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    112 Murphy Dr Southlake, TX 76092

    For Sale
    $535,500

    Unimproved Land - Southlake, TX

    Type:Unimproved Land
    Lot size:
    0.29 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 13 at 12:06 am

    Property Features for 112 Murphy Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    42731699
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Expense value
    5500
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    HW Builders, LLC (972) 931-1006

    Listing agent Kelly Ongena (972) 931-1006 License #0634387

    Listing date Oct 29, 2025

    MLS# 21079583 Listing URL

    Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southlake Land in Exclusive Neighborhood

    This 12,412 square foot homesite is located in The Metairie neighborhood of Southlake, Texas. The property is suitable for immediate construction of a luxury custom home. Hawkins-Welwood Homes, a luxury home builder, offers in-house design services to guide the construction process. The Metairie is known for its private, luxury environment and convenient location. Residents have access to Carroll ISD schools, shopping, dining, and walking trails. Southlake Town Square is located nearby. The neighborhood emphasizes landscaping, architectural consistency, and refined living. The property offers an opportunity to build a home in a neighborhood known for elegance and modern luxury. The lot size is 0.285 acres.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.152541
    Latitude
    32.970034

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    FAQs

    What type of property is this?
    Land - Homesite ready for construction in a prime Southlake location.
    Where is this land located?
    The property is located at 112 Murphy Dr Southlake, TX.
    What is the asking price?
    The asking price for this property is $535,500.
    What are key features of this property?
    This property features: - Last available lot in the exclusive and highly desirable Metairie neighborhood in Southlake.; - Opportunity to build a custom luxury home with Hawkins-Welwood Homes, a premier luxury home builder.; - Spacious 12,412 square foot lot ready for immediate construction.
    (972) 931-1006
    Request Owner's contact information
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    Southlake, TX 76092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Murphy Dr Southlake, TX 76092
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