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51.73 Acres of Farmland
For Sale
$1,095,000

St Hwy 198, Canton, TX 75103

LAND - Other - Canton, TX

Property SizeContact for details
Lot Size51.73 Acres
Days on Market156

Property Features for St Hwy 198

General Information

Property type Land
Property subtype Other
Zoning description Agricultural
Vegetation Wooded
Lot features Acreage, Agricultural, Backs To Greenbelt Park, Pasture, Sloped
Elementary school Canton
High school Canton
Elementary school district Canton ISD
Middle school district Canton ISD
High school district Canton ISD
Directions From Hwy. 175 and St. Hwy. 198 in Mabank, drive 8.3 miles north on Hwy. 198 towards Canton. Turn left on VZCR 2410 for the north side of the property. Across Hwy. 198, turn right on VZCR 2311 for the south side of the property.
Standard status Active
APN 016.0320.0030.0000.0000
Lot size 51.73 Acres

Building Details

Architectural style Other
Listing Agency: TX Lake & Land Real Estate
Listed By: Courtney Dickens Johnson · License #0607334
Added: Mar 31 Changed: Aug 2 Last Checked: Sep 2 at 11:06AM
MLS# 20748389

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.

Investment Insights

Based on property information with market context.

Available for sale for the first time in nearly 100 years is a 51.73-acre agricultural-exempt property in Phalba, Van Zandt County. The land is located an hour's drive from downtown Dallas, situated between Mabank and Canton; a 10-minute drive to Mabank and a 13-minute drive to Canton. The gently sloped land is currently utilized for hay production and crops. The property consists mostly of pasture acreage with a mix of hardwoods and has no known restrictions. There is potential for subdividing the property into two tracts. Tract 1 is 35.17 acres, north of Hwy. 198, and Tract 2 is 16.56 acres, south of Hwy. 198, offering investment potential.

Key Highlights

  • 51.73 ag exempt acres
  • One hour drive from downtown Dallas
  • No known restrictions

Property Analytics

Current Use

Agricultural land / Farmland

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 75103, TX

15,162
Population
6,967
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
90%
High-School Grad
196.4 sq mi
ZIP Area
77
Density / Sq Mi
$69,271
Median Household Income
$43,450
Median Earnings
$1,069
Median Rent
$228,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Ag exempt land near Mabank and Canton, TX.
Where is this agricultural land / farmland located?
The property is located at St Hwy 198 Canton, TX.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 51.73 ag exempt acres; One hour drive from downtown Dallas; No known restrictions
More about this property
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