5518 STATE HIGHWAY 198, CANTON, TX 75103
Homes for sale in Canton.
Homes for sale in 75103.
List Price$1,095,000
5518 State Highway 198
Canton, TX 75103
Listing #21159549
About This Property
Welcome to Cannon Creek Vineyard, a rare East Texas retreat where wide open skies, gentle rolling acreage, & thoughtful improvements create the perfect setting to live, host, & build a legacy. Set on 27.8 sprawling acres, this hobby vineyard is positioned for opportunity with excellent road exposure & access, featuring frontage along TX 198 & FM 1651. A true highlight of the land is the 3 acre pond, creating a peaceful backdrop for sunsets, fishing, & outdoor gatherings. Adding to the property's uniqueness is a 5 acre vineyard (approx.) with a mature, established variety of vines, ready for the next owner to enjoy, expand, or simply savor as part of the experience. At the heart of the property is an impressive 5,800 SF tasting room & barn, full of possibility. Keep it as a destination for entertaining, or reimagine it as a stunning party barn for gatherings & celebrations. This structure could be converted into a finished out barndo homestead or additional living quarters, ideal for multi generational living, guests, or income potential. The current kitchen area has electrical & plumbing in place, providing the framework for a fully operational kitchen. The main home is a standout, spacious & well designed, with original hardwood floors that bring warmth & timeless appeal throughout. The layout is thoughtfully arranged to maximize every square foot, offering comfortable room sizes, great flow, & a sense of openness. The acreage invites you to dream bigger with ample space to build another residence, add multiple tiny homes, or create a destination style getaway. Picture evenings spent watching gorgeous sunsets wash over the gentle terrain, mornings by the pond, & weekends hosting friends under the big Texas sky. With close proximity to Canton's First Monday Trade Days, this property offers potential for a unique STR or event concept. Blending country living, flexible infrastructure, & true expansion potential, Cannon Creek Vineyard is ready for its next chapter.
Property Features
Location Information
County
Van Zandt
Subdivision
Rural
Interior Features
Rooms
First Floor Bedroom, First Floor Bedroom, First Floor Breakfast Room/Nook, First Floor Dining Room, First Floor Full Bath, First Floor Kitchen, First Floor Living Room, First Floor Primary Bedroom
Has Fireplace
No
Interior
Decorative/Designer Lighting Fixtures, Kitchen Island
Number of Fireplaces
0
Master Bedroom Description
15 x 15
Heating
Central, Electric
Full Baths
1
Cooling
Central Air, Electric
Dining Room Description
13 x 11
Floors
Ceramic Tile, Wood
Living Room Description
32 x 13
Laundry
Washer Hookup, Electric Dryer Hookup
Kitchen Description
15 x 10
Appliances
Dishwasher, Disposal, Gas Range, Vented Exhaust Fan
Exterior Features
Style
Farmhouse, Modern, Barndominium, Detached
Pool Description
None
Stories
1
Other Structures
Outbuilding, Workshop
Exterior
Storage
Lot Description
Acreage
Foundation
Pillar/Post/Pier
Lot Size in Acres
27.8
Roof
Composition
Lot Size in Sq. Ft.
1,210,968
Utilities
Electricity Available, Sewer Available, Septic Available, Water Available
Current Use
Agricultural, Orchard, Ranch, Residential, Single Fami
Parking Description
Additional Parking, Asphalt, Common, Carport, Garage, Open, Workshop in Garage, Boat, RV Access/Parking
Possible Best Use
Agricultural, Cattle, Comme
Has Garage
Yes
Road Description
Farm to Market Road, State Road, All Weather Road, A
Garage Spaces
1
Is One Story
Yes
Fencing
Barbed Wire, Gate, Partial
Lot Description
Acreage
Patio / Deck Description
Covered
Windows Description
Window Coverings
School
Elementary School District
Canton ISD
High School
Canton
Elementary School
Canton
Additional Information
Property Type
FRM
Has a Home Owners Association
No
Property SubType 2
House
Tax Annual Amount
3415.0
Property SubType
Farm
Exclusions
See EXHIBIT A for FFE exclusions and available items in NTREIS or email [email protected]
Year Built
1961
Documents Available
Aerial
Status
Active
Similar Listings
Mortgage Calculator
$5,112
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$3,945
Monthly Tax
$912
Monthly Insurance
$255
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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