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5518 State Highway 198 Canton, TX 75103

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UPDATED:

$ 948,000
5518 State Highway 198 Canton, TX 75103
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5518 State Highway 198, Canton, TX 75103
5518 State Highway 198, Canton, TX 75103
5518 State Highway 198, Canton, TX 75103
5518 State Highway 198, Canton, TX 75103
5518 State Highway 198, Canton, TX 75103
5518 State Highway 198, Canton, TX 75103
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GP Theriot IV

GP Theriot IV

gp@gptheriot.com +1(214) 789-5888
$ 948,000
Est. payment | /mo

3 Beds

1 Bath

1,896 SqFt


Save Virtual Tour
$ 948,000
Est. payment | /mo
Save Virtual Tour

3 Beds

1 Bath

1,896 SqFt

Key Details

Property Type Vacant Land

Sub Type Farm

Listing Status Active

Purchase Type For Sale

Square Footage 1,896 sqft

Price per Sqft $500

Subdivision Rural

MLS Listing ID 21159549

Style Farmhouse,Modern,Barndominium,Detached

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1961

Annual Tax Amount $3,415

Lot Size 27.800 Acres

Acres 27.8

Property Sub-Type Farm

Property Description

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.

Location

State TX

County Van Zandt

Direction Located 7 miles southwest of Canton on State Hwy 198 on the right (west) side.

Rooms

Other Rooms Outbuilding, Workshop

Interior

Interior Features Decorative/Designer Lighting Fixtures, Kitchen Island

Heating Central, Electric

Cooling Central Air, Electric

Flooring Ceramic Tile, Wood

Equipment List Available

Fireplace No

Window Features Window Coverings

Appliance Dishwasher, Disposal, Gas Range, Vented Exhaust Fan

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Storage

Parking Features Additional Parking, Asphalt, Common, Carport, Garage, Open, Workshop in Garage, Boat, RV Access/Parking

Garage Spaces 1.0

Carport Spaces 2

Fence Barbed Wire, Gate, Partial

Pool None

Utilities Available Electricity Available, Sewer Available, Septic Available, Water Available

Water Access Desc Community/Coop,Well

Roof Type Composition

Present Use Agricultural,Orchard,Ranch,Residential,Single Family

Street Surface Asphalt

Porch Covered

Road Frontage Farm to Market Road, State Road, All Weather Road

Garage Yes

Private Pool No

Building

Lot Description Acreage

Dwelling Type House

Foundation Pillar/Post/Pier

Sewer Aerobic Septic, Private Sewer, Septic Tank

Water Community/Coop, Well

Level or Stories One

Additional Building Outbuilding, Workshop

Schools

Elementary Schools Canton

Middle Schools Canton

High Schools Canton

School District Canton Isd

Others

Tax ID R000004339

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21159549

Nearby Locations

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GP Theriot IV
GP Theriot IV

Real Estate Consultant, US Army Veteran (CPT) Lic# 0817775

gp@gptheriot.com

+1(214) 789-5888

5605 North McArthur Blvd, Irving, TX 75038, USA

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5518 State Highway 198

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Broker - TransparentProud Partner of FGP

eXp Realty

GP Theriot IV Lic# 0817775

+1(214) 789-5888 gp@gptheriot.com

5605 North McArthur Blvd, Irving, TX 75038, USA

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