SAMPLE OF ACTIVITY IN ARGYLE

For the month of July '08

	Comparative Market Analysis

THIS IS AN OPINION OF VALUE OR COMPARATIVE MARKET ANALYSIS AND SHOULD NOT BE
CONSIDERED AN APPRAISAL. In making any decision that relies upon my work, you should know
that I have not followed the guidelines for development of an appraisal or analysis contained in
the Uniform Standards of Professional Appraisal Practice of the Appraisal Foundation.

Property Type:   Single Family       Status:   Active
Subject Property

Address City BR Bth Gar/
Cp/TCP SqFt Acr Blt PL CDOM Orig Price $/ SqFt List Price LP% OP
308 Oak DR Argyle 2 1.0 0/0/0 672 0.459 1974 N 64 55,900 83.18 55,900 100
206 Collin ST Argyle 3 2.0 0/0/0 1,238 0.195 1996 N 14 169,900 137.24 169,900 100
356 Old Justin Road RD Argyle 3 2.1 2/0/2 1,969 0.350 1997 N 82 210,000 95.23 187,500 89
315 Collins ST Argyle 2 2.0 2/0/2 1,202 0.172 2002 N 206 189,500 157.65 189,500 100
2084 Britt DR Argyle 3 2.0 2/0/2 1,899 0.939 1987 Y 277 196,900 101.05 191,900 97
400 Ben Boyd RD Argyle 3 2.2 2/0/2 2,310 0.430 2000 N 98 244,900 106.02 244,900 100
413 Dallas ST Argyle 5 3.0 2/0/0 2,756    2008 N 17 339,900 123.33 339,900 100
312 Oregon Trail Argyle 4 3.0 2/0/2 2,925 0.239 1998 Y 19 349,900 119.62 349,900 100
414 Collins Argyle 4 3.0 2/0/2 2,590    2008 N 66 359,900 138.96 359,900 100
1026 Thornridge CIR Argyle 3 2.1 2/1/2 3,455 2.580 1971 Y 178 419,900 112.85 389,900 93
421 Dallas ST Argyle 3 2.1 0/2/2 2,415    2008 N 90 424,900 179.71 434,000 102
329 Whispering Trail ST Argyle 4 3.0 2/0/2 3,487 2.480 1990 N 17 479,000 137.37 479,000 100
1313 Rolling Acres DR Argyle 5 4.1 3/0/3 3,655 2.030 1995 N 69 499,000 135.16 494,000 99
418 Gibbons RD Argyle 4 3.0 2/1/3 3,010 4.041 1992 N 109 550,000 182.72 550,000 100
712 Frenchtown Rd. Argyle 4 4.1 3/0/3 4,015 1.010 2007 N 412 669,000 166.63 669,000 100
311 E Hickory Ridge CIR Argyle 4 4.0 4/0/4 4,102 2.620 2002 Y 44 729,900 175.50 719,900 99
519 E Hickory Ridge CIR Argyle 5 4.0 4/0/4 4,605 2.500 1999 N 103 729,000 158.31 729,000 100
309 SHADOW WOOD DR ARGYLE 4 4.1 2/0/2 5,536 2.437 1995 Y 417 899,000 144.33 799,000 89
419 E Hickory Ridge CIR Argyle 5 4.1 3/0/3 4,922 2.500 1999 N 41 799,000 162.33 799,000 100
529 W Hickory Ridge CIR Argyle 5 5.1 3/0/3 5,078 2.500 1998 Y 415 849,900 157.52 799,900 94
407 E Hickory Ridge CIR Argyle 4 4.1 3/0/3 5,228 2.500 2005 N 48 839,000 160.48 839,000 100
749 Manor DR Argyle 5 4.1 3/0/3 4,841 2.750 2006 Y 58 989,900 175.58 850,000 86
850 Manor DR Argyle 4 4.1 3/0/3 4,777 3.000 2007 N 479 949,900 183.15 874,900 92
1323 Harpole RD Argyle 4 3.2 3/0/3 3,699 9.952 1996 N 375 899,900 243.28 899,900 100
778 Johns Well CT Argyle 4 4.1 3/0/3 5,300 2.500 2008 N 181 1,040,000 169.80 899,949 87
754 Manor DR Argyle 5 4.1 4/1/5 4,746 3.000 2006 Y 248 1,100,000 200.15 949,900 86
737 Manor DR Argyle 6 5.1 4/0/4 5,810 4.281 2008 N 171 1,250,000 215.15 1,250,000 100
835 Manor Drive DR ARGYLE 5 5.2 4/0/4 8,000 5.835 2004 Y 252 1,350,000 159.38 1,275,000 94
700 Old Justin RD Argyle 3 2.0 0/0/0 2,690 9.757 2007 Y 28 1,300,000 483.27 1,300,000 100
734 Harpole RD Argyle 5 3.2 3/0/3 6,182 5.600 2001 Y 127 1,489,900 241.01 1,489,900 100
927 E FM 407 Argyle 4 4.2 4/0/4 7,557 6.020 2002 N 212 1,699,000 224.82 1,699,000 100
325 N Gibbons Argyle 3 3.0 2/0/2 3,900 20.000 2003 N 1025 1,950,000 500.00 1,950,000 100
1080 Hickory Hill RD ARGYLE 6 7.1 6/2/6 7,843 12.840 1998 Y 115 2,100,000 267.75 2,100,000 100
2 Baines CT Argyle 5 5.3 4/0/4 7,300 6.600 2003 Y 378 2,189,500 299.93 2,189,500 100
Min 2 672 0.172 1971 14 55,900 55,900 86
Max 6 8,000 20.000 2008 1025 2,189,500 2,189,500 102
Average 4 4,109 3.940 1999 189 832,721 809,384 97
Number of Properties: 34
Average ( ListPrice / SqFt ) : $196.98

Property Type: Single Family Status: Sold
Subject Property

Address	City	BR	Bth	Gar/ Cp/TCP	SqFt	Acr	Blt	PL	CDOM	List Price	SP %LP	Sold Date	$/ SqFt	Sale Price
5313 Brookside DR	Denton	3	2.1	2/0/2	2,052	0.164	2005	N	374	159,900	100	7/25/2008	77.92	159,900
5813 Eagle Mountain DR	Denton	3	2.0	2/0/2	2,266		2007	N	201	218,900	99	7/01/2008	96.05	217,650
159 Courtney Bay LN	Argyle	5	4.0	2/0/2	3,133	0.313	2007	N	84	287,500	98	7/28/2008	90.01	282,000
1036 Harpole RD	Argyle	4	4.1	3/0/3	3,611	7.900	1988	N	32	850,000	91	7/24/2008	214.62	775,000
920 Harpole RD	Argyle	4	3.0	3/0/3	3,573	12.920	1984	N	4	1,050,000	94	7/17/2008	277.08	990,000
745 Johns Well CT	Argyle	5	6.0	4/1/4	6,718	2.500	2004	Y	0	1,355,000	99	7/30/2008	199.46	1,340,000
Min		3			2,052	0.164	1984		4	159,900	91			159,900
Max		5			6,718	12.920	2007		374	1,355,000	100			1,340,000
Average		4			3,559	4.760	1999		139	653,550	97			627,425
Number of Properties: 6
Average ( SalePrice / SqFt ) : $176.29