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Andrew Smith

andrew@theandrewsmithteam.com +1(469) 388-0978

$ 3,200,000

Est. payment -/mo

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Active

4798 E FM 198 Lake Creek, TX 75450

330 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Ranch

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20947482

Style Barndominium

HOA Y/N No

Lot Size 330.000 Acres

Acres 330.0

Property Sub-Type Ranch

Property Description

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

Location

State TX

County Delta

Zoning NOT ZONED

Direction 4802 Fm 198, Lake Creek, 75450

Rooms

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

Interior

Heating Central, Electric, Fireplace(s)

Cooling Central Air, Ceiling Fan(s), Electric

Fireplaces Type Insert

Fireplace Yes

Exterior

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

Parking Features Boat, RV Access/Parking

Fence Barbed Wire, Cross Fenced, Gate, Pipe

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

Present Use Agricultural,Cattle,Commercial,Horses,Hunting,Livestock,Manufactured Home,Multi-Family,Pasture,Ranch,Residential,Recreational,Single Family,Timber

Street Surface Asphalt

Porch Covered, Deck

Road Frontage Farm to Market Road, All Weather Road

Building

Lot Description Acreage, Agricultural, Subdivided

Sewer Aerobic Septic

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

Schools

Elementary Schools Cooper

High Schools Cooper

School District Cooper Isd

Others

Tax ID 2972

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20947482