51.73 Acres of
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
(903) 802-7080
Listed By:
Courtney Dickens Johnson · License #0607334
(214) 532-8327
Added: Mar 31
Changed: Aug 2
Last Checked: Sep 2 at 12:06PM
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
Location Intelligence
Trade Area within ½ mile
12
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 - 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
