242 Island Dr, Murchison, TX 75778
Property image
Property image
OFF MARKET

242 Island Dr
Murchison, TX 75778

  • 5 Beds
  • 4.5 Baths
  • 3,736 sqft (on 0.51 acres)

$641,600

Trulia Estimate
as of Aug 1, 2026
Est. Refi. Payment $3,982/mo*

$641,600

Trulia Estimate
as of Aug 1, 2026
Est. Refi. Payment $3,982/mo*
5 Beds
4.5 Baths
3,736 sqft
(on 0.51 acres)

Local Information

  • Map ViewExplore the area around 242 Island Dr.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1977
Lot Size
0.51 acres
Living Area
3,736 sqft
Price/Sqft
$172
Parking
Garage

About this House

AGGRESSIVE PRICE REDUCTION FOR CONTRACT BY 09/05/18, THEN OFF MARKET. REDUCTION OF 12.12%; NOW $99/sq. ft.
Rare opportunity to live on an island in a large, open lakefront house with beautiful woodworking in the large open living room. This 3736 sq. ft. home features 5 BR, 4.5 BA in a gated subdivision on Callender Lake! House features a completely renovated kitchen w/SS appliances, convection oven, soaring ceilings and beautiful FP in living with large windows taking advantage of the stunning lake view! Downstairs Master Suite features a large living area/office with a wall of glass including 2 sliding glass doors & 2 full BA. Additionally, downstairs is kitchen, DR, eating bar area, living room, guest BR, bathroom and utility area. Upstairs is the 2nd master suite with full BA, large loft living area, 2 additional BRs and bathroom. Expansive deck surrounding three sides of the house, large covered areas, hot tub, bar, utility shed & all just steps away to the 140 feet of breathtaking water frontage! Newly renovated boat house is completely screened in with a garage door, ceiling fans, can lights, new windows, cable ready & could easily be converted back into a boat slip with 4 simple cuts. Callender is a spring fed, constant water level lake located just 1 hr. 15 min. from downtown Dallas. Furniture and contents for sale. Investment Vacation Home perfect for Airbnb & VRBO for multiple events such as Canton First Monday Trade Days, large families or an executive corporate retreat. Don't let this lakefront property slip away. Welcome Home!
House has been completely renovated over the last few years including electrical, 1 complete HVAC system, new seawall, complete boathouse renovation, septic system, entire house remodel, plumbing, 2 hot water heater - complete list upon request.
Please call 903-469-3173 or 405-570-8980 to schedule showing. Or 214-334-2670.
242 Island Dr, Murchison, TX 75778 is a 5 bedroom, 5 bathroom, 3,736 sqft single-family home built in 1977. It last sold for $365,000 on Oct 13, 2018. It is currently off market. The Trulia Estimate is $641,600, with a rent estimate of $3,228/month.

Home Details for 242 Island Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Other, Stove, Electric, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, LaminateGated Entry
Interior Details
Additional StorageAtticNumber of Rooms: 15Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, WorkshopStorageWet BarCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherMicrowaveRefrigerator
Fireplace & Spa
FireplaceHot Tub or Spa

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Stone, Vinyl, MetalLawnPatioPorch
Parking & Garage
GarageParking: Carport, Off Street, Garage

Property Information

Year Built
Year Built: 1977Year Updated: 2018
Property Type / Style
Property Type: Single Family HomeArchitecture: Split-level

Lot Information

Lot Area: 0.51 acres

Mobile R/V

RV Parking
Rv Parking

Building

Fitness & Sports
Basketball Court

Price History for 242 Island Dr

DatePriceEventSource
10/13/2018--Sold
GTARMLS #10097459
08/22/2018$372,900PriceChange
Agent Provided
07/28/2018$373,500PriceChange
Agent Provided
07/14/2018$389,750PriceChange
N/A
05/16/2018$398,999PriceChange
Agent Provided
05/03/2018$399,000PriceChange
Agent Provided
04/27/2018$424,000PriceChange
Agent Provided
03/13/2018$425,000PriceChange
N/A
02/12/2018$434,600Listed For SaleN/A

Market trends in Murchison

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
25
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Property Tax and Assessment

Year2025
Tax$7,744
Assessment$574,192
Home facts updated by county records

Comparable Sales for 242 Island Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
-
08/13/25
4
3
2,574
0.08
Single-Family Home
-
11/07/25
4
2
2,264
0.23
Single-Family Home
-
09/29/25
4
3.5
2,329
0.38
Single-Family Home
-
05/29/26
3
2
1,548
0.33
Single-Family Home
-
12/04/25
3
2
1,560
0.49
Single-Family Home
-
11/05/25
2
2
1,488
0.56
Single-Family Home
-
12/15/25
2
1
1,103
0.41
Single-Family Home
-
03/26/26
2
1
768
0.64
Single-Family Home
-
09/11/25
2
2
1,064
0.48
Single-Family Home
-
09/29/25
1
1
570

Nearby homes

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Assigned Schools

These are the assigned schools for 242 Island Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Murchison

At least 3 Trulia users voted on each feature.
  • 100 % Say there's wildlife

  • 100 % Say yards are well-kept

  • 88 % Say parking is easy

  • 80 % Say car is needed

  • 78 % Say it's dog friendly

  • 60 % Say kids play outside

  • 60 % Say it's quiet

  • 52 % Say neighbors are friendly

  • 50 % Say people would walk alone at night

  • 40 % Say there are community events

  • 33 % Say there's holiday spirit

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 242 Island Dr

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Off Market Homes Near 242 Island Dr

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