- Overview
- Description
- Property Details
- Location
- Facts & Features
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$999,999
Monthly Est:$4,977
-- Bed
- -- Bath
51.73acres lot
0 Street Hwy 198, Canton, TX 75103
$999,999
$4,977/moEst:
Get Pre-Approved
Unimproved Land
Built in -
$-- HOA
51.73 acres lot
$19,331/acre
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.
- Houzeo last checked: 4 hours ago
- Listing updated: October 28, 2026 at 10:10 pm
- Listing Provided by: Courtney Dickens Johnson , Jon Vines | TX Lake & Land Real Estate (903) 802-7080
- Source: NTREIS MLS-TX | MLS#: 21422112

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
51.73 acres lot
Basement Area
- sqft
MLS Name
NTREIS MLS
MLS Number
21422112
MLS Status
Active
Cumulative Days on Market
731

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Construction
Year Built
-
Home type
Unimproved Land
Architectural Style
Barndominium
Utilities & Energy
Utilities
None
Other Features
Community Features
Trails Paths
Vegetation
Grassed, Partially Wooded
Subdivision Name
None
Lot Features
Acreage, Agricultural, Backs To Greenbelt Park
Price History
| Date | Event | Price |
|---|---|---|
10/28/2026 Source: | Listed for Sale | $999,999 $0/sqft |
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Based on information from the North Texas Real Estate Information Systems, Inc., through Nov 05, 2026, 12:45PM. Information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. ©2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.
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