FRASER RANCH FORT WORTH, TARRANT COUNTY, TEXAS. ACREAGE ± acres Tract 1: ± acres, Tract 2: ± acres

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Trail way FRASER RANCH FORT WORTH, TARRANT COUNTY, TEXAS Tavolo ACREAGE ±332.124 acres Tract 1: ±95.571 acres, Tract 2: ±236.553 acres Dr Summer Co LOCATION Property is located on the Southside of, West of Old Granbury Road 1 Mile West of the intersection of. and Trail way 12 Miles from downtown 30 Miles from Dallas/ International Llano Springs Risinger Rd ADDRESS 10000 Old Granbury Road,, Tarrant County, Texas 76036 SCHOOL DISTRICT Crowley Independent School District PRICE $8,300,000.00 ($25,000/acre) S MUNIICIPALITY City of Extra Territorial Jurisdiction AT and SF Railroad Walton Tarleton State Trail Rock SURROUNDING DEVELOPMENTS The subject tract is located within close proximity to several major active development projects including: Trail is a ±600 acre mixed use master plan project including residential and big box commercial development. Walton/Rock is a ±2,000 acre master planned community being developed by Walton International, including an 80 acre Tarleton State University Campus Tavolo is a ±1,000 lot mixed use residential community including a grocery anchored shopping center. COMMENTS Located southwest of downtown, with direct access to the Trail way, Fraser is well positioned to be the next single family residential community in the growing Southwest market. The Crowley submarket currently has less than a year supply of vacant developed lots on the ground today. The demand for affordable, residential communities in this sub-market is large. The subject tract, when developed, will provide much needed relief to this lot-constrained market. Less than 1 mile from Fraser is Benbrook Lake and. Within the park you have access to a boat ramp, fishing, camping, hiking and equestrian trails. Landry Burdine lburdine@landadvisors.com Austin Reilly areilly@landadvisors.com 500 Main Street, Suite 600,, Texas 76102 ph. 214.550.1550 www.landadvisors.com The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. TXTA01825-12.19.17

REGIONAL MAP Springtown Bear 20 Projects Active Conceptual Future Non-Residential 0 2 4 Miles Deer Ridge Estates Morningstar 377 Azle er County Tarrant County Walsh E a g l e M o u n t a i n L a k e TU199 Haywire Lake Worth Mira Vista Country B e n b r o o k Club R e s e r v o i r Tarrant County Johnson County Marine Saginaw 81 Meacham International TU183 Crowley 35W Heritage Burleson eller Haltom City Richland Hills TU114 Southlake Colleyville Hurst Bedford 30 80 Team 377 Federal Benbrook 20 Records Center 20 Bella Flora Chappell Bonds Eagle Ridge Summer Trail Sendera Trails Alliance North Medical District Oak Grove 35W TU170 Mercantile Center 377 Circle T Hidden Lakes North Richland Hills River Bend 820 287B TU 26 TU121 Timarron 30 TU180 287 TU496 TU 10 Mansfield Arlington Mansfield Industrial Grapevine Coppell Dallas International TU360 TU 97 Euless Viridian TU303 TU360 The Highlands M3 Centre Port Tarrant County Dallas County Wildflower Resort Mira Lagos Windsor Hills 635 Stellar Way Lockheed Martin TU161 Las Colinas J o e P o o l L a k e TU183 Great S. W. Industrial Midpoint Six Flags Grand Prairie South Pointe Westchester 67 Dallas County Ellis County Hocim Cement

SURROUNDING DEVELOPMENT MAP Whitestone Heights VDL Inventory (VDL): 7 Future Lot Supply: 62 Whitestone Benbrook Rd Winsc ott L a keside Dr Mira Vista Country Club Dirks Rd Tavolo Randall Hu Granbury Rd Ridgeview Future Lot Supply: 103 Summer Meadows Future Lot Supply: 37 Walton Ave Armory FM 731 820 Edgecliff Village Federal Records Center South Fw y 35W Carter Industrial Lake Ridge Addition VDL Inventory (VDL): 5 Deer Wood Forest VDL Month Supply: 12 Mustang Pointe VDL Inventory (VDL): 9 Subdivisions Rail Projects Active Future FM 2331 Mustang Estates VDL Month Supply: 8.7 VDL Inventory (VDL): 8 Non-Residential 0 0.5 1 VDL Inventory (VDL): 74 Buffalo Run Future Lot Supply: 7 FM 1187 Llano Springs VDL Month Supply: 2.8 VDL Inventory (VDL): 22 Future Lot Supply: 948 Villages of Sunset South Future Lot Supply: 253 Walton Tarleton State Clements Pond Estates Future Lot Supply: 45 Rock Llano Springs Trail Hampton Meadows Addition VDL Inventory (VDL): 10 Future Lot Supply: 20 Mayfair Estates VDL Inventory (VDL): 32 Future Lot Supply: 73 Summer Panther Heights VDL Month Supply: 21 VDL Inventory (VDL): 23 Summer South VDL Inventory (VDL): 90 Summer Future Lot Supply: 513 Claire Ridge Estates Future Lot Supply: 40 Trails Crowley Bridges of Deer Future Lot Supply: 347 Garden Springs Addition VDL Inventory (VDL): 8 Future Lot Supply: 161 side (Crowley) Future Lot Supply: 326 Lasater VDL Inventory (VDL): 5 Future Lot Supply: 141 Meadow South VDL Month Supply: 1.3 VDL Inventory (VDL): 7 view Estates (Ft Worth) VDL Inventory (VDL): 2 Future Lot Supply: 758 Rainbow Ridge VDL Month Supply: 12 VDL Inventory (VDL): 68 Future Lot Supply: 766 Wellington Point VDL Month Supply: 7 VDL Inventory (VDL): 27 Future Lot Supply: 121 Crowley Rosemary Ridge Addition VDL Month Supply: 12 VDL Inventory (VDL): 6 Future Lot Supply: 549 Alsbury Blvd TU 174 35 Burleson Oak Grove Burleson Spinks Miles

