4798 E FM 198, LAKE CREEK, TX 75450

Homes for sale in Lake Creek.

Homes for sale in 75450.


Active

List Price$3,200,000

4798 E FM 198

Lake Creek, TX 75450

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Listing #20947482

330

Acres

Lots / Land

Type

About This Property

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

Property Features

Location Information

County

Delta

Subdivision

NONE

Interior Features

Has Fireplace

No

Cooling

Central Air, Ceiling Fan(s), Electric

Heating

Central, Electric, Fireplace(s)

Exterior Features

Style

Barndominium

Lot Size in Acres

330

Exterior

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

Lot Size in Sq. Ft.

14,374,800

Utilities

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

Current Use

Agricultural, Cattle, Commercial, Horses, Hunting, Live

Parking Description

Boat, RV Access/Parking

Possible Best Use

Agricultural, Cattle, Grazi

Fencing

Barbed Wire, Cross Fenced, Gate, Pipe

Zoning

NOT ZONED

Patio / Deck Description

Covered, Deck

Development Status

Other

Other Structures

Arena, Covered Arena, Corral(s), Guest House, Outbuilding, Second Residence, Residence, Shed(s), See Remarks, Storage, Workshop, Barn(s), St

Road Description

Farm to Market Road, All Weather Road, Asphalt

Is a Horse Property

Yes

Is One Story

No

Horse Amenities

Barn, Hay Storage, Indoor Arena, Tack Room, Wash Rack,

Lot Description

Acreage, Agricultural, Subdivided

Lot Description

Acreage, Agricultural, Subdivided

School

Elementary School District

Cooper ISD

High School

Cooper

Elementary School

Cooper

Additional Information

Property Type

LL

Has a Home Owners Association

No

Property SubType

Ranch

Documents Available

Aerial

Status

Active

Similar Listings

Mortgage Calculator

$14,943

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$11,531

Monthly Tax

$2,666

Monthly Insurance

$746

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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