Pecans are super strong right now! These are some good looking orchards.
Currently leased at $125 per acre. 66+/- Acres of Pecan and 60+/- of Cultivation.
Check with Accountant about depreciating Pecans Trees. Property currently under Ag Tax Covenant that would need to be assumed. Good soils. Powerful Frontage at Intersection of Hwy 19 and Chason and Rupp. Doublewide Home/Camp House overlooking 6 Acre Pond....Dam work to be done in Winter. Good Timber Value. Neighboring 99 acres sold for $7400 per acre in early 2012. Oil Dri has expressed interest in clay material that might be under this property. They can test. Excellent Value there to check into. 38 Acres cotton base, 48 Acre Corn Base. A very attractive farm...with huge upside if the clay is there. Pecan orchards such as this have been bringing anywhere from $5K+ per acre To $8+K per acre. 2012 comps.