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4798 E Fm 198, 
Lake Creek, TX 75450

$4,200,000


Bed


Bath


-

Sq Ft


446.00

Acres (Lot)


Land


Virtual Tour

Active

Listed by

Sabrina Kreutzer

Stewart Realty & Associates

Last updated:

January 29, 2026, 12:55 PM

MLS#

20947482

Source:

GDAR

About This Land

4798 E Fm 198

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

Land Facts

Description/Design:

Land

Lot Size (Acres)

446.00

MLS #:

20947482

Last Updated:

January 29, 2026, 12:55 PM


Structure

Structure

Architectural Style:

Barndominium


Finances & Disclosures

Finances

Price:

$4,200,000

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated January 29, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker American Dream Realty.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.