4798 E Fm 198 Lake Creek, TX $ 4,200,000
4798 E Fm 198
$ 4,200,000
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4798 E Fm 198

Lake Creek, TX, 75450
$ 4,200,000
Baths0.0

Monthly Estimate*

$ 26,203

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Studio

Lots and Land for sale in Lake Creek, TX

for $4,200,000. The lot size is 446.

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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Lots and Land Active

Price

$ 4,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Ranch

Lot Size

446

Town/City

Lake Creek

County/Region

Delta

MLS | Web ID

20947482

Features
General
Development Status Utilities Installed Other
Heating Central Electric Fireplace Insert
Cooling Ceiling Fan(s) Central Air Electric
Utilities Aerobic Septic All Weather Road Co-op Electric MUD Water Propane
Possession Closing/Funding
current use Agricultural Cattle Commercial Crops and Livestock Horses Hunting/Fishing Livestock Manufactured Home Multi-Family Pasture Ranch Recreational Residential Timber
Restrictions No Known Restriction(s)
School District Cooper ISD
Property Subtype Ranch
Subdivision Name NONE
Occupant Type Owner
County Delta
Property Type Land
HOA Type None
Special Notes Aerial Photo
Status Active
Directions 4802 Fm 198 Lake Creek 75450
City Lake Creek
Elementary School Name Cooper
High School Cooper
Elementary School Cooper
Standard Status Active
Junior High School Cooper
Listing Terms 1031 Exchange Cash Conventional
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Exterior
Exterior Features Covered Deck Fire Pit Rain Gutters Lighting RV Hookup RV/Boat Parking Stable/Barn Storage Uncovered Courtyard
Lot Features Acreage Agricultural
Fencing Barbed Wire Cross Fenced Gate Pipe
Other Structures Arena Barn(s) Corral(s) Covered Arena Guest House Outbuilding Residence Second Residence See Remarks Shed(s) Stable(s) Storage Workshop Workshop w/Electric
Lot Size Over 100 Acres
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Internal Only
Street Number 1 4798
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* Excluded Features
List By
Sabrina Kreutzer

Listing Agent

Stewart Realty & Associates

Broker

Affordability Calculator

$26,203
Per Month
100%
0%
0%
Monthly Principal & Interest
$26,203
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
285905 Elementary School
3680444 Middle School
Pricing History
DatePricePrice ChangeDescription
5/27/2025$4,200,000 Listed Price

Map


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4798 E Fm 198, Lake Creek, TX, 75450 is a Lots and Land for sale at $4,200,000 with a lot size of 446. 4798 E Fm 198 is a studio with 0.0 baths. The property's zip code is 75450 which is in Lake Creek, TX