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$650,000

717 Morningside Trl, Murphy, TX, 75094

$703,325 ARVInfo
On MarketInfo
Beds6 Beds
Baths3 Bath
Baths4,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2005
Stories2
Garage Spaces2

Land Information

APNR-4686-00I-0150-1
Lot Number15
SubdivisionMaxwell Creek North Phase 3 (Cmr)
Land UseResidential
Legal DescriptionMAXWELL CREEK NORTH PHASE 3 (CMR), BLK I, LOT 15
Census Tract031329
Assessed Land Value$168,000
Assessed Improvement Value$472,994
Assessment Year2025

About this property

Discover this expansive Maxwell Creek residence, offering 5 bedrooms and 3.5 bathrooms in a layout ideal for those seeking abundant space. Oversized tandem formal living and dining rooms greet you off the entry, while the kitchen boasts elegant granite countertops, a center island, and an adjoining breakfast area. The main living space serves as the home’s centerpiece, featuring soaring ceilings, a fireplace, and ample windows overlooking the backyard. The primary suite is generously sized with a luxurious bathroom and walk-in closet. A dedicated office with built-in bookshelves and an adjacent half bath provides a functional workspace. Upstairs, four spacious bedrooms are complemented by an open game room and large media room for entertainment and relaxation. Offered AS-IS, this property invites a touch of TLC to restore it to its full potential. Conveniently located within walking distance to the highly regarded Tibbals Elementary in Wylie ISD. All information has been provided to the best of seller's ability but is subject to verification by buyer.

Investor Tools

$130,894Estimated Mortgage Balance
$569,106Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$703,324
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Marissa Bishop

Bishop Country Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,618
$640,994
2025
$168,000
$472,994
$640,994
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,618
$640,994

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Airlines Fcu
Conventional
$145,000
No
First
Jun 14, 2021
Jul 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,894
$569,106
81%
19%
$870/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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