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$ 94,903
Est. payment /mo
Price Dropped by $2K
4410 Columbia Road 36 Magnolia, AR 71753
47 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1357928
HOA Y/N No
Annual Tax Amount $263
Lot Size 47.000 Acres
Acres 47.0
Lot Dimensions 1375x1611x1316x1482
Property Sub-Type Mixed Use
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 —down payment Motivated
Location
State AR
County Columbia
Direction Head east from Magnolia on columbia road 36. to 4410 Columbia Rd 36 Magnolia
Exterior
Fence None
Topography Other,SeeRemarks
Road Frontage County Road
Building
Lot Description Mobile Home Allowed, None, Other, See Remarks
Water Other, See Remarks
Schools
School District Magnolia
Others
Special Listing Condition None
Virtual Tour https://tour.nwarealtors.org/4410-Columbia-Road-36-Magnolia-AR-71753/unbranded
Listed by William Johnson Brokerage
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