Vacant Land in Russell

Excellent opportunity to own a larger property. The property includes 470.5 acres +/- with 326.91 acres enrolled in CRP, 100 acres fenced pasture and the balance in waterways and trees. The CRP contract expires September 30, 2026 and pays $16,787.00 annually. This would make a nice big pasture with some fence work once the CRP has expired. In the pasture there is a pond and a well for water. The Seller is also including mineral rights that they own in the sale. The Seller currently receives a 1/8th royalty from the current producing oil wells adding approximately $8,000/year in royalty payments.