4798 E Fm 198 Lake Creek, TX $ 3,400,000
4798 E Fm 198
$ 3,400,000
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4798 E Fm 198

Lake Creek, TX, 75450
$ 3,400,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 23,483

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Lots and Land for sale in Lake Creek, TX

for $3,400,000. The lot size is 446.

This beautiful North East TX ranch offers more than just a picturesque setting and peaceful country living, it also presents tremendous income producing potential! Spanning 446 acres of lush native grasses, the ranch currently operates as a well established 120 head cow calf operation. The property features covered cattle working facilities and 6 cross fenced pastures designed for rotational grazing and efficient pasture management. The acreage also offers excellent hay production potential. Additional improvements include a 30 x 40 shop with a 20 overhang for equipment storage. Nine ponds provide ample water throughout the property, along with water fowl hunting and bass fishing. Abundant deer and other wildlife make this property equally appealing for hunting and recreation. At the heart of the ranch is a premier equestrian facility featuring a 100 x 225 ft fully lighted covered arena, allowing riding and training day or night, rain or shine. This state of the art facility offers exceptional income potential through horse training, boarding, lessons and other equestrian ventures. Connected to the arena is a covered 30 x 225 loafing shed with 9 pipe pens and automatic water. Additional equestrian amenities include four 1 acre turnout pastures, two acre turnouts all equipped with sheds and auto water. The ranch also offers three residences, providing plenty of room for family, employees or additional rental income. The Homestead Ranch House: Approximately 1700 sq ft, 3 bed, 1 bath with a beautiful yard and mature pecan trees. The Farmhouse Style Manufactured Home: A 2019, 1400 sq ft 3bed, 2bath . The Barndominium: A newly built 1200 sq ft 2bed, 1 bath. With three residences, an established cattle operation, a premier equestrian facility and abundant recreational opportunities, this one of a kind property offers it all! Conveniently located 20 minutes south of Paris and 80 miles north of Dallas

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Lots and Land Active

Price

$ 3,400,000

Property Type

Lots and Land

Taxes

$ 0

Style

Ranch

Lot Size

446

Town/City

Lake Creek

County/Region

Delta

MLS | Web ID

21425049

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 Grazing Horses Hunting/Fishing Livestock Manufactured Home Multi-Family Pasture Ranch Recreational Residential Timber
Restrictions No Known Restriction(s)
School District Cooper ISD
AG Exemption Y
Property Subtype Ranch
Subdivision Name NONE
Occupant Type Owner
County Delta
Property Type Land
HOA Type None
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
Waterfront 0
Exterior Features Covered Deck Fire Pit Rain Gutters Lighting RV Hookup RV/Boat Parking Stable/Barn Storage Uncovered Courtyard
Lot Features Acreage Agricultural
Vegetation Partially Wooded
Fencing Barbed Wire Cross Fenced Gate Pipe
Other Structures Arena Barn(s) Corral(s) Covered Arena Garage(s) 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

$23,483
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,483
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
10/31/2026$3,400,000 Listed Price

Map


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4798 E Fm 198, Lake Creek, TX, 75450 is a Lots and Land for sale at $3,400,000 with a lot size of 446. 4798 E Fm 198 has 0.0 baths. The property's zip code is 75450 which is in Lake Creek, TX