Ag Exempt Acres For
For Sale
$1,095,000
0 St Hwy 198 Hwy, Canton, TX 75103
51.73 acres in Van Zandt County, one hour from Dallas.
Property SizeContact for details
Lot Size51.73 Acres
Days on Market278
Property Features for 0 St Hwy 198 Hwy
General Information
Standard status
Active
Lot size
51.73 Acres
Property subtype
Land
Listing Agency:
TX Lake & Land Real Estate
(903) 802-7080
Listed By:
Courtney Dickens Johnson · License #0607334
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 28
Last Checked: Sep 1 at 8:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TX Lake & Land Real Estate
Investment Insights
Based on property information with market context.
Available for purchase is a 51.73-acre agricultural-exempt property in Phalba, Van Zandt County. The land, currently utilized for hay production and crops, is primarily pasture acreage with a mix of hardwoods. The property has been owned since December 1925 and is being offered for sale for the first time in nearly 100 years. Located an hour's drive from downtown Dallas, the gently sloped land is situated between Mabank and Canton, approximately 10 minutes from Mabank and 13 minutes from Canton. The property has no known restrictions, offering potential for various uses. There is potential for subdividing the property into two tracts: Tract 1, north of Hwy. 198, encompasses 35.17 acres, while Tract 2, south of Hwy. 198, comprises 16.56 acres.
Key Highlights
- 51.73 ag exempt acres
- One hour drive from downtown Dallas
- No known restrictions
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
8
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Agricultural land / Farmland - 51.73 acres in Van Zandt County, one hour from Dallas.
Where is this agricultural land / farmland located?
The property is located at 0 St Hwy 198 Hwy 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
