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$ 1,250,000
Est. payment | /mo
53 Acres Lot
$ 1,250,000
Est. payment | /mo
53 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Rural Acreage
Listing Status Active
Purchase Type For Sale
Subdivision Tx
MLS Listing ID 25006031
Annual Tax Amount $9,540
Lot Size 53.000 Acres
Acres 53.0
Property Sub-Type Rural Acreage
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. Proposed Use: Agricultural, Barndominium, Cattle, Development, Equine, Grazing, Horses, Hunting/Fishing, Investment, Livestock, Mini-Storage, Mixed Use, Multi-Family, Orchards/Vineyards, Pasture, Ranch, Recreational, Residential, Sheep/Goats, Single Family, Subdevelopment, Unimproved, Warehouse, See Remarks.
Location
State TX
County Van Zandt
Area Van Zandt
Exterior
Fence None
Building
Water None
Schools
Elementary Schools Canton
Middle Schools Canton
High Schools Canton
Others
Acceptable Financing Conventional, VA, Cash, Trade or Exchange
Listing Terms Conventional, VA, Cash, Trade or Exchange
Listed by Courtney Johnson • TX Lake & Land Real Estate Group