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Owner Contacts

$499,900

215 Elizabeth Trail, Murphy, TX, 75094

Off Market

4 Beds

3 Bath

2,786 Sq Ft

Single Family Residence

$179.43 / sqft

Built in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2.5

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave

FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2000

Stories2

Garage Spaces2

Land Information

APNR-4288-00H-0220-1

Lot Number22

SubdivisionWindy Hill Farms Phase 5 (Cmr)

Land UseResidential

Legal DescriptionWINDY HILL FARMS PHASE 5 (CMR), BLK H, LOT 22

Census Tract031327

Assessed Land Value$130,000

Assessed Improvement Value$424,734

Assessment Year2025

About this property

FANTASTIC LOCATION, BEAUTIFUL VIEWS ACROSS FROM GREEN FIELD, GREENBELT & WALK BIKE TRAILS TO COMMUNITY POOL, CLUBHOUSE & PLAYGROUND. Walk in & you'll immediately notice the open floor plan w huge living room, large dining w bay window plenty of room to seat a large party, grand foyer w convenient half bathroom access updated w custom sink, granite countertop & built-in cedar like shelves, huge family room w corner fireplace, gas logs & wood mantel open to updated dream kitchen w large breakfast bar, island, granite countertops, glass tile backsplash, gas cooktop, ss microwave & large walk-in pantry next to kitchen nook w bay window leading to roomy utility room w built-in folding table, cabinets, drip-dry & room for full sized washer & dryer. Upstairs you'll love the massive master suite w bay window overlooking green field & greenbelt, inviting ensuite master bathroom, 3 additional large bedrooms w shared hall bath. Must see massive back yard w huge, covered patio, long driveway.

Investor Tools

$556,000

Estimated Property Value

$0Estimated Mortgage Balance

$402,521Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,336 /month

Positive

Cash Flow Estimate:

$1,112 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$863/month

$550/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,578

$554,734

2025

$130,000

$424,734

$554,734

Tax History

Year

Tax Paid

Assessed Value

2024

$7,578

$554,734

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Prosperity Home Mortgage Llc

Conventional

$165,000

First

Aug 15, 2022

Sep 2037

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$153,479

$402,521

72%

28%

$990/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,860/mo

$1,540/mo

+$2,320/mo

8.3%

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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