This 40-acre farm is located on the southeast corner of Pawnee City, Nebraska, offering a perfect blend of rural living with easy access to town amenities and potential for future growth. The farm is zoned Ag, consisting of 27 dryland acres, currently in hay production, with the remaining acres used for pasture. The tillable land is terraced and features quality Class III Wymore and Pawnee soils. Two established ponds provide water for livestock and have multiple fish species. The farm has convenient access to both 623 Ave and 709 Rd. A small timber area along the southern border connects to a seasonal creek, creating a natural wildlife corridor. In the northwest corner, a charming 1925 two-story home offers over 2,100sqft of living space, alongside a detached garage, outbuilding, and older barn. With established trees, infrastructure for large animals, and scenic views of the farm, this property provides excellent potential for updates or building a dream home just outside of town!