4798 E FM 198
Lake Creek, TX, 75450
$3,200,000
Beds
0 Baths
SqFt
330 Acres
MLS #20947482 image #0

Location

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

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

Property Details

Price:
$3,200,000
MLS #:
20947482
Status:
Active
Baths:
0
Type:
Land
Subtype:
Ranch
Listed Date:
May 27, 2025
Lot Size:
14,374,800 sqft / 330.00 acres (approx)
Cooper IsdCooperCooper

Schools

School District:
Cooper ISD
Elementary School:
Cooper
High School:
Cooper

Interior

Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Central, Electric, Fireplace Insert

Exterior

Exterior Features
Covered Deck, Fire Pit, Rain Gutters, Lighting, RV Hookup, RV/Boat Parking, Stable/Barn, Storage, Uncovered Courtyard
Fencing
Barbed Wire, Cross Fenced, Gate, Pipe
Lot Size Area
330.0000
Number Of Tanks And Ponds
9

Financial

Questions? I’m here to help!
Aaron Layman
Aaron Layman Properties
Call Now: 940-209-2100

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Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.

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Market Summary

Current real estate data for Land in Lake Creek as of Apr 25, 2026
7
Land Listed
248
Avg DOM
$1,188,709
Avg List Price

Property Summary

    4798 E FM 198 Lake Creek TX is a Land for sale in Lake Creek, TX, 75450. It is listed for $3,200,000 and features 330 acres. To schedule a showing of MLS#20947482 at 4798 E FM 198 in Lake Creek, TX, contact your Aaron Layman Properties agent at 940-209-2100.
4798 E FM 198
Lake Creek, TX