Phillips 28

Pin Oak Land Company has the following acreage listed For Sale. The asking price for this 27.9 deeded acres in one contiguous tract is $139,500 or $5,000 per deeded acre. The crop acreage amounts to 24.83 +/- dryland crop acres (88.9%), currently planted to soybeans. Along the north boundary of the property is a low lying area of some 4.57 acres. This does not connect to any other low lying areas in the immediate area, so any potential for wildlife habitat is very limited. All of the USDA/FSA crop based will convey with the transaction. The majority of the soils consist of Memphis silt loam (MeB), and Falaya silt loam (Fa) of the Class II Category. The current farm lease is a cash rental arrangement. The farm lease for the 2027 cropping season is negotiable. The seller is retaining all non-agricultural subsurface minerals. This is an above average tract and will not be on the open market very long.