Rike Real Estate

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Description

65+/- Ac. of cultivation with a very productive cotton yield of 428/lbs. per acre. The property is located north of Weinert. Travel north on US 277, left (west) on CR 164 and then an immediate right on CR 279. At the intersection of CR 279 and CR 274, the property is on the northwest corner. There is a wheat base of 19.5 ac. with a yield of 20 bu./ac. and a cotton base of 42 ac. and a yield of 428/lbs. per acre. The annual USDA payment is $1,167. ($725/Ac.) 85.16 +/- Ac. This secluded acreage is approximately 675 yards off County Road 113. The property has a deeded road for access to the 80.42 +/- acres of pasture and cultivation. Electricity, a water well and an old structure are on the property. There is a peanut allotment for this property with an annual payment of $2,794. This would make a great family get-away for hunting of deer, hogs, dove and possibly quail. ($800/Ac.)

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