4798 E FM 198, Lake Creek, TX 75450
4798 E FM 198, Lake Creek, TX 75450
4798 E FM 198, Lake Creek, TX 75450
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$3,400,000
Est. payment /mo
446 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21425049

HOA Y/N None

Lot Size 446.000 Acres

Acres 446.0

Property Sub-Type Ranch

Property Description

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

Location

State TX

County Delta

Zoning NOT ZONED

Direction 4802 Fm 198, Lake Creek, 75450

Interior

Heating Central, Electric, Fireplace Insert

Cooling Ceiling Fan(s), Central Air, Electric

Heat Source Central, Electric, Fireplace Insert

Exterior

Exterior Feature Covered Deck, Fire Pit, Rain Gutters, Lighting, RV Hookup, RV/Boat Parking, Stable/Barn, Storage, Uncovered Courtyard

Fence Barbed Wire, Cross Fenced, Gate, Pipe

Utilities Available Aerobic Septic, All Weather Road, Co-op Electric, MUD Water, Propane

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Agricultural

Schools

Elementary Schools Cooper

High Schools Cooper

School District Cooper Isd

Others

Restrictions No Known Restriction(s)

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21425049


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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Sabrina Kreutzer • Stewart Realty & Associates

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