Murphy Homes under $500,000

Welcome to Murphy, Texas – a hidden gem nestled in Collin County that combines small-town charm with big-city convenience! Just a short drive from the bustling metropolis of Dallas, Murphy offers residents a serene suburban lifestyle while still providing easy access to urban amenities. With its lush parks, top-rated schools, and vibrant community spirit, Murphy is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Murphy is its diverse real estate market, particularly for those seeking homes under $500,000. Here, you can find a variety of options, from cozy single-family homes to modern townhouses, all designed to cater to different lifestyles and preferences. Many properties boast spacious layouts, contemporary finishes, and delightful outdoor spaces, perfect for enjoying Texas's sunny weather.

Living in Murphy means you’ll have access to an array of recreational activities. The city is home to numerous parks, walking trails, and community events that foster a strong sense of belonging. Families will appreciate the excellent educational opportunities provided by the highly-rated schools in the area, ensuring a bright future for their children.

With a welcoming community and an abundance of amenities, Murphy, TX, is not just a place to live; it’s a place to thrive. Whether you’re a first-time homebuyer or looking to settle down in a peaceful environment, explore the homes available under $500,000 and discover how Murphy can be the perfect backdrop for your next chapter. Your dream home awaits in this charming Texas town!

Newest Murphy Homes under $500,000

$489,900

3 Beds ⋅ 3 Baths ⋅ 21400444 MLS

A One-of-a-Kind Lot. Opportunities like this don’t come along often. Set on a sprawling quarter-acre + corner lot in coveted Wylie ISD, this meticulously maintained home offers the space, flexibility, and pride of ownership buyers are looking for. Great curb appeal and a covered porch welcome you. Stepping inside, hand-scraped engineered wood floors create a warm, inviting feel. Downstairs offers plenty of space for gatherings of all types with a living room anchored by a fireplace. The beautifully updated kitchen features granite countertops, white cabinets, stainless steel appliances, a refrigerator, and gas cooking. Upstairs, you’ll find all the bedrooms plus a spacious game room that can be tailored to your lifestyle. Create a second living area, game room, home office, or convert the space into a fourth bedroom if needed. Checkout the real showstopper which may be outside. The expansive backyard offers exceptional room for a pool and entertainment deck, space for play and entertaining or simply a place to create your own private retreat. A large gate off the driveway provides convenient backyard access and opens the door to additional storage possibilities. Ample parking on the property completes the package of this property. The master planned community adds even more to love, with a pool and a nine-acre park, playgrounds, a pavilion, a sand volleyball court, and soccer fields. A small body of water named Maxwell Creek also flows through the neighborhood, featuring a separate linear city park with paved hike, bike trails.

1000 Desperado Dr, Murphy

$499,900

4 Beds ⋅ 4 Baths ⋅ 21401303 MLS

PRICED FOR AN IMMEDIATE SALE! Don't miss this incredible opportunity to own a spacious 4-bedroom home (with potential for a second primary suite) in the highly coveted, master-planned community of Maxwell Creek North! Nestled on a beautifully landscaped lot, this home features a spectacular, oversized perfect for a future pool or ample alternate use backyard complete with an established retaining wall and mature privacy, your own personal sanctuary. Step inside to find a flowing 3,008 sq ft layout flooded with natural light, boasting multiple open living areas perfect for entertaining and daily family life. The seller is generously offering a $7,500 DESIGN CREDIT to the buyer at closing with an acceptable offer, giving you the perfect opportunity to customize finishes or buy down your interest rate! Enjoy the BRAND NEW WASHER and DRYER, and the resort-style neighborhood amenities including a private community clubhouse, dual water slides, a splash pad, parks, and playgrounds. Zoned for the top-rated, award-winning Wylie ISD (including Tibbals Elementary and Draper Intermediate). This aggressively priced gem will not last long. schedule your tour today! OPEN HOUSES SAT Oct 3rd 1 to 3pm and Sun Oct 4th 1 to 3pm, Accepting all offers with preapproval until Monday Oct 5th 5pm

