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A+
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Days395Days on Market
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$320,000

2020 Cedar St, Megargel, TX, 76370

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,773 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.81 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Dryer, Refrigerator, Washer

Exterior

Lot Size2.03 acres

Building Information

Year Built1980
Garage Spaces2

Land Information

APN7001
Land UseResidential
Legal DescriptionTE&L #2434 A-606*
Census Tract020200
Assessed Land Value$6,080
Assessed Improvement Value$214,400
Assessment Year2025

About this property

This large home has five bedrooms and three and a half bathrooms. A great room is in the center of the home with a loft. This can be used multiple ways including a crafts room or office. A large family room is another nice feature. The kitchen opens up to a very specious dining room with fireplace. Another smaller kitchen is located in a sunroom at the back of the house. Two car garage opens into an extra large laundry room. The property is on a little over two acres with a pond. Country living with town conveniences. Would make a great family home or hunting retreat. Megargel is a quiet little town with great schools, hospital, churches, and grocery store within 5-10 minutes.

Investor Tools

$61,867Estimated Mortgage Balance
$245,254Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Kelli Cuba

Team Legacy Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,614
$220,480
2025
$6,080
$214,400
$220,480
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,614
$220,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$68,400
No
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,867
$245,133
79%
20%
$411/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Megargel

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2020 Cedar St | Property Details | No Agent List