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$680,000

520 Smoke Tree Dr, Murphy, TX, 75094

PendingInfo
Beds4 Beds
Baths4 Bath
Baths3,957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.85 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APNR-9613-00E-0180-1
Lot Number18
SubdivisionMaxwell Creek North Phase 8c (Cmr)
Land UseResidential
Legal DescriptionMAXWELL CREEK NORTH PHASE 8C (CMR), BLK E, LOT 18
Census Tract031329
Assessed Land Value$178,500
Assessed Improvement Value$508,525
Assessment Year2025

About this property

Beautifully appointed 1.5-story home in Murphy’s desirable Maxwell Creek North showcases a classic brick and stone elevation with elegant curb appeal. Located close to Water’s Edge Park, this spacious home offers an elegant powered gate, private gated driveway, oversized lot, inviting living spaces, and a versatile floor plan designed for everyday comfort and entertaining. Recent seller updates include a roof installed in 2025 with Class 4 shingles, all three HVAC systems replaced in 2026, and recently installed carpet. The bright, open interior features neutral colors, arched doorways, and abundant natural light. The sought-after layout offers all bedrooms down, with the 4th bedroom currently used as a flex room. The kitchen features granite counters, center island, gas cooktop, and stainless steel appliances, with refrigerator, washer, and dryer included. Upstairs, the game room, dedicated media room, and half bath create the perfect second living space for movie nights, game days, hobbies, or a private retreat. Media room screen, projector, and wall shelving stay with the home. The covered patio overlooks an oversized backyard with room to relax or entertain, while the powered gate adds privacy, safety, and security. Just a short distance is Water’s Edge Park which offers almost 5 acres of walking trails, soccer fields, creekside natural trails, playgrounds, wildflower areas, and access to multiple trail connections throughout Murphy. Located in highly regarded Wylie ISD near shopping, dining, parks, trails, and major routes, this home combines space, privacy, flexibility, and convenience in a fantastic Murphy location. A 3D Matterport virtual tour is available to tour the home right now.

Investor Tools

$329,321Estimated Mortgage Balance
$359,359Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,122 /month
Positive
Cash Flow Estimate:
$1,374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,340/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,641
$687,025
2025
$178,500
$508,525
$687,025
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,641
$687,025

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$403,000
No
First
Aug 2, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,321
$377,679
53%
48%
$2,417/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,767/mo
+$1,093/mo
6.7%

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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