413 Royal Oak Dr, Murphy

$449,900

4 Beds ⋅ 2 Baths ⋅ 21387784 MLS

Lavishly updated, single story, NE facing Murphy home assigned to some of the best rated schools in PISD!!! Wall to wall updates and upgrades, including a like-new Generac whole home generator, new blinds and window treatments, a covered patio, and the community pool and clubhouse just steps away! You sit on nearly a quarter acre with mature trees for great shade and new landscaping. Throughout the 2,080 sq ft split floor plan vaulted ceilings create an elevated atmosphere, while huge windows offer to bathe all the living areas in natural light. A perfectly situated front office sits off the entryway, ready for remote work or could also be a useful flexspace for a home gym. The large kitchen, featuring upgraded and refreshed 42in upper cabinets, updated imported Italian tile backsplash, matching gas cooktop, wall oven, and integrated microwave, connects spaciously to the breakfast nook. The main living room is anchored by the updated fireplace, with with its beauty and presence really tying the room together. New McMillian Evolved engineered laminate flooring, accompanied by a designer curated Benjamin Moore pallet, blends for a timeless affluence... yet also feels warm and inviting. New luxury 6.5in baseboards throughout complete the jump to a quality level of a much more expensive home. New fixtures and new fans are everywhere. The optimal floorplan and configuration sets the primary suite apart from the two secondary bedrooms for added privacy. A newer roof, modernized plumbing and electrical systems, and a 2024 HVAC adds peace of mind, and the garage fits two cars with additional parking at the top of the driveway. Landscaping and grounds are maintained effortlessly with the full irrigation system. Enjoy quick <5min trips to shopping and dining along FM 544, as well as a short and easy drive to US-75 via Plano Pkwy. Make sure you see this one!!! Great curb appeal, neighbors, and neighborhood.

408 Michael Dr, Murphy

$449,000

3 Beds ⋅ 2 Baths ⋅ 21374078 MLS

Welcome to this charming single-story home in the desirable Stratford Crossing neighborhood! Situated on a large, beautifully grassed lot with a fully fenced backyard, this home offers comfortable living with plenty of space both inside and out. The inviting entry foyer features tile flooring and opens to a spacious living room with vaulted ceilings, abundant natural light, and a cozy fireplace. The formal dining room provides an ideal space for entertaining, while the well-appointed kitchen offers a breakfast bar, eat-in area, and adjoining breakfast nook. The spacious primary suite features an ensuite bath with dual vanities, walk-in shower, tile flooring, and a large walk-in closet. Two additional bedrooms share a full bathroom, providing plenty of space for family, guests, or flexible living arrangements. A separate office with French doors offers a quiet work-from-home space. The main-level laundry room adds everyday convenience. Enjoy vaulted ceilings, ceiling fans throughout, and an abundance of natural light throughout the home. Step outside to the large backyard patio and fully fenced yard—perfect for relaxing, entertaining, or enjoying the generous grassy lot. A two-car attached garage completes this wonderful home.Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home.

204 Sherwood Dr, Murphy

$489,900

4 Beds ⋅ 3 Baths ⋅ 21376933 MLS

Fantastic updated one-story home in an excellent Murphy location - walk out the back gate directly to Boggess Elementary. Charming curb appeal with mature trees, lush zoysia grass, and decorative stonework. Inside, the welcoming open floorplan features high ceilings, hardwood flooring, a formal dining room, and a private study. The spacious family room offers a cozy brick fireplace and a wall of windows that fill the space with natural light. The kitchen is beautifully appointed with granite counters, a center island, gas cooktop, updated stainless steel appliances, and a sunny breakfast area. The owner’s suite includes bay windows, dual vanities, a jetted tub, separate shower, and a walk-in closet. Three secondary bedrooms provide excellent flexibility - two share an updated Jack-and-Jill bath, and the third enjoys its own private updated bathroom. Step outside to an extended back patio with a covered area overlooking the large backyard - plenty of room to play, relax, or entertain. Walk to Mustang Park with playground and sports courts, and enjoy the community pool. Conveniently close to shopping and restaurants.

501 Ambrose Dr, Murphy

$489,000

4 Beds ⋅ 2 Baths ⋅ 21369383 MLS

Seller offering up to 2% in seller credits to use towards rate buy down or closing costs with preferred lender. Wow condition with sparkling pool and spa! Fantastic location near parks, shopping, restaurants, City Line State Farm complex, and 544. Cheerful kitchen with granite counters, stainless appliances, gas range, microwave, island, and pantry. Primary suite features a large bay-window sitting area and a bath with separate tub and shower. Open, light floorplan with spacious rooms—note the generous bedroom sizes, great closet space, and ceiling fans throughout. ** Fireplace border in the family room is currently being assessed.

