Ranch With Equestrian
For Sale
$3,200,000
4798 E FM 198, Lake Creek, TX 75450
Land, Lake Creek, TX
Property Size4,300 SF
Lot Size330.00 Acres
Price / SF$744.19
Days on Market186
Property Features for 4798 E FM 198
General Information
Property type
Land
Property subtype
Other
Zoning description
NOT ZONED
Parking features
RV, Boat
Patio and Porch features
Deck
Exterior features
Deck, FirePit, Lighting, RainGutters, RvHookup, Storage, UncoveredCourtyard
Fencing
Fenced, Gate
Fireplace
1
Lot features
Acreage, Agricultural, Subdivided
Elementary school
Cooper
High school
Cooper
Elementary school district
Cooper ISD
Middle school district
Cooper ISD
High school district
Cooper ISD
Directions
4802 Fm 198, Lake Creek, 75450
Standard status
Active
APN
2972
Lot size
330.00 Acres
Utilities
Utilities
Propane
Sewer type
Aerobic Septic
Heating system
Fireplace(s), Central, Electric (Heating)
Cooling system
Central Air, Electric, Ceiling Fan(s)
Building Details
Architectural style
Other
Additional Structures
Storage, Arena
Listing Agency:
Stewart Realty & Associates
(903) 243-0379
Listed By:
Sabrina Kreutzer · License #0750128
(803) 243-0379
Added: Mar 27
Changed: Sep 17
Last Checked: Sep 28 at 8:06AM
MLS# 20947482
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 330-acre ranch at 4798 E FM 198 includes native grass pastures, six cross-fenced grazing areas, covered cattle working pens, and seven ponds. The property is currently used for 120 head of cattle and includes a 30 x 40 shop with a 20' overhang for equipment storage. An equestrian operation anchors the ranch with a 100 x 225' lighted covered arena, an adjoining 30 x 225' covered barn, nine pipe pens, and automatic water. Additional horse facilities include four 1-acre turnout pastures and two 2-acre turnouts, each with covered sheds and auto water.
Three residences provide on-site housing: a 1,700-square-foot, 3-bedroom, 1-bath ranch house; a 2019 1,400-square-foot manufactured home with 3 bedrooms and 2 baths; and a newly built 1,200-square-foot barndominium-style home with 2 bedrooms and 1 bath. The land also includes deer, hogs, waterfowl hunting, and bass fishing. Lake Creek is 20 minutes south of Paris and 80 miles north of Dallas.
Three residences provide on-site housing: a 1,700-square-foot, 3-bedroom, 1-bath ranch house; a 2019 1,400-square-foot manufactured home with 3 bedrooms and 2 baths; and a newly built 1,200-square-foot barndominium-style home with 2 bedrooms and 1 bath. The land also includes deer, hogs, waterfowl hunting, and bass fishing. Lake Creek is 20 minutes south of Paris and 80 miles north of Dallas.
Key Highlights
- 330‑acre ranch with six cross‑fenced pastures and covered cattle working pens
- Currently running 120 head of cows
- 100 x 225' fully lighted covered arena with adjoining 30 x 225' covered barn
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 75450, TX
293
Population
245
Households
1.2
Avg Household Size
50
Median Age
8%
College-Educated
97%
High-School Grad
57.3 sq mi
ZIP Area
5
Density / Sq Mi
$64,390
Median Earnings
$215,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Ranch - Working ranch with cattle infrastructure, multiple residences, ponds, and a covered facility for horse training or boarding.
Where is this ranch located?
The property is located at 4798 E FM 198 Lake Creek, TX.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 330‑acre ranch with six cross‑fenced pastures and covered cattle working pens; Currently running 120 head of cows; 100 x 225' fully lighted covered arena with adjoining 30 x 225' covered barn
