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5518 State Highway 198, Canton, Texas– $948,000
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  • 3 Beds
  • 1 Bath
  • 1,896 Sqft
  • 1 Garage
  • 27.8 Acres
  • 1961 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 3 Beds
  • 1 Bath
  • 1,896 Sqft
  • 1 Garage
  • 27.8 Acres
  • 1961 Year Built
  • Study
  • Game Room
  • Media
  • Pool

5518 State Highway 198
Canton, Texas 75103-4682

County: Van Zandt Rural

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.

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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$948,000
  • Est. Payment /m
  • Reduced By$297,000
  • Cumulative Days on MarketUnlock
  • MLS® #21159549
  • Bedrooms3
  • Bathrooms1.00
  • Square Footage1,896
  • Acres27.80
  • Year Built1961
  • TypeResidential
  • Sub-TypeFarm/Ranch
  • StyleBarndominium, Modern Farmhouse
  • StatusActive
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Quick Valuation Analysis from 4 Active and 7 Sold Listings

Pricing Trends from 4 Active Listings in Rural

This Home's Price $948,000 This Home's Price Per SqFt $
Average Price $668,225 Average Price Per SqFt $
Highest Price $948,000 Highest Price Per SqFt $
Lowest Price $350,000 Lowest Price Per SqFt $

Pricing Trends from 7 Sold Listings in Rural

This Home's Price $948,000 This Home's Price Per SqFt $
Average Price $411,914 Average Price Per SqFt $
Highest Price $675,000 Highest Price Per SqFt $
Lowest Price $125,500 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address5518 State Highway 198
  • SubdivisionRural
  • CityCanton
  • CountyVan Zandt
  • StateTexas
  • Zip Code75103-4682
  • HOANone
  • UtilitiesAerobic Septic, All Weather Road, Asphalt, Co-op Electric, Co-op Water, Private Sewer, Septic, Well
  • Taxes3415

Amenities

  • # of Garages1
  • GaragesAdditional Parking, Asphalt, Carport, Common, Garage, Open, Workshop in Garage

Interior

  • Interior FeaturesDecorative Lighting, Kitchen Island
  • AppliancesList Available
  • FloorsCeramic Tile, Wood

Exterior

  • Exterior FeaturesCovered Patio/Porch, RV/Boat Parking, Storage
  • FenceBarbed Wire, Gate, Partial
  • Lot DescriptionAcreage

Construction Details / Floorplan

  • Living Areas1
  • Dining Rooms1
  • Full Baths1
  • RoofComposition
  • FoundationPillar/Post/Pier

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Private Listing Information (Registration Required)

Listing Details

  • AgentBrittany Gutierrez
  • OfficeExp Realty Llc

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Listing information last updated on October 14th, 2026 at 11:55pm CDT.