Youtube Instagram Facebook-f Tiktok
$1,995,000
4.22± Acres
Active
Erath County, TX
Contact Text Me Maps

350 Morgan Mill, Stephenville, Texas

MLS ID: 21196003
Status: Active
Price: $1,995,000
Acres: 4.22±
Type: Business, Commercial
Address: 350 Morgan Mill
City, State: Stephenville, TX
County: Erath County
ZIP Code: 76401
Lat/Long: 32.23356318, -98.19418125
Parcel Number: R000033349
Year Built: 1989

Description

Discover an exceptional investment opportunity with Star Lite Mobile Home Park, located on the outskirts of Stephenville, Texas. This established park sits on 4.2+ acres within city limits and features 23 mobile homes, along with a brick home. There are currently 12 occupied units. This provides a solid income base and room for revenue growth. The property also includes six vacant lots, presenting a unique opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park offers flexibility for future development. City water and sewer services are in place, ensuring efficient operations. Star Lite's strategic location provides convenient access to Stephenville's amenities while offering a quieter, community-oriented environment. This mobile home park is an ideal investment for those seeking a stable income property with significant potential for expansion, renovations and value appreciation in a growing Texas market.

Directions: 350 Morgan Mill Road Stephenville, TX 76401

Additional Information

Interior

Building Area Total: 1,260
Cooling (Yes/no): Yes
Cooling: Central Air, Ceiling Fans, Electric
Heating (Yes/no): Yes
Heating: Central, Electric

Exterior

Foundation Details: Pillar Post Pier
Inclusions: Land & Improvements, Other
Lot Features: Acreage, Cleared, Interior Lot
Lot Size Area: 4
Lot Size Source: Public Records
Lot Size Square Feet: 183,736
Open Parking: Yes
Parking Features: Open
Road Frontage Type: City Street, Private Road, All Weather Road
Roof: Composition
Water Source: Public

Financial/HOA/Schools

Subdivision Name: Sims Add
Tax Annual Amount: 397
Zoning Description: B-2: Retail and Commercial Business District

Extra Information

Documents Available: Aerial
Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/21196003

Maps

Get Directions
  • NAIP
  • Satellite
  • Topography
Matt Milligan

Matt Milligan

Weatherford, Texas

(817) 694-1121

Interested? Contact Us Today About This Listing

  • This field is for validation purposes and should be left unchanged.

All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of May 25, 2026 at 12:00:00 PM UTC.

You may not reproduce or redistribute this data, it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. This data was last updated on: May 25, 2026 at 12:00:00 PM UTC

Listed By: J J Hampton of J.j. Hampton Realty