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$479,000

$489,000

320 Elizabeth Trl, Murphy, TX, 75094

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,323 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.2 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee OwnerHigh EquityMove-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 Cooktop, Electric Oven, Microwave
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4288-00I-0180-1
Lot Number18
SubdivisionWindy Hill Farms Phase 5 (Cmr)
Land UseResidential
Legal DescriptionWINDY HILL FARMS PHASE 5 (CMR), BLK I, LOT 18
Census Tract031327
Assessed Land Value$117,000
Assessed Improvement Value$343,717
Assessment Year2025

About this property

Beautifully updated one-story home backing to a serene treed greenbelt with walking trails. Step inside to an open, bright layout featuring gorgeous wood-like LVP flooring, fresh neutral colors, split formal living and dining, and a spacious family room anchored by a cozy floor-to-ceiling brick fireplace. The remodeled kitchen offers granite countertops, a center island, breakfast bar, upgraded stainless steel dishwasher, oven, and microwave, plus a sunny breakfast area. The private owners retreat includes a charming bay-window sitting area with backyard views, dual vanities, a garden tub, separate shower, and a generous walk-in closet. The excellent floorplan provides two secondary bedrooms connected by a Jack-and-Jill bath, while the separate fourth bedroom enjoys its own full bath—ideal for guests or multigenerational living. Recent updates include all new flooring, fresh interior paint, 23 replaced window panes, and a WiFi-enabled smart lock. Relax on the extended back patio and enjoy the shady, tranquil yard with no rear neighbors. Just a short walk to the neighborhood pool and playground, and minutes from shopping and restaurants.

Investor Tools

Property Icon
$492,000
Estimated Property Value
$210,000Estimated Mortgage Balance
$284,759Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,952 /month
Positive
Cash Flow Estimate:
$984 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$650/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,340
$460,717
2025
$117,000
$343,717
$460,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,340
$460,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$210,000
No
First
Oct 17, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,241
$284,759
57%
42%
$1,260/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,135/mo
+$1,725/mo
9.4%

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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320 Elizabeth Trl | Property Details | No Agent List