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$625,000

416 Ridgeview Dr, Murphy, TX, 75094

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,095 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.33 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringWood, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size34,892 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1092-002-0330-1
Lot Number33
SubdivisionTravis Estates (Cmr)
Land UseResidential
Legal DescriptionTRAVIS ESTATES (CMR), BLK B, LOT 33
Census Tract031335
Assessed Land Value$108,135
Assessed Improvement Value$333,636
Assessment Year2025

About this property

A rare opportunity to own almost an acre within Murphy city limits. This beautifully maintained .801 acre property is nestled in a quiet, established neighborhood with no HOA and within Wylie ISD. It offers lots of updates, awesome outdoor entertaining space and a great pool & spa. Inside, enjoy engineered hardwood and travertine tile floors (no carpet!) and fresh interior paint (2025). Living room features French doors leading to the backyard and an inviting raised hearth gas fireplace with oak beam mantle. Light and bright dining room features wainscoting and a new chandelier. Updated kitchen boasts granite countertops, a peninsula bar, stainless steel appliances and travertine floors. The game room-den offers versatility as a home office, playroom, media room, or additional bedroom. Relaxing primary suite features a jacuzzi tub with waterfall faucet, pretty chandelier, seamless glass shower, granite counters, travertine floors and 2 spacious walk-in closets. Secondary bedrooms include built-in window seats and ceiling fans with remotes. Step outside to your private, tranquil & relaxing backyard oasis. You’ll find a sparkling pool and spa, flagstone patio (2023), huge flagstone firepit on a concrete base with LED lighting (2023), molded concrete borders with LED lighting (2023), childproof fencing, multiple electrical & phone charger outlets, a gorgeous outdoor chandelier and lots of party lights strung thru the trees. It’s a beautiful twilight experience! Lots of extra parking for cars, RVs or boats on the crushed granite parking area which has a crushed concrete base. Accommodates up to six vehicles. New cedar privacy fence on a raised concrete wall added in 2024. Oversized garage includes storage cabinets & shelves. HVAC (2022), Gas Water Heater (2019), Roof (2017), Exterior Paint (2025). Landscaped front and back with lots of mature trees for shade. This home feels like country in the city. Come see today!

Investor Tools

Property Icon
$617,000
Estimated Property Value
$508,000Estimated Mortgage Balance
$118,707Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,546
$441,771
2025
$108,135
$333,636
$441,771
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,546
$441,771

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stanford Fcu
Conventional
$508,000
No
First
Apr 14, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,293
$118,707
19%
81%
$3,046/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$3,046/mo
+$814/mo
7.5%

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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