If you love the water and enjoy spending as much time as you can at the river, then this is the place you've been looking for. Located just outside the city limits of Ravenden, Arkansas sits this awesome property that is approximately 1.4 acres (M/L). There are plenty of small lots available around but finding land that is large enough to enjoy is hard to come by, much less over an acre. The property is a beautiful field that is shaped much like a baseball field and has been professionally surveyed. There is a road on each side of the parcel, and they both lead directly to the Spring River. If you are not familiar, the Spring River flows from Missouri down into Arkansas where it joins the Elen Point River and the Black River. The Spring River (as the name suggest) is a spring fed river with the spring that feds the river producing about 9 million gallons of water per hour and keeping the river cool even during the warmer months. The river is very popular with locals and tourist alike that come each year to float, canoe, kayak, swim and fish its waters.
Some info about the immediate area surrounding the property. The section of land that the parcel is located in is known as Driftwood Resort. Located directly on the banks of the Spring River this area offers over 1,800 feet of river frontage, with electric available.
Directions from Ravenden, Arkansas: From Highway 412 take a right at the post office, go to the end of the road and make a left, go a few hundred feet and make a right across the railroad tracks, stay right, and the property will be a few hundred feet ahead on the left.
As with any land that is near a large body of water this area is considered to be in a floodplain, and you should plan your use of the property and build accordingly.
The property has been professionally surveyed.
Lease/Purchase: $250 per Month with $1,500 Down payment. Total purchase price: $14,900.
No credit checks, no prepayment penalties, and no balloon payments!
To get started all that is needed is the Downpayment in addition to first months payment due together. Then the payments are just the monthly payment.
*All of the payments paid the first year, including the down payment and any extra money paid, will be subtracted from the sale price with no interest ( after the first year interest is just 9.75% FOR LAND & 8.99% FOR HOMES ). After three years of payments being paid as scheduled (or 25% of the sale price has been paid off), this agreement will become a Purchase Contract or a Deed with note and Deed of Trust (Buyers’ choice). Upon completion of the contract, the buyer will receive a special warranty deed.
These are the Restrictions Specific to Homestead Crossing Inc:
Cash (In person only. Do not mail cash payments!)
Cashier's Check, Money Order, or Wire Transfer
Pay with credit/debit card
Payment can be made online through our website or wire transfer