Investor special in the heart of Megargel, Texas! Situated on Cedar Street, this approximately 1,800 sq. ft. home sits on 12 spacious fenced lots and is full of potential for the right buyer. Property is being sold AS-IS, and the seller will make no repairs, renovations, cleanup, or improvements.
Owner has completed some touch-ups to the electrical and plumbing, and additional support blocks and beams have been added underneath the home. Home does not currently have gas service. Several window units will remain, along with a newer glass-top stove.
Outside, you’ll find plenty of mesquite trees, covered parking- patio space, and room to make this property your own. Conveniently located within walking distance of the local café. Cash or conventional financing will likely be best for this property.
If you’ve been looking for a fixer-upper, investment opportunity, or project property with land and potential, this may be the one.
For sale
$35,000
504 Cedar St, Megargel, TX 76370
3beds
1,812sqft
Single Family Residence
Built in 1920
6,969 Square Feet Lot
$-- Zestimate®
$19/sqft
$-- HOA
What's special
Newer glass-top stoveSeveral window unitsPlenty of mesquite treesCovered parking-patio space
- 113 days
- 174
- 14
Zillow last checked:
Listing updated:
Listed by:
Callie Hicks 0759104,
Everlong Realty 940-351-0306
Source: NTREIS,MLS#: 21268922
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Level: First
- Dimensions: 0 x 0
Living room
- Level: First
- Dimensions: 0 x 0
Cooling
- Window Unit(s)
Appliances
- Included: Electric Cooktop
Features
- Open Floorplan
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,812 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 7573
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Farmhouse
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Metal
Condition
- Year built: 1920
Utilities & green energy
- Water: Public
- Utilities for property: Water Available
Community & HOA
Community
- Subdivision: Megargel
HOA
- Has HOA: No
Location
- Region: Megargel
Financial & listing details
- Price per square foot: $19/sqft
- Tax assessed value: $35,130
- Date on market: 5/13/2026
- Cumulative days on market: 115 days
- Listing terms: Cash
Estimated market value
Not available
Estimated sales range
Not available
$1,377/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Listed for sale | $35,000$19/sqft |
Source: NTREIS #21268922 Report a problem | ||
| 5/1/2024 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 3/4/2024 | Listed for sale | $35,000$19/sqft |
Source: My State MLS #11255678 Report a problem | ||
| 4/3/2006 | Sold | -- |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $35,130 +17.5% |
| 2024 | -- | $29,910 -0.1% |
| 2023 | -- | $29,930 +0.1% |
| 2022 | -- | $29,910 +13.9% |
| 2021 | -- | $26,250 +9.4% |
| 2020 | -- | $24,000 |
| 2018 | -- | $24,000 |
| 2017 | -- | $24,000 +136.9% |
| 2015 | -- | $10,130 +3.3% |
| 2014 | -- | $9,810 +6.6% |
| 2013 | -- | $9,200 |
| 2012 | -- | $9,200 |
| 2011 | -- | $9,200 |
| 2010 | -- | $9,200 |
| 2009 | -- | $9,200 |
| 2008 | -- | $9,200 |
| 2007 | -- | $9,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 76370
Nearby schools
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.


