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12738 properties
Sandow Lakes Ranch
32,000.00 acres
In the great state of Texas, both history and landscapes are often defined by the union of unlikely partners. One such thriving and vibrant partnership can be found at Sandow Lakes Ranch, a magnificent, unique and versatile property in the heartland of Texas. The 32,000 acres feature dichotomous elements working in perfect harmony a modern business development, vast arrays of rolling, lush grasslands, protected marsh and wetlands, and beautiful serene areas. KEY FACTS 32,000 Fee Simple Acres in Milam, Lee and Bastrop Counties INCOME PRODUCING INDUSTRIAL COMPLEX Turn Key: Full utilities in place (electricity, gas, water, water treatment and waste disposal), roads, railhead, intermodal facility, warehousing, manufacturing and distribution. UNPARALLELED WATER RESOURCES 14 Lakes covering 1,960 surface acres with 48,379 acre feet of water, 44,000 acre feet of water per year permitted from Simsboro Aquifer with an additional 14,000 acre feet of water available for permitting, and an additional 18,000 acre feet of surface water permitted for diversion from the Little River. 100% of all water rights will be conveyed. MINERAL RIGHTS 5,564 acres with 100% Oil and Gas Minerals, 22,489 acres with 60% Oil and Gas Minerals. It is estimated that 200 million tons of lignite coal remain in the buffer Sandow acreage. 100% of owned minerals will be conveyed. FISH AND WILDLIFE Surrounded by an award-winning habitat, fish, birds and other wildlife thrive across the property. Wildlife species include whitetail deer, wild hogs, javelina, bobcats, coyotes, turkey, dove and quail. Birds include the American bald eagle, red tail hawks, mallards, wood ducks, teal, cranes, great blue herons, cormorants, pelicans and geese. The fish species include hybrid Florida bass, largemouth bass, smallmouth bass, striped bass, bluegill, red ear perch, tilapia, channel catfish, crappie, sunfish perch and chad. Contact for more information.
Skyline Bull Springs Forest
33,000.00 acres
Bull Springs Skyline Forest, located just minutes west of Bend, Oregon, is an active tree farm and recreational property that covers 32,995+/- contiguous, deeded acres and borders the Deschutes National Forest. The property has significant long-term appreciation potential with opportunity for sustainable timber management, abundant recreation in combination with residential and mixed-use development. More than 80% of the landscape is dominated by a highly productive timberland mix of coniferous forest, winding creeks and springs. The elevation ranges from 3,600 feet along Bull Spring Creek up to 5,600 feet along the property’s western boundary. From deep canyon breaks and expansive forest, to rugged high alpine timber with sweeping views of the Deschutes River Basin and Cascade Mountains, Bull Springs Skyline Forest encompasses a variety of landforms. for more info
S&C Ranch North
6,800.00 acres
S&C Ranch is a, 6,800 +/-acre quail and Osceola Turkey hunter’s paradise, consisting of old world Florida palmetto ledges, natural grass prairies, wetlands and amazing oak hammocks. This amazing property is conveniently located in the center the state between Boca Grande and West Palm Beach, making access to the property for weekend getaways or full time living easy and convenient. The Ranch has a tremendous population of Bobwhite Quail and Osceola Turkey. Hunters routinely enjoy 15 covey rises per day of wild quail. Over 10 flocks of Osceola turkeys make their home on the ranch with 2-4 mature gobblers in each flock with many beards being harvested over 12 inches during the last 5 years. The ranch has a federal Wetland Reserve Program Conservation Easement across it and is home to the headwaters of Fisheating Creek, the second largest flow way into Lake Okeechobee. This amazing property captures and filters millions of gallons of runoff per year, helping to insure clean water flows into Lake Okeechobee and Everglades National Park. This all occurs with a working cattle ranch operating on the property which consist of approximately 700 head of Brangus and Braford cross cattle which coexist with a number of endangered species which include wading birds, eagles, black bears, panthers and more. The spacious hunting lodge is nestled under large mature live oaks and consist of 2 living rooms, 6 bedrooms, 2 bathrooms, full kitchen and central heat/air. This lodge is a very comfortable place to relax after a long day of bird hunting or just bringing family and friends out to the woods for a relaxing weekend getaway. There is a 4 bay metal sided barn for hunting buggies, a 16 pen dog kennel with septic, eight stall horse barn and a large set of cattle working pens and hydraulic chute which are all included to make this a turnkey hunting and cattle ranching property.
