5518 State Highway 198 - Specialty FOR SALE


Canton, TX 75103
$1,245,000 USD
888-519-7431
5518 State Highway 198, Canton, TX for Sale
$1,245,000 USD
Specialty - FOR SALE
1/45
null | Request Cap Rate

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5518 State Highway 198
Canton, TX 75103


HIGHLIGHTS

  • 27.8 +/- ACRES
  • Frontage on TX 198 and FM 1651
  • country living, flexible infrastructure, & true expansion potential

OVERVIEW

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 and 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 finishedout 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 and 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—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, and weekends hosting friends under the big Texas sky. With close proximity to Canton’s First Monday Trade Days, offers potential for a unique STR or event concept. This property blends country living, flexible infrastructure, & true expansion potential, CCV is ready for its next chapter.

FOR SALE DETAILS

PRICE

$1,245,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

27.8 AC

LAND SF

1,210,968 SF

ZONING

None-rural

APN/PARCEL ID

R000004339,R00005589,R000102398,R000108057,R000109424

ASK ABOUT THIS PROPERTY

Brittany GutierrezeXp Realty - AnnaMore Info
888-519-7431

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Brittany GutierrezeXp Realty - AnnaMore Info
888-519-7431

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.