<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0704</schemaVersion>

    <submissionType>D/A</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001466589</cik>
        <entityName>Thompson/Morgan Baton Rouge I, DST</entityName>
        <issuerAddress>
            <street1>1900 MAIN STREET</street1>
            <street2>SUITE 700</street2>
            <city>IRVINE</city>
            <stateOrCountry>CA</stateOrCountry>
            <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
            <zipCode>92614</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>949-833-8252</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Business Trust</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2008</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Anthony</firstName>
                <middleName>W.</middleName>
                <lastName>Thompson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1900 Main Street</street1>
                <street2>Suite 700</street2>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member and CEO of Sponsor - Thompson National Properties, LLC</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Jack</firstName>
                <middleName>R.</middleName>
                <lastName>Maurer</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1900 Main Street</street1>
                <street2>Suite 700</street2>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Vice Chairman and Partner of Sponsor - Thompson National Properties, LLC</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Greg</firstName>
                <lastName>Genovese</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1900 Main Street</street1>
                <street2>Suite 700</street2>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>President, Securities Division of Sponsor - Thompson National Properties, LLC</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Johanna</firstName>
                <lastName>Howard</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1900 Main Street</street1>
                <street2>Suite 700</street2>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Chief Financial Officer of Sponsor - Thompson National Properties, LLC</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Darryll</firstName>
                <lastName>Goodman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1900 Main Street</street1>
                <street2>Suite 700</street2>
                <city>Irvine</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>92614</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Senior Vice President, Asset Management, of Sponsor - Thompson National Properties, LLC</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Residential</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
            <item>3C.5</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
                <previousAccessionNumber>0001466589-10-000001</previousAccessionNumber>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-06-11</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>100000</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Larry I. Behrends</recipientName>
                <recipientCRDNumber>16971</recipientCRDNumber>
                <associatedBDName>Workman Securities Corporation</associatedBDName>
                <associatedBDCRDNumber>31989</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1275 58th Avenue, Suite A</street1>
                    <city>Greeley</city>
                    <stateOrCountry>CO</stateOrCountry>
                    <stateOrCountryDescription>COLORADO</stateOrCountryDescription>
                    <zipCode>80634</zipCode>
                </recipientAddress>
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                    <state>AZ</state>
                    <description>ARIZONA</description>
                    <state>CA</state>
                    <description>CALIFORNIA</description>
                    <state>CO</state>
                    <description>COLORADO</description>
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                    <state>DC</state>
                    <description>DISTRICT OF COLUMBIA</description>
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                    <description>GEORGIA</description>
                    <state>ID</state>
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                    <description>MARYLAND</description>
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                    <description>NEBRASKA</description>
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                    <description>NEVADA</description>
                    <state>NH</state>
                    <description>NEW HAMPSHIRE</description>
                    <state>NM</state>
                    <description>NEW MEXICO</description>
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                    <description>NORTH DAKOTA</description>
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                    <description>OKLAHOMA</description>
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                    <description>PENNSYLVANIA</description>
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                    <description>TEXAS</description>
                    <state>UT</state>
                    <description>UTAH</description>
                    <state>WA</state>
                    <description>WASHINGTON</description>
                    <state>WY</state>
                    <description>WYOMING</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Tracy R. Turner</recipientName>
                <recipientCRDNumber>1385745</recipientCRDNumber>
                <associatedBDName>Private Asset Group, Inc.</associatedBDName>
                <associatedBDCRDNumber>142541</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1917 Palomar Oaks Way</street1>
                    <street2>Suite 150</street2>
                    <city>Carlsbad</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                    <zipCode>92008</zipCode>
                </recipientAddress>
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                    <state>AZ</state>
                    <description>ARIZONA</description>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>Pacific West Securities, Inc.</recipientName>
                <recipientCRDNumber>6390</recipientCRDNumber>
                <associatedBDName>Pacific West Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>6390</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>555 S. Renton</street1>
                    <street2>Village Place, Suite 700</street2>
                    <city>Renton</city>
                    <stateOrCountry>WA</stateOrCountry>
                    <stateOrCountryDescription>WASHINGTON</stateOrCountryDescription>
