** ABSOLUTE AUCTION 7.31.20 1PM** Farm offers predominately Houston Black Clay soil with less than 2% slope suitable for cultivation or pasture operations. Traditional crops include soybeans, cotton and winter wheat. 5.5 acres of freshwater shrub wetlands, a .2 acre tank and the E. Fork of the Jernigan Creek traverses on eastern quarter of farm. 120 cultivated acres, this farm makes a great income producer and recreational opportunity. The property is leased on a crop share agreement with the same tenant since the 1970’s tenant has interest in keeping the arrangement should the new owner wish to do so.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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