Murphy is small, established and almost entirely owner-occupied. That makes the details of each street matter more, starting with which school district a home sits in.
My office is on Hwy 78 in Sachse, right next door and Murphy is part of my monthly market reports.
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Murphy is split between two districts:
The split also changes your tax rate, which is covered next. Always confirm the attendance zone with the district by exact address.
The City of Murphy publishes its combined 2025-2026 tax rates by school district:
Part of Murphy | City rate | Combined rate per $100 (2025-2026) |
|---|---|---|
Plano ISD area | 0.357514 | 1.630527 |
Wylie ISD area | 0.357514 | 1.798277 |
Rates are before exemptions. File your homestead exemption ($140,000 off school taxes) as soon as you move in, and protest with the Collin Central Appraisal District if your value is off.
Murphy grew from 3,099 residents in 2000 to 17,708 in 2010 and 21,013 in the 2020 Census. The Census Bureau's 2025 estimate is 20,985, essentially flat.
What that means for you: Murphy is mostly a resale market, and about 94% of homes are owner-occupied, according to the Census Bureau.
Read more: Why Murphy's Nearly 200 Acres of Parks Matter and The Year Murphy Built Its Own Reasons to Stay Home.
City | Population (2025 est.) | Population (2020 Census) | County | School districts | Median owner-occupied home value (Census, 2020-2024) |
|---|---|---|---|---|---|
32,834 | 27,103 | Dallas, Collin | Garland ISD, Wylie ISD | $406,200 | |
63,842 | 57,526 | Collin, Dallas, Rockwall | Mostly Wylie ISD, plus Garland ISD, Rockwall ISD and small areas of others | $387,000 | |
20,985 | 21,013 | Collin | Plano ISD, Wylie ISD | $555,500 | |
11,888 | 4,469 | Collin | Community ISD, Wylie ISD | $394,300 |
Source: U.S. Census Bureau QuickFacts. Census home values are owner-reported survey figures, not a list price or a pricing opinion.
With little new construction, Murphy buyers compare your home to the handful of other resales on the market at the same time. Condition and school district move the price more than anything else.
Every listing price I recommend is built from five views: adjusted comparable sales, the MLS tax-roll AVM, an independent AI reasoning pass over the comps, the public Zestimate and current market motion. I recommend a list price and a probable sales price, and you'll see the real math behind both.
Keep reading: Murphy or Wylie: Matching Each Suburb to Your Lifestyle.
Every month I break down Murphy closed sales on YouTube: median price, price per square foot, days on market and seller concessions.
Murphy TX Market Report, August 2026
Murphy is in Collin County.
Murphy is split between Plano ISD and Wylie ISD. Confirm the attendance zone by exact address.
Yes. For 2025-2026 the City of Murphy lists a combined rate of 1.630527 per $100 in the Plano ISD area and 1.798277 per $100 in the Wylie ISD area, before exemptions.
About 20 miles from downtown Dallas, according to the City of Murphy.
Very little. The city expects build-out at roughly 22,000 residents, so most homes for sale are resales.
I use five inputs: adjusted comparable sales, the MLS tax-roll AVM, an independent AI review of the comps, the public Zestimate and current market motion. Then I recommend a list price and a probable sales price and show you how I got there.
Get straight answers and real numbers from a broker who lives next door.
Jeanie Marten Real Estate · 6306 S State Hwy 78, Sachse, TX 75048 · Equal Housing Opportunity
ADDRESS 6306 HIGHWAY 78 SACHSE, TX 75048
CONTACT OUR TEAM
Send us a quick message, and a Jeanie Marten Real Estate professional will get right back to you.
ADDRESS 6306 HIGHWAY 78 SACHSE, TX 75048
CONTACT OUR TEAM
Send us a quick message, and a Jeanie Marten Real Estate professional will get right back to you.