New
3D tour
$999,999
· 51.73 acre lot
State Highway 198, Canton, TX 75103
Land ·
$6,258/mo est. payment
3D tourFlood factor 1/10
About this home
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.
Facts and features
Land Info
- Land Lease: Yes
- Lot Description: Acreage, Agricultural, Backs To Greenbelt Park
- Lot Size Acres: 51.73
- Lot Size Source: Public Records
- Vegetation: Grassed, Partially Wooded
- Lot Size Square Feet: 2253359
Exterior and Lot Features
- Road Frontage Type: County Road, Highway
- Road Surface Type: Asphalt
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
- Senior Community: No
School Information
- Elementary School: Canton
- High School: Canton
- Middle School: Canton
Amenities and Community Features
- Community Features: Trails Paths
Other Property Info
- Source Listing Status: Active
- County: Van Zandt
- Current Use: Agricultural, Investment, Livestock, Pasture, Unimproved, Vacant
- Directions: From Hwy. 175 and St. Hwy. 198 in Mabank, drive 8.3 miles north on Hwy. 198 towards Canton. Turn left on VZCR 2410 for the north side of the property. Across Hwy. 198, turn right on VZCR 2311 for the south side of the property.
- Restrictions: Deed Restrictions
- Source Property Type: Land
- Possible Use: Agricultural, Cattle, Commercial, Dairy, Development, Farm, Fishery, Grazing, Horses, Hunting, Industrial, Investment, Livestock, Manufactured Home, Multi Family, Mobile Home, Mini Storage, Mixed Use, Orchard, Pasture
- Parcel Number: R000004132
Building and Construction
- Architectural Style: Barndominium
Schools
- 8
Canton Intermediate School
elementary · 3-5 · 9.5 mi
- 8
Canton High School
high · 9-12 · 9.6 mi
- 8
Canton Junior High School
middle · 6-8 · 10.5 mi
Canton Elementary School
elementary · K-2 · 10.3 mi
Price history
- Oct 28, 2026 · Listed$999,999
Where it is
Listed by Courtney Dickens, TX Lake & Land RE Group · TX Lake & Land Real Estate Group · NTREIS
