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$342,000

341 Cave River Drive, Murphy, TX, 75094

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.66 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APNR-4576-00P-0020-1
Lot Number2
SubdivisionMaxwell Creek North Phase 2 (Cmr)
Land UseResidential
Legal DescriptionMAXWELL CREEK NORTH PHASE 2 (CMR), BLK P, LOT 2
Census Tract031329
Assessed Land Value$152,000
Assessed Improvement Value$320,816
Assessment Year2025

About this property

Fantastic ONE STORY home in Maxwell Creek features extensive wood floors & tile, NO CARPET! Wide open floor plan in kitchen & living area plus split bedroom layout is perfect for privacy. Kitchen features abundant cabinets with hardware, granite countertops, walk in pantry & SS appliances. Huge living room features gas fireplace, tall ceilings, crown molding & ceiling fan. Backyard features large open patio, tons of play space & private with no houses behind it. Community waterpark is just down the street plus Water's Edge Park along Creekside Drive has playgrounds, soccer fields & trails that can lead to Murphy Central Park with splashpad, playground, pond & amphitheater. NEW range 2019, NEW water heater 2020.

Investor Tools

Property Icon
$472,816
Estimated Property Value
$0Estimated Mortgage Balance
$209,222Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,837 /month
Positive
Cash Flow Estimate:
$946 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$616/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,027
$472,816
2025
$152,000
$320,816
$472,816
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,027
$472,816

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$292,000
No
First
Apr 1, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,594
$209,222
44%
56%
$1,751/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,016/mo
+$1,844/mo
9.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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