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    402 S Maxwell Creek Rd Murphy, TX 75094

    For Sale
    $2,680,000

    Unimproved Land - Murphy, TX

    Type:Unimproved Land
    Lot size:
    11.35 Acres
    Days on Market:
    110
    Last Refresh:
    Dec 10 at 5:06 am

    Property Features for 402 S Maxwell Creek Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R657900005901
    Lot size
    11.35 Acres

    Building Details

    Architectural style
    Other

    Colleen Frost Realtors (214) 284-1080

    Listing agent Colleen Frost (469) 280-0008 License #0612659

    Listing date Aug 23, 2025

    MLS# 21036471 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

    Prime 11-Acre Land Parcel

    This property features 11 acres of land situated in a central location. The acreage includes mature trees, creating a private, park-like environment. Zoned for horses, it is suitable for equestrian activities. The location provides convenient access to retail options such as Target, grocery stores like HEB, and a variety of dining establishments. This property is positioned for a private retreat, a hobby farm, or a multi-family or commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murphy
    County
    Collin
    State
    Texas
    Longitude
    -96.5966
    Latitude
    33.00381

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    FAQs

    What type of property is this?
    Land - 11 acres in Murphy, TX, ideal for equestrian or development.
    Where is this land located?
    The property is located at 402 S Maxwell Creek Rd Murphy, TX.
    What is the asking price?
    The asking price for this property is $2,680,000.
    What are key features of this property?
    This property features: - 11 acres of land within city limits.; - Zoned for horses.; - Private, park-like setting with mature trees.
    (469) 280-0008
    Request Owner's contact information
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    Murphy, TX 75094
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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
    402 S Maxwell Creek Rd Murphy, TX 75094
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