58 Acres in Rayville, LA - $112,000

58 acres CREP land with good payments on Seal Loop Road in northern Richland Parish, Louisiana.

56.3 acres of this tract was put in hardwood and grassland CREP in 2006 at a rate of $75.82 per acre annually, for a total annual payment of $4269 through 2021.

Soils include Gilbert and Necessity Silt Loam, and could possibly be bought out of the program and put back into production. An electric irrigation well is on the northern side of the property. Surrounding land is mostly farmland and pasture.

Land is bordered to the north by Seal Loop Road, a paved parish road. Utilities are available.

Minerals: Seller owns none, should transfer to surface owner in 2015 barring production.

Legal: Located in Sec 23, T19N, R8E in Richland Parish, LA

Price: $112,000

Directions: From the Holly Ridge Exit on I-20, go north on Hwy 183 about 11.6 miles and turn right onto Seal Loop Road. Property is on ...