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4798 E Fm 198

Lake Creek, TX 75450
  • $4,200,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 20947482
$4,200,000
  • 0
    BEDS
  • 446
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Sabrina Kreutzer of Stewart Realty & Associates: .

Description

Equestrian and cattle ranchers dream! This beautiful North East TX ranch consists of 446 acres of lush native grasses perfect for running cattle and or hay production. Covered cattle working pens and 7 pastures are cross fenced for rotational grazing. It is currently running 120 head of cows. There is a large 30 x 40 shop with a 20 overhang for equipment storage. Nine ponds provide ample water along with water fowl hunting and bass fishing. Plenty of deer and hogs on the property as well.The heart of the ranch features a premier horse training or boarding facility. A 100 x 225 fully lighted covered arena allows for riding day or night, rain or shine. Connected to the arena is a covered 30 x 225 covered barn complete with 9 pipe pens and automatic water. There are also four 1-acre turnout pastures, two 2-acre turnouts and all have covered sheds and auto water.The ranch boasts three houses. The first is the homestead ranch house that is approximately 1700 sq ft, 3 bed, 1 bath with a beautiful yard and mature pecan trees. The second is a 2019, 1400 sq ft 3bed, 2bath farm style manufactured home. And the third is a newly built 1200 sq ft 2bed, 1 bath barndominium style home. Plenty of room for a family business or rent the houses for added income. This property is a must see and truly one of a kind!Conveniently located 20 minutes south of Paris and 80 miles north of Dallas

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-06-19T18:45:18.127.
www.rhodesteamtexas.com/homes/164249384
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4798 E Fm 198 Lake Creek, TX 75450

  • Price: $4,200,000
  • Status: Active
  • On Site: 22 Days
  • MLS #: 20947482
0
Beds
0
Baths
0
½ Baths
446
Acres
Neighborhood:
None
County:
Delta
Area:
Lake Creek
Elementary School:
Cooper
High School:
Cooper
School District:
COOPER ISD
Property Description
Equestrian and cattle ranchers dream! This beautiful North East TX ranch consists of 446 acres of lush native grasses perfect for running cattle and or hay production. Covered cattle working pens and 7 pastures are cross fenced for rotational grazing. It is currently running 120 head of cows. There is a large 30 x 40 shop with a 20 overhang for equipment storage. Nine ponds provide ample water along with water fowl hunting and bass fishing. Plenty of deer and hogs on the property as well.The heart of the ranch features a premier horse training or boarding facility. A 100 x 225 fully lighted covered arena allows for riding day or night, rain or shine. Connected to the arena is a covered 30 x 225 covered barn complete with 9 pipe pens and automatic water. There are also four 1-acre turnout pastures, two 2-acre turnouts and all have covered sheds and auto water.The ranch boasts three houses. The first is the homestead ranch house that is approximately 1700 sq ft, 3 bed, 1 bath with a beautiful yard and mature pecan trees. The second is a 2019, 1400 sq ft 3bed, 2bath farm style manufactured home. And the third is a newly built 1200 sq ft 2bed, 1 bath barndominium style home. Plenty of room for a family business or rent the houses for added income. This property is a must see and truly one of a kind!Conveniently located 20 minutes south of Paris and 80 miles north of Dallas
Exterior Features

Exterior Features Covered DeckFire PitRain GuttersLightingRV HookupRV/Boat ParkingStable/BarnStorageUncovered Courtyard Fencing Barbed WireCross FencedGatePipe Horse Amenities Barn(s)Electric to BarnEquestrian CenterEquipment BarnHay BarnIndoor ArenaTack RoomWash RackWater to Barn Lot Description AcreageAgricultural Road Frontage Type FM Road Road Surface Type Asphalt Tanks And Ponds 9

Interior Features

Cooling Ceiling Fan(s)Central AirElectric Heating CentralElectricFireplace Insert

Property Features

AGExemption Yes Barns 1 Barns1 0 Current Use AgriculturalCattleCommercialCrops and LivestockHorsesHunting/FishingLivestockManufactured HomeMulti-FamilyPastureRanchRecreationalResidentialTimber Development Utilities InstalledOther Easements Other HOA None Horse Permitted Yes Junior High School Name Cooper Land Leased No Listing Terms 1031 ExchangeCashConventional Municipal Utility District Yes Other Structures ArenaBarn(s)Corral(s)Covered ArenaGuest HouseOutbuildingResidenceSecond ResidenceSee RemarksShed(s)Stable(s)StorageWorkshopWorkshop w/Electric Possession Closing/Funding Property Type Ranch Restrictions No Known Restriction(s) Special Notes Aerial Photo Subdivided Yes Utilities Aerobic SepticAll Weather RoadCo-op ElectricMUD WaterPropane Will Subdivide Subdivided Zoning NOT ZONED

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices PenFed Realty Texas. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices PenFed Realty Texas are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-06-19T18:45:18.127.
 
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Berkshire Hathaway HomeServices PenFed Realty Texas
3624 Long Prairie Road, Suite 100
Flower Mound TX, 75022
Offered by Sabrina Kreutzer of Stewart Realty & Associates: .