$999,999

0 St Hwy 198 Highway, Canton TX, 75103

Price per sqft$0.44

Lot size51.73 Acres

Property typeLand

Overview

Active

Updated 2 days ago

Offered for sale for the first time in a century, this 51.73-acre, ag-exempt property in Phalba, Van Zandt County, presents a rare opportunity to own land purchased by T.B. Green in December 1925. Located along Highway 198 between Mabank and Canton, approximately one hour from downtown Dallas, the property is just 10 minutes from Mabank and 13 minutes from Canton. Gently sloping terrain, predominantly open pasture, and a mix of hardwoods create an attractive setting with excellent investment potential. The land is currently used for hay and crop production and has no known restrictions. The property consists of two tracts: Tract 1 includes 35.17 acres north of Highway 198, and Tract 2 includes 16.56 acres south of the highway. Potential exists for further subdivision, subject to verification of applicable requirements. Contact the listing agent for additional information, and refer to the survey for details on Tracts 1 and 2.

Additional information

MLS^® ID: 21422112

Exterior Features

Lot Size: 51.73 Acres

Other Property Details

Taxes: $5,751
Tax Frequency: Annually
55+/Senior Community: No

Listed by Courtney Dickens Johnson with TX Lake & Land Real Estate
Listing Contact: 903-802-7080

The IDX display contains information sourced from the North Texas Real Estate Information Systems, Inc. as of 10/30/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/30/2026 at 9:12 PM UTC