Murphy Real Estate

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Murphy Real Estate & Homes for Sale in Texas

Located within the southeastern portion of Collin County, TX, the community of Murphy is a small, fast-growing town that offers residents small-town living with easy access to big city amenities of the Dallas/Fort Worth Metroplex. Murphy is situated between Plano and Wylie and fosters a comforting country-living atmosphere. Residents looking to travel in and out of the area are about 30 miles from the Dallas/Forth Worth Airport. Furthermore, residents can utilize the President George Bush Tollway to travel in and around Collin County. The tollway itself serves as a major artery for bringing in business to Murphy. Students of Murphy attend the schools of the Plano Independent School District and the Wylie Independent School District.

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Price Range of Murphy Houses


Real estate in Murphy is affordable and perfect for couples, young families, retirees, and established professionals. Prices for Murphy homes for sale begin in the low $100,000s for a charming 3-bedroom Murphy starter home and can run as high as $3.5 million for a Murphy estate complete with 7 bedrooms. Buyers looking to invest in something a bit smaller can look for listings of Murphy condos and townhomes, which are priced in the low $105,000s. Some lots are available in Murphy for those who are looking to custom build their dream home or investment property. Minimum lot sizes are 9,000 square feet, with the average lot size trend toward 12,000 square feet.

View Current Rates
-- Jan 27th, 2012 --
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 30 yr. fixed rate: 3.89%
 15 yr. fixed rate: 3.22%
 30 yr. jumbo rate: 4.43%
 15 yr. jumbo rate: 3.69%
Average Prices of 3 Bed Homes
-- Jan 27th, 2012 --
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 2 Years Ago  $219,000
 1 Year Ago  $216,000
 6 Months Ago   $219,000
 1 Month Ago  $203,000
 Today  $184,000

Murphy TX Real Estate for the week of January 23rd, 2012: homes priced around $183,682 compared to $181,325 the previous week, showing a increase of more than +1%.  For Thursday, January 26th, the current national mortgage rate for a 30 year fixed mortgage is 3.92%; the 15 year fixed rate is at 3.24%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.46%, while the 15 year jumbo rate currently is at 3.72%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Murphy TX. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures in Murphy, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes in Murphy, Murphy neighborhood information, crime stats, home values, and schools in Murphy to help you find the best home!


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