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.
Lot/land
$1,095,000
0 State Highway 198 Hwy, Canton, TX 75103
--beds
--baths
51.73Acres
Unimproved Land
Built in ----
51.73 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gentle sloped landAg exempt acresMix of hardwoodsMostly pasture acreage
- 703 days
- 19
- 0
Zillow last checked:
Listing updated:
Listed by:
Courtney Dickens Johnson 0607334 903-802-7080,
TX Lake & Land Real Estate 903-802-7080,
Jon Vines 0818496 210-849-8392,
TX Lake & Land Real Estate
Source: NTREIS,MLS#: 20748389
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 51.73 Acres
- Features: Acreage, Agricultural, Backs to Greenbelt/Park, Pasture, Sloped
- Residential vegetation: Partially Wooded
Details
- Parcel number: 016.0320.0030.0000.0000
- On leased land: Yes
- Zoning description: Agricultural
- Horses can be raised: Yes
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Subdivision: none
HOA
- Has HOA: No
Location
- Region: Canton
Financial & listing details
- Date on market: 10/7/2024
- Cumulative days on market: 675 days
- Listing terms: Cash,Conventional,1031 Exchange,VA Loan
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Price change | $1,095,000-4.8% |
Source: NTREIS #20748389 Report a problem | ||
| 10/13/2025 | Price change | $1,149,999-20.7% |
Source: NTREIS #20748389 Report a problem | ||
| 10/6/2025 | Price change | $1,449,999+16% |
Source: NTREIS #20748389 Report a problem | ||
| 10/7/2024 | Listed for sale | $1,250,000 |
Source: NTREIS #20748389 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 75103
Nearby schools
Schools provided by the listing agent
- Elementary: Canton
- High: Canton
- District: Canton ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




