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$4,200,000

4798 E Fm 198 Lake Creek, TX 75450

446.0 acres
Land

Property details

About 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

Highlights

Home typeSingle Family Residence
HeatingCentral, Electric, Fireplace(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Lot size446 Acres
ParkingBoat, RV Access/Parking
MLS #20947482
FireplaceInsert

Virtual tour

Summary

  • Fireplace: Insert
  • Parking: Boat, RV Access/Parking
  • Exterior: Deck, Fire Pit, Lighting, Rain Gutters, RV Hookup, Storage, Uncovered Courtyard
  • Heating: Central, Electric, Fireplace(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • List Price: $4,200,000
  • Lot: Agricultural, Subdivision
  • Directions: 4802 Fm 198, Lake Creek, 75450
  • Lot Size: 446 Acres
  • MLS Number: 20947482
  • MLS Name: NTR
  • Office Name: Stewart Realty & Associates
  • Office Phone: (903) 243-0379
  • Listing Agent: Sabrina Kreutzer

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 7/31/2025, 5:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

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Tax history

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Nearby schools

4

Cooper Elementary School

Public District PK-5

10.2 mi

1401 SW 8th St

7

North Hopkins Elementary School

Public District PK-6

11.8 mi

1994 Farm Road 71 W

7

Chisum Elementary School

Public District PK-5

14.0 mi

3250 S Church St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,090. Typical income of Lake Creek, TX residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

41%
<35k
42%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

34%
Single, No Kids
7%
Single, with Kids
37%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
9%
12-17 yrs old
14%
18-34 yrs old
46%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 4798 E Fm 198

The listing price of 4798 E Fm 198 property is $4,200,000.

The property 4798 E Fm 198 is land located in Lake Creek, Texas, 75450.

Active Listing: 4798 E Fm 198 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 4798 E Fm 198 are: Cooper Elementary School (GreatSchools Rating 4/10), North Hopkins Elementary School (GreatSchools Rating 7/10), Chisum Elementary School (GreatSchools Rating 7/10), Cooper Jr High School (GreatSchools Rating 6/10), Prairiland Jr High School (GreatSchools Rating 6/10), Chisum Middle School (GreatSchools Rating 6/10), Sulphur Bluff Independent School District (GreatSchools Rating 7/10), Cooper High School (GreatSchools Rating 6/10), North Hopkins High School (GreatSchools Rating 6/10).

The property 4798 E Fm 198 is 446 acres.

This home is located at 4798 E Fm 198 in Lake Creek, TX and zip code 75450. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $4,200,000.

From Rocket Homes Real Estate and based on county public records data.

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