Date
Details
Price
Change
Source
3/26/2026
Listed
$1,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/18
$1,995,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 350 Morgan Mill Rd
General
- Price: $1,995,000
- Taxes: $397
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21196003
- Updated: 3/26/2026
- Added to Site: Today
Business
- Name: Star Lite Mobile Home Park
- Business Type: Other, Residential, Mobile/Trailer Park
Interior
- Flooring: Other
Parking
- Parking Features: Open
Location
- County: Erath
- Subdivision: Sims Add
- Driving Directions: 350 Morgan Mill Road Stephenville, TX 76401
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Board & Batten Siding, Brick, Other
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,260
- Sq. Ft. Source: Public Records
- Year Built: 1989
Lot Features
- Lot Size (Acres): 4.218
- Lot Size (Sq. Ft.): 183,736.08
- Lot Size Source: Public Records
- Frontage: City Street, Private Road, All Weather Road
- Lot Features: Acreage, Cleared, Interior Lot
- Potential Use: Other
- Zoning: B-2: Retail and Commercial Business District
Financial Considerations
- Tax Amount: $397
- Terms: Cash, Conventional, Other
- Tenant Pays: All Utilities
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: S5910 STARLITE MOBILE HOME PARK
- Inclusions: Land & Improvements, Other
- Property ID: R000033349
Listed by J.J. Hampton Realty, J J HAMPTON
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 350 Morgan Mill Rd —
J J HAMPTON
J.J. Hampton Realty
254-965-4717
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 350 Morgan Mill Rd
School District:Stephenville Independent School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Stephenville, TX 780 West Washington Street, Stephenville, TX 76401 | PK-K | 1.4 mi |
Hook Elementary School 1067 West Jones Street, Stephenville, TX 76401 | 3-4 | 1.4 mi |
Chamberlin Elementary School 1601 West Frey, Stephenville, TX 76401 | 1-2 | 2 mi |
Henderson Junior High School 2798 West Frey, Stephenville, TX 76401 | 7-8 | 3.1 mi |
Stephenville High School 2650 West Overhill Drive, Stephenville, TX 76401 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 350 Morgan Mill Rd
Tax History
Tax History for 350 Morgan Mill Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$71
-9%
$4,000
—
2022
$78
-6%
$4,000
—
2021
$83
-2%
$4,000
—
2020
$85
-3%
$4,000
—
2019
$88
—
$4,000
—
2017
$88
—
$4,000
—
2016
$88
—
$4,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 350 Morgan Mill Rd
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350 Morgan Mill Road, Stephenville, TX 76401 (MLS# 21196003) is a Business property. 350 Morgan Mill Road is currently listed for $1,995,000 and was received on March 26, 2026. Want to learn more about 350 Morgan Mill Road? Do you have questions about finding other Business real estate for sale in Stephenville? You can browse all Stephenville real estate or contact a Coldwell Banker agent to request more information.