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Land for Sale in Canton, Texas

ST Highway 198, Canton, TX 75103

$999,999
51.7 acres
Active sale
ago
Est $7,517/mo

Offered for sale for the first time in a century, this 51.73-acre, ag-exempt property in Phalba, Van Zandt County, presents a rare opportunity to own land purchased by T.B. Green in December 1925. Located along Highway 198 between Mabank and Canton, approximately one hour from downtown Dallas, the property is just 10 minutes from Mabank and 13 minutes from Canton. Gently sloping terrain, predominantly open pasture, and a mix of hardwoods create an attractive setting with excellent investment potential. The land is currently used for hay and crop production and has no known restrictions. The property consists of two tracts: Tract 1 includes 35.17 acres north of Highway 198, and Tract 2 includes 16.56 acres south of the highway. Potential exists for further subdivision, subject to verification of applicable requirements. Contact the listing agent for additional information, and refer to the survey for details on Tracts 1 and 2.

Location

Street address
ST Highway 198
Zip code
75103
School district
Canton ISD
Elevation
448 feet
Coordinates
32.427, -95.976

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.

Property details

Acreage
51.73 acres
Zoning
R
MLS #
NTREIS 21422112
Posted

Property taxes

Recent
$5,751

Parcels

  • R000004132

Legal description

Details and features

Listing

Type
Land

Lot

Vegetation
Grassed, Wooded
Features
Acreage, Agricultural, Backs to Greenbelt Park

Nearby schools

NameTypeDistrict
CantonElementaryCanton ISD
CantonMiddleCanton ISD
CantonHighCanton ISD

Listing history

DateEventPriceChangeSource
Oct 28, 2026New listing$999,999—NTREIS
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This 51.73-acre property is located at ST Highway 198 in Canton, TX 75103. The land is available for sale, priced at $999,999 — $19,331 per acre.

Listed by TX Lake & Land Real Estate, (214) 532-8327

Checked 2 hours agoUpdated Source

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