Champion Ranch
5,000.00 acres
Located halfway between Dallas and Houston, Champion Ranch boasts over 5,000 acres of prime ranch land. Atop oak tree studded sandy loam hills, the property includes an idyllic owners home on a private 78-acre lake. In addition, the ranch has numerous barns, eight guest and ranch houses, and a 16-person bunkhouse. With over 20 additional lakes, stock ponds and live river streams, Champion Ranch is also home to a sprawling peach orchid that currently produces 18 varieties of peaches. Dinner and dancing are conducted in the 2,200 sq. ft. on-property Saloon. With two bars, a piano and sound system, the Saloon seats up to 130 guests for corporate or private events. There are 36 oil and gas wells situated on the property. The underground mineral ownership rights, included in the deal, currently produce significant income as well as prospective future fortunes. Livestock include herds of purebred Brangus breeder cattle and award-winning horses. Ranch equipment and more are offered in the turn key sale. The Richard Wallrath Educational Foundation, established in 2006, is slated to receive the majority proceeds of the multi-million dollar ranch sale and distribute between the 4-H Youth Development Foundation and FFA, previously Texas Future Farmers of America. The sale includes 100% of all oil and gas well rights, existing and future royalty income streams, approximately 1,000 head of purebred cattle, and more. Champion Ranch Oil and Gas: - 100% of owned mineral rights and oil & gas income convey, no reservations. - 36 ranch wells - 16 producing wells. 12 horizontals / 4 verticals Champion Ranch Cattle: - Brangus Cow Calf Operation - Ranch Capacity: 1,200 Head during normal rainfall and temperate years Champion Ranch Water Sources: - 14 working water wells (not including oilfield) - 3 artesian wells - 1 78 acre lake, stocked with bass & catfish - 20+ smaller lakes & ponds throughout the ranch (most stocked with bass & catfish) Live Water: - Keechi Creek runs through the middle of the ranch (North to South) - Beaver Creek runs northern boundary of the ranch - A natural wetland is located on the NE corner of the ranch Champion Ranch Improvements: Main House - 3,992 sq. ft., Built 2002, 3 bed/2 bath - Car Port (960 sq. ft.) - Guest Quarters (660 sq. ft.) - Weight Room (600 sq. ft.) - Office/Museum (1,600 sq. ft.), Built 2014 - Swimming Pool Second Owners House (Yellow House) - 4,500 sq. ft., Built 2014, 4 bed / 3.5 bath Manager's House - 2,698 sq. ft., Built 1978 - Car Port (532 sq. ft.) - Metal Shop / Covered swimming pool (1,290 sq. ft.) - Bath house (744 sq. ft.) Camp House - 2,676 sq. ft., Built 2012, 2 bed/2 bath - This Bunkhouse/Guesthouse sleeps 16+ people with family room, kitchen, breakfast bar, dining area, utility room with washer, dryer, and storage, "unused" smoke house, picnic pavilion with BBQ pit, concrete sidewalks, and burn pit with overlooking view. Cattle Manager's house (White House) - 1,812 sq. ft., Built 1958, 4 bed/3 bath - Wood frame house with carport and several out buildings, paved driveway, fully fenced. 4 Ranch Houses - 1,400 sq. ft., Built 1994-2008, 3 bed/2.5 bath - Laundry room, office area, kitchen with breakfast bar, dining area, and family room. Ranch House - 1,400 sq. ft., Built 1984, 2 bed/2 bath - Remodeled, laundry room, kitchen, dining area, and family room. Ranch Buildings: Horse Barn and Stables - 11,800 sq. ft., Built 2008 - apartment living quarters and bath, 2 offices, tack room, bathroom, music control room, horse wash area, horse walker, round working pen, paved drive and parking. Covered Arena - 52,500 sq. ft., Built 2001 - grand stands, rodeo bucking chutes, pens, paved entry Sales Arena - 2,160 sq. ft., Built 2001 - Livestock auction style sale arena with theater type seating, ticket/bookkeeping office area. Pens connect with covered arena, paved drive entry, central air & heat. Saloon - 2,208 sq. ft., Built 2012 - 2 bathrooms, seats 130 people, dance floor, large bar and back bar, piano, bandstand, sound system for bands or public speaking, large covered porch with lounge chairs and tables, central air and heating, ceiling fans, fully furnished. Main Office - 2,400 sq. ft., Built 1992 - 2 bathrooms, conference room, 2 large offices, 2 smaller offices, reception desk and reception area with seating, fully