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Murphy in the News

Money is Flooding into Oak Lawn

Money is Flooding into Oak Lawn

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This past week, Oak Lawn in Dallas has seen notable developments in its real estate landscape. A significant highlight is the proposal by Trademark Property Co. to build a 415-unit luxury apartment complex at 3900 Lemmon Ave. This development, which recently received...

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Oak Lawn’s Skyline is Set to Soar

Oak Lawn’s Skyline is Set to Soar

Exciting times are ahead for Oak Lawn as real estate developer UDR announces that the FAA has given the go-ahead for a stunning 25-story residential tower at 2743 Turtle Creek Blvd (next door to the Mansion). The FAA’s approval was required because the building,...

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Murphy Community Demographics:

Murphy, Texas, located approximately 20 miles northeast of downtown Dallas, is a small but thriving suburban city known for its excellent schools, spacious homes, and family-friendly atmosphere. With a focus on community and a high quality of life, Murphy attracts families and professionals seeking a quieter, upscale alternative to urban living. Below are key demographic highlights:

Population Overview

• Total Population: ~21,000 residents

• Median Age: 37 years old

• Predominantly families and professionals, with a focus on middle-aged and young families.

• Diversity:

• White (Non-Hispanic): ~50%

• Asian: ~30%

• Hispanic/Latino: ~12%

• Black/African American: ~6%

• Other/Mixed: ~2%

Income & Employment

• Median Household Income: ~$150,000

• Reflecting the affluence of the area, Murphy is one of the more affluent suburbs of Dallas.

• Employment:

• Residents often work in professional, managerial, and technical roles in industries such as technology, healthcare, and finance.

• Many commute to nearby Plano, Richardson, or Dallas for work.

Education

• Education Levels:

• Bachelor’s Degree or Higher: ~60%

• A highly educated population, with many working in specialized fields.

• Schools:

• Served by the highly rated Plano Independent School District (PISD) and Wylie Independent School District (WISD).

• Known for exceptional academic programs and extracurricular opportunities.

Housing Market

• Median Home Value: ~$550,000

• Average Rent: ~$2,500–$3,200 per month for single-family homes and luxury rentals.

• Homeownership vs. Renting:

• Homeowners: ~85%, reflecting the suburban, family-oriented character of the city.

• Renters: ~15%, typically young professionals or families in transition.

• Housing Types:

• Primarily spacious single-family homes with large lots.

• Many homes are located in master-planned communities with amenities like pools, parks, and clubhouses.

Lifestyle & Amenities

• Parks & Recreation:

• Over 150 acres of parkland, including Murphy Central Park, which hosts local events and features walking trails, sports fields, and a splash pad.

• Close proximity to Breckinridge Park and Lavon Lake for outdoor recreation.

• Shopping & Dining:

• Murphy Marketplace: The central hub for dining, shopping, and local services.

• Easy access to nearby retail centers in Plano and Wylie.

• Community Events:

• Popular events include the Maize Days Festival and seasonal activities like holiday parades and movie nights.

Transportation

• Proximity: Conveniently located near major highways such as SH 190 (President George Bush Turnpike) and US 75.

• Public Transit: Limited public transportation; most residents rely on personal vehicles.

• Commuter-Friendly: ~25–30 minutes to major employment hubs in Plano, Richardson, and Dallas.

Community & Culture

• Family-Oriented: A tight-knit community with a focus on family activities and neighborhood connections.

• Safety: One of the safest cities in Texas, with low crime rates and a strong sense of community.

• Pet-Friendly: Abundant green spaces and pet-friendly amenities.

Notable Statistics

• Marital Status:

• Married: ~70%

• Single: ~20%

• Other: ~10%

• Household Composition:

• Average household size: 3.4 people.

• Predominantly families with children.

Key Highlights

• Top-Rated Schools: Access to excellent public schools in Plano and Wylie ISDs attracts families to the area.

• Spacious Living: Large homes and lots provide plenty of space for growing families and outdoor activities.

• Community Focus: Murphy’s events and recreational options create a small-town feel with modern amenities.

• Convenient Location: A peaceful suburb with easy access to major business hubs and urban conveniences.

Murphy offers a perfect blend of suburban comfort, family-focused living, and upscale amenities. With its excellent schools, spacious homes, and strong sense of community, Murphy is an ideal choice for families and professionals seeking a high quality of life just outside the hustle of Dallas.