This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
$35,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/9
Property Description
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 this property. If you've been looking for a fixer-upper, investment opportunity, or project property with land and potential, this may be the one.
Full Property Details
Full Property Details for 504 Cedar
General
- Price: $35,000
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21268922
- Updated: Today (5/13/2026)
- Added to Site: Today
Interior
- Interior Features: Open Floorplan
- Appliances: Electric Cooktop
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Carports: Yes
- Carport Spaces: 2
- Covered Spaces: 2
- Parking Features: Carport
Location
- County: Archer
- Subdivision: MEGARGEL
- Driving Directions: From Olney head West and go down past Megargels Pit Stop, turn right then make another right.
School Information
- Elem School District: Olney ISD
- Midd School District: Olney ISD
- High School District: Olney ISD
- Elementary School: Olney
- High School: Olney
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
Utilities
- Water: Public
- Utility Description: Water Available
Structural Information
- Property Detached: Yes
- Architectural Style: Farmhouse
- Structure Type: House
- Detached/Attached: Detached
- Construction: Aluminum Siding
- Roof: Metal
- Stories/Levels: 1
- Living Area: 1,812 Sq. Ft.
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,969.6
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Terms: Cash
Disclosures and Reports
- Property ID: 7573
Listed by Everlong Realty, Callie Hicks
Get Pre-Approved Today
Schools
Schools serving 504 Cedar
School District:Olney Independent School District
| Name | Grades | Distance |
|---|---|---|
Olney Elementary School 801 West Hamilton Street, Olney, TX 76374 | PK-5 | 11.6 mi |
Olney J High School 300 South Avenue H, Olney, TX 76374 | 6-8 | 11.6 mi |
Olney High School 704 West Grove Street, Olney, TX 76374 | 9-12 | 11.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 504 Cedar
Date
Details
Price
Change
Source
5/13/2026
Listed
$35,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 504 Cedar
Year
Property Taxes
Change
Tax Assessment
Change
2024
$388
-2%
$35,130
17%
2022
$397
—
$29,930
—
2022
$397
8%
$29,910
14%
2021
$366
—
$26,250
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 504 Cedar
504 Cedar, Megargel, TX 76370 (MLS# 21268922) is a Single Family property with 3 bedrooms and 1 full bathroom. 504 Cedar is currently listed for $35,000 and was received on May 13, 2026. Want to learn more about 504 Cedar? Do you have questions about finding other Single Family real estate for sale in Megargel? You can browse all Megargel real estate or contact a Coldwell Banker agent to request more information.
