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        <QualifyingDistributionsAmt>366220</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>1971</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>364249</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>279696</DistributableAsAdjustedAmt>
        <ExcessDistributionCyovYr5Amt>7390</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr3Amt>457482</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr1Amt>23462</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>488334</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>366220</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>279696</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>86524</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>574858</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>7390</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>567468</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear3Amt>457482</ExcessFromYear3Amt>
        <ExcessFromYear1Amt>23462</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>86524</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
        <TotalGrantOrContriPdDurYrAmt>0</TotalGrantOrContriPdDurYrAmt>
        <TotalGrantOrContriApprvFutAmt>0</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <UnrelatedBusinessTaxblIncmAmt>17</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <UnrelatedBusinessTaxblIncmAmt>26524</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>14</ExclusionCd>
        </DivAndIntFromSecPartVIIGrp>
        <NetRntlIncmReNotDebtFincdProp>
          <UnrelatedBusinessTaxblIncmAmt>370514</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>16</ExclusionCd>
        </NetRntlIncmReNotDebtFincdProp>
        <GainSalesAstOthThanInvntryGrp>
          <UnrelatedBusinessTaxblIncmAmt>256180</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionCd>18</ExclusionCd>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>653235</UnrelatedBusinessTaxblIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>653235</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="STM108">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>18960</Amt>
        <NetInvestmentIncomeAmt>8000</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <ContractorCompensationExpln documentId="STMC01">
      <ContractorCompExplnGrp>
        <ContractorPersonNm>NOVEN FINANCIAL GROUP</ContractorPersonNm>
        <ExplanationTxt>MANAGES MILLIONS IN EQUITY INVESTMENTS FOR THE FOUNDATION.</ExplanationTxt>
      </ContractorCompExplnGrp>
    </ContractorCompensationExpln>
    <DepreciationSchedule documentId="STM126">
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2012-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>1157</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1064</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>93</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COPIER</PropertyDesc>
        <AcquiredDt>2012-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>3307</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3042</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>265</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>AC EQUIPMENT</PropertyDesc>
        <AcquiredDt>2012-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>25266</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20626</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>4419</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DESK</PropertyDesc>
        <AcquiredDt>2012-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>650</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>530</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>114</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>518</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>518</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LAND</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>2426460</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2125 SIDNEY BAKER IMPROVEMENTS</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>48250</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>670</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARP</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>1237</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>113 W YOUNG LLANO IMP</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>31970</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>630</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>727</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER EQUIPMENT</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>2720</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>544</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>870</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>190</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>27</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>47</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>APPLIANCES</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>10000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1429</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2449</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DENTON QUADPLEX REMODEL</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>14689</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>289</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>534</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>7575 KIRBY BLDG</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>135559</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4929</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>4929</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>7575 KIRBY LAND</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>45186</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FURNITURE</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>11998</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1715</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2938</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TODDVILLE REMODEL</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>1054463</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>20773</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>38340</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TODVILLE LAND</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>36959</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TODDVILLE BUILDING</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>332635</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>12096</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>12095</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DENTON QUADPLEX LAND</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>18000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DENTON QUADPLEX BLDG</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>162000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>11782</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>5890</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>KIRBY PROPERTY REMODEL</PropertyDesc>
        <AcquiredDt>2013-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>6930</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>137</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>252</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2125 SIDNEY BAKER BUILDING</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>374046</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9591</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARP</ComputationMethodTxt>
        <LifeRt>39</LifeRt>
        <CurrentYearExpenseAmt>9591</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2125 SIDNEY BAKER LAND</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>93511</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ROCHELLE PROPERTY</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>125830</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LLANO PROPERTY</PropertyDesc>
        <AcquiredDt>2010-01-01</AcquiredDt>
        <CostOrOtherBasisAmt>161710</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>NDA</ComputationMethodTxt>
