We are pleased to present a unique 40-acre property located northeast of Seymour in Appanoose County, Iowa. Just a short drive from Lake Rathbun, this versatile tract offers an exceptional combination of recreation, income, and rural living. The property features a quality 64’ x 42’ Morton building constructed in 2016, offering ample space for storing boats, campers, and recreational vehicles. Inside, you’ll find a bathroom and kitchen setup, providing comfort and functionality for weekend stays or extended work projects. With Rathbun Rural Water and Alliant Energy already connected, the site is fully equipped for immediate use or future expansion. Approximately 24.46 acres are currently enrolled in the Conservation Reserve Program (CRP), providing an annual payment of $4,289 or $175.35 per acre and expiring in 2031. This offers a dependable income stream while also enhancing the property’s wildlife habitat and aesthetic appeal. The property has room for a new home to built along the road with rural water and electric in place. Contact the listing agents to view the property.