Dumas Hampton Inn - 2010 South Dumas Avenue, Dumas, TX 79029

PROPERTY LOCATION

From the intersection of Hwy 87/287 and Route 152, downtown Dumas, Travel west on Hwy 87 13.4 miles to Chain C Road. Turn right (north) on Chain C Road and travel 3 miles to the property.

AUCTION LOCATION

Rita Blanca Coliseum, 1219 W FM 281 Dalhart, TX 79022.

From the southeast side of Dalhart Hwy 385 & FM 281, travel west on FM 281approximately 1.2 miles to the auction location.

TRACT DESCRIPTIONS

Tract 1: 640 ac

Section: 418

FSA Cropland Acres: 610.29

Approx. Irrigated Acres: 500+/-

2015 FSA Wheat Acres: 250

Improvements/Irrigation/Description: 1995 18-Tower Valley

Tract 2: 640 ac

Section: 423

FSA Cropland Acres: 632.07

Approx. Irrigated Acres: 371+/-

2015 FSA Wheat Acres: 190

Improvements/Irrigation/Description: 1999 18-Tower Valley

Tract 3: 960 ac

Section: 382, E/2 381

FSA Cropland Acres: 948.77

Approx. Irrigated Acres: 750+/-

2015 FSA Wheat Acres: 375

Improvements/Irrigation/Description: 1993 17- Tower Zimmatic, 1993 7-Tower Zimmatic, 1985 8-Tower Zimmatic

Tract 4: 960 ac

Section: 377, N/2 338

FSA Cropland Acres: 941.1

Approx. Irrigated Acres: 749+/-

2015 FSA Wheat Acres: 249.6

Improvements/Irrigation/Description: 1997 18- Tower Reinke, 1980 7-Tower Valmont, 1980 8-Tower Valmont

Tract 5: 1,920 ac

Section: 376, 375, 339

FSA Cropland Acres: 1857.96

Approx. Irrigated Acres: 984+/-

2015 FSA Wheat Acres: 245.47

Improvements/Irrigation/Description: 2002 18-Tower Reinke, 1995 18-Tower T-L, this tract includes 548.7 acres CRP paying $38.91/ac through 9/30/2015

Tract 6: 1,280 ac

Section: 374, 341

FSA Cropland Acres: 1259.37

Approx. Irrigated Acres: 997+/-

2015 FSA Wheat Acres: 248.09

Improvements/Irrigation/Description: 1999 18-Tower Reinke, 1991 19-Tower Reinke

Tract 7: 640 ac

Section: 373

FSA Cropland Acres: 633.39

Approx. Irrigated Acres: 503+/-

2015 FSA Wheat Acres: 250

Improvements/Irrigation/Description: 1997 18-Tower Reinke

Tract 8: 1,920 ac

Section: 340, 333, 334

FSA Cropland Acres: 1878.23

Approx. Irrigated Acres: 1502+/-

2015 FSA Wheat Acres: 500.50

Improvements/Irrigation/Description: 2012 8-Tower Reinke, (2) 1997 18-Tower Reinke, (2) 1997 8-Tower Reinke, 1985 8-Tower T-L

Tract 9: 960 ac

Section: 335, S/2 338

FSA Cropland Acres: 701.72

Approx. Irrigated Acres: 131+/-

2015 FSA Wheat Acres: 125

Improvements/Irrigation/Description: Older headquarters location including shop, apartment and (6) old steel grain bins, 1980 10-Tower Reinke

Tract 10: 640 ac

Section: 337

FSA Cropland Acres: 628.03

Approx. Irrigated Acres: 496+/-

2015 FSA Wheat Acres: 247.89

Improvements/Irrigation/Description: 1997 18-Tower Zimmatic

Buyers of tracts with growing wheat will have the rights to harvest. Please contact Auction Company for more information.

Buy any tract, combination of tracts or buy the entire property! A rare investment opportunity with 10,560+/- acres. The portfolio includes a high percentage of tillable acres with excellent soils and a high percentage of irrigated acres.

Contact Auction Company for Detailed Information Booklets for each property with additional Due-Diligence Materials, including information such as: soil maps, water information, permits, tax information.

ONLINE BIDDING AVAILABLE

You must register by March 19th to bid online. For information on registering for online bidding, call Schrader Auction Co. - 800-451-2709.