Subject to sale, withdrawal, or error.

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2 We are proud to have obtained the exclusive listing on the 15, acre Conrad Ranch. This outstanding cattle and hunting ranch is located 65 miles west-northwest of Amarillo, near the small community of Adrian, in the Western Texas Panhandle. Access to the ranch is provided by a graded road. Steeped in history, the Conrad Ranch was once a part of the historic, 3,000,000 acre, XIT Ranch. Later, the property was a portion of the legendary Matador Ranch, until the Matador s sold out in the 1950s.

3 The topography varies from almost level to gently rolling on the west side of the ranch, to deeper rolling, grass covered draws and some broken country along Las Arches Creek, being on the east side of the ranch. Elevations on the property range from 3,840 feet on the west side of the ranch to 3,660 feet on the east side.

4 The Conrad Ranch supports a desirable mix of native grasses, such as Buffalo, Blue Grama, Hairy Grama, Black Grama, Sand Dropseed, Little Bluestem, Sand Bluestem, Sideoats Grama, Indian Grass, Switchgrass, Vine-Mesquite and Plains Bristlegrass, to name a few. There is a very sparse to sometimes moderate canopy of Mesquite and Cholla Cactus, along with scattered Sand Sagebrush in portions of the creek bottom. The current owners are on a continual brush control program, and grub Mesquite and Cholla Cactus on portions of the ranch yearly.

5 This area of Texas receives approximately inches of precipitation annually, with approximately 70% occurring during the 186-day growing season. The ranch is considered to be very well watered with 12 windmills or solar wells, and two electric submersible wells that have water piped to multiple water troughs. In addition to the water wells and drinking troughs, there are seasonal holes of water in Las Arches Creek.

6 The ranch is fenced and cross fenced into 12 pastures and traps. The fences are considered to be in good condition, with some being brand-new. There are also two sets of cattle pens on the ranch. The main shipping pens are large, well arranged, and equipped with scales.

7 Hunting on the Conrad Ranch is considered to be good. Large mule deer, whitetail, antelope, quail (both Bobwhite and Blues), along with dove, flourish on the property. The ranch has never been commercially hunted.

8 There is no oil or gas production on the ranch, and one-half (1/2) of the seller s mineral interest will be conveyed. In addition, all wind generation rights and water rights will convey with the sale.

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10 If you are in search for a quality Texas Panhandle Ranch, the Conrad Ranch should be strongly considered. The Conrad Ranch is a unique opportunity to own, enjoy, and preserve one of the best ranches in the Texas Panhandle. The ranch is realistically priced at $ per acre. For more information, or to schedule a showing, please give Brendan Garrison a call at (806) office, or (806) cell. Established in 1920, Chas. S. Middleton and Son has been involved in farm and ranch sales and land appraisals for four generations. Based out of Lubbock, Texas, with salesmen in Dallas, Albuquerque, Lampasas, and Silverton, we specialize in farm and ranch real estate. Our firm currently serves Texas, New Mexico, Colorado, Oklahoma and Kansas. The firm is owned and operated by Lee Sam Middleton, ARA (Accredited Rural Appraiser). Sam Middleton Brendan Garrison (817) (806) sam@csmandson.com brendan@csmandson.com th Street, Lubbock, Texas (806)

11 onrad Ranch Aerial Water Body River/Creek rendan Garrison : (806) Pens Windmill Trough ldham County, Texas, AC +/- Fence th Street Lubbock, Texas Well Fence Fence Interior Fence Stream, Intermittent The information contained herein was obtained from sources deemed to be reliable. MapRight Services makes no warranties or guarantees as to the completeness or accuracy thereof. Boundary

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