Property Attributes
- MLS#21272861
- TypeSingle Family
- Listing Status Active
- CountyARCHER
- CityMegargel
- NeighborhoodMeg
- Zip76370
- StyleFarm/Ranch
- Year Built1950
- Price$ 48,000
- Bedrooms5
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1792
- Lot Size0.1607 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
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!
| Elementary School |
|---|
| Olney Elementary School |
| Price History | |
|---|---|
| 5/16/2026 | Listed $50,000 |
| 9/10/2026 | 4$48,000 |
General Features
| Utilities | City Sewer,City Water |
|---|---|
| Possession | Closing/Funding |
| Appliances | Gas Oven,Gas Range,Refrigerator |
| School District | Olney ISD |
| Exclusions | SECURITY SYSTEM |
| Year Built | 1950 |
| Levels | One |
| Will Subdivide | No |
| Property Subtype | Farm/Ranch |
| Subdivision Name | MEG |
| Transaction Type | For Sale |
| County | Archer |
| Property Type | Residential |
| HOA Type | None |
| Full Baths | 1 |
| Status | Active |
| Directions | Coming from Olney go West on 114 to Megargel and turn South on FM 210 and go down to Oak and turn West. |
| City | Megargel |
| Elementary School Name | Olney |
| High School | Olney |
| Elementary School | Olney |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21272861 |
| Standard Status | Active |
| Junior High School | Olney |
| Listing Terms | Cash,Conventional |
Interior Features
| Interior Features | Decorative Lighting |
|---|---|
| Living Areas | 1 |
| Room Count | 2 |
| Lock Box Type | Combo |
| Total Bedrooms | 5 |
| Total Baths | 1 |
Exterior Features
| Parking Features | Additional Parking |
|---|---|
| Lot Size | Less Than .5 Acre (not Zero) |
| Lot Size Area | 0.1607 |
| Lot Size Units | Acres |
| Structural Style | Farm/Ranch House |
| Lot Size Square Feet | 7000.0920 |
| Lot Size Acres | 0.1607 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
© 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor M&D Real Estate - Forney shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The database information herein is provided from and copyrighted by the North Texas Real