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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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1305 Oak , Megargel, TX 76370
$50,000
Est. Payment: $257.42/mo
5 Bed
1 Bath
1792 Sqft
Status: active | Days on site: 101
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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!

Highlights

Listed by Callie Hicks , Everlong Realty , North Texas Real Estate Information Systems

Property Type

Residential

Lot/Acreage
0.16

Year Built

1950

County

Archer

Neighborhood

Meg

School District

Olney ISD

Listing ID

21272861

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:1
  • Full Bathrooms:1
Appliances:Gas Oven, Gas Range, Refrigerator
Other:
  • Additional:Decorative Lighting, Master on Main

Exterior Features

Lot:Less Than .5 Acre (not Zero)
Parking Features:Additional Parking
Principal Interest
$257
Taxes
$32

Home Price

$50,000

Loan Details

30 yrs
6.674%

Down Payment

20%
$10,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$257.42

Principal

Taxes

Principal Taxes HOA Total
Monthly $257.42 $31.88 $0.00 $289.30
Yearly $3,089.06 $382.50 $0.00 $3,471.56
Total $92,671.82 $11,475.00 $0.00 $104,146.82

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Megargel, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-25T01:22:49.237Z

© 2026 North Texas Real Estate Information Systems