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House for sale at 4798 E Fm 198, Lake Creek, TX 75450 | MLS# 20947482 | Listing updated on 2026-03-27
Photo 1 of House for sale at 4798 E Fm 198, Lake Creek, TX 75450 | MLS# 20947482 | Listing updated on 2026-03-27
Photo 2 of House for sale at 4798 E Fm 198, Lake Creek, TX 75450 | MLS# 20947482 | Listing updated on 2026-03-27
Photo 3 of House for sale at 4798 E Fm 198, Lake Creek, TX 75450 | MLS# 20947482 | Listing updated on 2026-03-27
Photo 4 of House for sale at 4798 E Fm 198, Lake Creek, TX 75450 | MLS# 20947482 | Listing updated on 2026-03-27
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$3,200,000

Monthly Est:$15,928

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon330acres lot

4798 E Fm 198, Lake Creek, TX 75450

$15,928/moEst:

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  • Ranch

  • Built in -

  • $-- HOA

  • 330 acres lot

  • $9,697/acre

Description

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 t
he 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

  • Houzeo last checked: 3 minutes ago
  • Listing updated: March 27, 2026 at 8:19 pm
  • Listing Provided by: Sabrina Kreutzer | Stewart Realty & Associates (903) 243-0379
  • Source: NTREIS MLS-TX | MLS#: 20947482 NTREIS MLS-TX

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Delta County

  • City

    Lake Creek

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    330 acres lot

  • Basement Area

    - sqft

  • MLS Name

    NTREIS MLS

  • MLS Number

    20947482

  • MLS Status

    Active

  • Cumulative Days on Market

    304

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Heating

    Central, Electric, Fireplaces

  • Cooling

    Central Air, Ceiling Fans, Electric

  • Exterior Features

    Deck, Fire Pit, Lighting, Rain Gutters, Rv Hookup, Storage, Uncovered Courtyard

  • Sewer

    Aerobic Septic

Construction

  • Year Built

    -

  • Home type

    Ranch

  • Architectural Style

    Barndominium

Utilities & Energy

  • Fireplace Features

    Insert

  • Parking Features

    Boat, Rv Access Parking

  • Utilities

    Electricity Available, Propane, Municipal Utilities, Septic Available, Water Available

Other Features

  • Patio And Porch Features

    Covered, Deck

  • Subdivision Name

    None

  • Lot Features

    Acreage, Agricultural, Subdivided

  • Disclosures

    Municipal Utility District Disclosure

Price History

DateEventPrice

03/27/2026

Source: #20947482

Price Decreased

$3,200,000 -18.99%

$0/sqft

02/21/2026

Source: mls_logoNTREIS MLS-TX #20947482

Price Decreased

$3,950,000 -5.95%

$0/sqft

05/27/2025

Source: mls_logoNTREIS MLS-TX #20947482

Listed for Sale

$4,200,000

$0/sqft

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Based on information from the North Texas Real Estate Information Systems, Inc., through Oct 11, 2026, 07:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.

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