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Days35Days on Market
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$35,000

504 Cedar, Megargel, TX, 76370

$45,500 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
price_per_sqft$19.32 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Cooktop

Exterior

Lot Size6,996 sqft

Building Information

Year Built1920

Land Information

APN7573
Lot Number1-12
Land UseResidential
Legal DescriptionLTS 1-12 BLK 49 MEGARGEL*
Census Tract020200
Assessed Land Value$3,000
Assessed Improvement Value$32,130
Assessment Year2025

About this property

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.

Investor Tools

$0Estimated Mortgage Balance
$103,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$45,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$618 /month
Positive
Cash Flow Estimate:
$206 /month

Interested in this property?

Callie Hicks

Everlong Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$388
$35,130
2025
$3,000
$32,130
$35,130
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
$388
$35,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$103,000
100%
0%
$0/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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504 Cedar | Property Details | No Agent List