furnished, central air and heat, internet and satellite services, electric entry gate, paved entry and parking, covered porch with rocking chairs. Covered Working Barn with Pens - 26,090 sq. ft., Built 1984 - Remodeled several times since it was built, bathroom, tack room, feed room, horse stalls, hydraulic working chutes and numerous sorting pens. Paved entry and parking, 18-wheeler and cattle trailer loading area, and numerous outside holding pens. Peach Barn - 6,250 sq. ft., Built 2012 - With apartment living quarters, 2 baths, 2 walk-in coolers, 4 large "roll-up" doors, covered parking, electric gate, white rock entry and parking, peach processing table for washing and sort Tractor Equipment Shed and Shop - 2,880 sq. ft., Built 1984 - Shop with tools for working on equipment, overhead fuel tanks, overhead bulk feed bins, pipe racks for pipe storage, paved entry and parking. Office Shop - 1,800 sq. ft., Built 1980's - Ranch maintenance storage area and shop for lawn mowers, carpentry tools, lumber, etc. Smoke House & Processing Facility - 500 sq. ft.
IX Ranch
59,889.00 acres
The IX Ranch is a legacy ranch it is huge, has a long history of stable ownership and a respected reputation in reputation ranch country. Its central Montana location is 80 miles northeast of Great Falls and adjacent to the town of Big Sandy. The current owners are the second owners in the ranchs 128-year history. This professionally managed operation runs a cattle herd of 4,300. They currently winter around 3,375 bred females, 120 3-year-and-younger bulls and ranch horses, together with 4,000 tons of winter feed. In the spring, around 650 of the previous years heifer calves will return to the ranch for breeding from a grow-lot near Billings. The operation covers over 126,305+/- acres, of which 59,889+/- is deeded and the majority of the balance being State grazing leases. It is well improved, with accommodations for a full crew including a manager, as well as comfortable quarters for guests. Besides its position as one of Montanas great cattle ranches, the IX boasts large populations of elk, mule deer, whitetail deer, antelope, mountain lion, and five species of upland birds. It is also a scenic ranch boasting a diversity of habitat types from productive meadows to rolling hills which give way to steeper mountain country with scatterings of aspens and evergreens.
Big Wyoming Ranch
150,085.00 acres
The Big Wyoming Ranch is a combination of three large, low-overhead grass ranches, all of which are easily-accessible year-round via well-maintained graveled county roads. The ranch consists of 91,746+ deeded acres, 8,240± State of Wyoming lease acres, 33,560± Thunder Basin National Grassland permit acres, and 16,539± BLM lease acres for a total of 150,085+ acres. Historically, the Big Wyoming Ranch has been used as a year-round cow/calf operation and is owner-rated for an average of 3,660 pairs plus bulls and ranch horses. The ranch is well watered and consists of several solar wells, submersible wells, windmills, reservoirs and live water that provide ample water for livestock and wildlife. Grazing is maximized with cross-fencing and underground pipelines to provide stock water strategically throughout the ranch. Improvements include twelve houses, shops, storage buildings, barns, several additional livestock sheds and other outbuildings, and several sets of working corrals. The Big Wyoming Ranch a superb, low-overhead grass ranch with extensive variety of wildlife that includes mule deer, whitetail deer, antelope, elk, wild turkeys, and a several species of small game.
6277 Acres | Montgomery County Transition
6,277.00 acres
Montgomery County Transition 1st time open market offering. Large tract in the heart of Houston metro expansion/development and Montgomery County, TX. Half way between Interstate 45 and Interstate 69 (US 59). North of FM 242, NE of The Woodlands, TX, SE of Conroe, TX. Transition forestry property with big frontage and multiple points of access. Managed timberland in excellent condition with ongoing management practices. Located in the Conroe ISD and Splendora ISD within a few minutes of schools. Residual out tracts scattered throughout, see Out Tracts Summary document below. Access can be obtained along Timber Switch Road Investors/developers, this property falls within an Opportunity Zone!
