4410 Columbia Road 36, Magnolia, AR 71753

$96,914

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List Price
$96,914
Price Change
▼ $690 1786693763
Status
ACTIVE
MLS#
ARKMLS-1357928
Acres
47

Property Description

Do the Math: Hunting Property for $1,350/Acre(Net). Call Me. This 47.5-acre Columbia County tract isn't your typical hunting ground purchase — it comes with a built-in income stream. A lease-option already in place pays $500/month for the next six years. Keep collecting a monthly check, or cancel the lease-option anytime and take full, exclusive use of all 47.5 acres, house included. The Math: Purchase price: $97,600. With $36,000 in guaranteed rental income already locked in, your real cost drops to $61,600 — just $1,354 per acre for 45.5 acres of prime hunting ground. (2 acres goes with the lease option) The land itself is excellent hunting land. Roughly half is wetlands, with Harper Creek running year-round through the property — prime habitat for deer, turkey, and quail, with black bear documented on-site as well. Two oil wells (one active, one inactive) sit on the parcel and double as easy access points to the whole tract. Mineral rights are not conveyed. Owner financing may be available

Additional Information

Taxes
$263
Fencing
None
School District
Magnolia

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Calculator source: Real Geeks

Listing courtesy of William Johnson Brokerage. broker@drslisting.com