0 St Hwy 198 Highway, Canton, TX 75103 - MLS#20748389

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Krista Mori

kristamori@ziglarrealty.com +1(817) 716-2955

$1,250,000

Est. payment - /mo

53 Acres Lot

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UPDATED:

10/09/2024 08:13 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20748389

HOA Y/N None

Lot Size 53.000 Acres

Acres 53.0

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.

Location

State TX

County Van Zandt

Zoning Agricultural

Direction 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.

Exterior

Utilities Available None

Street Surface Asphalt

Garage No

Building

Lot Description Acreage, Adjacent to Greenbelt, Agricultural, Pasture, Sloped

Schools

Elementary Schools Canton

High Schools Canton

School District Canton Isd

Others

Restrictions Lease While on Market,No Known Restriction(s)

Ownership MORGAN WELTON D & LYNN

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Courtney Dickens Johnson • TX Lake & Land Real Estate

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Krista Mori

+1(817) 716-2955

Realtor, GRI | License ID: 0704624

Realtor, GRI License ID: 0704624