2823 HIGHWAY 151, Farmerville, LA 71241

$1,195,000 Asking Price

4 beds
2 baths
2,000  sqft

The D’Arbonne 240 is a highly maintained, turn~key multi~purpose recreational and investment tract located in the heart of North Louisiana’s Piney Hills. This highly sought~after tract is located in southern~central Union Parish being 17 miles Northeast of Ruston, LA, 11 miles North of Squire Creek Country Club and 10 miles South of Beautiful Lake D’Arbonne and the community of Farmerville, LA. The property has over three~quarters of a mile of highway frontage on State Hwy 151 West.The centerpiece of the D’Arbonne 240 is the craftsman styled Cabin located amongst the century year old pecan trees on one of the highest points of the property, that was a previous turn of the century home place. The 2,000+ square foot, two~story Cabin consists of 4 bedrooms, 2 bathrooms, open great room with kitchen, and over 700 square feet of porches overlooking the scenic property. D’Arbonne 240 is comprised of two main timber stands. The first stand, covering roughly 30~35% of the tract, is a 16~18 year old highly managed pine plantation stand that is currently ready for its first thinning which will provide it’s new owner immediate return on their investment. The second timber stand, covering roughly 65~70% of the tract is a newly planted (2020) 4~5 year old highly managed pine plantation. One of the best and probably most underrated assets to the property are the three established ponds on the property. Not only do each of the ponds provide good fishing holes, they provide water to the wildlife on the property and each of them could be expanded to create even bigger and better fishing lakes. In addition to recreation value, this tract could easily be bought and then divided into 4~5 smaller tracts and re~sold as smaller country estate tracts. If you and your family are looking for a highly maintained turn~key country estate that will provide almost immediate income and help create memories for your family for years to come, then this is the tract for you..


Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
Dishwasher, Refrigerator, Washer, Dryer, Oven, Water Heater
A/C:
true, Central Air, Multi Units
Heating:
true, Propane
Fireplace:
One, Living Room, Fireplace, Fireplaces: 1

Exterior

General:
Workshop, Shed(s), Barn(s), Outbuilding
Style:
Traditional
Parking:
Hard Surface Drv.

Construction

Roofing:
Metal
Windows:
Single Pane, Shades, Curtains
General:
Frame, Cedar/Cypress, 2, Slab

Location

Road/Access:
Paved
HOA Amenities:
None
Originating MLS:
NELAR API
County:
UNION

Lot

Zoning:
240 acres loacted in Sections 31/32-T20N-R1W Lying SOuth of Hwy 151, 0090061000
Fencing:
Combination

Utilities

Utilities:
Propane, Electric Company: Other
Water:
Public,Electric Company: Culbertson Wtr System
Sewer:
Septic Tank

Financial

Source:
NELAR API

This listing courtesy of:
United Country - Southern Stat, Hunter Smith

About Farmerville, LA

Housing

Number of Units
4,159
Median Home Value
$131,719
Median Rent
$425

21.22% of housing units are renter occupied.

13.57% are vacant.

Commute

Car
77.25%
Public Transportation
0.39%
Walk to Work
0.26%
Work from Home
19.26%
Other
0.73%

The median travel time to work is 25 minutes.

People

Population
8,909
Median Age
45.40
Median Household Size
2.61

Education

High School
42.01%
Associate’s Degree
4.65%
Bachelor’s Degree
14.96%
Graduate Degree
5.64%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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