Approximately 200 acres of the 249 acres are in active row crop cultivation by a tenant. Current crops include corn, milo, and cotton. The deep alluvial soils are highly productive and well suited for such production. Below this fertile soil is desirable sand and gravel. A neighboring gravel producer estimated that an 80 acre section of the subject property likely holds $500k worth of gravel. The remaining acreage is untouched river bottom except for a 7 acre area along the road frontage that is in hay production with Coastal Bermuda. This hay pasture is out of the floodplain and would be a suitable home site near the mature Live Oak trees.
Along the river, 100’+ tall trees create an amazing canopy and travel corridor for wildlife. Several Burr Oaks with 5’+ diameter are present with Cottonwood, Pecan, Cedar Elm, Hackberry, Mulberry, Osage Orange, and Live Oak as well. Numerous songbirds observed along with a good amount of signs of deer and hogs.
From I-35, take FM 436/Holland Rd, EAST 4.8 miles, turn left on Wooded Acres Dr, go 0.3mi, turn left on Curry Lp, go 0.3 mile, property on right, look for sign
The approximate monthly Principal & Interest payment for this property would be $3,783. This payment is based on a 30-year loan at a fixed rate of 3.82 % with a down payment of $89,995. Actual lender interest rates and loan programs may vary.
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