318 W FM 544 Murphy, TX 75094
SINGLE_FAMILY - Murphy, TX
Property Features for 318 W FM 544
General Information
- Property type
- Residential
- Property subtype
- Office
- Standard status
- Active
- APN
- R-10993-00C-0020-1
- Lot size
- 0.05 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2016
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet
- Building materials
- Brick, Concrete
- Roof type
- Composition
Listing agent Shahid Mehmood License #0511867 (214) 491-8068
Listing office GO Real Estate Frisco, TX (214) 491-8068
Listing date Jul 14, 2026
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Investment Insights
Based on property information with market context.
The office condos are located on the FM 544 corridor in Murphy, TX, in Collin County. Public remarks indicate a strong parking ratio of 10 spaces per 1,000 square feet.
Units 2 and 3 can be occupied together or separately, supporting use as a whole suite or as individual office condo spaces.
Key Highlights
- 2,000 SF office condo with an efficient single‑story layout built in 2016
- Two adjoining units: Bldg. C, Units 2 and 3, each about 1,000 SF (two separately platted units)
- Multiple private offices, 2 conference rooms, reception areas, break room, storage, and 2 restrooms
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.9k | $21.96 |
| − Vacancy | −$10.1k | −$5.05 |
| EGI | $33.8k | $16.91 |
| − OpEx | −$8.5k | −$4.23 |
| NOI | $25.4k | $12.68 |