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$561,000

NAL Estimated Property Value

624 Fall Wheat Drive, Murphy, TX, 75094

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,717 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.18 / 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, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APNR-9385-00H-0070-1
Lot Number7
SubdivisionMaxwell Creek North Phase 8b (Cmr)
Land UseResidential
Legal DescriptionMAXWELL CREEK NORTH PHASE 8B (CMR), BLK H, LOT 7
Census Tract031329
Assessed Land Value$160,000
Assessed Improvement Value$386,513
Assessment Year2025

About this property

Stunning One-Story K-Hov Home in sought after Maxwell Creek boasts a rare floorplan & excellent upgrades all nestled on a large lot! Upgrades-feature are..rich hdwoods*3-way split on bedrooms*granite kitchen with freshly painted white cabs, gas cooktop & Bosch DW open to large family room*huge master retreat & bath with marble vanity*upgraded elevation with Austin Stone & covered porch*expansive 2nd living with FP*Rinnai tankless system*large yard with covered patio & 8-ft BOB fence*extended driveway & oversized garage*private study-French doors*neutral tones & crown moldings*all large bedrooms & more! The neighborhood pool area has two giant water slides and kiddie pool for Summer fun. #realtytown3

Investor Tools

Property Icon
$561,000
Estimated Property Value
$260,819Estimated Mortgage Balance
$300,181Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,366 /month
Positive
Cash Flow Estimate:
$1,122 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
$570/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,464
$546,513
2025
$160,000
$386,513
$546,513
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,464
$546,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$296,000
No
First
Apr 8, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,819
$300,181
53%
46%
$1,775/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$2,345/mo
+$1,515/mo
8.3%

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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624 Fall Wheat Drive | Property Details | No Agent List