This fantastic recreational lot is located just outside the city limits of Ravenden, Arkansas. The parcel is approximately 0.50 acre (M/L) and is almost completely level with a very gentle slope down towards the river. The property would be perfect for a raised cabin overlooking the river. There are several mature trees on the parcel that will provide plenty of natural shade and shelter from any high winds. There is also an old lean-to on the east side of the property about the center and a large field to the East and West. The Spring River is approximately 200 feet away from the South side of the parcel. The Spring River is a large river that flows from Missouri down into Arkansas before meeting up with the Eleven Point River and the Black River. The Spring River is fed by a spring that produces approximately 9 million gallons of water an hour and keeps the river cool even during the warmer months.
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: $200 per Month with $1,500 Down payment. Total purchase price: $4,900.
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