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B+
NoAgentList RatingHow are grades calculated? Info
Days33Days on Market
Views1view
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$595,000

$619,000

601 Mustang Ridge Dr, Murphy, TX, 75094

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.61 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Storage, Garden

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-4056-00Q-0030-1
Lot Number3
SubdivisionGlen Ridge Estates - Phase Iii (Cmr)
Land UseResidential
Legal DescriptionGLEN RIDGE ESTATES - PHASE III (CMR), BLK Q, LOT 3
Census Tract031328
Assessed Land Value$136,500
Assessed Improvement Value$455,072
Assessment Year2025

About this property

Beautifully updated and maintained home on a large corner lot directly across from 4.5-acre Mustang Park! This spacious floorplan offers 2 bedrooms and 2 full baths downstairs, 2 bedrooms with jack and jill bath upstairs, a remodeled kitchen with extensive pull-out storage and Bosch appliances including gas cooktop, plus an upstairs game or media room complete with projector and screen. Enjoy outdoor living year-round on the huge covered patio with stamped concrete, sunshades, and ceiling fans. Additional highlights include a 3-car garage, oversized laundry room with cabinets and abundant counter space plus backyard access; plantation shutters throughout, engineered hardwood floors, new upstairs carpet, and abundant storage inside and out. Conveniently located within minutes of every day shopping, dining and the new H-E-B opening soon! Roof replaced in 2016; Exterior paint and siding updates in 2025; Gutters with leaf guards; Water heater replaced 2018; Downstairs HVAC 2015; Upstairs HVAC 2017; HVAC serviced twice yearly; Transferable Romney pest and termite prevention system.

Investor Tools

Property Icon
$622,000
Estimated Property Value
$580,000Estimated Mortgage Balance
$47,908Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,732 /month
Positive
Cash Flow Estimate:
$1,244 /month

Interested in this property?

Julie Acuna

Keller Williams Central

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$886/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,518
$591,572
2025
$136,500
$455,072
$591,572
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,518
$591,572

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Unknown
$580,000
No
First
Dec 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,092
$47,908
7%
92%
$3,478/mo

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: Murphy

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601 Mustang Ridge Dr | Property Details | No Agent List