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Ranch with Covered Riding Arena
For Sale
$3,400,000

4802 E FM 198, Lake Creek, TX 75450

Land, Lake Creek, TX

Property SizeContact for details
Lot Size446.00 Acres
Days on Market8

Property Features for 4802 E FM 198

General Information

Property type Land
Property subtype Other
Zoning description NOT ZONED
Parking features Boat, RV
Vegetation Wooded
Patio and Porch features Deck
Exterior features Deck, FirePit, Lighting, RainGutters, RvHookup, Storage, UncoveredCourtyard
Fencing Gate, Fenced
Fireplace 1
Lot features Acreage, Agricultural, Subdivided
Elementary school Cooper
Middle 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 446.00 Acres

Utilities

Utilities Propane
Sewer type Aerobic Septic
Heating system Fireplace(s), Electric (Heating), Central
Cooling system Electric, Central Air, Ceiling Fan(s)

Building Details

Architectural style Other
Additional Structures Arena, Storage
Listing Agency: Stewart Realty & Associates
Listed By: Sabrina Kreutzer · License #0750128
Added: Oct 30 Changed: Nov 5 Last Checked: Nov 6 at 8:06AM
MLS# 21425049

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.

Rey
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Investment Insights

Based on property information with market context.

This 446-acre ranch includes an operating 120-head cow-calf enterprise, six cross-fenced pastures, covered cattle-working facilities and nine ponds. A 30 x 40-foot shop provides additional equipment storage. The property also has three residences: a roughly 1,700-square-foot, three-bedroom house; a 2019 manufactured home with 1,400 square feet, three bedrooms and two bathrooms; and a newly built 1,200-square-foot barndominium with two bedrooms and one bathroom.

Equestrian improvements center on a covered, lighted arena measuring 100 x 225 feet. A connected 30 x 225-foot covered loafing shed has nine pipe pens and automatic water. Four one-acre turnout pastures and two-acre turnouts are also equipped with sheds and automatic water. The ranch’s ponds and wildlife support fishing, waterfowl hunting and other outdoor recreation.

Key Highlights

  • 446 acres with an operating 120‑head cow‑calf operation
  • Six cross‑fenced pastures and covered cattle‑working facilities
  • Lighted, covered arena measuring 100 x 225 feet

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Ranches

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Ranch - The acreage supports a 120-head cow-calf operation alongside dedicated equestrian facilities and three residences.
Where is this ranch located?
The property is located at 4802 E FM 198 Lake Creek, TX.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: 446 acres with an operating 120‑head cow‑calf operation; Six cross‑fenced pastures and covered cattle‑working facilities; Lighted, covered arena measuring 100 x 225 feet
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