316 Shady Timbers Ln, Murphy

$499,900

3 Beds ⋅ 2 Baths ⋅ 21358594 MLS

ACRE LOT & NO HOA!! Welcome to 114 Starlite, a stunning, fully updated ranch-style beauty nestled on a rare, country-sized 1-acre lot in Murphy, Texas. This 3 bedroom, 2 baths single story home spans over 2,000 square feet, this meticulously maintained single-family home perfectly balances serene country-style living with seamless access to top-tier city conveniences. Step inside to an expansive, sun-drenched layout featuring premium updates at every turn. The heart of the home boasts a chef-inspired kitchen complete with brand-new custom cabinetry, gorgeous quartz countertops, and modern flooring. Both full bathrooms have been comprehensively modernized with high-end fixtures and contemporary finishes. This home also features 2 car garage, 2 covered carports, a tornado shelter and lush trees to give you that peaceful and private feel that feels perfectly at home. Boasting a beautiful brick exterior, an expansive backyard perfect for entertaining, and in a highly coveted location within the award-winning Plano ISD school district, this property offers an unparalleled lifestyle opportunity with no HOA fees. Come take a look and call this gorgeous home, your next home!

114 Starlite Dr, Murphy

$425,000

4 Beds ⋅ 2 Baths ⋅ 21360082 MLS

Tucked into Murphy's established Ranch Phase One neighborhood, this fully remodeled 4 bedroom, 2 bath home delivers 2,163 square feet of updated living space on a sprawling quarter acre lot, one of the largest in the area. Fresh contemporary paint, all new white shaker cabinetry, and gleaming quartz countertops set the tone for a home that feels brand new without the new build price tag. The open concept kitchen anchors the home, complete with stainless steel appliances, a gas range, marble look backsplash, and brushed gold hardware that carries a designer touch through every room. It flows into a sun filled living area warmed by a dramatic floor to ceiling stone fireplace, perfect for cozy nights in or entertaining friends. A separate formal dining room adds even more space to gather. Retreat to the private primary suite, tucked into its own wing for maximum privacy, featuring a vaulted ceiling, an ensuite bath with a dual vanity, a separate shower, and a spacious walk in closet. Three additional bedrooms sit apart from the primary, offering flexibility for family, guests, or a home office. Outside, the oversized, fully fenced backyard is a blank canvas, plenty of room to entertain, garden, add a play set, or even build your dream pool. A 2 car garage completes the exterior, and residents enjoy access to a community pool and playground through a low $31 monthly HOA. You're minutes from Murphy Marketplace, the city's retail and dining hub anchored by Sprouts Farmers Market, with an H-E-B on the way in 2026. Spend weekends at Murphy Central Park or the Community & Activity Center, and enjoy quick access to Sam Rayburn Tollway (SH 121), the President George Bush Turnpike, and FM 544 for an easy commute anywhere in Collin County. Zoned to the accredited Wylie ISD (Tibbals Elementary, Cooper Junior High, Wylie High School). Move in ready, beautifully updated, and priced to sell. This is the one you've been waiting for. Schedule your showing today!

506 Pecos Path Dr, Murphy

$474,999

4 Beds ⋅ 3 Baths ⋅ 21344520 MLS

Welcome to 162 Shelby Trace, a beautifully situated home on a desirable corner lot in Murphy's Windy Hill Farms community. Backing to a greenbelt with a walking trail and creek, this home offers a peaceful setting with plenty of space to enjoy both indoors and out. The flexible floor plan features a spacious first-floor primary suite, two secondary bedrooms upstairs, an additional flex room that can serve as a fourth bedroom (no closet), and a bonus room—perfect for entertaining, movie nights, hobbies, or working from home. Recent improvements include new LVP flooring in the dining room, a 2023 HVAC system serving the upstairs, an updated frameless glass shower in the primary suite, and a new covered patio added in 2025. The backyard also features a storage shed with its own slab and an irrigation system for added convenience. Windy Hill Farms offers a community pool, clubhouse, playground, fishing pond, walking trails, and soccer fields. Conveniently located near the new H-E-B and zoned to Plano ISD, this home offers a wonderful combination of space, recent updates, outdoor living, and everyday convenience.

