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$611,000

NAL Estimated Property Value

306 Brookmere Lane, Murphy, TX, 75094

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,454 Sq Ft
price_per_sqft$123.02 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APNR-4753-00S-0130-1
Lot Number13
SubdivisionMaxwell Creek North Phase 4 (Cmr)
Land UseResidential
Legal DescriptionMAXWELL CREEK NORTH PHASE 4 (CMR), BLK S, LOT 13
Census Tract031329
Assessed Land Value$160,000
Assessed Improvement Value$422,448
Assessment Year2025

About this property

WOW! JUST REDUCED! At This Price You won't find another home in Murphy with this level of Upgrades Featuring POOL W Multi-Color LED lights+Extended Patio+Additional Yard with Garden and a 3CAR Garage,4 Bedrooms+Study 2.1 Baths w Jack-N-Jill setup, Beautiful Front Porch & Landscaping, Rich Wood Floors throughout living, dining & Kitchen, SS Appliance, Gas Cooktop, Granite counters, Walk-in-Pantry, Tall Cabinets, Oil Rubbed Bronze&Brush Nickel Fixtures, Large Master Closet w Shoe Shelves, Insulated Garage Doors, Lorex Security Sys.+much more! Perfect Location in one of the Best Neighborhoods in Murphy w miles of trails, elementary school in the neighborhood&outstanding amenities! PRE-LISTING INSPECTION completed!

Investor Tools

Property Icon
$611,000
Estimated Property Value
$387,052Estimated Mortgage Balance
$223,948Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,666 /month
Positive
Cash Flow Estimate:
$1,222 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$923/month
$268/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,023
$582,448
2025
$160,000
$422,448
$582,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,023
$582,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$423,049
No
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,052
$223,948
36%
63%
$2,537/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,805/mo
+$1,055/mo
7.6%

City: Murphy

306 Brookmere Lane | Property Details | No Agent List