532 beautiful acres with mature timber and farmland. Located in a great area just north of hardeman county country club near bolivar. The farm boasts 302 acres of high-quality farmland with over 200 ac under irrigation. The return on investment is 3. 7% at the asking price with the opportunity to dramatically increase the yield with the farms substantial timber value. The property currently produces $66,000 income. The current farmer will guarantee 55k for three years.
The vacancy rate of homes in 38008 is
12.47% with 59.01% of homes being owner-occupied. The median household income in 38008 is $32107 per year with those between 45 and 64 having the highest median income at $39743.