Spring Gulch Ranch
580.00 acres
Spring Gulch Ranch CALL FOR OFFERS All interested parties and qualified persons should contact Icon Global Group as soon as possible via email or call 214.855.4000 to register for a bid package and for the stalking horse bid guidelines. ABOUT Spring Gulch Ranch represents an investment and lifestyle opportunity like no other in Jackson Hole. A rare and significant 600- acre parcel set within a 19-million-acre ecosystem in the heart of one of Americas most coveted destination towns, Jackson Hole, in Americas number one rated tax advantaged states, Wyoming. Really? Yes really! Ranch or estate living within 10 minutes of a town with art, music and fine dining, 10 minutes to an airport, 10 minutes to world class skiing, golf, fishing and short drives in every direction to incredible national parks and a plethora of outdoor and healthy lifestyle activities. 3 minutes to the prestigious world renowned Amangani Hotel. Spring Gulch Ranch has been entitled to develop six estates on land parcels ranging from 35.5-acres to 162-acres, or a new owner could choose to build nothing and instead revert the land to ranching and conservation (tax credits possibilities) and watch the cows graze and wildlife thrive! Or perhaps something in between? Maybe, one home on the range overlooking a bucolic ranch and the unspoiled valley below framed by the Tetons, Sleeping Indian and the Snake River. Anythings Possible You Choose Whats Your Vision? Its Selling Now!
Berry Farm
6,322.00 acres
The Berry Farm is 6,322 +/- acres located in Charlotte County, Florida. This property consists of 1000 net tree acres of high quality orange grove, 2000 net irrigated farm acres, a citrus nursery that is producing 350,000 trees a year, 2 vegetable packing houses with one equipped with an icehouse, and 3000 acres of pasture that can be used for recreation and supports 300 brood cows. The farm has excellent access to County Road 74 (Bermont Road) which makes travel to Punta Gorda and Fort Myers very easy. This property will be an excellent purchase as an owner operated agriculture operation or a great investment opportunity.
Swenson Family Flat Top Ranch
41,000.00 acres
This property has been recently reduced from $1200 per acre to $985. The Flat Top Division of the legendary Swenson Ranch was established in 1853 – 1854 and the ranch contains 41,000 ± acres. Elevations on the ranch range from approximately 1,600’ feet to around 1,750’. The terrain over the eastern portion of the Flat Top Ranch is described as nearly level to gently rolling and sloping towards several noticeable drainages, all draining to the northeast. A very prominent elevated mesa, known as Flat Top Mountain, is located on the west-half of the ranch. The elevation change from the country below the mesa top to the country on the upper edge of the mesa is approximately 100 feet. The east face of the mesa is steep and rocky, but much of the mesa top is level and gently sloping. Views from the mesa edge are very impressive. To the west of the large mesa top, the level country transitions to header draws, becoming deeper canyon drainages, all flowing to the northwest to the Double Mountain Fork of the Brazos River. Native grass cover is considered to be good to excellent over much of the property. Principal native grasses include several varieties of bluestem, side oats grama, Texas winter grass, Arizona cottontop, blue grama, buffalo grass, tobosa, vine-mesquite, western wheat grass and sand drop seed. With favorable winter moisture, wildrye and filaree are abundant over major portions of the ranch. Approximately 6,300 acres are in cultivation, scattered over about a dozen fields throughout the ranch. All of the cultivated land is farmed on a dryland basis, principally farmed in wheat for seasonal grazing of livestock. With large areas of the ranch having very productive soils, it is estimated that an additional 10,000 acres could be broken out and farmed, if desired. With normal precipitation, this area of Texas is considered desirable wheat pasture country. LOCATION The ranch is generally located immediately west of Stamford, Texas, but two small non-contiguous tracts are located north and east of Stamford. Access to all major portions of the ranch are by paved highways and county roads. The ranch has an extensive network of well-maintained private ranch roads, making the property very accessible overall. Abilene, Texas is approximately 40 miles south of the ranch, with Fort Worth being approximately 180 miles to the east and Lubbock being approximately 140 miles to the northwest. The ranch is located on the Texas Rolling Plains, which is an area widely recognized for ranching, farming, mineral production, and in more recent years, outstanding hunting. HISTORY The historic Swenson Ranches trace their origin to Svante Magnus Swenson, the first