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$450,000

722 Lowveld Dr, Murphy, TX, 75094

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,301 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$195.57 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Ice Maker, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built2018
Stories2
Garage Spaces2

Land Information

APNR-11044-00C-0010-1
Lot Number1
SubdivisionMurphy Meadows (Cmr)
Land UseResidential
Legal DescriptionMURPHY MEADOWS (CMR), BLK C, LOT 1
Census Tract031329
Assessed Land Value$114,713
Assessed Improvement Value$334,307
Assessment Year2025

About this property

You will love this garden style townhome on a corner lot and quiet cul-de-sac!! This Former Windsor Model 3 bedroom 2.5 bath boasts a low maintenance lifestyle with the best of both worlds-a private backyard plus water & yard maintenance by the HOA. The spacious living room has soaring ceilings and is filled with light from the many windows. Beautiful wood floors accent the open floor plan. The kitchen is a chef's dream outfitted with a gas cooktop, oven, microwave, stainless steel appliances, granite countertops, and a breakfast bar. The tranquil primary bedroom boasts a statement tray ceiling, 2 enormous closets, and a beautiful spa-like bathroom with a garden tub, a separate shower, and dual sinks. This functional floorplan features a study and half bath downstairs and second living area up. HOA covers insurance on the foundation and roof.

Investor Tools

Property Icon
$449,020
Estimated Property Value
$450,000Estimated Mortgage Balance
$16,599Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$845/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,896
$449,020
2025
$114,713
$334,307
$449,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,896
$449,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$450,000
Yes
First
Mar 27, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,421
$16,599
3%
96%
$2,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,988/mo
$-28/mo
7.9%

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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