4798 FM 198
Lake Creek, TX 75450
$3,200,000
Ranch · 330 ac
What it costs to own
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
About this home
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 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!
An additional 112 acres with two ponds may be purchased separately.
Conveniently located 20 minutes south of Paris and 80 miles north of Dallas
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Everyday life
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Listing courtesy of Stewart Realty & Associates — Sabrina Kreutzer.
Where it is
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$2,429,375
Ranch · 261.69 ac
695 County Road 1210
Lake Creek, TX 75450
Listing courtesy of Mossy Oak Properties- Cross Timbers Land & Home, LLC
$2,429,325
3 bd · 2 ba · 2,653 sq ft · 261.69 ac
695 County Road 1210
Lake Creek, TX 75450
Listing courtesy of Mossy Oak Properties- Cross Timbers Land & Home, LLC
$700,000
Land · 107.14 ac · $6,533/ac
9620 Farm Market 895
Lake Creek, TX 75450
Listing courtesy of Century 21 First Group
Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #20947482. Information last updated March 27, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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