PRICE REDUCED!
The Quitman 26 property consists of 26.34 +/- acres offering residential development opportunities, with the conveyance of the mineral rights and current lease. The property is located in Cleburne County, Arkansas east of Quitman. The property is bisected by Arkansas State Highway 124. The 16 +/- acres north of the highway consists of uneven aged pine and hardwood timber, and has a pond located in the central portion of the property. The acreage south of the highway is grown up pasture land that could be easily cleaned up for house lots. All the mineral rights owned by the Seller shall convey to the Buyer. Historically the gross annual revenue from the oil and gas royalties has ranged from $11,250.00 to $17,000.00 per year. The property is offered for sale for $115,000.00.
Any questions concerning this offering, or to schedule a property tour should be directed to Gardne...
Any questions concerning this offering, or to schedule a property tour should be directed to Gardner Lile (mobile: 501-658-9275) of Lile Real Estate, Inc.