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504 Cedar

Megargel, Texas 76370
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Bed 3

Bed

Bath 1

Bath

SqFt1,812

Sqft

Acres0.16

Acre(Lot)

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 thi s property. If you’ve been looking for a fixer-upper, investment opportunity, or project property with land and potential, this may be the one.

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Detail Ic Property Details

Property Type : Residential

Price : $35,000

AD Id : 78468632

MLS Id : 561766830

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 1,812

Year Built : 1920

County : Archer

Subdivision: Megargel

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0
  • Interior Features

    Open Floorplan

    Appliances

    Electric Cooktop

    Utilities

    City Water
  • Cooling Features

    Window Unit(s)

    Fireplace

    Number of Fireplaces: 0

  • Building Information

    Built Year: 1920 Construction: Aluminum Siding Roof Type: Metal
  • Construction Materials

    Aluminum Siding

  • Lot Information

    Lot Size (Acr): 0.1600 Lot Size Units: Acres Lot Size Square Feet: 6,970
  • Property Information

    SQ ft (Living Area): 1,812 Property Type: Residential Property Sub Type: Single Family Residence Subdivision: MEGARGEL City: Megargel State: Texas Directions: From Olney head West and go down past Megargels Pit Stop, turn right then make another right. Property Status: Active Levels: One Property Age: 106

  • Listing Price Information

    Original List Price: $35,000 List Price Tot SqFt: $19
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 7573

  • Parking Information

    Carport Spaces: 2 Parking Features: Carport
  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Olney High School: Olney Junior High School: Olney School District: Olney ISD
  • Utility Information

    Utilities: City Water
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2020 Cedar Street, Megargel, TX, 76370 $310,000 5 4 3,773 3,773 SqFt
1602 Cedar Avenue, Megargel, TX, 76370 $595,000 4 5 5,413 5,413 SqFt
1602 Cedar Avenue, Megargel, TX, 76370 $595,000 4 5 5,413 5,413 SqFt
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 06/04/2026 @ 00:57

MLS: 561766830 LISTED BY: Callie Hicks, Everlong Realty 940-351-0306 SOURCE: NTREIS - North Texas Real Estate Information

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