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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

Overview

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.

Listing Details MLS# 4096187

General Property Information

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

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

Address and Location Information

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

Listing Information

Property Sub Type
Acreage (more than 10 acres)
Listing Service
Full Service

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.

Status Change Info

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

More Information

Land Details

Acres Tillable
147

Workshop Features

Workshop
No

Waterfront Features

Waterfront
No

Showing Requirements

Showing
Appointment Required

Horse Amenities

Horse Amenities
No

Location

Small Town
Yes

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
Yes
Hunting
Yes

Possible Use

Agricultural
Yes
Hunting
Yes

Lot Features

Other
Yes

Covenants And Restrictions

None
Yes

Sewer

None
Yes

Water Source

None
Yes

Listing Terms

1031 Exchange
Yes
Cash
Yes
Contract
Yes
Conventional
Yes

Utilities

Electricity Available
Yes
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.