Trail way SURROUNDING AREA MAP Holiday Tavolo B e n b r o o k R e s e r v o i r Dr Summer Columbus Trl Hulen St Llano Springs Risinger Rd Summer Mustang Trail Projects Active Future 0 0.25 0.5 AT and SF Railroad Walton Tarleton State Rock Miles

Fm 1902 Fm 1902 PROPERTY DETAIL MAP St Francis Village Rd Old Granbury Rd AT And SF Railroad Rd TRACT 2 TRACT 1 Stewart Feltz Rd 0 400 800 Feet

Fm 1902 Fm 1902 PROPERTY DETAIL, CONTOUR & FLOODPLAIN MAP 790 ft 770 ft 770 ft St Francis Village Rd Old Granbury Rd 750 ft 770 ft AT And SF Railroad 790 ft 810 ft 820 ft 830 ft 840 ft 760 ft 720 ft Rd 730 ft 740 ft 760 ft 800 ft Stewart Feltz Rd 10ft Contour 100 Year Floodplain 0 400 800 Feet

INFORMATION ABOUT BROERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS: A BROER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROER S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker s own interests; Inform the client of any material information about the property or transaction received by the broker; Answer the client s questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner s agent must perform the broker s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer s agent must perform the broker s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker s obligations as an intermediary. A broker who acts as an intermediary: Must treat all parties to the transaction impartially and fairly; May, with the parties written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose: that the owner will accept a price less than the written asking price; that the buyer/tenant will pay a price greater than the price submitted in a written offer; and any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. Regulated by the Texas Real Estate Commission. Information available at www.trec.texas.gov. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s duties and responsibilities to you, and your obligations under the representation agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker s services. Please acknowledge receipt of this notice below and retain a copy for your records. Texas Land Advisors, LLC 480619 214-550-1550 Licensed Broker/Broker Firm Name or License No. Email Phone Primary Assumed Business Name Landry Burdine 471674 lburdine@landadvisors.com 214-550-1550 Designated Broker of Firm License No. Email Phone Licensed Supervisor of Sales Agent/ License No. Email Phone Associate Austin T. Reilly 591133 areilly@landadvisors.com 214-550-1550 Sales Agent/Associate s Name License No. Email Phone Buyer/Tenant/Seller/Landlord Initials Date THE TEXAS REAL ESTATE COMMISSION (TREC) REGULATES REAL ESTATE BROERS AND SALES AGENTS, REAL ESTATE INSPECTORS, HOME WARRANTY COMPANIES, EASEMENT AND RIGHT-OF-WAY AGENTS, AND TIMESHARE INTEREST PROVIDERS YOU CAN FIND MORE INFORMATION AND CHEC THE STATUS OF A LICENSE HOLDER AT WWW.TREC.TEXAS.GOV YOU CAN SEND A COMPLAINT AGAINST A LICENSE HOLDER TO TREC - A COMPLAINT FORM IS AVAILABLE ON THE TREC WEBSITE TREC ADMINISTERS TWO RECOVERY FUNDS WHICH MAY BE USED TO SATISFY A CIVIL COURT JUDGMENT AGAINST A BROER, SALES AGENT, REAL ESTATE INSPECTOR, OR EASEMENT OR RIGHT-OF-WAY AGENT, IF CERTAIN REQUIREMENTS ARE MET IF YOU HAVE QUESTIONS OR ISSUES ABOUT THE ACTIVITIES OF A LICENSE HOLDER, THE COMPLAINT PROCESS OR THE RECOVERY FUNDS, PLEASE VISIT THE WEBSITE OR CONTACT TREC AT: TEXAS REAL ESTATE COMMISSION P.O. BOX 12188 AUSTIN, TEXAS 78711-2188 (512) 936-3000