5300 County Road 132, Morgan Mill, TX 76465
SOLD
MAY 12, 2026

    5300 County Road 132, Morgan Mill, TX 76465

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.40
    Lot/Land
    -
    03/11/26
    -
    -
    0.62
    Lot/Land
    -
    10/22/25
    -
    -
    3.96
    Lot/Land
    -
    06/01/26
    -
    -
    4.69
    Lot/Land
    -
    09/26/25
    -
    -
    5.38
    Lot/Land
    -
    02/09/26
    -
    -
    6.10
    Lot/Land
    -
    07/15/26
    -
    -
    7.20
    Lot/Land
    -
    03/10/26
    -
    -
    7.47
    Lot/Land
    -
    03/11/26
    -
    -
    8.10
    Lot/Land
    -
    02/06/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.13
    $1,297,900
    4
    3.5
    2,539
    Off Market
    0.34
    -
    -
    -
    -
    Off Market
    0.40
    -
    -
    -
    -
    Recently Sold
    0.61
    -
    4
    2
    2,189
    Recently Sold
    0.62
    -
    -
    -
    -
    Off Market
    0.64
    $225,000
    -
    -
    -
    For Sale
    1.40
    $9,250,000
    9
    13
    9,591
    For Sale

    Homes for rent near 5300 County Road 132

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    Local Information

    • Map ViewExplore the area around 5300 County Road 132.
    • Schools1 Preschool School1 Elementary School1 Middle School
    • Shop & Eat
    -- mins to
    Commute Destination

    Home Highlights

    Lot/Land
    15.19 acre lot

    About this House

    Assumable 4.5% interest rate with yearly dividends paid back to you! Here's a rare opportunity to own 15.186 breathtaking acres in the highly desirable Morgan Mill area of Erath County! This property is a true gem, offering a unique combination of natural beauty, topography, and essential infrastructure, making it the perfect canvas to build your dream home, weekend retreat, or ranchette. With approximately 90 feet of elevation change, the land offers stunning hilltop build sites with panoramic views that stretch for miles and miles. A gorgeous .37-acre pond adds serenity and character to the landscape, nestled among clusters of mature hardwood trees that provide both privacy and charm. The terrain is diverse yet usable, ideal for those seeking space, seclusion, and scenic beauty. A huge bonus—utilities are already in place! An OUTSTANDING WATER WELL is drilled to 260 feet and delivers a strong yield of 25 gallons per minute. Water well report confirms fresh, clean water, ready to support a homestead. ELECTRICITY IS ALSO IN PLACE, saving you time, money, and hassle. Whether you’re dreaming of a barndominium with views, a custom-built estate, or just a quiet escape from the hustle and bustle, this property checks all the boxes. AG EXEMPT, abundant wildlife, and paved road frontage, this place is your dream come true! Located just minutes from Stephenville and within the excellent Morgan Mill ISD, you’ll enjoy the perfect blend of peaceful country living with convenient access to town. Bring your building plans and your boots—this one is ready to go! Light deed restrictions state a minimum 1,800 SF home and no mobile homes allowed.
    5300 County Road 132, Morgan Mill, TX 76465 is a lot/land. It last sold for the $324,000 asking price on May 12, 2026. This property is not currently displayed as for sale or rent on Trulia.
    Last check for updates: about 10 hours ago
    Listed by Michelle Reed 669860, (817) 594-8183
    Trinity Country Real Estate, (817) 594-8183
    Bought with: Michelle Reed 669860, Trinity Country Real Estate, (817) 594-8183
    Source: NTREIS, MLS#21202315

    Home Details for 5300 County Road 132

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Available, Water Available

    Exterior Features

    Exterior Home Features
    Fencing: Barbed Wire
    Frontage
    Road Frontage: County RoadNot on Waterfront

    Days on Market

    Cumulative Days on Market: 45

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved LandArchitecture: Barndominium
    Property Information
    Usage of Home: Agricultural, Cattle, Grazing, Horses, Hunting, Livestock, Pasture, Poultry, Ranch, Residential, Recreational, Single FamilyNot Included in Sale: MineralsParcel Number: 76912

    Price & Status

    Price
    List Price: $324,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Closed

    Location

    Direction & Address
    City: Morgan MillCommunity: None
    School Information
    Elementary School: Morgan MillElementary School District: Morgan Mill ISDJr High / Middle School: Morgan MillJr High / Middle School District: Morgan Mill ISDHigh School: Morgan MillHigh School District: Morgan Mill ISD

    HOA

    No HOA

    Lot Information

    Lot Area: 15.186 Acres

    Offer

    Listing Terms: Assumable, Cash, Conventional, FHA, Texas Vet, USDA Loan, VA Loan

    Miscellaneous

    Mls Number: 21202315Living Area Range Units: Square FeetAttribution Contact: (817) 594-8183

