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$614,000

NAL Estimated Property Value

506 Raven Drive, Murphy, TX, 75094

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths3,311 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.78 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven, Plumbed For Ice Maker
FlooringWood

Exterior

Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2007
Stories2
Garage Spaces2

Land Information

APNR-9117-00G-0020-1
Lot Number2
SubdivisionAviary Phase 4 (Cmr)
Land UseResidential
Legal DescriptionAVIARY PHASE 4 (CMR), BLK G, LOT 2
Census Tract031327
Assessed Land Value$180,000
Assessed Improvement Value$370,987
Assessment Year2025

About this property

BEAUTIFUL AND RARE 1.5 STORY HOME IN DESIRABLE AVIARY COMMUNITY! A grand, spacious entry welcomes you with decorative stone arches adorning gourmet kitchen and opens to large living area. Enjoy new handicapper hardwood floor, granite kitchen counter tops, island, split bedrooms and study or den which could be used as a 4th bedroom. Gorgeous rod iron balusters with wood trim lead you to a massive game room and powder room upstairs. The master retreat is one you won't want to miss with bay windows, jetted bath tub and a walk-in closet 3 tiers high. The backyard is great for entertaining which features outdoor kitchen with built-in BBQ and refrigerator, fire pit and above ground spa. Welcome home!

Investor Tools

Property Icon
$614,000
Estimated Property Value
$304,722Estimated Mortgage Balance
$309,278Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,684 /month
Positive
Cash Flow Estimate:
$1,228 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,121/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,383
$550,987
2025
$180,000
$370,987
$550,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,383
$550,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$351,000
No
First
Sep 27, 2019
Oct 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,722
$309,278
50%
50%
$2,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,505/mo
+$455/mo
5.8%

City: Murphy

506 Raven Drive | Property Details | No Agent List