




$50,000
1305 Oak, Megargel, TX, 76370
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About this property
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!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Megargel
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