162 Shelby Trce, Murphy

$475,000

4 Beds ⋅ 2 Baths ⋅ 21351474 MLS

Tucked beside a peaceful creek with no neighbors on one side, this beautifully updated home delivers privacy, style, and an exceptional location. Impeccably maintained and thoughtfully upgraded, this stunning home offers 4 bedrooms, 2 bathrooms, 2 living areas, 2 dining spaces, and 2,455 square feet of bright, open-concept living. Enjoy being just a short walk to Maxwell Creek Trail, City Park, and Timbers Nature Preserve. Inside, the light-filled family room features a gas log fireplace with an updated surround and built-in bookshelves, while the flexible front living and dining spaces are perfect for a home office, playroom, or formal entertaining. Luxury vinyl plank flooring flows throughout the main living areas, leading to a beautifully refreshed kitchen complete with double ovens, granite countertops, professionally painted cabinetry, a breakfast bar, and a large island topped with brand-new quartz. The oversized primary suite is a relaxing retreat with a spacious sitting area, chandelier, large walk-in closet, and a luxurious ensuite featuring a frameless glass shower. Both bathrooms have been beautifully renovated with quartz countertops, polished porcelain surrounds, matte black fixtures, updated plumbing and electrical, and designer finishes throughout. Additional upgrades include exterior and interior paint, plush bedroom carpet, a refreshed kitchen backsplash, a Smart MyQ garage door opener, smart sprinkler controller, and a polyurea garage floor with a transferable 15-year warranty. Conveniently located near top-rated dining, shopping, the new H-E-B, George Bush Turnpike, Firewheel Town Center and Downtown Plano. This exceptional home offers the perfect blend of comfort, style, and convenience. Don't miss your opportunity to make it yours!

316 Mimosa Dr, Murphy

$499,000

4 Beds ⋅ 3 Baths ⋅ 21312410 MLS

Fabulous North-facing updated home tucked on a super private, no-thru-traffic street. Mature trees and beautifully maintained landscaping create a warm welcome out front. The great one & a half story layout includes a large upstairs game room with a walk-in closet - perfect as a play space, media room, or optional 5th bedroom. Inside, the open and bright interior features oversized tile flooring through most rooms, fresh carpet, split formal living and dining rooms, and a spacious family room anchored by a cozy stone fireplace. The redone kitchen shines with granite countertops, a center island, Samsung Bespoke appliances added in 2024, freshly painted cabinets with new hardware, and a farmhouse sink. The secluded owners retreat offers a bay-window sitting area, designer wallpaper, and barn doors leading to a gorgeous remodeled spa-style bath with a clawfoot tub, frameless glass shower, upgraded cabinetry, and a walk-in closet. Three secondary bedrooms include a Jack & Jill bath for two and a private full bath for the third. Major mechanical updates include two new AC units (condensers, coils, and compressors), and a sprinkler system upgraded with new WiFi controls in 2024. The wonderful backyard is made for year-round enjoyment with a huge covered patio featuring fans and lighting, a hot tub, brick firepit area, and a large grass play area. Located in highly rated Plano ISD with access to the community pool and neighborhood park.

420 Brookwood Dr, Murphy

$429,900

4 Beds ⋅ 2 Baths ⋅ 21309653 MLS

Beautifully maintained home on a premium lot adjoining city-owned land designated as a future park and next to the scenic Timbers Nature Preserve. Enjoy privacy, nature views, and a backyard garden paradise filled with mature flowering trees and plants lovingly cultivated over the years. Recent upgrades include new roof (2025), new HVAC (2021), new refrigerator (2024), new microwave and updated light fixtures and ceiling fans throughout. Refrigerator, washer, and dryer are all included with the sale. The open-concept kitchen overlooks the spacious living area and stunning backyard, while elegant formals welcome you at the entry. The luxurious primary suite features a sitting area and flexible access to a secondary bedroom—perfect for a nursery, office, or private retreat. Fresh exterior paint, a partially covered patio, and exceptional pride of ownership make this a truly rare opportunity in Murphy!

428 Hickory Dr, Murphy

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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