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Rare opportunity with this 48.87 acres m/l homestead in Southern Lincoln County. 1200 ft of State Hwy J frontage, this property allows multiple investment opportunities in a strong and desirable area. Property lays well with approx. 75% open area with balance in timber. Perfect for development. Preliminary engineering and plot plan has been done showing the potential for 177 +/- homesites. This would require new buyer to resubmit with updated engineer approval and any other local and state requirements. Improvements sell in "AS IS" condition, value is in the land only. Seller would consider selling in 10 acre +/- tracts with survey cost to be split 50/50 between buyer & seller. Some deed restrictions would apply. Whether you've run out of homesites or you've been looking for small acreage not in a subdivision, here is an amazing opportunity. Tillable ground is currently being farmed. Buyers responsibility to verify tax information on property.
| DAYS ON MARKET | 305 | LAST UPDATED | 3/14/2022 |
|---|---|---|---|
| TRACT | non | YEAR BUILT | 0 |
| COMMUNITY | Troy R-3 | COUNTY | Lincoln |
| STATUS | Sold | PROPERTY TYPE(S) | Farms/Ranch |
| School District | Troy R-III |
|---|---|
| Elementary School | Boone Elem. |
| Jr. High School | Troy Middle |
| High School | Troy Buchanan High |
| ADDITIONAL DETAILS | |
| AREA | Troy R-3 |
|---|---|
| LOT | 48.87 acre(s) |
| SUBDIVISION | non |
| TAXES | 350 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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