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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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5518 State Highway 198 , Canton, TX 75103
$998,000
Est. Payment: $5,138.14/mo
3 Bed
1 Bath
1896 Sqft
Status: active | Days on site: 209
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Brittany Gutierrez , and Eric Gutierrez , eXp Realty LLC , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
27.8

Year Built

1961

County

Van Zandt

Neighborhood

Rural

School District

Canton ISD

Listing ID

21159549

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Dishwasher, Disposal, Gas Range, Vented Exhaust Fan, List Available
Air Cond:Central Air,Electric
Fireplaces:
Floor:Ceramic Tile,Wood
Other:
  • Additional:Decorative Lighting, Kitchen Island, Master on Main

Exterior Features

Lot:Acreage,10 to < 50 Acres
Roof:Composition
Others:
  • Additional:Covered Patio/Porch, RV/Boat Parking, Storage
Parking Features:Additional Parking,Asphalt,Carport,Common,Garage,Open,Workshop in Garage
Principal Interest
$5,138
Taxes
$285

Home Price

$998,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$199,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,138.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,138.14 $284.58 $0.00 $5,422.72
Yearly $61,657.65 $3,415.00 $0.00 $65,072.65
Total $1,849,729.47 $102,450.00 $0.00 $1,952,179.47

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Canton, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

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