Large established~$585K–$650K
Murphy, TX 75094 · Collin County · Plano ISD & Wylie ISD
Murphy, TX Homes for Sale & Real Estate
Murphy is a small, built-out suburb of about 21,000 people between Plano and Wylie, with Plano ISD and Wylie ISD schools and mostly owner-occupied homes. Prices rose 12.2% year over year in August 2026, but half of listings cut their price, so buyers can still negotiate.
$631,750Median sale priceUp 12.2% YoY, Aug 2026
20,985ResidentsCensus estimate, 2025
46 daysDays on marketAbout 97.3% of list price
1.63%Tax rateCity + Plano ISD, 2026
Sources: Redfin (Aug 2026), U.S. Census, City of Murphy, Plano ISD, Collin County. Market data changes monthly.
Live MLS listings · updated daily
Murphy homes for sale right now
Every active Murphy listing from the MLS. Narrow by price, jump to new construction or a neighborhood, or open the full search for beds, baths, pools, and more.
All Murphy homes
New construction
Under $450K
$450K–$800K
$800K–$1.25M
Luxury $1.25M+
Maxwell Creek
Maxwell Creek North
Rolling Ridge Estates
Hunters Landing
Listing data from NTREIS via IDX Broker. Ask PJ about coming-soon and off-market homes in Murphy. Mailing addresses do not always match city limits, so PJ confirms city, school district, and tax rate on any home.
Free Murphy buyer consultation
Real clients, real closings800+ Collin County buyers helped.
Find the right Murphy home and the right loan
Get a Murphy search set up by subdivision and school district, a side-by-side tax estimate for Plano ISD and Wylie ISD addresses, and a pre-approval shopped across 280+ wholesale lenders. All of it comes from one point of contact.
- Zoning check: every home confirmed for Plano ISD or Wylie ISD before you tour.
- Subdivision comps: sold prices from the same subdivision, not citywide averages.
- Payment estimate: taxes, insurance, and HOA built into a real monthly number.
- Lender shopping: conventional, FHA, VA, and jumbo options compared across 280+ lenders.
- Offer strategy: price cuts and days on market used to set your opening offer.
Murphy, Texas real estate
Why buyers choose Murphy, TX
Murphy covers 5.69 square miles in southeast Collin County, bordered by Plano, Wylie, Sachse, and Parker. About 21,000 people live here, and the population has held steady since 2020. Downtown Dallas is roughly 25 miles southwest by the President George Bush Turnpike or US-75.
Murphy is mostly residential. Retail and services sit along FM 544 and Murphy Road, and most jobs are a short drive away in Plano, Richardson, and Dallas. Community life centers on Central Park, which hosts the free Maize Days Cornival each October. With little vacant land left, nearly every purchase here is a resale.
The median household income is $175,699, and 62.1% of adults hold a bachelor's degree. About 94% of homes are owner-occupied. For buyers, that means stable streets, few rentals, and steady demand. Plan for higher prices than in neighboring Wylie or Sachse.
20,985Residents, 2025 estimate (21,013 in 2020)
$175,699Median household income
93.7%Owner-occupied homes
62.1%Adults with a bachelor's degree or higher
5.69 sq miLand area
Location
Murphy sits between Plano to the west and Wylie to the east, with Sachse to the south and Parker to the north. FM 544 and the nearby Bush Turnpike connect it to Richardson, Plano, and Dallas.
Jobs
Murphy has few large employers of its own. Most residents work in Plano, Richardson, or Dallas. The Census reports a 32.2-minute average commute, so test your drive at rush hour.
What's next
A proposed dense development between Parker and Murphy is seeking Collin County MUD No. 7. A state judge receives that case on Nov. 30, 2026. Inside the city, current work is infrastructure, not new subdivisions.
Two school districts
Murphy is split between Plano ISD and Wylie ISD
Most of west and central Murphy is zoned to Plano ISD. Parts of the east side are zoned to Wylie ISD. The district changes both the school assignment and the tax rate, so check every address.
Plano ISDWylie ISDVerify by addressResale market
Murphy housing market · fall 2026
Is now a good time to buy a home in Murphy?
Prices are up, but buyers still have leverage. The August 2026 median sale price was $631,750, up 12.2% from a year earlier. Homes took a median of 46 days to sell, and they closed at about 97.3% of list price. Half of listings had a price cut. Well-priced homes still move, but stale listings leave room to negotiate.
$631,750Median sale price, Aug 2026 (up 12.2% YoY)
46Median days on market, Aug 2026 (up 9 YoY)
48Homes sold, Aug 2026 (up 14.3% YoY)
97.3%Sale-to-list price ratio, Aug 2026
8.3%Homes sold above list price, Aug 2026
50%Listings with a price drop, Aug 2026
$179Median sale price per sq ft (down 2.2% YoY)
4.3Months of supply, Oct 2026 (Homes.com)
Sources: Redfin Murphy housing market (Aug 2026); Homes.com (months of supply, Oct 2026). Portal figures can include east Plano addresses that share ZIP 75094.
