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B+
NoAgentList RatingHow are grades calculated? Info
Days137Days on Market
Views1view
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$550,000

308 Glen Ridge Dr, Murphy, TX, 75094

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.95 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4056-00H-0020-1
Lot Number2
SubdivisionGlen Ridge Estates - Phase Iii (Cmr)
Land UseResidential
Legal DescriptionGLEN RIDGE ESTATES - PHASE III (CMR), BLK H, LOT 2
Census Tract031327
Assessed Land Value$136,500
Assessed Improvement Value$427,934
Assessment Year2025

About this property

Oversized One-Story Gem in Glen Ridge Estates – Plano ISD! This rare find features 4 spacious bedrooms and a hard-to-find 3 full bathrooms. The open-concept layout includes formal dining and living areas, a bright breakfast nook, and a large family room perfect for gatherings. The chef’s kitchen has been beautifully renovated with updated cabinetry, stunning new chandeliers, modern flooring, and an essential kitchen island. . Key Features & Updates: ROOF replaced in 2022 Renovated Kitchen and updated vanities Updated flooring throughout Refrigerator, washer, and dryer included! The exterior is equally impressive with a side-entry driveway, professional landscaping, and a giant low maintenance backyard shaded by majestic mature trees. Enjoy your mornings on the covered back patio in this quiet, established neighborhood. Unbeatable location within walking distance to top-rated schools, parks, and shopping. This move-in-ready home is a must-see!

Investor Tools

Property Icon
$564,434
Estimated Property Value
$0Estimated Mortgage Balance
$564,434Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,387 /month
Positive
Cash Flow Estimate:
$1,129 /month

Interested in this property?

Jonathan Wang

Keller Williams Realty DPR

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$975/month
$193/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,872
$564,434
2025
$136,500
$427,934
$564,434
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,872
$564,434

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$582,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$193/mo
+$3,667/mo
8.2%

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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308 Glen Ridge Dr | Property Details | No Agent List