St Hwy 198th Hwy, Canton, TX 75103

List Price
$1,250,000
MLS#
20748389
Status
ACTIVE
Type
Land
Subtype
Land
Acres
51.73
County
Van Zandt
City
Canton
Subdivision
none

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, with a land lease until Dec. 31, 2024. 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.

Additional Information

Lot Size
2,253,358
Acres
51.73
Lot Description
Agricultural, Backs To Greenbelt Park, Pasture, Sloped
School District
Canton Isd
Elementary School
Canton
High School
Canton
Possession
CloseOfEscrow
Proposed Use
Agricultural, Cattle, Development, Grazing, Horses, Hunting, Investment, Livestock, Multi-Family, Storage, Mixed Use, Orchard, Pasture, Ranch, Residential, Recreational, Single Family, Other, Development, Unimproved
Possession
CloseOfEscrow

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Courtney Dickens Johnson from TX Lake & Land Real Estate. Contact: 903-802-7080