273.6 Acres Cross County, Arkansas Asking Price: $588,000
Location
The Black Fork Farm & Hunting property is located on Cross County Road 244 via highway 364 west of Vanndale, Arkansas. Vanndale is five miles North of Wynne, Arkansas, and forty five miles Northwest of Memphis, Tennessee.
Topography
The topography is generally flat with the elevation declining as you go to the east into L’anguille River Bottoms. The river bottoms are subject to overflow thus making good waterfowl hunting.
Acreage
Farmland
273.6 acres
Cropland
134.0 acres
Timberland
139.6 acres
FSA Info
Crop
Base Acres
Direct Yield
CC Yield
Wheat
57.2
44.0
44.0
Rice
43.6
107.3
107.3
Milo
1.8
54.0
54.0
Beans
85.3
22.0
22.0
2005 Payment
$5,926
Improvements
Two six inch submersible wells for irrigation. Levee on the south boundary with a water control structure for holding water for duck hunting.
Soils
The tillable soils are approximately 80% Crowley with some Henry and Loring. The timbered soils are Zachary.
Hunting
The property is set up for duck hunting but deer and other small game are abundant in the area. The timber is outstanding and should have some market value, however, there has not been a timber cruise.
Lease Info
The property is currently leased on an oral lease basis. The rent is a share rent of 75% to the farmer and 25% to the landlord. Typically, this type of farm will have an income close to $100.00 per acre for the tillable land and there is some value in the hunting lease.
Price
This property is priced at $588,000.00 or $2,100 per acre.
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