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    St Hwy 198 Hwy Canton, TX 75103

    For Sale
    $1,149,999

    Unimproved Land - Canton, TX

    Type:Unimproved Land
    Lot size:
    51.73 Acres
    Days on Market:
    58
    Last Refresh:
    Dec 9 at 8:06 pm

    Property Features for St Hwy 198 Hwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    016.0320.0030.0000.0000
    Lot size
    51.73 Acres

    Building Details

    Architectural style
    Other

    SCOUT RE (214) 532-8327

    Listing agent Courtney Dickens Johnson (903) 802-7080 License #0607334

    Listing date Oct 13, 2025

    MLS# 20748389 Listing URL

    Copyright © 2025 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.

    Overview

    51.73 Acres of Ag Exempt Land

    Available for purchase for the first time in nearly a century, this 51.73-acre agricultural exempt property is located in Phalba, Van Zandt County. The gently sloped land, currently utilized for hay production and crops, is primarily pasture acreage with a mix of hardwoods. Situated an hour's drive from downtown Dallas, the property lies between Mabank and Canton, a 10-minute drive to Mabank and a 13-minute drive to Canton. The property has no known restrictions and offers potential for subdivision into two tracts. Tract 1, north of Hwy. 198, comprises 35.17 acres, while Tract 2, south of Hwy. 198, consists of 16.56 acres. This property presents a great investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Canton
    County
    Van Zandt
    State
    Texas
    Longitude
    -95.97636217
    Latitude
    32.4270008

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    FAQs

    What type of property is this?
    Agricultural land - Ag exempt land for sale, one hour from Dallas.
    Where is this agricultural land located?
    The property is located at St Hwy 198 Hwy Canton, TX.
    What is the asking price?
    The asking price for this property is $1,149,999.
    What are key features of this property?
    This property features: - 51.73 ag exempt acres; - One hour drive from downtown Dallas; - No known restrictions
    (903) 802-7080
    Request Owner's contact information
    St Hwy 198 Hwy Canton, TX 75103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

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    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    St Hwy 198 Hwy Canton, TX 75103
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