Last 24 Hours
$794,640
NAL Estimated Property Value308 E Murphy St, Marfa, TX, 79843
$1,033,032 ARV
Off Market
3 Beds
3 Bath
4,011 Sq Ft
$190.73 / sqft
Built in 1950Property Lead Type:
ARV FlipAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 3AppliancesMore than One Water Heater, Gas Range, Free Standing Gas, Dishwasher, Refrigerator
FlooringHardwood
Exterior
Lot Size15,202 sqft
Building Information
Year Built1950
Land Information
APN131000000440003000000
Lot Number2-4
SubdivisionMarfa
Land UseResidential
Legal Description44, MARFA W 13.5' OF LOT 2 & 3-4
Census Tract950100
Assessed Land Value$147,520
Assessed Improvement Value$647,120
Assessment Year2025
About this property
Artists compound with multiple spaces, a main residence, an additional studio building with an apartment, and a large shed for storage. The studio building is comprised of two large buildings which were airforce barrack buildings joined by a foyer/passageway between the two. The main house has 2 bedrooms, an open loft-like floor plan for the living area and wood burning stove. Privacy fence around property with plantings and xeriscaping throughout the grounds. Architect designed w/great layout.
Investor Tools
$794,640
Estimated Property Value
$563,798Estimated Mortgage Balance
$231,682Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,033,032
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,768 /month
Positive
Cash Flow Estimate:
$1,589 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,625/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,530
$794,640
2025
$147,520
$647,120
$794,640
No
Tax History
Year
Tax Paid
Assessed Value
2025
$15,530
$794,640
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$569,600
No
First
Sep 17, 2025
Oct 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$563,798
$230,842
29%
71%
$3,416/mo
12.4%