Overview
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!
Mortgage Calculator
Estimate only — contact a lender for actual rates and terms. Property tax estimate based on 2% of purchase price.
Rooms
- Primary Bedroom
- 0 x 0 / 1
- Living Room
- 0 x 0 / 1
- Appliances
- Gas Oven, Gas Range, Refrigerator
- Interior Features
- Decorative Designer Lighting Fixtures
- Utilities
- Sewer Available, Water Available
- Architectural Style
- Farmhouse
- Pool
- None
- Levels
- One
- Stories
- 1
Schools
- Elementary
- Olney (Olney ISD)
- Middle
- Olney (Olney ISD)
- High
- Olney (Olney ISD)
Location
Price & Status History
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change Source: NTREIS #21272861 | $48,000 |
| 5/20/2026 | Listed for sale Source: NTREIS #21272861 | $50,000 |
Nearby Properties
Listed by Callie Hicks · Everlong Realty
Source: NTREIS · MLS#: 21272861
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
© 2026 North Texas Real Estate Information Systems, Inc. All Rights Reserved.