350 Morgan Mill Road Stephenville, TX $ 1,995,000
350 Morgan Mill Road
$ 1,995,000
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350 Morgan Mill Road

Stephenville, TX, 76401
$ 1,995,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,284

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Commercial Property for sale in Stephenville, TX

for $1,995,000. This building was built in 1989 on a lot size of 4.218.

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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Commercial Active

Price

$ 1,995,000

Property Type

Commercial

Taxes

$ 397

Style

Business

Lot Size

4.218

Year Built

1989

Town/City

Stephenville

County/Region

Erath

MLS | Web ID

21196003

Features
General
Heating Central Electric
Cooling Ceiling Fan(s) Central Air Electric
Utilities All Weather Road City Sewer City Water
Ceiling Height Less than 8 Ft Other
Possession Closing/Funding
Roof Composition
Year Built 1989
Business Type Mobile/Trailer Park Residential Other
Business Name Star Lite Mobile Home Park
Building Number 24
Property Subtype Business
Subdivision Name Sims Add
Occupant Type Tenant
County Erath
Property Type Commercial Sale
Construction Materials Board & Batten Siding Brick Siding Other
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions 350 Morgan Mill Road Stephenville TX 76401
City Stephenville
Standard Status Active
Listing Terms Cash Conventional Other
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Exterior
Waterfront 0
Lot Features Acreage Cleared Interior Lot
Lot Size Source Public Records
Parking Features Open
Lot Size 3 to < 5 Acres
Foundation Pillar/Post/Pier
Building Area Total 1260.00
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Interior
Flooring Other
Total Stories 1
Total Units 24
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Internal Only
Street Number 1 350
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* Excluded Features
List By
J J HAMPTON

Listing Agent

J.J. Hampton Realty

Broker

Affordability Calculator

$12,317
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,284
Monthly Property Taxes
$33
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
288163 Elementary School
288375 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
3/26/2026 $1,995,000 Listed Price

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350 Morgan Mill Road, Stephenville, TX, 76401 is a Commercial Property for sale at $1,995,000 with a lot size of 4.218. 350 Morgan Mill Road was built in 1989. The property's zip code is 76401 which is in Stephenville, TX