.jpg)
- $1000k Price
- 51.73 Acres
- Study
- Game Room
- Media
- Pool
St Hwy 198 Highway
Canton, Texas 75103
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.
View Virtual TourEssential Information
- Price$999,999
- Cumulative Days on MarketUnlock
- MLS® #21422112
- Acres51.73
- TypeLand
- Sub-TypeUnimproved Land
- StatusActive
Quick Valuation Analysis from 18 Active and 11 Sold Listings
Pricing Trends from 18 Active Listings in none
| This Home's Price | $999,999 | This Home's Price Per SqFt | $ |
| Average Price | $572,467 | Average Price Per SqFt | $ |
| Highest Price | $3,800,000 | Highest Price Per SqFt | $ |
| Lowest Price | $500 | Lowest Price Per SqFt | $ |
Pricing Trends from 11 Sold Listings in none
| This Home's Price | $999,999 | This Home's Price Per SqFt | $ |
| Average Price | $301,013 | Average Price Per SqFt | $ |
| Highest Price | $1,120,000 | Highest Price Per SqFt | $ |
| Lowest Price | $49,725 | Lowest Price Per SqFt | $ |
School Information
- School DistrictCanton ISD
- Elementary SchoolCanton
- High SchoolCanton
- Intermediate SchoolCanton
- Junior High SchoolCanton
Community
Exterior
- Lot DescriptionAcreage, Adjacent to Greenbelt, Agricultural
Additional Information
- ZoningR
Private Listing Information (Registration Required)
Listing Details
- AgentCourtney Dickens Johnson
- OfficeTx Lake & Land Real Estate
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.
Listing information last updated on November 7th, 2026 at 6:16pm CST.