Licensed local Realtors serving Murphy, honest pricing guidance, professional marketing, and listing options that fit how much help you actually want.
Corridors, build era, and taxing boundaries shape what you can buy in Murphy and what it costs to hold.
Murphy covers about 5.7 square miles on FM 544 between Plano and Wylie, just north of the President George Bush Turnpike. The turnpike's opening around 2000 triggered the city's build-out; before that it was farmland, and one- to five-acre lots platted in the 1980s now sit beside the late-1990s and 2000s subdivisions that filled the rest. Ringed by Plano, Richardson, Sachse, Wylie, and Parker, Murphy has no room to annex and is effectively finished. Plano ISD and Wylie ISD each serve parts of the city.
Murphy sits in Collin County, where the combined property tax rate runs about 1.70 percent of market value for the 2025 tax year, ranging 1.55 to 2.30 percent depending on the school district. On a $350,000 home with a homestead exemption that works out to roughly $377 a month. The Texas homestead exemption reduces only the school district portion, not the county or city portion, which is the detail most online estimates miss.
Taxes and insurance are a large share of a monthly payment in Texas, so a national mortgage estimate will understate what a Murphy home actually costs to hold.
Brokerage services on this page are provided through Fathom Realty. Review Texas listing service levels and terms.
First home, upgrade, or investment, we guide Murphy buyers through search, offer strategy, financing connections, and closing. Browse Texas and Oklahoma listings or reach out below and tell us what you're looking for.
Need to sell a property as-is instead? Get a cash offer on your Murphy house →
Tell us what you're trying to do in Murphy. A real person reviews every submission, usually same day.
Got it! Your message is with the McDonald Group and you will hear back shortly. In a hurry? Call or text (469) 553-0906.
By submitting you agree to our Terms of Communication. Every submission lands directly with the McDonald Group.
We also serve Wylie, Plano, Sachse, Allen , and the rest of the metro. All cities we serve →