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$931,000

NAL Estimated Property Value

407 High Point Drive, Murphy, TX, 75094

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,609 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.81 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces3

Land Information

APNR-8101-00N-0050-1
Lot Number5
SubdivisionRolling Ridge Estates Phase 2 (Cmr)
Land UseResidential
Legal DescriptionROLLING RIDGE ESTATES PHASE 2 (CMR), BLK N, LOT 5
Census Tract031326
Assessed Land Value$195,000
Assessed Improvement Value$736,000
Assessment Year2025

About this property

Gorgeous 5 Bedroom Shaddock Built Home boasting grand living, palatial 60' pool+spa and 2 outdoor living areas in prestigious Rolling Ridge. Entertain in the open floor plan with beautiful hardwoods, lofted ceilings & impressive architectural accents. Kitchen has large center island with granite counters, Thermador SS double ovens, gas range & separate coffee bar. Master + guest BD down, office with rotunda ceiling & FP, curved staircase. Find 3 BD, game room & giant media room with bar up. Oasis pool with glass tile, limestone coping, LED lights, scuppers, travertine deck, multiple patios & spa with 2-tier seating, pergola & side yard with artificial turf. Oversized garages, corner lot, tankless water heater.

Investor Tools

Property Icon
$931,000
Estimated Property Value
$215,149Estimated Mortgage Balance
$715,851Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,586 /month
Positive
Cash Flow Estimate:
$1,862 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,347/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,505
$931,000
2025
$195,000
$736,000
$931,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,505
$931,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeservices Financial Llc
Conventional
$250,000
No
First
May 22, 2019
Jul 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,149
$715,851
76%
23%
$1,499/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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