Peoples Company is pleased to bring 2,297 acres m/l of irrigated farmland to the market located in Phillips County, AR. The farm is estimated to be 2,032 acres i production or 88.5%, with 90% or 1,829 acres being irrigated. There are 10 pivots irrigated approximately 802 acres. The balance of the irrigated acres has been land formed for row irrigation. There are three groups of farm tracts that are located south of Marvell, AR approx. 7.5 miles. All tracts are located on or near paved roads near the Walnut Corner and Gobell communities and are easily accessible by county road frontage. The idea that you can purchase nearly 2300 acres relatively close to each other is very unusual these days. The farm soil NCCPI rating ranges from 57.53 to 70.92 for the various tracts. The make up of soils are mainly Loring, Memphis, Falaya and Calloway silt loam allowing for a diverse crop mix including cotton, corn, soybeans, rice and wheat.
The median home value in Marvell, AR is $52,400. This is lower than the county median home value of $70,800. The national median home value is $338,100. The average price of homes sold in Marvell, AR is $52,400. Approximately 38.42% of Marvell homes are owned, compared to 35.63% rented, while 25.94% are vacant. Marvell real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marvell real estate agent to arrange a tour today!
Marvell, Arkansas has a population of 1,232. Marvell is less family-centric than the surrounding county with 8.36% of the households containing married families with children. The county average for households married with children is 15.74%.
The median household income in Marvell, Arkansas is $41,250. The median household income for the surrounding county is $32,235 compared to the national median of $69,021. The median age of people living in Marvell is 42.6 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 30.8 degrees. The average rainfall is approximately 50.9 inches per year, with 1.7 inches of snow per year.