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350 Morgan Mill Road

Stephenville, TX 76401
  • $1,995,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 21196003
UPDATED: 75 min ago
$1,995,000
  • 0
    BEDS
  • 4.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Offered by J J Hampton of J.J. HAMPTON REALTY: 254-965-4717.

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.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-18T22:42:49.557.
www.nwlapropertysearch.com/homes/174464510
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350 Morgan Mill Road Stephenville, TX 76401

  • Price: $1,995,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 75 min ago
  • MLS #: 21196003
0
Beds
0
Baths
0
½ Baths
4.22
Acres
1989
Built
Neighborhood:
Sims Add
County:
Erath
Area:
Stephenville
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.
Exterior Features

Construction Board & Batten SidingBrickSidingOther Construction Materials Walls BrickOtherPaneling Foundation Pillar/Post/Pier Lot Description AcreageClearedInterior Lot Lot Size Source Public Records Parking Or Garage Open Road Frontage Type City StreetPrivate Road Roof Composition Waterfront YN No

Interior Features

Ceiling Height Less than 8 FtOther Cooling Ceiling Fan(s)Central AirElectric Flooring Other Handicap YN No Heating CentralElectric Sq Ft Gross 22072

Property Features

Building Area Source Public Records Building Area Total 1260.00 Building Number 24 Building Use Other Business Name Star Lite Mobile Home Park Construction Status Preowned Gross Annual Expenses 0.00 Gross Annual Income 0.00 Listing Terms CashConventionalOther Multi Zoning No Municipal Utility District No Net Operation Income 0 Operating Expense Includes Maintenance Grounds Possession Closing/Funding Property Type Business Senior Community No Special Notes Aerial Photo Tenant Pays All Utilities Transaction Includes Land & ImprovementsOther Unexempt Taxes 397 Utilities All Weather RoadCity SewerCity Water Will Subdivide No Zoning B-2: Retail and Commercial Business District

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Ally Real Estate. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Ally Real Estate are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-05-18T22:42:49.557.
 
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Berkshire Hathaway HomeServices Ally Real Estate
700 Ogilvie Street, Suite B
Bossier City LA, 71111
Offered by J J Hampton of J.J. HAMPTON REALTY: 254-965-4717.