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DMTX Realty Group

info@dmtx.com +1(512) 751-6060

$ 1,995,000

Est. payment | -/mo

4.22 Acres Lot

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$ 1,995,000

Est. payment | -/mo

Save Virtual Tour

4.22 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Sims Add

MLS Listing ID 21196003

Total Fin. Sqft 1260

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 Ceiling Fan(s), Central Air, Electric

Flooring Other

Heat Source Central, Electric

Exterior

Utilities Available All Weather Road, City Sewer, City Water

Roof Type Composition

Garage No

Building

Lot Description Acreage, Cleared, Interior Lot

Foundation Pillar/Post/Pier

Structure Type Board & Batten Siding,Brick,Siding,Other

Others

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Special Listing Condition Aerial Photo

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

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by J J HAMPTON • J.J. HAMPTON REALTY

Nearby Locations

Top 1% Real Estate Team in Texas

Over $2 Billion in Total Sales

+1(512) 751-6060

info@dmtx.com

1617 W 6th St Suite C, Austin, TX, 78703, USA

350 Morgan Mill Road Stephenville, TX 76401

DMTX Realty Group

Key Details

Location

Interior

Exterior

Building

Others

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350 Morgan Mill Road