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$759,000

NAL Estimated Property Value

731 Nighthawk Dr, Murphy, TX, 75094

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,116 Sq Ft
price_per_sqft$184.4 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Dryer, Microwave, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built2006
Stories2
Garage Spaces3

Land Information

APNR-9117-00I-0050-1
Lot Number5
SubdivisionAviary Phase 4 (Cmr)
Land UseResidential
Legal DescriptionAVIARY PHASE 4 (CMR), BLK I, LOT 5
Census Tract031327
Assessed Land Value$180,000
Assessed Improvement Value$549,013
Assessment Year2025

About this property

Located in Murphy within The Aviary community, this beautiful home combines space, warmth, and functionality in one of Murphy’s established neighborhoods. Situated on a quarter acre lot with generous space between neighboring homes, this property offers 4 bedrooms , 4 full bathrooms, game room, media room, & a 3-car garage with a layout designed for both everyday living and entertaining. The dedicated office with nearby full bath also provides flexibility for a 5th bedroom, or private workspace. A large front porch welcomes you into the home where you’ll immediately notice the soaring ceilings, open railings, and hand-scraped wood flooring. The spacious living room centered around a fireplace flows seamlessly into the kitchen and entertaining spaces, while the upstairs game room overlooking the living area below enhances the home’s open and airy feel. The kitchen features large granite countertops, freshly stained wood cabinetry, double ovens, abundant storage, and all new appliances with an open-concept design ideal for hosting, holidays, and everyday living. All secondary bedrooms feature attached bathroom access, including one private ensuite bedroom and two bedrooms connected by a Jack-and-Jill bathroom setup, offering both comfort and functionality for family or guests. Recent updates include freshly painted interior walls, baseboards, and cabinetry, newer AC unit, newer water heater, and a new fence already completed for the next owner. Outside, enjoy the mature peach trees, spacious backyard, and established landscaping. Residents of The Aviary enjoy community amenities including pool, park, playgrounds, walking trails, sidewalks, and mature trees throughout the neighborhood. Located in highly regarded Plano Independent School District with convenient access to shopping, dining, and major commuter routes. Homes offering this combination of space, layout, updates, and established neighborhood charm rarely come available.

Investor Tools

Property Icon
$759,000
Estimated Property Value
$0Estimated Mortgage Balance
$759,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,554 /month
Positive
Cash Flow Estimate:
$1,518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,067/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,012
$729,013
2025
$180,000
$549,013
$729,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,012
$729,013

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$759,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,860/mo
$460/mo
+$3,400/mo
6.1%

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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