Star Lite Mobile Home
For Sale
$1,995,000
350 Morgan Mill Road, Stephenville, TX 76401
Established mobile home park with expansion potential in Stephenville, Texas.
Property Size22,072 SF
Lot Size4.20 Acres
Price / SF$90.39
Days on Market100
Property Features for 350 Morgan Mill Road
General Information
Standard status
Active
Size
22,072 SF
Lot size
4.20 Acres
Property subtype
Commercial
Building Details
Year Built
1989
Listing Agency:
J.J. HAMPTON REALTY
(254) 965-4717
Listed By:
J J HAMPTON
(254) 965-4717
Source:
Signaturere
Added: Apr 22
Changed: Jul 10
Last Checked: Jul 25 at 4:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J.J. HAMPTON REALTY
Investment Insights
Based on property information with market context.
Star Lite Mobile Home Park presents an investment opportunity on the outskirts of Stephenville, Texas. Situated on 4.2+ acres within city limits, the property features 23 mobile homes and a brick home. Currently, 12 units are occupied, providing an income base with potential for revenue growth. The property includes six vacant lots, offering an opportunity to expand the park and increase occupancy. Zoned for retail and commercial business, the park allows flexibility for future development. City water and sewer services are in place. The location provides access to Stephenville's amenities while offering a community-oriented environment. This mobile home park is suited for those seeking a stable income property with potential for expansion, renovations and value appreciation in a growing Texas market.
Key Highlights
- Established mobile home park with 23 mobile homes and a brick home on 4.2+ acres within city limits.
- 12 currently occupied units provide a solid income base** with potential for revenue growth.
- Six vacant lots offer a unique opportunity to expand the park and increase occupancy.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 76401, TX
30,144
Population
13,826
Households
2.2
Avg Household Size
30
Median Age
35%
College-Educated
90%
High-School Grad
411.3 sq mi
ZIP Area
73
Density / Sq Mi
$60,864
Median Household Income
$31,925
Median Earnings
$1,136
Median Rent
$252,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Established mobile home park with expansion potential in Stephenville, Texas.
Where is this mobile home & rv park located?
The property is located at 350 Morgan Mill Road Stephenville, TX.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Established mobile home park with 23 mobile homes and a brick home on 4.2+ acres within city limits.; 12 currently occupied units provide a solid income base** with potential for revenue growth.; Six vacant lots offer a unique opportunity to expand the park and increase occupancy.**
