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    Tbd Heritage Pkwy Murphy, TX 75094

    For Sale
    $1,450,000

    Unimproved Land - Murphy, TX

    Type:Unimproved Land
    Lot size:
    4.20 Acres
    Days on Market:
    78
    Last Refresh:
    Dec 10 at 3:06 am

    Property Features for Tbd Heritage Pkwy

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    R685900007601
    Exterior features
    Fence
    Fencing
    Fenced
    Lot size
    4.20 Acres

    Building Details

    Architectural style
    Other

    RJ Williams & Company (214) 876-5254

    Listing agent Paula Johnston (682) 214-7592 License #0675109

    Listing date Sep 24, 2025

    MLS# 21000218 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

    Unimproved Land in Existing Neighborhood

    Located within an existing neighborhood in Murphy, Texas, this 4.197-acre property presents an opportunity for development. The land is currently Extra Territorial Jurisdiction (ETJ), offering potential flexibility in development, though buyers should confirm any restrictions. The property allows for the possibility of installing a well and septic system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Murphy
    County
    Collin
    State
    Texas
    Longitude
    -96.62470339
    Latitude
    33.01800447

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    FAQs

    What type of property is this?
    Land - 4.197 acres of unimproved land in Murphy, Texas.
    Where is this land located?
    The property is located at Tbd Heritage Pkwy Murphy, TX.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: - No known restrictions (buyer to confirm) due to ETJ status.; - Potential for building a home or multiple homes.; - Freedom to build a well and septic system to specifications.
    (682) 214-7592
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    Tbd Heritage Pkwy 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
    Tbd Heritage Pkwy Murphy, TX 75094
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