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Lot/land
  • $3,200,000

    4798 Fm 198 E, Lake Creek, TX 75450

    --beds
    --baths
    330Acres
    Unimproved Land
    Built in ----
    330 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Covered cattle working pensThree housesNine pondsLush native grasses
    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
    437 days
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    55
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    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sabrina Kreutzer 0750128,

    Stewart Realty & Associates 903-243-0379

    Source: NTREIS,MLS#: 20947482

      Facts & features

      Interior

      Heating
      • Central, Electric, Fireplace(s)
      Cooling
      • Central Air, Ceiling Fan(s), Electric
      Features
      • Has fireplace: Yes
      • Fireplace features: Insert
      Video & virtual tour

      Property

      Parking
      • Parking features: Boat, RV Access/Parking
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Covered, Deck
      • Exterior features: Deck, Fire Pit, Lighting, Rain Gutters, RV Hookup, Storage, Uncovered Courtyard
      • Fencing: Barbed Wire,Cross Fenced,Gate,Pipe
      Lot
      • Size: 330 Acres
      • Features: Acreage, Agricultural, Subdivided
      Details
      • Additional structures: Arena, Covered Arena, Corral(s), Guest House, Outbuilding, Second Residence, Residence, Shed(s), See Remarks, Storage, Workshop, Barn(s), Stable(s)
      • Parcel number: 2972
      • Zoning description: NOT ZONED
      • Horses can be raised: Yes
      • Horse amenities: Barn, Hay Storage, Indoor Arena, Tack Room, Wash Rack, Arena

      Utilities & green energy

      • Sewer: Aerobic Septic
      • Utilities for property: Electricity Available, Propane, Municipal Utilities, Septic Available, Water Available

      Community & HOA

      Community
      • Subdivision: NONE
      HOA
      • Has HOA: No
      Location
      • Region: Lake Creek

      Financial & listing details

      • Date on market: 5/27/2025
      • Cumulative days on market: 405 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Electric utility on property: Yes
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/27/2026Price change$3,200,000-19%
        Source: NTREIS #20947482 Report a problem
        2/21/2026Price change$3,950,000-6%
        Source: NTREIS #20947482 Report a problem
        5/27/2025Listed for sale$4,200,000
        Source: NTREIS #20947482 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 75450

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cooper
        • High: Cooper
        • District: Cooper ISD

        Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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