$750,000 Price Analysis 4120 Curtis RdBatesville, MS 38606 Unknown bed 0 bath unknown SqFt ($0/SqFt) 159.0 acre lot. Listed 2024-01-05 | Ⓧ USDA Ineligible due to property near Batesville |
Deer and IncomeDelta Farm Ground and CRP West of Batesville(4120 Curtis Rd - approximate physical address) Looking for a diverse tract with extraordinary income and delta hunting? This property has 62 acres of precision-leveled farm ground with a water well and two levee gates for crop irrigation and f looding for ducks. The cultivatable acreage has majority NCCPI 75-80 Class 2 soils. The rest of the tract consists of mixed hardwoods and CRP. The total income is shy of $28, 000 annually ($27, 877) with the crop ground being leased for $12, 400 and the CRP drawing $10, 477 yearly until 2032. There's also a hunting lease in place this year for $5, 000 for the season, which could easily go for higher given the attributes of the property. This property boasts a 3.5% return which can rarely be found in this market!
Due to the 1%-1.5% level grade of the land, this tract is easy to flood by closing the gates without even having to use the well for pumping water. There are three acres of food plots and a great road system to easily navigate the property. There's also potential for a green timber hole in the center of the tract with some small levee work. Two black condo stands and a two-man tripod on food plots both convey, if desired. There's also an old pit blind for duck hunting in place. The CRP is a hardwood mixture with plenty of acorn-producing trees, making it irresistible to deer and turkeys. The CRP trees are also easier to cre for and will yield a higher return in a future timber harvest. Annual Taxes: $2, 107 Available Utilities: TVEPA electricity, TVI-Fiber Internet and Community Water with Enon-Locke Station Curtis Water Association
Presented by Molly Hawkins at
LANDHAWK REALTY, LLC.
Property MLS #4067261 from MLSUnited
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.