This home's estimate is 70% higher than the average sale price ($231K) of 6 comparable homes.
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406 Morgan Mill Rd, Stephenville, TX 76401
About this home
Turn-Key Horse Property Near Tarleton State University & Tejas Golf Course! This 2-bedroom, 2-bathroom main home (1,553 sq. ft.) comes with a 1-bedroom, 1-bathroom detached mother-in-law suite (640 sq. ft.) on a spacious 1 acre property in Stephenville, TX. Perfectly located just 2 miles from Tarleton University and 1 mile from the town square, this home offers easy access to shopping, dining, and local entertainment. The property is ideal for horse lovers, featuring a large pasture and two stalls, ready for your equestrian needs. Golf enthusiasts will love being less than a .25 mile cart ride from Tejas Golf Course, making it effortless to enjoy a round anytime. This property also has a large shaded back yard perfect for BBQing and hosting friends. Whether you're looking for a primary residence, rental investment, or both, this unique property offers endless potential.
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Last updated August 2026
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Sale history for 406 Morgan Mill Rd
$257/sq ft
Tax history for 406 Morgan Mill Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Carport Spaces: 3
- Covered Spaces: 4
- Parking Features: Additional Parking, Attached Carport, Detached Carport, Driveway, Golf Cart Garage
Interior
- Virtual Tour
- Bathroom Information
- Bathrooms Full: 3
- Bathrooms Total Decimal: 3
- Bathrooms Total Integer: 3
- Bedroom Information
- Bedrooms Total: 3
- Fireplace Information
- Fireplaces Total: 0
- Interior Features
- Room Count: 2
- Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Gas Water Heater, Microwave
- Number Of Living Areas: 2
- Number Of Dining Areas: 1
- Living Area: 1553.00
- Levels: One
- Interior Features: High Speed Internet Available, Open Floorplan, Pantry, Walk-In Closet(s)
- Room 1 Information
- Room Type: Primary Bedrm
- Room Level: 1
- Room Dimensions: 15 x 13
- Room Length: 15.00
- Room Width: 13.00
- Room 2 Information
- Room Type: Living Room
- Room Level: 1
- Room Dimensions: 19 x 14
- Room Length: 19.00
- Room Width: 14.00
Exterior
- Exterior Features
- Exterior Features: Kennel, Stable/Barn
- Fencing: Fenced
- Farm Information
- Horse Permitted YN: Yes
- Horse Amenities: Loaf Shed(s)
- Barns Count: 0
- Land Information
- Vegetation: Cleared, Grassed
- Lot Information
- Lot Features: Acreage, Lrg. Backyard Grass, Oak, Pasture
- Lot Size: 1 to < 3 Acres
- Lot Size Acres: 1.0180
- Lot Size Area: 1.0180
- Lot Size Source: Public Records
- Lot Size Square Feet: 44344.0800
- Lot Size Units: Acres
- Other Structures: Barn(s), Guest House
- Parcel Number: R000033347
- RATIO List Price By Lot Size Acr: 392436.14931
- Will Subdivide: No
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Accessibility Features YN: No
- Property Attached YN: Yes
- Multi Parcel IDYN: No
- Property Key: 48143|R000033347|1|13135663
- Property Match: APN
- Restrictions: No Known Restriction(s)
- US Property MUI: 409486052
- Building Information
- Year Built: 1945
- Smart Home Features Appor Pass Y: No
Financial
- Tax Information
- Tax Block: 3
- Tax Legal Description: ACRES: 1.018 S5900 SIMS ADDITION; BLOCK 3; LO
- Tax Lot: 5
- Unexempt Taxes: 5242
- Financial Information
- Buyer Financing: Conventional
- Loan Type: Treat As Clear
- Second Mortgage YN: No
Utilities
- Utility Information
- Municipal Utility District YN: No
- Utilities: City Sewer, City Water
Location
- HOA Information
- Association Type: None
- School Information
- High School Name: Stephenvil
- Intermediate School Name: Gilbert
- Junior High School Name: Stephenvil
- School District: Stephenville ISD
- Location Information
- County Or Parish: Erath
- Country: United States
- Directions: Use gps.
- Latitude: 32.23481400
- Longitude: -98.19449100
- Geocode Confidence: High
- Subdivision Name: Sims Add
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,553
- Stories: 1.0
- Lot Size: 1.02 acres
- Style: Single Family Residential
- Year Built: 1945
- Year Renovated: —
- County: Erath County
- APN: R000033347
Other
- Documents & Disclosures
- Doc Box Num Mls Documents: 0
- Doc Box Num Private Documents: 0
- Doc Box Num Public Documents: 0
- Green Verification Information
- Green Verification Count: 0
- Listing Information
- Attribution Contact: (254) 964-6561
- Contingency Info: Financing
- DOCBOX GUID: 82B2E5AE-7839-4099-A0C4-BD27D7565B8A
- Doc Box Modification Timestamp: 2025-03-15T16:20:00.500
- Exclusions: Personal property in sheds/garages and refrigerator in cabin, grey shed near dog pen/chicken coop, golf carts.
- List Source Original: Matrix
- Listing Agreement: Exclusive Right To Sell
- Listing Id: 20872309
- Listing Key Numeric: 452561835
- Mls Status: Closed
- Previous Status: Pending
- Originating System Name: North Texas Real Estate Information Systems
- Photos Count: 30
- Possession: Closing/Funding
- Seller Contributions: 0
- Special Listing Conditions: Standard
- Standard Status: Closed
- Third Party Assistance Program Y: No
- Transaction Type: For Sale
- URL Non Public 1: https://waynestratton.com/406-Morgan-Mill-Rd
- Listing Date Information
- Days On Market: 21
- Cumulative Days On Market: 21
- Close Date: 2025-04-29
- Purchase Contract Date: 2025-04-06
- Expiration Date Option: 2025-04-10
- Listing Contract Date: 2025-03-15
- Off Market Date: 2025-04-06
- Status Change Timestamp: 2025-04-29T12:53:27.647
- Listing Price Information
- Original List Price: 399500.00
- List Price: 399500.00
- RATIO Close Price By Lot Size Ac: 378192.53438
- RATIO Current Price By Lot Size: 378192.53438
Around this home
Schools
Public PreK-K • Assigned • 1.5mi
Public 7-8 • Assigned • 3.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
21% chance of being in a wildfire in next 30 years
7 days above 105° expected this year, 23 days in 30 years
27% chance of strong winds in next 30 years
0 unhealthy days expected this year, 0 days in 30 years
Sun exposure
In this area, properties receive around 10.1 hours in June and 5.6 hours in December, placing it above the U.S. average for solar exposure.
Sell confidently with a local market expert in Stephenville. 3 minutes to get started.
Nearby similar homes
New listings for sale in 76401
Home values near 406 Morgan Mill Rd
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1929 Sq. Ft. | $270,698 |
3 Beds | 1 Baths | 1480 Sq. Ft. | $229,559 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1310 Sq. Ft. | $206,740 |
4 Beds | 2 Baths | 1664 Sq. Ft. | $168,349 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 1.5 Baths | 1320 Sq. Ft. | $234,996 |
4 Beds | 1.5 Baths | 1431 Sq. Ft. | $217,526 |
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