280 Acres Cross County, Arkansas Asking Price: $640,000
Location
The Clement’s 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. Other small game and deer are also abundant in L’anguille River Bottoms.
Acreage
Farmland
280.0 acres
Cropland
136.3 acres
Timberland
143.7 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
118.4
22.0
22.0
2005 Payment
$6322.00
Improvements
Two six inch submersible wells for irrigation. Levee on the south boundary with a water control structure
Soils
The tillable soils are approximately 80% Crowley with some Henry and Loring mixed in. The timber land is 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. There has not been a cruise made.
Lease Info
The property is currently leased until December 31, 2005. The rent is $80.00 per acre or $10,904 total for the tillable land and the hunting lease could have a value of $5,000.00 to $7,500.00. So there could be an estimated income value of up to $18,404.00 per year.
Price
This property is priced at $640,000.00 or $2,285.00 per acre
