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Page 2 of 8 3. South 46 024'24" West, a distance of 183.31 feet to a 1/2" rebar with plastic "Chaparral Boundary" cap found for the east corner of a 5.224 acre tract described in a deed of record in Book 251, Page 959 of the Deed Records of Hays County, Texas; THENCE continuing with the southeast line of the 160.033 acre tract, same being the north line of the said 5.224 acre tract, the following two (2) courses and distances: 1. North 53 035'40" West, a distance of 283.89 feet to a 1/2" iron pipe found; 2. South 51 °36'26" West, a distance of 703.19 feet to a 1/2" iron pipe found at the south corner of the 160.033 acre tract, same being the west comer of the 5.224 acre tract, also being in the northeast line of a 51.23 acre tract described in Book 276, Page 322 of the Deed Records of Hays County, Texas; THENCE North 45 °27'10" West, with the southwest line of the 160.033 acre tract, same being the northeast line of the said 51.23 acre tract, a distance of 1138.32 feet to a 1/2" rebar found at the southwest corner of the 160.033 acre tract. same being the south comer of a 464.870 acre tract described in a deed of record in Volume 3122, Page 356 of the Official Public Records of Hays County, Texas; THENCE with the southeast line of the said 464.870 acre tract, same being the northwest line of the 160.033 acre tract, the following two (2) courses and distances: 1. North 44 °21'07" East, a distance of 1794.15 feet to a calculated point for an angle point; 2. North 45 °44'03" West, a distance of 932.49 feet to a 1/2" rebar with plastic "PBSBJ" cap found at the south corner of a 5.00 acre tract described in a deed of record in Volume 1197, Page 12 of the Official Records of Hays County, Texas; THENCE North 44 02119" East, continuing with the northwest line of the 160.033 acre tract, same being the southeast line of the said 5.00 acre tract, a distance of 524.98 feet to a 1/2" rebar found at the east comer of the 5.00 acre tract; THENCE North 45 °44'03" West, continuing with the northwest line of the 160.033 acre tract, same being the northeast line of the 5.00 acre tract and the southeast line of the 464.870 acre tract, a distance of 801.48 feet to a 1/2" rebar with plastic "Chaparral Boundary" cap found for an angle point in the common line of the 160.033 acre tract and the 464.870 acre tract; THENCE North 44 °21'07" East, continuing with the northwest line of the 160.033 acre tract, same being a southeast line of the 464.870 acre tract, a distance of 1225.12