The Lower K Ranch is a well-manicured 283+/- acre raw land tract. The two water wells, eleven earthen ponds, and co-op water provide outstanding water features necessary for current use or future development. The property is ideally located on a paved farm-to-market road five minutes north of the reemerging historic town of Mineral Wells, Texas. The property is well located in Palo Pinto County, an area just west of Weatherford and the Dallas-Fort Worth metroplex, known as the hidden hill country. Generally described, the property comprises brush-covered high points, separated by sandy bottoms that are a balance of native range land and Coastal Bermuda hay fields. The property has no residential or structural improvements and is a clean, well-maintained, raw land tract ready to take in any buyer's desired direction.

The Facts:

~ 283+/- Deeded Acres

~ 11 ponds

~ Two operable freshwater wells with depths ranging between 150 to 600 feet

~ Co-op water available on-site

~ Electricity available on-site

~ Deer blinds and feeders (negotiable with the sale of the property)

~ Approximately 157 acres of native pasture and brush cover

~ Approximately 126 acres of improved Bermuda hay fields

~ Development potential

~ Paved road access off Union Hill less than a mile from US Highway 281

~ Seller believes to own no mineral rights relating to this property

The seller owns the operating interest for the on-

site oil and gas production. He is partnered with a

third-party operator to maintain the wells and the

owned operating interest is negotiable with the

sale of the property.

~ The tree cover is primarily post oak, live oak, blackjack, cedar, and mesquite