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Canton,TX 75103
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