Swedish immigrant to arrive in Texas, landing near what is now Galveston in 1838. The famous SMS brand, with two backward S’s was one of the first registered in Texas and was derived from Swenson’s initials. Swenson, a close ally of Sam Houston, played an active role in the state’s early history. He served as Travis County Commissioner in the 1850’s and as the first Treasurer of the State Agriculture Society. Swenson opened one of the first stores in Austin, introduced the Colt revolver to the frontier, and established the Swedish Pipeline which brought thousands of Swedish families to settle in Texas after the Civil War. A cabin from Swenson’s farm east of Austin, called Govalle, is enshrined today at Zilker Botanical Gardens in Austin as part of the Swedish Pioneer Village. By 1850 Svante had established himself in the general merchandise business in Austin. His large frontier trading post traded saddles, boots, blankets and many other supplies. Through his trading, Swenson began acquiring substantial amounts of land. Swenson also invested in railroad bonds and school bonds which entitled him to even more acreage. By 1860 Swenson had accumulated over 680,000 acres in Texas, much of it the unsettled territories on North Texas, north of Abilene. It was from these lands that the Flat Top Ranch was organized and is still owned by S.M. Swenson’s direct descendants. Because he was an ally of Houston’s and a vocal opponent of secession from the Union, Swenson was nearly assassinated at the beginning of the Civil War. With continuing threats on his life, he fled to Mexico in 1863 hidden under straw in a covered wagon. After the Civil War he settled in New York City where his wife and children joined him. He sold off his holdings around Austin, but maintained ownership of the land in the northern parts of Texas. In 1882 these lands were fenced and organized by Swenson’s sons, Eric and Swen Albin, and the vast ranching operations began. Initially the sons leased the ranches from their father and when Svante died in 1896, they inherited the properties. At this time there were three ranches: Ericsdahl, Eleonora and Mount Albin. The Ericsdahl Ranch which was located 7 miles east of Stamford was split up and sold to Swedish immigrants in the early 1900’s. Eleonora became known as the Throckmorton Ranch because it was in that county. The Mount Albin Ranch became known as the Flat Top Ranch because of a prominent mesa on the property. This is the ranch that Chas. S. Middleton and Son, LLC, has for sale today. The Swenson brothers hired one of S.M. Swenson’s nephews as the first manager of the overall operations. He was responsible for stocking the ranches and overseeing the construction of the headquarters, barns, and corrals, as well as the drilling of water wells. The first herds were comprised of 1,800 high-grade Durham Shorthorns and 180 Hereford-Shorthorn crosses along with registered Hereford bulls. The original remuda was driven up the Chisolm Trail from Round Rock, Texas where many Swedes had settled. The horses were a mix of Spanish and Arabian stock. The first ranch hands were mostly Swedish immigrants who had settled first in towns around Austin, like Round Rock, New Sweden and Elgin and many others came directly from Sweden. The ranches continued to grow as the family purchased the Scab 8 Ranch in 1900, adding another 79,000 acres of land to their holdings and renamed it the Tongue River Ranch. In 1906 they purchased the Espuela Ranch with other partners which gave them access to over 200,000 acres more. This ranch became the Spur Ranch and while much of it was sold off in the 1920’s, the family still owned 65,000 acres of it until the 1970’s. In order to make it easier to get their cattle to market, the Swenson brothers convinced the Texas Central Railroad to extend its rail line from Albany, Texas, 38 miles to the east, to the place that is now Stamford, Texas. The family donated the initial 640 acres from the Flat Top Ranch for the town and helped lay it out. The present headquarters for the Swenson Land & Cattle Co, was built in the town, on Swenson Street, in the 1920’s. Some of the property that is part of the Flat Top Ranch remains inside or adjacent to the town limits, including a recent purchase of about 132 acres that contains substantial cattle pens for feeding, weaning, etc. The Texas Cowboy Reunion Rodeo grounds, still the largest working cowboy rodeo in the US, was founded in Stamford by the Swenson heirs in 1930 on land that they also donated from their Flat Top holdings. In 1902 the Swenson brothers hired Frank S. Hastings as manager of their far-flung ranches and over the next two decades committed to the breeding and improvement of the SMS cattle. Under Hastings’ supervision, SMS became among the first ranches to participate in the “mail order” calf business. The cattle won many awards