    Price and Tax history

    DateEventPrice
    May 12, 2026
    Source: NTREIS #21202315
    Sold
    --
    Apr 22, 2026
    Source: REALSTACK #21202315
    Pending
    $324,000
    Apr 21, 2026
    Source: NTREIS #21202315
    Contingent
    $324,000
    Mar 9, 2026
    Source: NTREIS #21202315
    Listed For Sale
    $324,000
    Dec 15, 2025
    Source: NTREIS #20928695
    ListingRemoved
    $375,000

    Market trends in Stephenville

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $317K
    $22.45K
    MoM
    Sale-to-List Price
    97.5%
    0.2%
    MoM
    Price per sq ft
    $193
    $11
    MoM
    Available listings
    203
    12
    MoM

    What Locals Say about Stephenville

    At least 143 Trulia users voted on each feature.
    • 89 % Say car is needed

    • 82 % Say parking is easy

    • 78 % Say yards are well-kept

    • 74 % Say there's holiday spirit

    • 72 % Say it's dog friendly

    • 58 % Say kids play outside

    • 55 % Say people would walk alone at night

    • 53 % Say it's quiet

    • 50 % Say neighbors are friendly

    • 44 % Say there's wildlife

    • 43 % Say they plan to stay for at least 5 years

    • 33 % Say it's walkable to restaurants

    • 27 % Say there are community events

    • 23 % Say streets are well-lit

    • 22 % Say there are sidewalks

    • 20 % Say it's walkable to grocery stores

    Sourced by Trulia users. Learn more about our methodology.
    • Debjodunson24
      "They would like it - homes with acreage allowing their pets to have plenty of room. The neighborhood is very friendly."
    • Kody F.
      "I it’s a pretty good town overall. People are friendly, lots of college kids running around most of the year, and they don’t know how to drive"
    • Heidi S.
      "almost everyone has a dog and people are really open to bringing them most places. Unfortunately, parks don't enforce 'bag the poop' laws strongly enough."
    • Jose L.
      "Extremely safe place for kids. Great neighborhood. Friendly neighbors. Respectful drivers. Quiet at night. "
    • Casey C.
      "There are a bunch of great veterinary clinics here. There’s a huge park to take them to. Theres a pet supplies plus with a dog wash station. All in all, it’s a good place for Good boys and Good Girls."
    • Annialbano
      "I live near the college. Lots of families and kids around. Close to grocery schools and restaurants "
    • Joe H.
      "it's a very nice area. I like the nabors and not expensive in this area. I would recommend this are to any of my family members. "
    • Lularoewithliz
      "Schools are great but not very many amenities to do as a family. Stephenville is growing but it is slow growth."
    • Starrla1979
      "People are friendly. Little to no crime. Not like in major cities. Quiet atmosphere. Shopping is near by. We have H-E-B and Walmart for groceries. We have department stores. It doesn’t have everything, but it does have what you need! There’s about 17k to 20k people that live here. July 2019"
    • Chris G
      "Other people’s dog lose coming into the yard to use the restroom and bark at my dogs that are behind my dense."
    • Bre
      "Lots of dogs bark when you walk through the neighborhoods, but it doesn't bother me. They're just protecting their homes. "
    • Karen Perry
      "I have lived in my area for 5 years; neighbors watch out for each other, even thought I live outside the city limits."
    • Jlnorthcutt
      "Our subdivision is friendly, and everyone looks out for one another. It’s a great place to raise a family."
    • Jill N.
      "Grocery stores, schools, parks, and retail stores in Stephenville are about a five minute drive. There is no traffic to speak of."
    • Brian E.
      "I have a short drive and easy to and from, no matter time of day! One light between home and work..."
    • Annialbano
      "Lovely neighborhood with many families and professionals 😁 quiet and friendly. I have lived here three years and love it! "
    • Jonathon t.
      "We have concerts that go on in the bars and in the park. we are also big fans of football both high school and collegiate "
    • Caity
      "Stephenville is a small town and somehow everyone is connected. Largely a friendly population. Great schools, most of the roads are in good condition, crime isn’t so bad. Parks are good. "
    • Lisarenesandlin
      "I live close to the college. Just moved here to car for my aging parents. I got them situated and I’m getting out of here. Very unfriendly unwelcoming town. Behind times by 70 years. "
    • Briana V.
      "It’s college student oriented and full of life! The pets around town are mostly friendly and play dates in the park for dogs are common "

    LGBTQ Local Legal Protections

    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

    Frequently asked questions about 5300 County Road 132

    • What is the price history for 5300 County Road 132?
      5300 County Road 132 in Morgan Mill, TX last sold in May 2026.
    • Is Morgan Mill a buyer's or seller's market?
      Morgan Mill is currently a buyer's market, based on recent for-sale activity.
    • What's the median sale price in Morgan Mill?
      The median sale price in Morgan Mill is $317K. That is up $22.45K from the prior month.
    • What do residents say about Morgan Mill?
      Residents describe Morgan Mill, TX as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Morgan Mill, TX.

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    Off Market Homes Near 5300 County Road 132

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