$1,149,999
$100K PRICE DROP

0 Texas 198 Canton, TX 75103

Estimated payment $7,121/month

Total Views 9,691
51.73 Acres
$22,231 Price per Acre
2,253,359 Sq Ft Lot

Highlights

  • 51.73 Acre Lot
  • Adjacent to Greenbelt
  • Pasture
  • Canton Intermediate School Rated A-
  • Partially Wooded Lot
  • Agricultural

About This Lot

T.B Green bought this land in December 1925, almost 100 years ago! For sale for the first time in nearly 100 years: 51.73 ag exempt acres in Phalba, Van Zandt County. One hour drive from downtown Dallas and located between Mabank and Canton, 10 minute drive to Mabank and 13 minute drive to Canton respectively, this gentle sloped land has great investment potential! Currently used for hay production and crops. Mostly pasture acreage with a mix of hardwoods, this property has no known restrictions. There is the potential of subdividing the north and south tracts of the property. Tract 1 is 35.17 acres, north of Hwy. 198. Tract 2 is 16.56 acres, south of Hwy. 198. Contact listing agent for additional information. See survey for information on Tracts 1 & 2.

Listing Agent

Courtney Dickens Johnson

TX Lake & Land Real Estate Brokerage Phone: 903-802-7080 License #0607334 Listed on: 10/07/2024

TX Lake & Land Real Estate

Co-Listing Agent

Jon Vines

TX Lake & Land Real Estate Brokerage Phone: 903-802-7080 License #0818496

Property Details

Property Type

  • Land

Lot Details

  • 51.73 Acre Lot
  • Property fronts a highway
  • Adjacent to Greenbelt
  • Sloped Lot
  • Partially Wooded Lot
  • Zoning described as Agricultural

Schools

  • Canton Elementary School
  • Canton High School

Farming

  • Agricultural
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 016.0320.0030.0000.0000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • OWNERNAME: MORGAN WELTON D & LYNN
  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Attribution Contact: 903-802-7080
  • Co List Office Mls Id: TLLR01
  • Co List Office Phone: 903-802-7080
  • Co List Office Mls Id: TLLR01
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48467:016.0320.0030.0000.0000
  • Special Features: VirtualTour

Exterior Features

  • RoadFrontageType: County Road, Highway, State Road
  • RoadSurfaceType: Asphalt

Utilities

  • Utilities: None

Schools

  • Elementary School: Canton
  • High School: Canton
  • Junior High Dist: Canton ISD

Lot Info

  • PossibleUse: Agricultural, Cattle, Development, Grazing, Horses, Hunting, Investment, Livestock, Multi-Family, Mini Storage, Mixed Use, Orchard, Pasture, Ranch, Residential, Recreational, Single Family, See Remarks, Subdevelopment, Unimproved
  • Lot Features: Acreage, Agricultural, Backs to Greenbelt/Park, Pasture, Sloped
  • Lot Size Units: Acres
  • Lot Size Area: 51.73
  • Parcel Number: 016.0320.0030.0000.0000
  • Lot Size Acres: 51.73
  • Lot Size Sq Ft: 2253358.8
  • Zoning Description: Agricultural
  • Present Use: Agricultural, Investment

Map

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Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2025 10/13/25 Price Changed $1,149,999 -20.7% --
10/06/2025 10/06/25 Price Changed $1,449,999 +16.0% --
10/07/2024 10/07/24 For Sale $1,250,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20748389

North Texas Real Estate Information Systems (NTREIS)