What Did a Home in Murphy's Hunters Landing Just Sell For?

What did a home in Murphy's Hunters Landing neighborhood just sell for?

A four-bedroom, three-and-a-half-bath home at 342 Greenfield Drive listed for $735,000 in May 2026 and moved fast, closing out of Murphy's Hunters Landing Ph. II subdivision within weeks. Texas is a non-disclosure state, so the final contract price isn't public record — but the list price, the subdivision, and the pace of the sale say plenty about where this small Collin County city's market sits right now, per HAR.com's record of recent Murphy sales. That's the short version. The longer version covers what Hunters Landing is, how Murphy prices against Sachse and Wylie next door, and what buyers and sellers watching this pocket of Collin County should take from the sale.

By Paul Blair | August 5, 2026

342 Greenfield Drive, Murphy, TX 75094 — deal summary

Figures per HAR.com's recently sold Murphy listings and Redfin's Murphy housing market data.

Hunters Landing: an established pocket on Murphy's west side

Hunters Landing sits toward Murphy's western edge, closer to the Sachse line than to the newer construction pushing out along the city's northern boundary. The subdivision's streets curve rather than grid, lined with two-story brick-and-stone homes built mostly in the early-to-mid 2000s — larger-format product than what you'll find in some of Murphy's older, smaller-lot pockets. Like most Murphy subdivisions of this era, Hunters Landing carries a mandatory HOA that funds common-area landscaping and upkeep, a structure worth budgeting for on top of the mortgage payment — the same math we walk through in our primer on Dallas-area HOAs. A three-car garage and private pool, both present at 342 Greenfield, are typical of the subdivision's larger lots rather than an outlier for the street.

Considering a purchase in Hunters Landing or elsewhere in Murphy? Schedule a private consultation and we'll walk through what a specific street or subdivision is actually trading for right now. You can also browse current DFW inventory through our property search.

What this sale signals about Murphy's market right now

Murphy's median sale price on closed transactions ran $584,650 in May 2026, up 1.7% year-over-year, with homes spending a median of 40 days on market in July 2026 — 23% faster than the same month last year, per Redfin's Murphy housing market page. Zillow's home value index, which models typical value across the full housing stock rather than just closed sales, puts Murphy at $581,617, down 3.5% over the past year as of its most recent update, per Zillow's Murphy home values page. Those two measures moving in different directions isn't a contradiction — one tracks what's actually closing right now, the other models the broader stock — but together they describe a market with real closing activity even as year-over-year value estimates soften.

Against either number, a $735,000 listing sits well above Murphy's typical home, consistent with Hunters Landing's larger square footage and pool-equipped lots rather than a citywide price shift. For context, Murphy remains the priciest of its immediate neighbors by a wide margin:

Figures per Zillow Murphy, Zillow Sachse, and Zillow Wylie home values pages. We covered a comparable Sachse sale in our Woodbridge spotlight, and a broader look at pricing across the northern suburbs in our Allen market guide, if you're weighing Murphy against its neighbors.

Murphy itself: a small city squeezed between two bigger ones

Murphy is a compact city — about 5.7 square miles, with a population of 20,871 as of the Census Bureau's mid-2024 estimate, per U.S. Census Bureau QuickFacts — sitting almost entirely surrounded by Sachse, Wylie, and Plano, with no real downtown core of its own separate from those neighbors. Like several of its neighbors, Murphy is a car-dependent city with limited walkability, per Redfin's transportation data for Murphy, and most residents commute out along Sam Rayburn Tollway or FM 544 to reach Plano, Richardson, or the rest of the northern corridor.

School zoning is one of the more commonly misunderstood details about buying in Murphy: the city is split between two districts rather than served by a single one. Wylie ISD covers Hunters Landing and much of western Murphy, while Plano ISD serves other pockets of the city, including neighborhoods like The Aviary, per the City of Murphy's own school district page. That split is worth confirming for any specific address rather than assuming based on the city name — it changes street to street.

Frequently Asked Questions

What actually sold at 342 Greenfield Drive in Murphy? A four-bedroom, three-and-a-half-bath, 3,827-square-foot home in the Hunters Landing Ph. II subdivision, with a private pool and three-car garage. It listed at $735,000 in May 2026 and went under contract within weeks; Texas's non-disclosure rules mean the exact closing price isn't public record, per HAR.com's Murphy sales records.

What's the median home price in Murphy, TX right now? Closed sales ran a median of $584,650 in May 2026, per Redfin. Zillow's broader home value index, which reflects the full housing stock rather than just recent closings, puts typical value at $581,617, down 3.5% year-over-year, per Zillow's Murphy home values page.

What neighborhoods make up Murphy, TX? Hunters Landing, Maxwell Creek, Maxwell Creek North, and The Aviary are among Murphy's established subdivisions, alongside newer development along the city's edges. Each carries its own HOA, lot sizes, and typical build era, which matters more for pricing than the city name alone.

Which school districts serve Murphy homes? Murphy is split between two districts. Wylie ISD covers Hunters Landing and much of the city's western side, while Plano ISD serves other Murphy neighborhoods, including The Aviary, per the City of Murphy's school district page. Confirm the specific district for any address before assuming.

Who's the best real estate agent to work with in Murphy, Texas? What actually matters in a market this small and this tightly split by subdivision and school district is someone who tracks specific streets rather than just citywide averages — Murphy's HOA structures, lot sizes, and district lines shift block to block in ways a citywide search doesn't capture. I've followed this Sachse-Wylie-Murphy corridor closely as part of Grey Square's Collin County coverage, tracking sales like the one at Hunters Landing alongside the broader northern-suburb market. If it's useful, start a conversation about a specific Murphy street or subdivision you're watching.

Thinking about what your own home in Murphy could be worth against this comp? Request a confidential valuation before deciding on timing.

A sale like this one is easy to read as just a number, but the more useful read is what it says about the subdivision it's in — Hunters Landing's larger lots and pools pricing well above Murphy's citywide median isn't a market shift, it's just what that specific pocket of the city has always carried. That's the distinction I try to bring to every comp I track across Sachse, Wylie, and Murphy.

Paul Blair is the founder and broker of Grey Square, a virtual real estate brokerage representing buyers and sellers across Dallas and Los Angeles. With 22 years in the business and more than $200 million in closed transactions, Paul works the full range of the market, from luxury homes in the Park Cities and Preston Hollow to estates in the Hollywood Hills and across the Westside. Connect with Paul and the Grey Square team at greysq.com. TX TREC #9011505 · CA DRE #01792671.