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$510,000

529 Lochwood Drive, Murphy, TX, 75094

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,323 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.54 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringVinyl

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-4302-00P-0060-1
Lot Number6
SubdivisionGlen Ridge Estates - Phase Iv (Cmr)
Land UseResidential
Legal DescriptionGLEN RIDGE ESTATES - PHASE IV (CMR), BLK P, LOT 6
Census Tract031328
Assessed Land Value$130,000
Assessed Improvement Value$334,671
Assessment Year2025

About this property

Updated single-story home in the heart of Murphy featuring a versatile 4-bedroom, 3-bath split-bedroom floor plan and an ideal location. Full interior and exterior paint done plus all flooring done in 2023, an updated primary shower and fixtures, stainless gas cooktop, and spacious open-concept living areas make this home truly move-in ready. The thoughtfully designed layout includes a Jack-and-Jill bath, large walk-in closets, and a walk-in pantry for exceptional storage and functionality. Enjoy an unbeatable lifestyle with Mustang Park just across the street, the neighborhood community pool nearby, and Murphy Central Park just minutes away, offering a splash pad, amphitheater, scenic trails, playgrounds, and year-round community events. Conveniently located in Plano ISD with easy access to shopping, dining, and major commuter routes, this home combines comfort, convenience, and outstanding community amenities. OWNERS ARE LICENSED TX REALTORS.

Investor Tools

Property Icon
$510,000
Estimated Property Value
$0Estimated Mortgage Balance
$335,702Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

Interested in this property?

Julie Acuna

Keller Williams Central

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$826/month
$198/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,357
$464,671
2025
$130,000
$334,671
$464,671
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,357
$464,671

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$195,000
No
First
Dec 8, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,298
$335,702
65%
34%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$1,368/mo
+$2,492/mo
9.1%

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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529 Lochwood Drive | Property Details | No Agent List