Neighborhood guide
Best neighborhoods in Murphy, TX
Murphy's subdivisions date mostly from the 1990s through the 2010s. Prices range from about $425K starter homes to $1M-plus homes in Rolling Ridge Estates.
Large established
Two-story homes~$500K–$690K
Maxwell Creek North
Newer section north of Maxwell Creek, with larger two-story floor plans
See homes
Upper tier~$550K–$1.25M
Plano ISD family~$625K–$650K
Wylie ISD value~$555K–$645K
Below median~$530K–$600K
Larger homes~$650K
Upscale enclave~$950K
Entry price~$425K–$515K
Older homes~$509K
Starter option~$449K
Lots available~$450K
Free comparison
Not sure which neighborhood fits?
Get a side-by-side of prices, school zoning, taxes, and HOA or PID costs for the Murphy neighborhoods in your budget.
Get my comparisonPhotos are representative, not the specific neighborhood. Prices are approximate ranges from active asking prices on Homes.com (Oct 2026), plus Redfin neighborhood medians where available. Single-listing figures are rough. Verify school zoning by address.
Lifestyle
Small-town events, suburban convenience
Murphy keeps a community calendar built around Central Park, including the 16th annual Maize Days Cornival in October 2026. Plano, Wylie, and Lake Lavon are all a short drive away.
Central ParkMaize DaysCreek greenbeltsNear Lake Lavon
Property taxes
Murphy property tax rate explained
Murphy's total rate depends on the school district. Plano ISD addresses pay about 1.63% before exemptions. Wylie ISD addresses pay about 1.80%. Collin County raised its rate in 2026 for the first time since 1993, and the city added four-tenths of a cent.
Plano ISD 1.0328
City of Murphy 0.3618
Collin County 0.1514
Collin College 0.0812
| Taxing entity (2026) | Rate per $100 |
|---|---|
| Plano ISD | 1.03275 |
| City of Murphy | 0.361832 |
| Collin County | 0.151414 |
| Collin College | 0.08122 |
| Total, Plano ISD | ≈ 1.63% |
| Total with Wylie ISD (1.2102) | ≈ 1.80% |
Sources: Plano ISD adopted rate (Sept 8, 2026); City of Murphy FY2027 adopted rate (Sept 2026); Collin County (Sept 14, 2026); Collin College (Aug 25, 2026); Wylie ISD rate is the 2025-26 rate, which the district said it would maintain.
Exemptions and special districts
- Homestead: Texas school districts exempt $140,000 of a homestead's value. File with the Collin Central Appraisal District once you own and live in the home.
- Over 65 or disabled: Qualifying owners get an extra $60,000 school exemption, and their school taxes are capped at the level of the year they qualify.
- Protest: Collin CAD mails notices in April. The 2026 protest deadline was May 15. Protesting the value each year can lower the bill as much as rate changes do.
How to win the right Murphy home in this market
Murphy is a resale market with limited inventory and two school districts. Buyers who verify zoning and price each home against its own subdivision negotiate better.
- Confirm the school districtLook up each address in Plano ISD and Wylie ISD tools. The district changes school assignment and the tax rate by about 0.18%.
- Get fully pre-approvedA verified pre-approval strengthens offers. Upper-tier homes in Rolling Ridge Estates and Crescent Hill may need jumbo financing.
- Price by subdivisionRolling Ridge and Glen Ridge can be $400K apart. Use sold comps from the same subdivision, not the citywide median.
- Target stale listingsHalf of Murphy listings cut their price in August 2026. Homes past 45 days often accept lower offers or seller credits.
- Inspect older systemsMany homes date from the 1990s and 2000s. Budget for roofs, HVAC, foundations, and sewer lines, and ask about city utility work.
Estimate your Murphy payment
$0/ month
- Principal + interest (30-yr)
- $0
- Property tax
- $0
- Homeowners insurance (est.)
- $0
- HOA + PID
- $0
Estimate only, not a loan offer. Uses the 2026 Murphy plus Plano ISD rate before exemptions. Insurance assumes 0.6% of price per year; mortgage insurance isn't included. Rates change daily.
Schools, commute, and lifestyle
Living in Murphy, TX: what to know
Parks and events
Central Park anchors city events, including the free Maize Days Cornival with fireworks each October. Neighborhood greenbelts follow Maxwell Creek through the city.
Lake Lavon nearby
Lake Lavon lies northeast of Murphy, with boating, fishing, and shoreline parks a short drive past Wylie.
Shopping and dining
Everyday retail and restaurants line FM 544 and Murphy Road. Larger shopping in Plano, Allen, and Firewheel in Garland is 15 to 20 minutes away.
Plano ISD
Plano ISD earned a B, 85 out of 100, in TEA's 2025-26 ratings, up 3 points. Plano East Senior High earned an A and is finishing a 2022 bond renovation.
Wylie ISD
Wylie ISD serves parts of east Murphy. Wylie High School earned an A in TEA's 2025-26 ratings. The district is building a new career and technical education center.
City utilities
Murphy is reinvesting in older infrastructure. Approved projects include a $1.37M water main replacement in The Timbers and rehabbing the Rodeo Drive water tower.
2025
Plano East Senior High begins a $58.4M renovation under Plano ISD's 2022 bond, due to finish in the first half of 2027.
