Check Availability
$475,000
↓ $10K (2.1%)
● House - For Sale

316 Mimosa Drive

Murphy, TX 75094
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,455 Ft²
$3,194
Est. Monthly
$275
HOA / Fees
4.52%
Cap Rate

About This Property

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!
Unit Size
2,455 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$193
Property Type
House
Property Taxes
$587
HOA Dues
$275
Year Built
2001

Listed By

Amy Downs
Amy Downs
Keller Williams Central
Sheila Nalls
Livv Real Estate, LLC

Payment Calculator

Cap Rate Calculator

Last updated: 3 days ago (NTREIS #21351474)

Price History

Date / Event Date Event Price
Oct 1, 2026 Price Decreased $475,000
↓ $10K (2.1%)
Price Decreased
Sep 24, 2026 Price Decreased $485,000
↓ $15K (3%)
Price Decreased
Aug 27, 2026 Price Decreased $500,000
↓ $15K (2.9%)
Price Decreased
Aug 6, 2026 Listed by DHS Realty $515,000
Listed by DHS Realty
Jul 1, 2026 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Side, Lighted, Epoxy Flooring
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Chandelier, Double Vanity, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Cable TV Available, Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven
Flooring Type: Carpet, Ceramic Tile, Marble, Luxury Vinyl Plank, Travertine Stone
Has Fireplace
Fireplace Features: Den, Gas, Gas Log, Gas Starter, Wood Burning
Fireplaces: 1
Exterior Details
Square Footage: 2455
Security Features: Prewired, Security System, Security System Owned, Smoke Detector(s), Other, Burglar
Architectural Style: Traditional
Year Built: 2001
Levels: One
Construction Materials: Brick, Fiber Cement
Lot Features: Greenbelt, Landscaped, Level, Adjacent to Greenbelt, Oak, Sprinkler System, Subdivision
Lot Size Area: 0.22
Lot Size Units: Acres
Lot Size Acres: 0.22
Lot Size Square Feet: 9583.2
Tax Lot: 18
Financial Details
Tax Annual Amount: $7,038
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Electric, Fireplace(s), Natural Gas
Location Details
HOA/Condo/Coop Fee Includes: Full Use of Facilities
HOA Fee: $275
HOA Fee Frequency: Semi-Annually

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 139
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,462
  • Total Building Area: 2,875
  • Gross Building Area: 2,923
  • Building Area: 2,455
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,455
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERS NO 6 PHASE II (CMR)
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: TIMBERS NO 6 PHASE II (CMR), BLK F, LOT 18

Neighborhood

  • School District Name: Plano Independent School District
  • School Tax School District: PLANO ISD
  • Census Tract: 031335

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 672-C
  • District: CMR
  • Parcel: R-3842-00F-0180-1
  • Block: F
  • Lot: 18
  • Municipality: MURPHY CITY
  • Latitude: 33.0041
  • Longitude: -96.6066

    Address

  • Full Address: 316 Mimosa Dr
  • Address - House Number: 316
  • Address - Street Name: Mimosa
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Murphy
  • Carrier Code: R094
  • 4-Digit Zip Code: 3343
  • Zip Code: 75094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613,419
  • Tax Rate Code Area: SPL

    Appraisal Valuation

  • Standard Deviation: 0.2058
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 72
  • Final Value: 536,533
  • High Value: 646,979
  • Low Value: 426,088

    Market Valuation

  • Market Total Value: $444,362
  • Market Land Value: $115,000
  • Market Improvement Value: $329,362

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,375
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $329,362

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 27, 2001
  • Current Sale Recording Date: Oct 03, 2001
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2001-0125251
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About The Timbers


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6141 Sachse Street, Sachse, TX, 75048

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 2,006 ft²
6141 Sachse Street, Sachse, TX, 75048 Listing by Sanad Awad
Unit for rent at 3901 William Street, Sachse, TX, 75048

$1,400 /mo

  • 2 Beds
  • 1 Bath
  • 922 ft²
3901 William Street, Sachse, TX, 75048 Listing by Steve Warren
Unit for rent at 5512 Alexander Street, Sachse, TX, 75048

$1,550 /mo

  • 2 Beds
  • 1 Bath
  • 791 ft²
5512 Alexander Street, Sachse, TX, 75048 Listing by Sarah Nguyen


Frequently Asked Questions

When was property at 316 Mimosa Drive built and last sold?
The property at 316 Mimosa Drive was built in 2001 and last sold on Sep 27, 2001 for $0.
How much is this home worth?
The estimated value of the home located at 316 Mimosa Drive is $478,929.
What are some comparable homes to 316 Mimosa Drive?
There are currently no comparable homes to 316 Mimosa Drive.

Nearby Counties