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$478,494

NAL Estimated Property Value

1301 Lonesome Dove Trl, Murphy, TX, 75094

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,226 Sq Ft
price_per_sqft$208.89 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-8867-00S-0030-1
Lot Number3
SubdivisionThe Ranch Phase 7 At North Hill (Cmr)
Land UseResidential
Legal DescriptionTHE RANCH PHASE 7 AT NORTH HILL (CMR), BLK S, LOT 3
Census Tract031329
Assessed Land Value$125,000
Assessed Improvement Value$353,494
Assessment Year2025

About this property

Welcome to 1301 Lonesome Dove Trail in The Ranch subdivision of Murphy! This home features 3 bedrooms, 2 full bathrooms, and a powder room for guests. Upon entering the home you will find a formal dining area currently being used as an office, making the space very versatile. The kitchen has been recently updated and features granite countertops, a large, single basin sink, and beautiful, white cabinetry. The lower cabinets have a built-in interior pull out drawer for easy access to pots and pans. The primary suite is separate from the two secondary bedrooms with an ensuite that has an oversized closet. There is a beautifully built board on board fence around the perimeter and no back neighbors! The owner added a detached one car garage with a workshop at the end of the expansive driveway, allowing for 3 total covered parking spaces. This neighborhood features walking trails, a community pool and park. Quiet, low traffic street. Wylie school district.

Investor Tools

Property Icon
$478,494
Estimated Property Value
$354,288Estimated Mortgage Balance
$124,206Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,871 /month
Positive
Cash Flow Estimate:
$957 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$665/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,586
$478,494
2025
$125,000
$353,494
$478,494
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,586
$478,494

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$364,000
No
First
Nov 8, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,288
$124,206
25%
74%
$2,183/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,368/mo
+$592/mo
7.4%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Murphy

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