and developed a reputation for quality that remains today. Eric Swenson, Svante’s oldest son, remained as president of the ranches until his death in 1945. He was succeeded by one of his sons, Swen R. Swenson. In 1978 the holdings totaling over 250,000 acres were divided among four family groups. Three of the groups have since sold their ranches. The remaining group, whose land includes the Flat Top Ranch, was headed by Bruce B Swenson, one of Swen R. Swenson’s sons, and included Bruce’s brothers, Rod and Perry Swenson. The three brothers have passed away and the company that owns the Flat Top Ranch is now the Swenson Land & Cattle Co. and is chaired by Steve Swenson, one of Bruce’s sons. All the board of directors and shareholders are descendants of Svante Magnus Swenson. In recent years Swenson Land & Cattle has continued as a strong cow/calf operator and almost always gets the highest price for its class of cattle at Superior Livestock Auctions and other venues. Cattle buyers for Whole Foods have purchased the ranch’s cattle over the last 5-6 years. As a result, the Global Animal Partnership (GAP), Whole Food’s third party certification partner, has made on-site inspections of the ranch’s operations twice in the last 5 years. The ranch received a GAP 4 rating indicating it uses best practices for humane treatment of its cattle for an operation of this size. The ranch hands, now headed by Mark Voss, have won several ranch rodeo competitions over the past several years in places like Wichita Falls and Abilene. Wildlife is abundant at Flat Top and hunting leases have contributed substantial revenue in the past 10 years or so. The company sells a small amount of cattle to Svante’s Ranch Direct, a company owned by several S.M. Swenson descendants. They sell grass finished beef through farmers markets, a web site and food truck in the Austin area. As the years have gone by and the family tree continues to grow, shareholders have become more and more dispersed throughout the US and their interests have become more diverse. With many shareholders now in their mid-to late 60’s, the board reluctantly voted to sell Flat Top in order to provide some liquidity to those who wanted some. Selling Flat Top was not an easy decision for the family especially knowing that this heritage that traces directly to S.M. Swenson would pass from his great great-grandchildren and future descendants. However, the family has concluded that this the right time in their lives to do this. Sources: Clark, Mary Whatley - The Swenson Saga and the SMS Ranches (Austin, Texas: Jenkins Book Publishing Co. 1976); Baize, Wayne – Swenson Land & Cattle Company (2014); Anderson, H. Allen - SMS Ranches (Texas State Historical Association) WATER FEATURES The Double Mountain Fork of the Brazos River flows in a northeasterly direction through the ranch for approximately seven miles. Large tree cover is common along the river bottom with cedar found along the ridgelines and canyon side slopes. This area of the ranch is considered very scenic and offers great recreational appeal. Additionally, there are a number of smaller seasonal creeks throughout the property. The ranch is well watered by over 40 water wells, being a combination of windmills and electric submersible wells. These water sources distribute water to an extensive network of approximately 25 miles of waterlines and over 100 drinking troughs. Other water sources include approximately 140 earthen ponds, some of which are seasonal, with others being very large and considered to be a desirable year-round source of livestock water. Overall, the ranch is considered to be well watered. LIVESTOCK/CATTLE OPERATIONS Historically, the Flat Top Division of the Swenson Ranch has been operated as a cow/calf operation. Depending on weather conditions, the ranch is typically stocked with 850 – 1,000 mother cows, plus bulls and replacements. The ranch maintains a quality cow herd and while the cattle are not included in the sale, they are available to be purchased at market price. Current livestock inventory is approximately 855 bred cows, 90 bred heifers and 70 bulls. HUNTING, WILDLIFE AND RECREATION The Flat Top Division offers great hunting opportunities, including white tail deer, quail, dove, feral hogs and seasonal water fowl. Fishing is available in the river and several of the larger ponds. IMPROVEMENTS The ranch owns a small grow yard located just west of Stamford. The pens are of pipe construction with complete working facilities, scales and some covered pens. This tract has some adjoining pasture and farmland, which compliments the grow yard. The property is adequately improved for the day to day ranching operation. In addition to the grow yard, other structural improvements include the main headquarters, the Taylor Camp, the Farm Center, and approximately 17 sets of livestock