2026
City Council adopts a $67.2M FY2027 budget and a 0.361832 tax rate, up four-tenths of a cent.
2026
Council approves engineering to redesign the FM 544 pedestrian bridge over Maxwell Creek, plus water system upgrades.
2026
Collin County MUD No. 7, proposed for land between Parker and Murphy, goes to a state judge on Nov. 30.
Getting around
Murphy is car-dependent. FM 544 runs east to west through the city, and the Bush Turnpike and US-75 are a few miles west. Murphy is not a DART member city, so rail riders use stations in nearby cities.
- Downtown Dallas ~30–35 min off-peak
- Legacy West, Plano ~25 min off-peak
- DFW Airport ~40 min off-peak
- Richardson Telecom Corridor ~20 min off-peak
An honest look
Pros and cons of living in Murphy
Pros
- Plano ISD zoning for much of the city
- Stable, owner-occupied neighborhoods with few rentals
- Total tax rate near 1.63% in Plano ISD
- Few MUDs compared with newer northern suburbs
- Close to Plano, Richardson, and Lake Lavon
- Room to negotiate on stale listings
Cons
- Prices above neighboring Wylie and Sachse
- Little new construction; nearly all resale
- Two ISDs make zoning checks essential
- No DART rail inside city limits
- Commutes average over 32 minutes
- Older homes may need system updates
Your Murphy real estate agent
One expert for the home and the loan
PJ Zaji is a Texas REALTOR® (Lic# 631862-SA) with Monument Realty and a mortgage loan originator with NEXA Mortgage (NMLS #2280005). Murphy buyers get one contact for the search, the offer, and the loan, with access to 280+ wholesale lenders. That helps across Murphy's range, from $450K starter homes to $1M-plus homes that may need jumbo financing.
- Search and loan handled by one licensed professional
- Rate and program shopping across 280+ wholesale lenders
- Subdivision-level comps and Plano ISD vs. Wylie ISD tax comparisons
FAQ
Murphy, TX real estate: common questions
Still have a question?
Text PJ at 469-817-6060 for a straight answer on any Murphy home, neighborhood, or loan question.
Call or text PJWhat is the median home price in Murphy, TX?
Redfin reports a median sale price of $631,750 for August 2026, up 12.2% from a year earlier. Prices per square foot fell 2.2%, so part of the gain reflects larger homes selling. Subdivision prices range from about $425K to over $1M.
Is Murphy, TX a good place to live?
Murphy appeals to buyers who want a quiet, owner-occupied suburb with access to Plano and Richardson. About 94% of homes are owner-occupied, and the median household income is $175,699. The tradeoffs are higher prices, few new homes, and car-dependent commutes.
Which school district serves Murphy?
Murphy is split. Plano ISD serves most of the west and central city, including Murphy Middle School and Plano East Senior High. Wylie ISD serves parts of the east side. Always confirm zoning for the specific address with the district.
How are Murphy schools rated?
In TEA's 2025-26 accountability ratings, Plano ISD earned a B with 85 out of 100 points, up 3 points from the prior year. Plano East Senior High and Wylie High School each earned an A. Campus ratings vary, so check each school.
What is the property tax rate in Murphy?
For 2026, the total is about 1.63% for Plano ISD addresses and about 1.80% for Wylie ISD addresses, before exemptions. That includes the city (0.361832), Collin County (0.151414), and Collin College (0.08122), plus the school district rate.
Are there MUDs or PIDs in Murphy?
Most of Murphy's resale homes are inside city limits and not in MUDs, unlike many newer northern suburbs. A proposed development between Parker and Murphy is seeking Collin County MUD No. 7. Check the seller disclosure and title commitment for any special district.
How long is the commute from Murphy to Dallas?
Downtown Dallas is roughly 30–35 minutes off-peak by the Bush Turnpike and US-75, and much longer at rush hour. The Census reports a 32.2-minute average commute for Murphy residents. Murphy has no DART rail station.
Is there new construction in Murphy?
Very little. Murphy is largely built out, and CCAD counted $33.9 million in new construction value for 2026. Buyers who want a new build usually look at Wylie, Lucas, or cities farther north, or buy a lot for a custom home.
Is now a good time to buy in Murphy?
Conditions are mixed. Prices rose year over year, but homes took 46 days to sell, closed at about 97.3% of list price, and half of listings cut their price. Well-prepared buyers can negotiate on homes that have been listed for a while.
How much income do I need to buy in Murphy?
It depends on rate, down payment, debt, and taxes. At the $631,750 median with 10% down, the payment includes about $860 a month in property tax before exemptions. A pre-approval gives you an exact number.
Plano ISD or Wylie ISD: which costs less in taxes?
Plano ISD's 2026 rate is 1.03275 per $100, compared with about 1.2102 for Wylie ISD. On a $600,000 home, that is roughly $1,060 a year less in Plano ISD before exemptions. Home prices can offset that gap.
Keep exploring
More Murphy searches and nearby cities
Ready to buy in Murphy? Start with a plan.
Tell PJ your budget, school district, and must-haves. You will get a Murphy search and a financing plan that fits.