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$750,000

329 Covington Ct, Murphy, TX, 75094

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths4,776 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.04 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Double Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Private Yard, Storage

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces3

Land Information

APNR-4569-00B-0080-1
Lot Number8
SubdivisionHunters Landing - Phase I (Cmr)
Land UseResidential
Legal DescriptionHUNTERS LANDING - PHASE I (CMR), BLK B, LOT 8
Census Tract031328
Assessed Land Value$195,500
Assessed Improvement Value$591,830
Assessment Year2025

About this property

Fabulous home at the top of a cul-de-sac - MOST DESIRABLE LOT on Covington Court. SHOWS NEW! Excellent hard-to-find floorplan with 6 bedrooms & 5 full baths - three bedrooms downstairs, & 3 up. Interior features FRESH PAINT & NEW CARPET, plantation shutters, WOOD FLOORING, sweeping staircase, built-ins, high ceilings, & lots of bright windows. Kitchen features a center island, breakfast bar, GAS COOKTOP, beautiful wood cabinetry, DOUBLE OVENS, & amazing dry bar or butlers pantry area. Two-story family room with gas log fireplace. Lovely owners retreat has sitting area, separate vanities, corner tub, & walk-in closet. Large upstairs game room & media room. Don’t miss showing the SAFE ROOM located in upstairs bedroom. Huge backyard with covered patio, pergola, OUTDOOR KITCHEN, and SPARKLING POOL! Plano ISD. Close to shopping & restaurants.

Investor Tools

Property Icon
$787,330
Estimated Property Value
$100,000Estimated Mortgage Balance
$200,145Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,724 /month
Positive
Cash Flow Estimate:
$1,575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,228/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,799
$787,330
2025
$195,500
$591,830
$787,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,799
$787,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$100,000
No
First
May 30, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$587,185
$200,145
25%
75%
$3,598/mo

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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329 Covington Ct | Property Details | No Agent List