# 350 Morgan Mill Road, Stephenville, TX 76401 > **TL;DR:** commercial, $1,799,000, built 1989. > A/C. Est. $9,622/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,799,000 | | Year Built | 1989 | | Lot Size | 183,736 sqft (4.22 acres) | | Stories | 1 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $9,097 | | Estimated Insurance | $525 | | **Total** | **$9,622** | ## Key Amenities - A/C ## Property Highlights - Built in 1989 - 4.22 acre lot ## Description ### Agent 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. ## Location - **Address:** 350 Morgan Mill Road, Stephenville, TX 76401 - **County:** Erath - **Neighborhood:** Sims Add - **Coordinates:** 32.23356318, -98.19418125 - **Google Maps:** https://www.google.com/maps?q=32.23356318,-98.19418125 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/ntreis/21196003 ## Listing Agent - **Name:** J J HAMPTON - **Brokerage:** Jj Hampton Realty - **Broker Phone:** (254) 965-4717 ## Photos ![350 Morgan Mill Road - Photo 1](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f3151343428r.jpg) ![350 Morgan Mill Road - Photo 2](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1332372696r.jpg) ![350 Morgan Mill Road - Photo 3](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f2475662318r.jpg) ![350 Morgan Mill Road - Photo 4](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1911403259r.jpg) ![350 Morgan Mill Road - Photo 5](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1219384782r.jpg) ![350 Morgan Mill Road - Photo 6](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f546369029r.jpg) ![350 Morgan Mill Road - Photo 7](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f777020970r.jpg) ![350 Morgan Mill Road - Photo 8](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f2558458632r.jpg) ![350 Morgan Mill Road - Photo 9](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f2895701176r.jpg) ![350 Morgan Mill Road - Photo 10](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f266532872r.jpg) ![350 Morgan Mill Road - Photo 11](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f460966895r.jpg) ![350 Morgan Mill Road - Photo 12](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1799458800r.jpg) ![350 Morgan Mill Road - Photo 13](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f2207004065r.jpg) ![350 Morgan Mill Road - Photo 14](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f4140611937r.jpg) ![350 Morgan Mill Road - Photo 15](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1669837442r.jpg) ![350 Morgan Mill Road - Photo 16](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1194481537r.jpg) ![350 Morgan Mill Road - Photo 17](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f1423752554r.jpg) ![350 Morgan Mill Road - Photo 18](http://lh.rdcpix.com/9fb01813bbd5fface053fb881906b73al-f3064624390r.jpg) --- **MLS#:** 21196003 | **Updated:** 2026-10-30 **Source:** listhub *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.* [View on PropertySimple](https://staging.propertysimple.ai/listing/350-morgan-mill-road-stephenville-tx-76401-87d22e3a38644827bd037951d8e45cb1) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/350-morgan-mill-road-stephenville-tx-76401-87d22e3a38644827bd037951d8e45cb1#listing", "url": "https://staging.propertysimple.ai/listing/350-morgan-mill-road-stephenville-tx-76401-87d22e3a38644827bd037951d8e45cb1", "name": "350 Morgan Mill Road, Stephenville, TX 76401", "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. 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