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Drew Ruleville Road, Ruleville, MS 38771 (MLS# 4096187)

Drew Ruleville Road, Ruleville, MS 38771

$1,295,722.20
Property Type: Land Lot Size (sq. ft.): 13,503,600 Status: Closed
Current Price: $1,250,000 List Date: 11/07/2024 Last Modified: 1/30/2025

Description

This versatile 310± acre property in Sunflower County offers a blend of investment potential and recreational use. With approximately 118± acres of fertile agricultural farmland and 192± acres of wooded acres, it caters to income generation and outdoor pursuits. The farmland, featuring sandy loam soil, has been cultivated with beans and corn in rotation over the years, producing consistent yields. It generates a reliable rental income of $200 per acre annually. The hardwoods are ideal for deer food plots and include prime locations for creating a timber duck hole. An open field on the property presents excellent potential for duck hunting. A floodgate can be installed with minimal effort to provide year-round water control. Additionally, there is an option to purchase additional farmland and hardwoods adjacent to the property, and a 3-bedroom, 1-bath camp house is also available for sale. This property offers an excellent opportunity to establish a hunting camp and serves as a solid investment.

More Information MLS# 4096187

Address and Location Information

Street Number Assigned?: No Parcel Number: 146140000600,146230000100 Community Of: N/A Street Name: Drew Ruleville Street Suffix: Road County: Sunflower State: MS Zip Code: 38771 Subdivision: Metes And Bounds

Location

Small Town: 1

Listing Information

Listing Service: Full Service Status: Closed List Date: 2024-11-01 List Price: $1,250,000 Current Price: $1,295,722.20 Property Sub Type: Acreage (more than 10 acres)

General Property Information

Property Sub Type: Acreage (more than 10 acres) Approx Lot Size Acres: 310 Expandable Area: Yes List Price/Acre: 4032.26 Divisible: No School District: Sunflower Cty Cons

Tax and Financial Information

Tax Annual Amount: 1576 Tax Year: 2023 Homestead Y/N: No Additional Exemptions Y/N: No Flood Insurance Required?: No Leasehold Y/N: Yes Association: No Covenants Y/N: No Legal Description: 120AC S 1/2 SE 1/4 & S 1/2 N 1/2 SE 1/4 OLD PCL:1146 1400000 0000600. And part of 535AC E 1/2 & NW 1/4 & N 1/2 SW 1/4 & SE 1/4 SW 1/4 OLD PCL:1146 2300000 0000100.

Remarks & Miscellaneous

Public Remarks: This versatile 310± acre property in Sunflower County offers a blend of investment potential and recreational use. With approximately 118± acres of fertile agricultural farmland and 192± acres of wooded acres, it caters to income generation and outdoor pursuits. The farmland, featuring sandy loam soil, has been cultivated with beans and corn in rotation over the years, producing consistent yields. It generates a reliable rental income of $200 per acre annually. The hardwoods are ideal for deer food plots and include prime locations for creating a timber duck hole. An open field on the property presents excellent potential for duck hunting. A floodgate can be installed with minimal effort to provide year-round water control. Additionally, there is an option to purchase additional farmland and hardwoods adjacent to the property, and a 3-bedroom, 1-bath camp house is also available for sale. This property offers an excellent opportunity to establish a hunting camp and serves as a solid investment.

Current Use

Agricultural: 1 Hunting: 1

Possible Use

Agricultural: 1 Hunting: 1

Land Details

Acres Tillable: 147

Lot Features

Other: 1

Covenants And Restrictions

None: 1

Sewer

None: 1

Water Source

None: 1

Listing Terms

1031 Exchange: 1 Cash: 1 Contract: 1 Conventional: 1

Workshop Features

Workshop: No

Waterfront Features

Waterfront: No

Showing Requirements

Showing: Appointment Required

Utilities

Electricity Available: 1

Horse Amenities

Horse Amenities: No

Status Change Info

Contract Date/Pending Date: 2024-12-17 Closing Date: 2025-01-07

Property Features

Current Use: Agricultural; Hunting Possible Use: Agricultural; Hunting Location: Small Town Lot Features: Other Covenants And Restrictions: None Sewer: None Water Source: None Listing Terms: 1031 Exchange; Cash; Contract; Conventional Utilities: Electricity Available
Listing Office: Tom Smith Land & Homes
Listing Agent: Anthony Steen
Last Updated: January - 30 - 2025
Broker Attribution: [email protected]

Information is deemed to be reliable but not guaranteed. Copyright 2022 MLS United, LLC.