                    <zipCode>98057</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <value>All States</value>
                </statesOfSolicitationList>
                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>John P. Harvey, Jr.</recipientName>
                <recipientCRDNumber>4227692</recipientCRDNumber>
                <associatedBDName>Omni Brokerage, Inc.</associatedBDName>
                <associatedBDCRDNumber>16878</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>One City Boulevard West</street1>
                    <street2>Suite 870</street2>
                    <city>Orange</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                    <zipCode>92868</zipCode>
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                    <description>NEW YORK</description>
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                    <state>TX</state>
                    <description>TEXAS</description>
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            </recipient>
            <recipient>
                <recipientName>Mark S. Mourick</recipientName>
                <recipientCRDNumber>867435</recipientCRDNumber>
                <associatedBDName>Gramercy Securities, Inc.</associatedBDName>
                <associatedBDCRDNumber>8177</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>24901 Dana Point Harbor Drive</street1>
                    <street2>Suite 230</street2>
                    <city>Dana Point</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                    <zipCode>92629</zipCode>
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                    <state>AZ</state>
                    <description>ARIZONA</description>
                    <state>CA</state>
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                    <state>CO</state>
                    <description>COLORADO</description>
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                    <description>VERMONT</description>
                    <state>VA</state>
                    <description>VIRGINIA</description>
                    <state>WA</state>
                    <description>WASHINGTON</description>
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                <foreignSolicitation>false</foreignSolicitation>
            </recipient>
            <recipient>
                <recipientName>M. Gene Walter</recipientName>
                <recipientCRDNumber>851987</recipientCRDNumber>
                <associatedBDName>MCL Financial Group, Inc.</associatedBDName>
                <associatedBDCRDNumber>41180</associatedBDCRDNumber>
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                    <street1>12600 West Colfax Avenue</street1>
                    <street2>Suite C-480</street2>
                    <city>Lakewood</city>
                    <stateOrCountry>CO</stateOrCountry>
                    <stateOrCountryDescription>COLORADO</stateOrCountryDescription>
                    <zipCode>80215</zipCode>
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                    <state>AZ</state>
                    <description>ARIZONA</description>
                    <state>CA</state>
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                    <description>COLORADO</description>
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                    <state>NM</state>
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            <recipient>
                <recipientName>Stephen A. Pierce</recipientName>
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                    <city>Daphne</city>
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                <recipientName>Derek J. Elrod</recipientName>
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                <recipientName>Jeffrey J. Arburn</recipientName>
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                <recipientName>Norberto Fernandez</recipientName>
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                <recipientName>William W. Gammon</recipientName>
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                    <description>WASHINGTON</description>
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            <recipient>
                <recipientName>William R. Furlong, Jr.</recipientName>
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                    <street1>3460 Torrance Boulevard</street1>
                    <street2>Suite 306</street2>
                    <city>Torrance</city>
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                    <description>CALIFORNIA</description>
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                <foreignSolicitation>false</foreignSolicitation>
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            <recipient>
                <recipientName>Michael S. Welch</recipientName>
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                    <street2>Suite 400</street2>
                    <city>Dallas</city>
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                    <description>WISCONSIN</description>
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            <recipient>
                <recipientName>Angela L. Tejeda</recipientName>
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                <associatedBDName>Money Concepts Capital Corp.</associatedBDName>
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                <recipientName>Christopher M. Schellin</recipientName>
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                <recipientName>Leslie M. Pappas</recipientName>
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                    <description>WASHINGTON</description>
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                <recipientName>Gregory W. McCloskey</recipientName>
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                    <street1>4100 Newport Place</street1>
                    <street2>Suite 630</street2>
                    <city>Newport Beach</city>
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                <recipientName>Ivette M. Peugnet</recipientName>
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                <recipientName>David B. McMillen</recipientName>
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                <recipientName>Craig C. Frieders</recipientName>
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                <recipientName>Adam Bryan</recipientName>
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                <recipientName>John M. Kosmicki</recipientName>
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