4798 FM 198, Lake Creek, Texas 75450
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$3,200,000 USD

Land for Sale, 4798 FM 198, Lake Creek, Texas 75450

  • MLS#20947482
  • 31 m² (330 ft²)

Listed By Stewart Realty & Associates

The Land for Sale located at 4798 FM 198, Lake Creek, Texas 75450 is currently for sale. 4798 FM 198, Lake Creek, Texas 75450 is listed for $3,200,000.

Date Updated : Mar 28, 2026
Sabrina Kreutzer
Stewart Realty & Associates

Property features

Property

  • Features: Rain GuttersTack Room
  • Other building structures: BarnHay BarnBarn/Stable

Lot/Land

  • Land/Lot size: 31 m² (330 ft²)
  • Lot description: Cross Fenced
  • Fencing: Barbed WirePipe

Parking/Garage

  • Parking description: RV/Boat Parking

Heating and Cooling

  • Heating system: ElectricCentral
  • Cooling system: Ceiling FanElectricCentral

Utilities

  • Other utilities: Aerobic Septic

Description

Equestrian and cattle ranchers dream! This beautiful North East TX ranch consists of 330 acres of lush native grasses perfect for running cattle and or hay production. Covered cattle working pens and 6 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. Seven 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! An additional 112 acres with two ponds may be purchased separately. Conveniently located 20 minutes south of Paris and 80 miles north of Dallas

Location

4798 FM 198, Lake Creek, Texas 75450

4798 FM 198, Lake Creek, Texas 75450