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$548,000

NAL Estimated Property Value

245 Crepe Myrtle Ln, Murphy, TX, 75094

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,761 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.06 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Hardwood

Exterior

Private PoolPrivate Pool

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APNR-4576-00T-0200-1
Lot Number20
SubdivisionMaxwell Creek North Phase 2 (Cmr)
Land UseResidential
Legal DescriptionMAXWELL CREEK NORTH PHASE 2 (CMR), BLK T, LOT 20
Census Tract031329
Assessed Land Value$168,000
Assessed Improvement Value$378,667
Assessment Year2025

About this property

Nestled in the heart of Murphy, Texas, this meticulously maintained 4-bedroom, 2.5-bathroom home seamlessly combines elegance and comfort. Step inside to be greeted by spacious living areas adorned with refined finishes, hardwood floors and abundant natural light. The thoughtfully designed open floor plan caters to both family living and entertaining, offering a seamless flow from the formal dining room to the cozy family room. Hand Scraped floors bring warmth and luxury. The gourmet kitchen is a chef’s delight, featuring granite countertops, custom cabinetry, and modern appliances that make meal prep a breeze. Each bedroom provides a private retreat, with the luxurious primary suite boasting a spa-like en-suite bathroom complete with dual vanities, a soaking tub, and a separate walk-in shower. The backyard is a true oasis, perfect for relaxation and hosting guests. Dive into the pristine pool or enjoy evenings under the stars in this beautifully landscaped outdoor space. The property is located in a neighborhood known for its exceptional amenities, including parks, walking trails, and community events that enhance a vibrant lifestyle. This home embodies a harmonious blend of luxury and practicality, ready to welcome its new owners to unparalleled comfort in a sought-after Murphy locale.

Investor Tools

Property Icon
$548,000
Estimated Property Value
$582,517Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$872/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,723
$546,667
2025
$168,000
$378,667
$546,667
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,723
$546,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$597,550
No
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$582,517
N/A
0%
106%
$3,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,908/mo
$-48/mo
8.5%

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.

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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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245 Crepe Myrtle Ln | Property Details | No Agent List