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 |
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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
Local Information
-- mins to
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 4 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
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Appliances & Utilities Utilities: Electricity Available, Water Available |
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Exterior Home Features Fencing: Barbed Wire |
Frontage Road Frontage: County RoadNot on Waterfront |
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Cumulative Days on Market: 45 |
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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 |
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Price List Price: $324,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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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 |
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No HOA |
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Lot Area: 15.186 Acres |
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Listing Terms: Assumable, Cash, Conventional, FHA, Texas Vet, USDA Loan, VA Loan |
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Mls Number: 21202315Living Area Range Units: Square FeetAttribution Contact: (817) 594-8183 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
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 |
Dec 10, 2025 Source: REALSTACK #20928695 | PriceChange | $375,000 Price decreased by 6% |
Sep 11, 2025 Source: REALSTACK #20928695 | PriceChange | $399,900 Price increased by 7% |
Sep 3, 2025 Source: NTREIS #20928695 | PriceChange | $375,000 Price decreased by 6% |
May 15, 2025 Source: NTREIS #20928695 | Listed For Sale | $399,900 |
Market trends in Stephenville
Last updated July 2026
Avg. sale price
$317K
$22.45KMoM
Sale-to-List Price
97.5%
0.2%MoM
Price per sq ft
$193
$11MoM
Available listings
203
12MoM
Around this home
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.
LGBTQ Local Legal Protections
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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.