UPDATED:
11/07/2024 03:03 PM
Key Details
Property Type Vacant Land
Sub Type Acreage (more than 10 acres)
Listing Status Active
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 4067261
Originating Board MLS United
Annual Tax Amount $2,107
Lot Size 159.000 Acres
Acres 159.0
Lot Dimensions 159 ACRES
Property Description
Delta Farm Ground & CRP West of Batesville
(4120 Curtis Rd - approximate physical address)
** Looking for a diverse tract with great 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 flooding 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 just 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. Last year, the hunting leased for $5,000 for the season, which could easily go for higher given the attributes of the property. The owner did NOT lease it this year with the expectation that a buyer would want the rights.) This property boasts a 4% return (if hunting leased) 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 just 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 care for and will yield a higher return in a future timber harvest.
*** Annual Taxes: $2,107
*** Available Utilities: TVEPA electricity, TVI-Fiber Internet, & Community Water with Enon-Locke Station Curtis Water Association
Location
State MS
County Panola
Direction From I55, take the Batesville exit going west onto Hwy 6. In about one mile, turn right onto Eureka Street. Cross the railroad tracks in the Batesville Square, and continue onto Panola Avenue. Cross the Tallahatchie River bridge, & turn west onto Curtis Road. In about 9 miles, the property will be on the left (south) just before the bridge by Pride Road.
Exterior
Utilities Available Electricity Available, Propane Available, Water Available, See Remarks
Waterfront Yes
Waterfront Description Canal Front
Building
Lot Description Level, Many Trees
Sewer None
Water Well, See Remarks
New Construction No
Others
Tax ID 1202 0300000 0000303
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
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Alisha Cullers
Agent | License ID: 344411, S-55321, SL3541558
Agent License ID: 344411, S-55321, SL3541558