- Henderson County
- Murchison TX
- 75778
- Local Area: AB 0703 WM H SMITH SUR
Property Overview
Looking for space, flexibility, and endless possibilities? This unique property in Murchison sits on approximately 1.75 acres and offers so much more than a traditional home. The main residence features 3 bedrooms and 2 full baths, plus two additional spray-foam-insulated bonus rooms that provide extra space for an office, hobby room, game room, storage, or whatever fits your needs. Upstairs, you’ll find even more air-conditioned bonus space with two additional rooms. The current owners have utilized this area as a storefront, but its flexible layout opens the door to a variety of possibilities. Outside is where this property really stands apart. A large covered patio has previously been used for parties, gatherings, and a food truck area, while the outdoor playground adds even more functionality to the property. There is also a workshop with electricity and a half bath, additional parking for guests, customers, trailers, or recreational vehicles, and plenty of room to make the property your own. With approximately 1.75 acres and no known deed restrictions, this is a rare opportunity for someone looking for a property where they can live, work, entertain, create, or simply enjoy having room to spread out. Bring your vision and come see all the possibilities this one-of-a-kind Murchison property has to offer!
Featured spaces
WATCH VIDEO
Video Tour
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
HAVE QUESTIONS ABOUT THIS HOME?
Text or email Steavy directly from this listing.
Property highlights
Year Built 1987
School District Murchison Isd
HOA No HOA
Parking 4 covered spaces
Shop / Workshop Workshop on property
Architecture AFrame, Detached
Acreage Estate 1.75 acres
Full Property Details
Property Details
Quick Details
- Price $450,000
- Status Active
- Bedrooms 4
- Bathrooms 3
- Square Feet 1,152 Sq Ft
- Lot Size 1.75 acres
- Lot Size Sq Ft 76,230
- Year Built 1987
- Price / Sq Ft $391 / Sq Ft
- MLS # 21400742
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- Property Condition Resale
- County Henderson
- Subdivision AB 0703 WM H SMITH SUR
- Days on Market 4
Home Details
- Architectural Style A Frame, Detached
- Levels OneAndOneHalf
- Full Baths 2
- Half Baths 1
- Construction Brick
- Roof Composition
- Flooring Laminate
- Heating Central
- Cooling Central Air
- Property Attached No
Kitchen & Interior
- Appliances Refrigerator
- Interior Features High Speed Internet, Cable Tv
Lot & Exterior
- Exterior Features Playground
- Patio & Porch Features Covered
- Fencing Other
- Pool No
- Other Structures Workshop
Parking
- Parking Attached Carport, Additional Parking
- Garage Spaces 0
- Covered Parking 4
- Attached Garage No
Taxes & HOA
- Annual Taxes $667
- Parcel Number 070302600A0071
- Legal Description AB 703 WM H SMITH SUR, TR 26A
Utilities
- Utilities Electricity Connected, Septic Available, Water Available, Cable Available
- Water Public
- Sewer Septic Tank
Schools
- School District Murchison ISD
- Elementary Murchison — Murchison ISD
- Middle Murchison — Murchison ISD
- High Murchison — Murchison ISD
Listing Information
- Listing Agent Lupe Jimenez
- Brokerage Mersaes Real Estate, Inc.
- MLS Board NTREIS
- List Date 09/30/2026
- Source Updated 10/04/2026
- Last Updated 10/07/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
Property Tax & CAD Valuation for 5989 State Highway 31 E E
Henderson CAD (Pritchard & Abbott) records for 5989 State Highway 31 E E, Murchison, TX 75778 show a CAD market value of $55,298 and a net appraised value of $55,298. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.
TAX INFO FOR NORMAL PEOPLE
A plain-English look at Henderson CAD (Pritchard & Abbott) property-tax and appraisal records for 5989 State Highway 31 E E, Murchison, TX 75778, including CAD market value, appraised value, exemptions, taxing entities, improvement records, and value history.
View Official Henderson CAD (Pritchard & Abbott) Property Record
1. CAD Big Picture: Land + Improvements = Market Value
This shows what the CAD market value is made of. Appraisal districts usually separate value between the land and the improvements. Improvements may include the home, garages, shops, patios, pools, decks, storage, and other structures.
