About This Home

This 0-bedroom, 0-bathroom commercial at 350 Morgan Mill Road in Stephenville, TX is listed for $1,799,000. Built in 1989, on a 4.22 acres lot.

Key Features

  • Built in 1989
  • 4.22 acre lot

Property Details

1 story
1989

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$9,621/mo

20% down · 6.5% · 30 years

Principal$1,301
Interest$7,796
Insurance$525

Estimates only. Actual payments may vary.

Location

350 Morgan Mill Road

Stephenville, TX 76401

Sims Add

Property Details

Construction

BoardAndBattenSiding Brick

Parking

Open

Heating

Electric (Heating)Central

Cooling

Central AirElectricCeiling Fan(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 350 Morgan Mill Road is listed at $1,799,000. The estimated monthly payment is $9,622 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1989, 4.22 acre lot.

This property is listed by J J HAMPTON.

JH

J J HAMPTON

Agent at Jj Hampton Realty

Listed by Jj Hampton Realty · Broker phone: (254) 965-4717 · Broker website

MLS# 21196003· Source: North Texas Real Estate Information Systems, Inc.· Added to PropertySimple today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

350 Morgan Mill Road, Stephenville, TX 76401

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