Paragon Realtors Real Estate

5518 State Highway 198Canton, TX 75103Price: $1,095,000

  • Price: $1,095,000
  • Est. Mortgage of $/month
  • 114 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,095,000List Price
  • 3Bedrooms
  • 1Bathrooms
  • 27.8Acreage
  • 1,896Square Feet

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Listed by Brittany Gutierrez of eXp Realty LLC (469-371-9478)
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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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 10:51 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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