        <CurrentYearExpenseAmt>0</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>2012 FORD EXPEDITION</PropertyDesc>
        <AcquiredDt>2014-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>28573</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>3160</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FIRE ALARMS 2125 SIDNEY BAKER</PropertyDesc>
        <AcquiredDt>2014-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>3777</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>540</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>DENTON QUADPLEX ROOF</PropertyDesc>
        <AcquiredDt>2014-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>3264</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>64</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TODDVILLE REMODEL</PropertyDesc>
        <AcquiredDt>2014-06-30</AcquiredDt>
        <CostOrOtherBasisAmt>78837</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>ARR</ComputationMethodTxt>
        <LifeRt>27.5</LifeRt>
        <CurrentYearExpenseAmt>1553</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsLandSchedule2 documentId="STM117">
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LAND HELD FOR INVESTMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>2426461</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>2426461</BookValueAmt>
        <EOYFMVAmt>1792488</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>LLANO IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>0</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>0</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>DENTON QUADPLEX</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>197953</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>18559</AccumulatedDepreciationAmt>
        <BookValueAmt>179394</BookValueAmt>
        <EOYFMVAmt>203060</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>KIRBY</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>187675</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>10247</AccumulatedDepreciationAmt>
        <BookValueAmt>177428</BookValueAmt>
        <EOYFMVAmt>215580</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>TODDVILLE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1502894</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>84857</AccumulatedDepreciationAmt>
        <BookValueAmt>1418037</BookValueAmt>
        <EOYFMVAmt>1015718</EOYFMVAmt>
      </InvestmentLandGrp>
      <InvestmentLandGrp>
        <CategoryOrItemTxt>FURNITURE AND APPLIANCES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>21998</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8531</AccumulatedDepreciationAmt>
        <BookValueAmt>13467</BookValueAmt>
        <EOYFMVAmt>13467</EOYFMVAmt>
      </InvestmentLandGrp>
    </InvestmentsLandSchedule2>
    <InvestmentsOtherSchedule2 documentId="STM118">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PUBLICLY TRADED SECURITIES</CategoryOrItemTxt>
        <BookValueAmt>1363690</BookValueAmt>
        <EOYFMVAmt>1483778</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LandEtcSchedule2 documentId="STM119">
      <LandEtcGrp>
        <CategoryOrItemTxt>EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>37585</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>32699</AccumulatedDepreciationAmt>
        <BookValueAmt>4886</BookValueAmt>
        <EOYFMVAmt>4866</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>MAIN OFFICE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>515807</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>21089</AccumulatedDepreciationAmt>
        <BookValueAmt>494718</BookValueAmt>
        <EOYFMVAmt>655859</EOYFMVAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>VEHICLES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>28573</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3160</AccumulatedDepreciationAmt>
        <BookValueAmt>25413</BookValueAmt>
        <EOYFMVAmt>25413</EOYFMVAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="STM107">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL</CategoryTxt>
        <LegalFeesAmt>40737</LegalFeesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherAssetsSchedule documentId="STM120">
      <OtherAssetsScheduleGrp>
        <Desc>PRECIOUS METALS</Desc>
        <BOYBookValueAmt>511170</BOYBookValueAmt>
        <EOYBookValueAmt>511170</EOYBookValueAmt>
        <EOYFMVAmt>632117</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>LPTV</Desc>
        <BOYBookValueAmt>150000</BOYBookValueAmt>
        <EOYBookValueAmt>126469</EOYBookValueAmt>
        <EOYFMVAmt>126469</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
      <OtherAssetsScheduleGrp>
        <Desc>RADIO STATION LICENSES</Desc>
        <BOYBookValueAmt>150000</BOYBookValueAmt>
        <EOYBookValueAmt>150000</EOYBookValueAmt>
        <EOYFMVAmt>85000</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherDecreasesSchedule documentId="STM116">
      <OtherDecreasesDetail>
        <Desc>MORE RELAIABLE BASIS INFORMATION</Desc>
        <Amt>16238</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>12 MEALS AND ENT</Desc>
        <Amt>436</Amt>
      </OtherDecreasesDetail>
      <OtherDecreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>2</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="STM103">
      <OtherExpensesScheduleGrp>
        <Desc>BANK FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>2415</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>INSURANCE</Desc>
        <RevenueAndExpensesPerBooksAmt>75490</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>45556</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>4746</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4746</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>WEB DESIGN AND INTERNET</Desc>
        <RevenueAndExpensesPerBooksAmt>3899</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE</Desc>
        <RevenueAndExpensesPerBooksAmt>11003</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>5489</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CANCER AWARENESS CAMPAIGN</Desc>
        <RevenueAndExpensesPerBooksAmt>360000</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>360000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CHARITABLE CONTRIBUTIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>6220</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6220</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>UTILITIES</Desc>
        <RevenueAndExpensesPerBooksAmt>22521</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>22521</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>4325</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>4325</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SECURITY</Desc>
        <RevenueAndExpensesPerBooksAmt>505</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>505</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>635</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>635</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>REPAIRS AND MAINT</Desc>
        <RevenueAndExpensesPerBooksAmt>27099</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>27099</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>AUTO</Desc>
        <RevenueAndExpensesPerBooksAmt>6678</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3378</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>UNRELATED BUSINESS INCOME LOSS</Desc>
        <RevenueAndExpensesPerBooksAmt>7293</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherLiabilitiesSchedule documentId="STM121">
      <OtherLiabilitiesDetail>
        <Desc>PAYROLL LIABILITIES</Desc>
        <BOYBookValueAmt>0</BOYBookValueAmt>
        <EOYBookValueAmt>1418</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="STM109">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT ADVISOR FEES</CategoryTxt>
        <Amt>80814</Amt>
        <NetInvestmentIncomeAmt>80814</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="STM110">
      <TaxesDetail>
        <CategoryTxt>PAYROLL</CategoryTxt>
        <Amt>15603</Amt>
        <NetInvestmentIncomeAmt>7802</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>REAL ESTATE</CategoryTxt>
        <Amt>69835</Amt>
        <NetInvestmentIncomeAmt>69835</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>