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$525,000

205 Thomas Dr, Murphy, TX, 75094

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.59 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave

Exterior

Exterior FeaturesBasketball Court, RV Hookup
Lot Size11,775 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APNR-4288-00G-0180-1
Lot Number18
SubdivisionWindy Hill Farms Phase 5 (Cmr)
Land UseResidential
Legal DescriptionWINDY HILL FARMS PHASE 5 (CMR), BLK G, LOT 18
Census Tract031327
Assessed Land Value$130,000
Assessed Improvement Value$337,501
Assessment Year2025

About this property

Meticulously maintained & updated home in the heart of Murphy and zoned for Plano ISD schools. 4 bedrooms, 2.5 baths, 2 living spaces and an impressive outdoor covered deck area! All bedrooms are upstairs with recently updated bathrooms and there are 3 AC units to keep the house cool. Kitchen is open to the living space and loaded with quartz countertops and stainless steel appliances. The office space off the entry is super flexible and could be used for a game room, media room or a downstairs bedroom. Loads of parking on this lot with extra paved sports court area in the backyard and storage for a boat or another car. 2.5 car garage gives you plenty of space for two cars and a workshop area with a sink. The 648sqft outdoor living space with a cedar covered deck is what really sets this one apart with long lasting Trex decking, extensive lighting and lounging space galore-perfect for any time of the year. 2 min walk to the soccer fields or the hike & bike trail and just a couple blocks from the community clubhouse that features a junior olympic size pool and playground that can be used for free and reserved for parties, meetings, and events. Close to the new HEB, shopping and restaurants.

Investor Tools

$0Estimated Mortgage Balance
$482,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Jeremy Simmons

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$704/month
$790/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,043
$467,501
2025
$130,000
$337,501
$467,501
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,043
$467,501

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$482,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$790/mo
+$3,070/mo
9.6%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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205 Thomas Dr | Property Details | No Agent List