Two Lots, One Price: 901 White Oak and 1102 Hickory in Horseshoe Bend

Every so often I end up with two lots in the same town and I think, why not put them together?

That's what happened in Horseshoe Bend, Arkansas. I have a lot at 901 White Oak and another at 1102 Hickory. You can buy either one by itself. Or you can take both on one contract and save some money doing it.

Here's the honest rundown.

The deal

Bought separately, the two lots come to $6,000. Bought together, they're $5,000.

The bundle price is $5,000 cash, or $300 down plus the $249 doc fee, then $200 a month for 40 months.

That's two lots, 0.58 acres total, on one contract with one monthly payment. You can see the bundle listing here: 901 White Oak + 1102 Hickory bundle.

Just so nobody is confused, these are two separate lots in the same town. They aren't one big piece of land. The free property maps show exactly where each one sits.

901 White Oak

This one is 0.28 acres, about a quarter acre. It's roughly 104 feet on each side, so it's a nice square lot that's easy to picture a house on.

• Electricity and water are available.
• You'll need a septic system.
• Site built homes only, with an 800 square foot minimum.
• No RVs, no mobile homes and no camping.
• No HOA.
• Taxes run about $54 a year.

There are homes already built nearby, which I always like to see. It tells you people have been able to build there.

1102 Hickory

This one is in the Woodland subdivision and it's 0.3 acres, about a third of an acre.

• Electricity is available behind the lot, and water is available too.
• You'll need a septic system here as well.
• Site built homes, with a minimum somewhere around 600 to 800 square feet.
• No RVs or mobile homes.
• No HOA.
• Taxes run about $54 a year.

The fun part about Hickory is the location. It's walking distance to the Strawberry River, and it's close to Pioneer, Crown and Diamond Lake. Homes are already built nearby on this one too.

Since the minimum build size is listed as a range, confirm the exact number before you draw up house plans. I'm happy to help you figure out who to ask.

The honest downsides

I'd rather you hear these from me now than find out later.

These are small lots. A quarter acre and a third of an acre are town lots. They're not for anyone who wants room to spread out with animals or a shop full of equipment.

Septic is on you. Neither lot has sewer listed, so plan on a septic system for each one you build on. On a smaller lot, the size and type of system matters. Call the county or the health department before you buy and ask what they require. I wrote more about that in Power, Water and Septic on Raw Land.

No RVs, no camping. These lots are meant for site built homes. If your plan is to park a camper and spend weekends there, these aren't the right fit. Our West Texas acreage would suit you better.

Who the bundle makes sense for

I can think of a few kinds of buyers who'd like this.

• Someone who wants to build one and hold one. Put your house on one lot and keep the other as an investment or a future project.
• Family. Build a home for yourself on one and have a spot for a parent or a grown kid on the other.
• A long term hold. Two lots in a lake and river town with power and water available, and taxes that stay pretty low each year.
• Someone who just likes a deal. Buying both together costs less than buying them one at a time.

If you only want one, that's fine too. Each lot is listed on its own at 901 White Oak and 1102 Hickory.

How buying works

There's no application and no credit check. If you can afford the down payment, we'll finance you. The lots aren't locked in until we get the down payment.

Once it clears, we email you the document package to sign electronically and set up your automatic monthly payments. It usually takes about two weeks, and most of that is county paperwork. The deed stays with us until it's paid off. Then we record it in your name with a warranty deed.

You also get our 60 day money back guarantee on owner financed sales. If you're not happy, call us. As long as your loan is in good standing, we'll swap you to a parcel you like better or refund your note payments.

If you want to go look at them first, text me at (817) 631-1858 and I'll send maps, GPS coordinates and directions for both.

Jarod