0 St Hwy 198 Highway, Canton, TX 75103 - Photo 1

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$1,095,000

For Sale
Active
Lots/Land
51.73 Acres

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Property Description

T.B Green bought this land in December 1925, almost 100 years ago! For sale for the first time in nearly 100 years: 51.73 ag exempt acres in Phalba, Van Zandt County. One hour drive from downtown Dallas and located between Mabank and Canton, 10 minute drive to Mabank and 13 minute drive to Canton respectively, this gentle sloped land has great investment potential! Currently used for hay production and crops. Mostly pasture acreage with a mix of hardwoods, this property has no known restrictions. There is the potential of subdividing the north and south tracts of the property. Tract 1 is 35.17 acres, north of Hwy. 198. Tract 2 is 16.56 acres, south of Hwy. 198. Contact listing agent for additional information. See survey for information on Tracts 1 & 2.

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Full Property Details

Full Property Details for 0 St Hwy 198 Hwy

General

Price: $1,095,000
Status: Active
Type: Lots/Land
Source: NTREIS
MLS ID: 20748389
Updated: 3/31/2026
Added to Site: 581 day(s) ago

Location

County: Van Zandt
Subdivision: none
Driving 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.

School Information

Elem School District: Canton ISD
Midd School District: Canton ISD
High School District: Canton ISD
Elementary School: Canton
High School: Canton

Structural Information

Architectural Style: Barndominium
Detached/Attached: Detached
Current Bldg. Use: Agricultural, Investment

Lot Features

Lot Size (Acres): 51.73
Lot Size (Sq. Ft.): 2,253,358.8
Lot Size Source: Appraiser
Frontage: County Road, Highway, State Road, Asphalt
Lot Features: Acreage, Agricultural, Backs to Greenbelt/Park, Pasture, Sloped
Potential Use: Agricultural, Cattle, Development, Grazing, Horses, Hunting, Investment, Livestock, Multi-Family, Mini Storage, Mixed Use, Orchard, Pasture, Ranch, Residential, Recreational, Single Family, See Remarks, Subdevelopment, Unimproved
Trees/Vegetation: Partially Wooded
Land Lease Avail: Yes
Zoning: Agricultural

Financial Considerations

Terms: Cash, Conventional, 1031 Exchange, VA Loan

Disclosures and Reports

Documents Avail.: Survey
Property ID: 016.0320.0030.0000.0000

Listed by TX Lake & Land Real Estate, Courtney Dickens Johnson and TX Lake & Land Real Estate, Jon Vines

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Listing agents

— 0 St Hwy 198 Hwy —

Courtney Dickens Johnson

TX Lake & Land Real Estate
Jon Vines

TX Lake & Land Real Estate

903-802-7080

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NMLS#: 1598647

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Schools

Schools serving 0 St Hwy 198 Hwy

School District:Mabank Independent School District

Name	Grades	Distance
Mabank High School 18786 E Hwy 175, Mabank, TX 75147	9-12	3.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 0 St Hwy 198 Hwy Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/31/2026

Price Reduced

$1,095,000

-4.78%

MLS

10/13/2025

Price Reduced

$1,149,999

-20.69%

MLS

10/06/2025

Price Increased

$1,449,999

16%

MLS

10/07/2024

Listed

$1,250,000

—

MLS

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 0 St Hwy 198 Hwy

Year

Property Taxes

Change

Tax Assessment

Change

2024

$17

—

$68,150

-4%

2024

$17

-6%

$70,800

-38%

2023

$18

—

$114,610

31%

2022

$18

6%

$87,620

39%

2021

$17

13%

$63,190

100%

2020

$15

-6%

100%

2019

$16

7%

100%

2018

$15

7%

100%

2017

$14

—

100%

2016

$14

—

100%

2015

$14

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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0 St Hwy 198 Highway, Canton, TX 75103 (MLS# 20748389) is a Lots/Land property with a lot size of 51.73 acres. 0 St Hwy 198 Highway is currently listed for $1,095,000 and was received on October 07, 2024. Want to learn more about 0 St Hwy 198 Highway? Do you have questions about finding other Lots/Land real estate for sale in Canton? You can browse all Canton real estate or contact a Coldwell Banker agent to request more information.

0 St Hwy 198 Hwy Canton, TX 75103