7 months on rocket

518 Cherokee Dr, Murphy, TX, 75094

$320,000

1.01 Acres
Land

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20600244
Lot Size1.01 Acres
StatusActive

About 518 Cherokee Dr

Embrace the serenity of this 1-acre lot surrounded by beautiful custom-built homes on small acreage. Lined with trees at the back, the seller is also offering to plant 2 additional live oak trees to help create this peaceful retreat. With a short private road access off Maxwell and ending at this property fence line, this lot presents a private and ideal opportunity to create your own sanctuary in a picturesque setting. All this beauty in Murphy, and Plano ISD!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Central
  • Office Phone: (469) 467-7755
  • Listing Agent: Tracy Frassetto

Virtual/3D Tour

  • Virtual Tour: 518 Cherokee Dr
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Lot Features

Lot Information:

  • Lot: Cleared, Interior Lot, Level, Few Trees
  • Lot Size: 1.01 Acres

Other

Directions Information:

  • Directions: Hwy 554 turn south onto Maxwell creek. Follow past the park to Cherokee dr on your right, just, before Dead End sign. The private road begins at Maxwell and ends at this property fence line. It does NOT go throguh to Kinney street. fYI Property approx lines are marked on sides with flags.

Price Information

Listing Price Info

Price Summary:

  • List Price: $320,000
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Housing Market Comparison

See how this home compares to others in Murphy, TX.

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Murphy, TX

City

Med. List Price

$607.5K

Med. Price/SqFt

$198

Avg. Days On Market

105

# of Sold Homes

8

518 Cherokee Dr vs Murphy

237 DAYS ON ROCKET

+132 Days

$320,000

-$287.5K Less

KEY TAKEAWAY

This property is $287.5K less than the Median List Price in Murphy, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20600244

Listing Office:

  • Office Name: Keller Williams Central
  • Office Phone: (469) 467-7755
  • Listing Agent: Tracy Frassetto

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 5:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,665

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,026

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1036179
10
/10

  • Whitt Elementary School

  • 7520 Woodcreek Way

  • 1.00 miles

  • Public District Grades KG-4

school-card-donut-1036180
7
/10

  • Miller Elementary School

  • 5651 Coventry Dr

  • 1.08 miles

  • Public District Grades KG-5

school-card-donut-1036181
7
/10

  • Draper Intermediate School

  • 103 Hensley Ln

  • 1.34 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,201. Typical income of Murphy, TX residents is between $35k-100k annually. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Cherokee Dr

What is the listing price of this property?

The listing price of 518 Cherokee Dr property is $320,000.

What type of property is this?

The property 518 Cherokee Dr is land located in Murphy, Texas, 75094.

Is this property for sale now?

Active Listing: 518 Cherokee Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 518 Cherokee Dr is 1.01 acres.
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Rocket Homes›Texas›Collin County›Murphy›75094›518 Cherokee Dr

This home is located at 518 Cherokee Dr in Murphy, TX and zip code 75094. This home sits on a 1.01 acre lot. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $320,000.

The number of listings in Murphy, TX decreased by 9% between October 2024 and November 2024. In November 2024, listings were on the market for 105 days. During the same period, the median list price in this real estate market was $607,500.

From Rocket Homes Real Estate and based on county public records data.

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