About This Home

This land at St Hwy 198 in Canton, TX is listed for $999,999 (51.73 acres).

Key Features

  • 51.73 acre lot
Listing Description

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.

Location

St Hwy 198

Canton, TX 75103

Questions & Answers

This 0-bedroom, 0-bathroom land at St Hwy 198 is listed at $999,999. The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 51.73 acre lot.

This property is listed by Courtney Dickens Johnson.

CJ

Courtney Dickens Johnson

Agent at SCOUT RE

Listed by SCOUT RE · Broker phone: (214) 532-8327 · View on Broker Site

MLS# 21422112· Source: North Texas Real Estate Information Systems, Inc.· Added to PropertySimple today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

St Hwy 198, Canton, TX 75103

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