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$ 88,901
Est. payment /mo
Price Dropped by $1K
4410 Columbia Rd 36 Road Magnolia, AR 71753-0000
47.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 26028023
Annual Tax Amount $263
Tax Year 2025
Lot Size 47.500 Acres
Acres 47.5
Property Sub-Type Acreage
Property Description
Unique: Income & good hunting. On the NE corner is a small older home occupied by a family that's been there 40+ years. I've given them a lease-option on the home and surrounding 2 acres, paying $500/month for six years. Complete the agreement and they get the 2 acres; otherwise, they can be evicted. The owner also has the right to cancel the lease-option. Your choice: keep collecting $500/month for almost six years or cancel and use the entire 47.5 acres and home. Either way, you get excellent hunting land, easy access and a year-round creek. Hunt deer, turkey and quail. Keep the lease and your effective cost for the remaining 45.5 acres is under $1,300/acre
Location
State AR
County Columbia
Area Columbia County
Exterior
Utilities Available Water-Public, Well-On Property, Elec-Municipal (+Entergy), Electric-Co-op, Telephone-Party Line
Listed by Realty Solution • Bill Johnson
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