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

5300 County Road 132
Morgan Mill, TX 76465

    (on 15.19 acres)

    Local Information

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

    Description

    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. It is currently off market.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    120 days ago

    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

    Media

    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
    Last check for updates: about 22 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

    Price History for 5300 County Road 132

    DatePriceEventSource
    05/12/2026--Sold
    NTREIS #21202315
    04/22/2026$324,000PendingREALSTACK #21202315
    04/21/2026$324,000ContingentNTREIS #21202315
    03/09/2026$324,000Listed For SaleNTREIS #21202315
    12/15/2025$375,000ListingRemovedNTREIS #20928695
    12/10/2025$375,000PriceChange
    REALSTACK #20928695
    09/11/2025$399,900PriceChange
    REALSTACK #20928695
    09/03/2025$375,000PriceChange
    NTREIS #20928695
    05/15/2025$399,900Listed For SaleNTREIS #20928695

    Market trends in Stephenville

    Last updated May 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $296K
    $6K    MoM
    Sale-to-List Price
    97.1%
    0.5%    MoM
    Price per sq ft
    $180
    $6    MoM
    Available listings
    175
    9    MoM
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    Comparable Sales for 5300 County Road 132

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    6085 County Road 132, Stephenville, TX
    0.40
    Lot/Land
    -
    03/11/26
    -
    -
    Tract 6 County Road 132, Stephenville, TX
    0.62
    Lot/Land
    -
    10/22/25
    -
    -
    144 County Rd, Stephenville, TX
    3.96
    Lot/Land
    -
    06/01/26
    -
    -
    1170 Lookout Point, Stephenville, TX
    4.69
    Lot/Land
    -
    09/26/25
    -
    -
    FM 1189, Bluff Dale, TX
    5.33
    Lot/Land
    -
    08/04/25
    -
    -
    W FM 1188, Gordon, TX
    5.38
    Lot/Land
    -
    02/09/26
    -
    -
    1155 County Road 164, Stephenville, TX
    6.36
    Lot/Land
    -
    08/11/25
    -
    -
    15305 County Road 136, Gordon, TX
    7.20
    Lot/Land
    -
    03/10/26
    -
    -
    1 County Road 120, Gordon, TX
    7.47
    Lot/Land
    -
    03/11/26
    -
    -

    Nearby homes

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    Assigned Schools

    These are the assigned schools for 5300 County Road 132.

    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."
      0
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    • 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"
      0
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    • 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."
      0
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    • Jose L.
      "Extremely safe place for kids. Great neighborhood. Friendly neighbors. Respectful drivers. Quiet at night. "
      0
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    • 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."
      0
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    • Annialbano
      "I live near the college. Lots of families and kids around. Close to grocery schools and restaurants "
      3
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    • 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. "
      0
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    • Lularoewithliz
      "Schools are great but not very many amenities to do as a family. Stephenville is growing but it is slow growth."
      0
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    • 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"
      0
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    • 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."
      0
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    • Bre
      "Lots of dogs bark when you walk through the neighborhoods, but it doesn't bother me. They're just protecting their homes. "
      0
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    • 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."
      0
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    • Jlnorthcutt
      "Our subdivision is friendly, and everyone looks out for one another. It’s a great place to raise a family."
      0
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    • Jill N.
      "Grocery stores, schools, parks, and retail stores in Stephenville are about a five minute drive. There is no traffic to speak of."
      0
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    • Brian E.
      "I have a short drive and easy to and from, no matter time of day! One light between home and work..."
      0
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    • Annialbano
      "Lovely neighborhood with many families and professionals 😁 quiet and friendly. I have lived here three years and love it! "
      2
      Flag
    • 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 "
      0
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    • 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. "
      1
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    • 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. "
      1
      Flag
    • 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 "
      1
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    Explore by feature - Pet Friendly

    46 pet-friendly rentals in Morgan Mill, TX

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    Homes for sale near 5300 County Road 132

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    Off Market Homes Near 5300 County Road 132

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    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.

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