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$635,000

274 Love Bird Ln, Murphy, TX, 75094

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths3,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.14 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size16,199 sqft

Building Information

Year Built2002
Stories2
Garage Spaces2

Land Information

APNR-4808-00E-0120-1
Lot Number12
SubdivisionMurphy Farms Phase Two (Cmr)
Land UseResidential
Legal DescriptionMURPHY FARMS PHASE TWO (CMR), BLK E, LOT 12
Census Tract031335
Assessed Land Value$172,500
Assessed Improvement Value$443,049
Assessment Year2026

About this property

Single-story living, an incredible oversized lot, and a floor plan designed for both togetherness and privacy make 274 Love Bird Lane a rare find in Murphy. This 4-bedroom, 3-full-bath home features an open, inviting layout where the main living spaces naturally bring everyone together, while thoughtfully separated bedroom wings give family and guests their own private spaces. The spacious primary suite and private guest suite each feature their own full bath, while two additional bedrooms are tucked into another wing and share a beautifully remodeled Jack-and-Jill bath. It's a layout that works exceptionally well for everyday living, overnight guests, and growing families. One of the home's most unique features is the oversized bonus room added by the sellers. Complete with two loft spaces, this one-of-a-kind addition creates an incredible second living area with endless possibilities as a game room, teen hangout, playroom, media space, or whatever fits your lifestyle. Storage is another standout, with generously sized closets, two attic spaces, an oversized 2-car garage, and a 10x12 backyard storage shed. Outside, the .372-acre lot gives you the space that's increasingly hard to find. The large, flat backyard offers plenty of room for soccer games, gardening, evenings around the fire, or a future pool. A large, covered patio extends the living space outdoors, while the electric driveway gate adds privacy and creates additional space for outdoor play. Even the shaded front yard offers a welcoming spot to relax and enjoy the neighborhood. The home has had numerous improvements over the years, including a 2026 roof, updated windows, tankless water heater, remodeled Jack-and-Jill bath, and a covered patio. With its single-story design, three separate bedroom areas, one-of-a-kind bonus room, abundant storage, extensive improvements, and exceptional backyard, 274 Love Bird Lane offers a combination of space, function, and flexibility you simply don't find every day.

Investor Tools

$206,812Estimated Mortgage Balance
$408,737Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
$324/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,783
$615,549
2026
$172,500
$443,049
$615,549
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,783
$615,549

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texans Cu
Credit Line (Revolving) / Heloc
$230,000
No
First
Jun 11, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,812
$408,737
66%
34%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$1,703/mo
+$1,257/mo
5.8%

City: Murphy

274 Love Bird Ln | Property Details | No Agent List