Location
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!
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!
Property Details
Price:
$50,000
MLS #:
21272861
Status:
Active
Beds:
5
Baths:
1
Type:
Single Family
Subtype:
Farm/Ranch
Subdivision:
MEG
Listed Date:
May 17, 2026
Finished Sq Ft:
1,792
Lot Size:
7,000 sqft / 0.16 acres (approx)
Year Built:
1950
Schools
School District:
Olney ISD
Elementary School:
Olney
High School:
Olney
Interior
Bathrooms Full
1
Interior Features
Decorative Lighting
Number Of Living Areas
1
Exterior
Lot Size Area
0.1607
Financial

See this Listing
Aaron a full-service broker serving the Northern DFW Metroplex. Aaron has two decades of experience in the real estate industry working with buyers, sellers and renters.
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Similar Listings Nearby
Community
- Address1305 Oak Megargel TX
- SubdivisionMEG
- CityMegargel
- CountyArcher
- Zip Code76370
Subdivisions in Megargel
Market Summary
Current real estate data for Single Family in Megargel as of Aug 31, 2026
5
Single Family Listed
218
Avg DOM
244
Avg $ / SqFt
$725,000
Avg List Price
Property Summary
- Located in the MEG subdivision, 1305 Oak Megargel TX is a Single Family for sale in Megargel, TX, 76370. It is listed for $50,000 and features 5 beds, 1 baths, and has approximately 1,792 square feet of living space, and was originally constructed in 1950. The current price per square foot is $28. The average price per square foot for Single Family listings in Megargel is $244. The average listing price for Single Family in Megargel is $725,000. To schedule a showing of MLS#21272861 at 1305 Oak in Megargel, TX, contact your Aaron Layman Properties agent at 940-209-2100.

1305 Oak
Megargel, TX




