting deed.

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.

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