$2,280,000

600 E Fm 544 Murphy, TX 75094

Estimated payment $12,589/month

3.98 Acres
$572,864 Price per Acre
173,369 Sq Ft Lot

Highlights

  • 3.98 Acre Lot
  • Don Whitt Elementary School Rated A+
  • Central Air

About This Lot

Introducing a rare 4-acre commercial opportunity (currently zoned residential; SF-20) located on highly visible FM 544 in the heart of Murphy, Texas. Surrounded by an abundant array of retail, grocery, dining, and service options, this property offers exceptional convenience and exposure in a fast-growing region of Collin County. Over 55,000 vehicles pass by this property each day.

Key Highlights:

High visibility & accessibility: Situated on the only east–west thoroughfare in Murphy.
Strong traffic corridor: Enjoys consistent drive-by exposure from suburban commuters and shoppers.
Strategic location: Conveniently close to major anchors like Walmart, Lowe’s, Sprouts, HEB and 24 Hour Fitness.
Flexible potential: Ideal for retail, medical, office, mixed-use, hospitality, or institutional development.
Demographic strength: Captive retail trade area with affluent surrounding population and strong household incomes.

Listing Agent

Colleen Frost

Colleen Frost Real Estate Serv Brokerage Phone: 469-280-0008 License #0612659 Listed on: 08/24/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,282

Year Built

  • Built in 1965

Lot Details

  • 3.98 Acre Lot
  • Zoning described as SF-20

Schools

  • Tibbals Elementary School
  • Wylie High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number R657900004901

Property Details

Property Type

Land

Est. Annual Taxes

$2,282

Year Built

Built in 1965

Lot Details

0

Listing Details

  • OWNERNAME: Dennis & Kim Collins
  • Property Type: Land
  • Property Sub Type: Improved Land
  • Attribution Contact: 469-280-0008
  • Co List Office Mls Id: CFR01C
  • Special Features: None

Exterior Features

  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Separate Meters, Water Available

Association/Amenities

  • DevelopmentStatus: Other

Schools

  • Elementary School: Tibbals
  • High School: Wylie
  • Junior High Dist: Wylie ISD

Lot Info

  • PossibleUse: Commercial, Multi-Family, Mixed Use, Residential, Single Family
  • Lot Features: Acreage, Backs to Greenbelt/Park
  • Lot Size Units: Acres
  • Lot Size Area: 3.98
  • Parcel Number: R657900004901
  • Lot Size Acres: 3.98
  • Lot Size Sq Ft: 173368.8
  • Zoning Description: SF-20
  • Present Use: Single Family

Building Info

  • Year Built: 1965

Tax Info

  • Tax Annual Amount: 2282.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,214 $384,709 $477,600 $492,400
2023 $5,214 $349,735 $278,600 $472,243
2022 $10,671 $317,941 $278,600 $116,655
2021 $6,371 $289,037 $159,200 $129,837
2020 $6,496 $283,706 $159,200 $124,506
2019 $10,894 $284,354 $152,180 $132,174
2018 $6,878 $285,141 $152,180 $132,961
2017 $534 $24,150 $24,150 $0
2016 $541 $24,150 $24,150 $0
2015 $479 $20,700 $20,700 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 For Sale $2,280,000 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $195,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21036200

North Texas Real Estate Information Systems (NTREIS)

APN: R-6579-000-0490-1