[[800]]0 St Hwy 198 Hwy is listed for sale at 999,999. The Land / Unimproved Land property has bedroom, . The lot size is 2253360 Square feet.[[500]]Offered for sale for the first time in a century, this 51.73-acre, ag-exempt property in Phalba, Van Zandt County, presents a rare opportunity to own land purchased by T.B. Green in December 1925.Located along Highway 198 between Mabank and Canton, approximately one hour from downtown Dallas, the property is just 10 minutes from Mabank and 13 minutes from Canton. Gently sloping terrain, predominantly open pasture, and a mix of hardwoods create an attractive setting with excellent investment potential. The land is currently used for hay and crop production and has no known restrictions.The property consists of two tracts: Tract 1 includes 35.17 acres north of Highway 198, and Tract 2 includes 16.56 acres south of the highway. Potential exists for further subdivision, subject to verification of applicable requirements.Contact the listing agent for additional information, and refer to the survey for details on Tracts 1 and 2.