St Hwy 198 Highway
Canton, TX 75103
$999,999
Land · 51.73 ac · $19K/ac
What it costs to own
Taxes shown reflect the current owner's exemptions and may change after purchase.
An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.
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.
The details
Mineral rights aren't stated in this listing — verify with the title company before purchase.
Around this home
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Everyday life
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Listing courtesy of TX Lake & Land Real Estate — Courtney Dickens Johnson.
Where it is
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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21422112. Information last updated October 28, 2026.
Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.
Ink Realty Group is brokered by eXp Realty.
Ink Realty Group
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