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    5300 CR 132 Morgan Mill, TX 76465

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    UPDATED:

    $ 399,900
    5300 CR 132 Morgan Mill, TX 76465
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    TX > Morgan Mill
    Morgan Mill, TX 76465,5300 CR 132
    Morgan Mill, TX 76465,5300 CR 132
    Morgan Mill, TX 76465,5300 CR 132
    Morgan Mill, TX 76465,5300 CR 132
    Morgan Mill, TX 76465,5300 CR 132
    Morgan Mill, TX 76465,5300 CR 132
    REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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    Cathy Waters

    Cathy Waters

    cathypropertyshop@gmail.com +1(817) 371-1918
    $ 399,900
    Est. payment | /mo

    15.19 Acres Lot


    Save Virtual Tour
    $ 399,900
    Est. payment | /mo
    Save Virtual Tour

    15.19 Acres Lot

    Key Details

    Property Type Vacant Land

    Sub Type Unimproved Land

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 20928695

    HOA Y/N None

    Lot Size 15.186 Acres

    Acres 15.186

    Property Sub-Type Unimproved Land

    Property 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.

    Location

    State TX

    County Erath

    Zoning ag

    Direction GPS Friendly

    Exterior

    Fence Barbed Wire

    Utilities Available Co-op Electric, Well

    Garage No

    Building

    Lot Description Acreage, Agricultural, Many Trees, Tank/ Pond

    Schools

    Elementary Schools Morgan Mill

    Middle Schools Morgan Mill

    High Schools Morgan Mill

    School District Morgan Mill Isd

    Others

    Restrictions Deed,No Mobile Home

    Ownership Of Record

    Acceptable Financing Assumable, Cash, Conventional, Conventional Assumable, FHA, Texas Vet, USDA Loan, VA Loan

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

    Virtual Tour https://mls.waynestratton.com/5300-Co-Rd-132/idx

    North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
    ©2025 North Texas Real Estate Information Systems.
    Listed by Michelle Reed • Trinity Country Real Estate

    GET MORE INFORMATION

    agent
    Cathy Waters

    REALTOR® | Lic# 577366

    cathypropertyshop@gmail.com

    +1(817) 371-1918

    7357 Golfclub Dr, Worth, TX, 76179

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    5300 CR 132

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

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    Cathy Waters Lic# 577366

    +1(817) 371-1918 cathypropertyshop@gmail.com

    7357 Golfclub Dr, Worth, TX, 76179

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