Affordable 5 bedroom homes are hard to find, especially at this price point! Located on a quiet street in Megargel, Texas, this spacious home offers just under 1,800 square feet with plenty of room to spread out both inside and out. Priced competitively at only $50,000, this property has already had quite a bit of work completed by the current owners, making it a great opportunity for a large family, investor, or buyer looking for space on a budget.
Inside, you’ll find a roomy layout with oversized bedrooms, rustic farmhouse-style touches, updated flooring in several areas, and a large open kitchen and living setup with bar seating and unique corrugated metal accents that give the home character. Appliances, including the refrigerator, will convey with the sale. Window units and Dearborn heaters will also remain with the property.
Outside features include a good-sized backyard with chain-link fencing, mature shade trees that provide excellent coverage during the Texas summers, and a peaceful small-town setting. The roof is approximately 4 years old, adding extra value and peace of mind.
If you’ve been searching for an affordable property with space, potential, and recent improvements already started, this one is worth a look!
For sale
$50,000
1305 Oak St, Megargel, TX 76370
5beds
1,792sqft
Farm, Single Family Residence
Built in 1950
7,000 Square Feet Lot
$-- Zestimate®
$28/sqft
$-- HOA
What's special
Chain-link fencingRustic farmhouse-style touchesGood-sized backyardUnique corrugated metal accentsOversized bedroomsBar seatingRoomy layout
- 53 days |
- 247 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Callie Hicks 0759104,
Everlong Realty 940-351-0306
Source: NTREIS,MLS#: 21272861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Appliances
- Included: Gas Oven, Gas Range, Refrigerator
Features
- Decorative/Designer Lighting Fixtures
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,792 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 7,000 Square Feet
Details
- Parcel number: 2436
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Farm, Single Family Residence
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Meg
HOA
- Has HOA: No
Location
- Region: Megargel
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $31,790
- Date on market: 5/16/2026
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional
- Exclusions: SECURITY SYSTEM
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Visit professional directoryEstimated market value
Not available
Estimated sales range
Not available
$1,530/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listed for sale | $50,000$28/sqft |
Source: NTREIS #21272861 Report a problem | ||
| 11/18/2024 | Sold | -- |
Source: Public Record Report a problem | ||
| 8/7/2023 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $29,550 +10% |
| 2024 | -- | $26,860 -23.8% |
| 2023 | -- | $35,250 -15.6% |
| 2022 | -- | $41,790 +7.2% |
| 2021 | -- | $38,970 +93.1% |
| 2020 | -- | $20,180 |
| 2018 | -- | $20,180 -1% |
| 2017 | -- | $20,390 +7.7% |
| 2015 | -- | $18,930 +4.4% |
| 2014 | -- | $18,140 |
| 2013 | -- | $18,140 +9% |
| 2012 | -- | $16,640 |
| 2011 | -- | $16,640 |
| 2010 | -- | $16,640 |
| 2009 | -- | $16,640 |
| 2008 | -- | $16,640 +2.1% |
| 2007 | -- | $16,290 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 76370
Nearby schools
GreatSchools rating
- 7/10Olney Elementary SchoolGrades: PK-5Distance: 11.1 mi
- 8/10Olney Junior High SchoolGrades: 6-8Distance: 11.2 mi
- 6/10Olney High SchoolGrades: 9-12Distance: 11.2 mi
Schools provided by the listing agent
- Elementary: Olney
- High: Olney
- District: Olney ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Texas
- Archer County
- Megargel
- 76370
- 1305 Oak St

