4798 E FM 198, LAKE CREEK, TX 75450
Homes for sale in Lake Creek.
Homes for sale in 75450.
List Price$3,200,000
4798 E FM 198
Lake Creek, TX 75450
Listing #20947482
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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