310 +/- Acres Craighead County, Arkansas Asking Price: $815,000
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The Cache River farm is located on highway 91 just south of Egypt, Arkansas. The property has approximately one mile of highway frontage on the north and east boundaries of the farm and is in Craighead County approximately 8 miles west of Jonesboro, Ar.
The farm, known as FSA farm number 7461 and has 310.7 acres of Farmland and 260.8 acres of Cropland. It also has 41 acres +/- of Timber that lays close to the Cache River and has great wildlife potential. The balance of land is ditches and roads.
The farm has 3 wells and 90% of the farm is precision leveled. There are 18,000 bushels of grain storage on the property. A tenant home is located on the property and could be used for farm labor or leased to duck hunters.
USDA Crop Bases:
Base Acres D-Payment
Rice 128.8 $10,950
Soybeans 97.3 $638
Wheat 36.3 $546
Total Payment $12,134
The farm area is flat with less than a one percent slope on the farm. Approximately 75 percent of the farm is precision leveled.
Taxes are around $6.00 per acre depending on your improvements.
The farm has Dubbs, Dundee, and Foley silt loam soils on about 90% of the tract with some Amagon silt loam on 10% of the tract.
The farm is priced at $2629 per acre Farmland acre or $815,000.
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