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$2,500

3700 Murphy Dr, Bedford, TX, 76021

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,037 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Tile, Wood

Exterior

Lot Size8,137 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN8887-1-5
Lot Number5
SubdivisionCross Timbers Addition
Land UseResidential
Legal DescriptionCROSS TIMBERS ADDITION BLOCK 1 LOT 5
Census Tract113623
Assessed Land Value$70,000
Assessed Improvement Value$267,704
Assessment Year2025

About this property

Updated single-story home featuring granite countertops, white cabinetry, and a bright, inviting interior. The spacious family room offers a stunning vaulted, beamed ceiling, fireplace, and a wet bar, creating the perfect space for relaxing or entertaining. A versatile formal dining room can easily serve as a home office or flex space to fit your needs. Enjoy the private, low-maintenance backyard with an oversized covered patio—ideal for outdoor dining or unwinding year-round. Conveniently located near Covenant Christian Academy with easy access to shopping, dining, and major roadways. ONLY ONE PET UNDER 25 LBS WILL BE PERMITTED. NO EXCEPTIONS. $500 Pet deposit. Kitchen fridge, garage fridge, microwave, washer, dryer, TV, sound system, and patio furniture convey with lease. Yard care is tenant responsibility. TWO YEAR LEASE MIMINUM REQUIRED! Property to be cleaned and minor maintenance prior to new lease starting.

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Sophie Diaz

Sophie Tel Diaz Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,817
$337,704
2025
$70,000
$267,704
$337,704
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,817
$337,704

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$429,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
6.0%

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: Bedford

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