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Van Zandt 75103
5518 State Highway 198
$948,000
↓ $50K (5%)
● House - For Sale

5518 State Highway 198

Canton, TX 75103
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,896 Ft²
$4,940
Est. Monthly

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.
Unit Size
1,896 Ft²
Days on Market
-
Land Size
27.80 acres
Price per sqft
$500
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
-

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Last updated: 2 months ago (NTREIS #21159549)

Price History

Date / Event Date Event Price
Sep 20, 2026 Price Decreased $948,000
↓ $50K (5%)
Price Decreased
Aug 21, 2026 Price Decreased $998,000
↓ $97K (8.9%)
Price Decreased
Apr 21, 2026 Price Decreased $1,095,000
↓ $150K (12.1%)
Price Decreased
Jan 27, 2026 Listed by eXp Realty LLC $1,245,000
Listed by eXp Realty LLC
Aug 3, 2025 No longer available -
No longer available
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Property Highlights

Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Has Carport
Parking Features: Additional Parking, Asphalt, Carport, Common, Garage, Open, Workshop in Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: Kitchen Island, Decorative Lighting
Appliances: Dishwasher, Disposal, Gas Range, Vented Exhaust Fan
Flooring Type: Ceramic Tile, Wood
Laundry Features: Electric Dryer Hookup, Washer Hookup
Exterior Details
Square Footage: 1896
Architectural Style: Barndominium, Farmhouse
Year Built: 1961
Levels: One
Other Structures: Outbuilding, Workshop w/Electric
Window Features: Window Coverings
Patio and Porch Features: Covered
Lot Features: Acreage
Lot Size Area: 27.8
Lot Size Units: Acres
Lot Size Acres: 27.8
Lot Size Square Feet: 1210968
Financial Details
Tax Annual Amount: $3,415
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Van Zandt


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Frequently Asked Questions

When was property at 5518 Texas 198 built and last sold?
The property at 5518 Texas 198 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5518 Texas 198 is $927,511.
What are some comparable homes to 5518 Texas 198?
There are currently no comparable homes to 5518 Texas 198.