About This Home

This land at 4798 E FM 198 in Lake Creek, TX is listed for $3,200,000 (330.00 acres).

Key Features

  • 330.00 acre lot
  • Fireplace

Amenities

FireplaceA/CRV Parking
Listing 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 E FM 198

Lake Creek, TX 75450

Features & Amenities

Exterior Features

DeckFirePitLightingRainGuttersRvHookupStorageUncoveredCourtyard

Property Details

Outdoor Features

Deck

Parking

RVBoat

Heating

Fireplace(s)CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom land at 4798 E FM 198 is listed at $3,200,000. The estimated monthly payment is $17,114 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 330.00 acre lot, Fireplace. Exterior Features: Deck, FirePit, Lighting.

This property is listed by Sabrina Kreutzer and can be reached at (803) 243-0379.

SK

Sabrina Kreutzer

Agent at Stewart Realty & Associates LLC

(803) 243-0379

Listed by Stewart Realty & Associates LLC · Broker phone: (803) 243-0379 · View on Broker Site

MLS# 20947482· Source: North Texas Real Estate Information Systems, Inc.· 275 days on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4798 E FM 198, Lake Creek, TX 75450

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