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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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0 St Hwy 198 Highway , Canton, TX 75103
$1,095,000
Est. Payment: $5,637.54/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 686
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Courtney Dickens Johnson , and Jon Vines , TX Lake & Land Real Estate , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
51.73

County

Van Zandt

School District

Canton ISD

Listing ID

20748389

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Adjacent to Greenbelt,Agricultural,Pasture,Sloped,50 to =< 100 Acres
Zoning:Agricultural
Principal Interest
$5,638
Taxes
$698

Home Price

$1,095,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$219,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,637.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,637.54 $698.06 $0.00 $6,335.60
Yearly $67,650.43 $8,376.75 $0.00 $76,027.18
Total $2,029,512.79 $251,302.50 $0.00 $2,280,815.29

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Canton, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems