Near town, paved road access, land is suitable for multiple uses.

Terrain is nearly level. 60% of the acreage is native South Texas brush, 40% cleared and planted to improved grasses. 75 acres high fenced.

50% of mineral interest (executive rights, bonus, rentals) and 25% of royalty interest is owned and will be conveyed. There are two wells on the property drilled in 2007 and 2008, one verticle, one horizontal (chalk). Soon after completion, the operator went into bankruptcy and the wells were only produced a short time. The lease has now been terminated and a release of the wells and all related equipment has been obtained by the land owner. The well bores and equipment will be conveyed with the property. Well logs are available to be reviewed during due diligence.

Native South Texas whitetail, quail, hogs, etc.

The residence can easily be converted to housing which should realize $10,000 / mo. income. Commercial water well equipped to produce 100 gpm. Minerals are not leased and bonus could be substantial. The two oil/gas wells are mostly equipped and can be evaluated for best alternatives for operations. These should realize substantial income with minimum relative costs.

$2,000 +/-

One wet weather pond.

FM 186 and Community Rd.

Electricity and telephone on site. Septic and 2 water wells

Website: www.wendlandusa.com for other details and pictures

Kenneth Wendland 830-896-8410 off, 830-928-2418 cel. - view all properties from this agent