St Hwy 198 Canton, TX 75103

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Listing Agency TX Lake & Land Real Estate Show Phone

Gun Barrel City, TX

Listed by Courtney Dickens Johnson · License #0607334 Show Phone

Added: Mar 31 Checked: Jul 18 at 2:06 pm

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MLS# 20748389 Listing URL

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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

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FAQs

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