$1,250,000

0 Texas 198 Canton, TX 75103

Estimated payment $7,699/month

Total Views 7,253
53 Acres
$23,585 Price per Acre
2,308,680 Sq Ft Lot

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, with a land lease until Dec. 31, 2024. 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. Proposed Use: Agricultural, Barndominium, Cattle, Development, Equine, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Mini-Storage, Mixed Use, Multi-Family, Orchards/Vineyards, Pasture, Ranch, Recreational, Residential, Sheep/Goats, Single Family, Subdevelopment, Unimproved, Warehouse, See Remarks.

Listing Agent

Courtney Dickens

TX Lake & Land Real Estate Group License #0607334 Listed on: 04/21/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,540

Lot Details

  • 53 Acre Lot

Schools

  • Canton Elementary And Middle School
  • Canton High School

Utilities

  • Electricity Not Available
  • Natural Gas Not Available
  • Water Not Available

Property Details

Property Type

Land

Est. Annual Taxes

$9,540

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 0 St Highway 198
  • LakeCommunity: No
  • PrimaryType: Rural Acreage
  • OFFICELIST_STATE: TX
  • Restrictions: Other/See Remarks
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • ROADSURFACEINTERIOR: Asphalt

Exterior Features

  • Easements: Other/See Remarks
  • Fencing: None
  • Out Buildings: None
  • Waterfront: No
  • Water View: No

Utilities

  • Electric: None
  • Gas Company: None
  • Hot Water: None

Fee Information

  • Tax Class: RURAL ACREAGE
  • Taxes: 9540

Schools

  • Elementary School: Canton
  • Middle School: Canton
  • High School: Canton
  • Elementary School: Canton
  • High School: Canton
  • Middle School: Canton

Lot Info

  • Lot/Land Description: Other/See Remarks
  • Total Acres: 53

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2024 10/07/24 For Sale $1,250,000 -- --
Source: Greater Tyler Association of REALTORS®

Source: Greater Tyler Association of REALTORS®

MLS Number: 25006031

Greater Tyler Association of REALTORS®