shipping/working/branding pens. The headquarter improvements consist of the ranch manager’s home, several employee houses, barns, horse stalls and a large set of livestock shipping pens, which are equipped with scales. The Taylor Camp is improved with a camp manager’s home, bunk house and shipping pens equipped with scales. The Farm Center improvements include a metal barn/shop with a fenced area for housing farm equipment and fuel. The Flat Top Division of the Swenson Ranch is fenced and cross fenced into many multiple pastures, and most all of the fences are considered to be in average to above average condition. Totally, there are approximately 166 miles of fencing on the ranch. RESOURCES There is scattered oil production on the ranch. The original oil production was first discovered in the early 1950’s and some of this original production is still producing. In 1978, as briefly mentioned in the History of the Swenson Ranches, the four Swenson Families agreed to partition all of the ranches into four separate family divisions. After the ranches were partitioned, the three other families began selling off their divisions. At the time of this partition, each division of the Swenson Ranches had all or most all of the minerals intact. Each of the four families received one-quarter of the minerals under each of the four divisions. That being the case, the Swenson Family members owning the Flat Top Division have approximately 25% of the minerals under this ranch. Current royalty income is fairly substantial. New drilling is now underway, and recent development would suggest the possibility of a substantial new income source from oil. Since it is very difficult to determine the present value and future potential of the minerals, the family has elected to negotiate on the mineral conveyance based on the final offering price for the property. Based on the family owning approximately 25% of the minerals under the Flat Top Division, current royalty income is approximately $200,000 per year on the original production and approximately $600,000 per year on the newly discovered production. In addition to the income derived from the cattle operation and farming income, other sources of income include hunting lease revenue, periodic surface damage income and income derived from oil and gas leases and oil and gas royalty production. The hunting is leased on a year to year basis and can be extended if a buyer is not interested in hunting, or terminated, if the buyer wants possession of the hunting. The ranch just negotiated a gas pipeline easement crossing approximately 7 miles of the ranch. This pipeline has just been installed and the utility company has re-seeded this easement with grass. The ranch collected $1,300,000 for this easement. While there are no major electric transmission lines currently located on the ranch, many large wind farm developments and transmission lines are located throughout this region of Texas. With this in mind, the owners of the Flat Top Division propose to reserve 25% of any future wind energy royalty income, but the purchaser of the ranch will have full control of negotiating any future wind energy leases. PRICE AND REMARKS The Flat Top Division of the Swenson Ranch is very reasonably priced at $985 per acre. It is very seldom that a ranch of this magnitude and history becomes available in this area of Texas. The owners of the ranch are currently in the process of surveying the entire property in order to establish the exact acres of the ranch. This survey is being paid for by the owners. Property taxes are approximately $63,000 per year or about $1.50 per acre. BROKER COMMENTS The ranch is generally operated with approximately eight full-time employees. In addition to the very knowledgeable ranch manager, there is clerical help at the office in Stamford along with additional farm/ranch employees, including the Taylor Camp manager. All together this efficient staff keeps the books, pays bills, manages the day to day farming and ranching operation, maintains the property and meets with the family on a regular basis. As the broker selected to market this property, it is apparent the current employees are a valuable asset to the ranch and a buyer of this property should strongly consider keeping everyone on board. All employees are anxious to remain with the ranch. This long-term ownership ranch has not been offered for sale throughout the 165-year history of the property. This first time offering of the Swenson Flat Top Ranch is an historic opportunity to own a quality working cattle ranch, which includes an extensive farming operation that can be expanded, if desired. In addition to farming and ranching, the property offers excellent hunting opportunities, potential future wind farm development, periodic surface damage income, and the potential to share in some portion of the mineral income.