Land Value $42,525 + Improvement Value $12,773 = CAD Market Value $55,298
3. Current Tax Exemptions & Statutory Limitations
Property tax bills reflect two distinct types of CAD adjustments: local taxing jurisdiction exemptions (which reduce taxable value below appraised value) and statutory appraisal limitations (which limit the annual growth of appraised value itself). Each taxing entity establishes its own exemption amounts and tax rates.
No standard exemptions or CAD reductions were detected in the current record.
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.
4. Value After CAD Reductions
This is where CAD reductions, exemptions, limitations, or special-use valuation may affect the value used for tax calculations.
CAD Market Value $55,298 − All Current CAD Reductions $0 = Current Taxed Starting Point $55,298
This reflects the CAD net appraised value after current CAD reductions. Individual taxing units may use different taxable values when exemptions apply.
5. Who Taxes It?
These are the local entities included in the current CAD/tax estimate. A property tax bill can include a city, county, school district, municipal utility district, public improvement district, or other special district. Each entity may use its own taxable value, rate, and exemption treatment.
| Entity | Taxable Value | Rate (per $100) | Est. Tax (No Ex.) | Savings | Est. Tax (Current) |
|---|---|---|---|---|---|
|
Other Entity
HENDERSON CAD |
$55,298 | 0.0000 | $0 | — | $0 |
|
County
HENDERSON CO R&B |
$55,298 | 0.0172 | $10 | — | $10 |
|
County
HENDERSON COUNTY |
$55,298 | 0.2743 | $152 | — | $152 |
|
County
HENDERSON CO FM-FC |
$55,298 | 0.0400 | $22 | — | $22 |
|
School District
MURCHISON ISD |
$55,298 | 0.6669 | $369 | — | $369 |
|
Other Entity
TRINITY VALLEY COMM |
$55,298 | 0.1137 | $63 | — | $63 |
|
Emergency Services District (ESD)
EMERGENCY SVS DIST #8 |
$55,298 | 0.0950 | $53 | — | $53 |
Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. The figures shown reflect the current CAD record. Specific exemption details are displayed when available from the source. A buyer's exemptions and future tax obligations may differ.
Special District Context
- Emergency Services District (ESD): A special district providing emergency services and fire protection.
6. Estimated Tax Bottom Line
Est. Taxes (No Exemptions) $667 − Est. Tax Reductions / Savings — = Est. Taxes (With Current Exemptions) $667
The current CAD record does not establish an exemption tax savings calculation. A buyer’s future tax bill may differ.
7. CAD Values Over Time
YOY Change reflects the change in CAD Market Value from the prior appraisal year. Taxed / Appraised reflects the CAD net appraised value after CAD reductions, or the certified capped appraisal value where jurisdictions differ. Individual taxing units may use different taxable values when exemptions apply.
| Year | Land | Impr. | Market | Taxed / Appraised | YOY Change |
|---|---|---|---|---|---|
| 2021 | $24,062 | $2,419 | $26,481 | $26,481 | +$18,251 / +221.76% |
| 2022 | $31,500 | $2,419 | $33,919 | $33,919 | +$7,438 / +28.09% |
| 2023 | $31,500 | $5,322 | $36,822 | $36,822 | +$2,903 / +8.56% |
| 2024 | $42,525 | $11,709 | $54,234 | $44,186 | +$17,412 / +47.29% |
| 2025 | $42,525 | $12,773 | $55,298 | $53,023 | +$1,064 / +1.96% |
| 2026 | $42,525 | $12,773 | $55,298 | $55,298 | — |
8. List Price vs CAD Value
The current list price and the county’s CAD market value are not the same thing. CAD market value is used for property-tax context and may lag the open market, reflect prior protests, exemptions, caps, agricultural or special-use treatment, or other appraisal district methods.
How does the list price compare with the CAD value?
CAD values are appraisal-district values used for property-tax purposes and can differ from current asking prices and eventual sale prices.
Current List Price $450,000 − Current CAD Market Value $55,298 = Over CAD Value +$394,702 (+713.8%)
A sale price can become part of the appraisal district’s future evidence. A buyer’s future taxable value and tax bill may change after purchase, especially if exemptions, caps, or special-use valuation change.
For tax planning, buyers should confirm future taxable value, exemptions, and special-use treatment with the appraisal district, tax office, lender, CPA, or other qualified advisor.
LIFE AROUND AB 0703 WM H SMITH SUR
A curated look at local favorites, everyday stops, and lifestyle context near this property.