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$400,000

5702 Murray Farm Dr, Fairview, TX, 75069

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,457 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.54 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size3,529 sqft

Building Information

Year Built2011
Stories1
Garage Spaces1

Land Information

APNR-9295-00D-019R-1
Lot Number19R
SubdivisionVillas In The Park Phase I (Cfv)
Land UseResidential
Legal DescriptionVILLAS IN THE PARK PHASE I (CFV), BLK D, LOT 19R; REPLAT REPLAT
Census Tract031412
Assessed Land Value$104,500
Assessed Improvement Value$285,310
Assessment Year2025

About this property

If you’re ready to simplify without giving up location, style, or an active lifestyle, welcome to Villas in the Park. This single-story corner unit townhome is designed for easy living, with hardwood floors throughout-no carpet-and direct access from the living room to the private patio. Well maintained and thoughtfully laid out, it gives you the space you need without the upkeep that comes with a larger home. The open living and dining areas make everyday life comfortable and entertaining easy. Just off the dining room, a dedicated office with built-in cabinetry provides a quiet place to work or manage household business. Step outside from the living room onto your private patio and enjoy fresh air without the responsibility of maintaining a large yard. The HOA takes care of the lawn, exterior maintenance, and roof replacement, making this a true lock-and-leave home. It’s an ideal setup for someone who wants to spend less time on home maintenance and more time traveling, enjoying family, meeting friends for dinner, or simply making the most of each day. There’s plenty to enjoy close to home, too. Villas in the Park is a beautifully maintained community with a pool, clubhouse, fitness center, basketball court, playground, walking and biking trails, parks, scenic lakes, and plenty of green space. You’re just minutes from US-75 and Stacy Road, with easy access to Whole Foods, Fairview Town Center, Allen Premium Outlets, restaurants, entertainment, and medical facilities. McKinney’s Historic Downtown Square is nearby for restaurants, boutique shopping, live entertainment, and community events, while the new Sunset Amphitheater will bring major concerts and entertainment to McKinney just minutes away. For someone looking for a beautiful neighborhood, an easy-to-maintain home, and a location that keeps you close to everything, this is a place that makes everyday living feel refreshingly simple.

Investor Tools

$0Estimated Mortgage Balance
$406,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,436 /month
Positive
Cash Flow Estimate:
$812 /month

Interested in this property?

Shana Acquisto

Acquisto Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
$380/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,142
$389,810
2025
$104,500
$285,310
$389,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,142
$389,810

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$380/mo
+$1,185/mo
4.6%

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.

Explore Texas Explore This Area
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: Fairview

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5702 Murray Farm Dr | Property Details | No Agent List