194.90 income producing farm

Van Vleet MS 38851  |  Chickasaw County, MS
  • $467,000
  • 194.9 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
Irrigated: No
Residence: No
Property ID: 9669951

Property Description

194.90 acres, more or less (per tax roll), well-manicured, income producing farm with 3 lakes and lots of wildlife privately located at the end of CR 256 between Van Vleet and Okolona in Chickasaw County. As the crow flies, Tupelo's vibrant, downtown business and entertainment district is about 23 miles NNE, West Point is some 25 miles SSE., Houston is 9.50 miles SW, Pontotoc is 24 miles NNW and Tombigbee National Forest is just .25 mile to the South.

A total of 93.39 acres are subject to a CRP contract (70.38 acres in about 14 year old pines and 23.01 acres in wildlife habitat) that pay $6,639.00 per year ($71.09 per acre) with an expiration and final payment date of September 30, 2025. Also, 65 acres of cropland are currently under a year to year, cash lease of $6,500.00 per year ($100.00 per acre). The lakes are 1.00, 1.25 and 1.50 acres in size, with the latter two of which were stocked with bass and bream about two years ago. The balance of 32.76 acres consists of about 15.51 acres of pasture and 17.25 acres of woods.

Prior to enrollment in CRP, this entire place was operated as a cattle farm and thus is fenced and cross-fenced and well suited for reversion to same should that fit into your management plans. The entire CRP contract could be released for a current estimated cost of $22,000.00 which could be covered by clearcutting the pines. Or one could release any portion thereof on a pro rata cost basis for added flexibility. The upland soils are Kipling and silt loam to silt clay in composition and the bottom soil (about 25 acres) is Leeper, silty clay in composition. The bulk of the topography is gently rolling to rolling. Both the soils and topo are well suited for a broad range of agricultural practices.

Located just .25 mile NE of Chickasaw Wildlife Management Area (WMA)/Tombigbee National Forest, the sportsman will find plenty of action hunting or just observing the many deer, turkey, rabbit, squirrel that roam these fields & woods. And the fields set up real nice for future dove hunts should that fit your fancy. Neighboring cropland & the nearby timberlands of the WMA provide both an excellent food source and additional habitat for all these critters you are likely to encounter out here. And for added fun and relaxation in a private setting, try sitting on the bank of one of these lakes with a good cane pole and your favorite cold beverage. Now that's good living!

All on-site inspections must be approved by Broker.

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Jack P. Holleman

Holleman Land & Mineral, LLC

(662) 791-1707 (work)

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Jack P. Holleman

Holleman Land & Mineral, LLC

(662) 791-1707 (work)

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