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Mixed-Use Land for Sale in Stephenville, Texas

350 Morgan Mill Rd, Stephenville, TX 76401

$1,995,000
4.22 acres
Active sale
ago
Est $11,639/mo

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.

Sq feet
1989
Built

Location

Street address
350 Morgan Mill Rd
Community
Sims Add
Elevation
1,275 feet
Coordinates
32.2336, -98.1942

Directions

350 Morgan Mill Road Stephenville, TX 76401

Property details

Acreage
4.218 acres
MLS #
NTREIS 21196003
Posted

Parcels

  • R000033349

Legal description

Resources

Details and features

Listing

Type
Commercial Sale
Subtype
Business

Exterior

Parking
Open

Structure

Heating
Central, Electric
Cooling
Ceiling Fan(s), Central Air
Materials
Board & Batten Siding, Brick
Roof
Composition

Listing history

DateEventPriceChangeSource
Mar 27, 2026New listing$1,995,000NTREIS
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This 4.218-acre property is located at 350 Morgan Mill Rd in Stephenville, TX 76401. The property is available for sale for $1,995,000. It has a structure built in 1989.

Checked 1 hour ago — Updated

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