350 Morgan Mill RD, Stephenville, TX 76401
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350 Morgan Mill RD, Stephenville, TX 76401
350 Morgan Mill RD, Stephenville, TX 76401
350 Morgan Mill RD, Stephenville, TX 76401
350 Morgan Mill RD, Stephenville, TX 76401
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Alex Piech

Alex Piech

+1(469) 885-0435
$ 1,995,000
Est. payment /mo
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Active

350 Morgan Mill RD Stephenville, TX 76401

1,260 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,260 sqft

Price per Sqft $1,583

Subdivision Sims Add

MLS Listing ID 21196003

HOA Y/N No

Year Built 1989

Annual Tax Amount $397

Lot Size 4.218 Acres

Acres 4.218

Property Sub-Type Business

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.

Location

State TX

County Erath

Zoning B-2: Retail and Commercial Business District

Direction 350 Morgan Mill Road Stephenville, TX 76401

Interior

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Other

Inclusions Land & Improvements, Other

Fireplace No

Exterior

Parking Features Open

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Road Frontage City Street, Private Road, All Weather Road

Building

Lot Description Acreage, Cleared, Interior Lot

Story 1

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID R000033349

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21196003

Alex Piech
Alex Piech

Agent | License ID: 0642796

+1(469) 885-0435 | alex.piech@exprealty.com

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