St Francis 160

Listed for sale is 160.0 deeded acres of recreational/farm tract for $1,200,000 or $7,500 per acre. The located on this tract is in St. Francis County to the North of the city of Palestine, Arkansas about 3.0 miles along the L’Anguille River system. A small portion of the acreage is on the eastern side of the L’Anguille River. Access to the tract is from paved St. Francis County Road #255 along the Western boundary of the property. Interstate #40 is located to the South about 3.0 miles. This location allows for easy access to the property from Memphis to the East 50 miles or to Little Rock to the west some 80 miles. This acreage is noted by the USDA/FSA as Farm #1110, Tract #464. The useable crop acreage amounts to 77.13 acres. The acreage does have access to a single submersible irrigation well, which is in need of repair. The farm lease can be extended to the 2027 cropping year. Electricity is available from Woodruff Electric Corporation. Public useable water is available along County Road #255 from the rural water association for the area. The topography of the acreage would allow for the construction of a lodge on the higher southwestern portion of the acreage. The topography map indicates a variance of 12 feet from high to low with the lower portion being within the L’Anguille River system. No current hunting lease exist. The L’Anguille River system has a high potential for waterfowl duck hunting. The lower lying areas of the property are in timber, which would allow for deer and other wild game hunting. Including the subject’s timber acreage within three miles is approximately 1,700 acres of river bottom timber acreage. A huge drawing for migratory waterfowl. 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. Contact Listing Agent Dwight Brown at 870-588-5072 or Principal Broker Chris Baxter at 501-416-6996 or any of our agents with Pin Oak Land Company