Home Insurance in Megargel, Texas
The typical home in Megargel was built around 1956. About 58% of homes were built before 1960, about 36 points above Archer County's 22%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
Housing in Megargel breaks down to 94% single-family homes and 1% apartments in buildings with 5+ units.
In Megargel, about 10% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Megargel has an owner-occupancy rate of 76% and a vacancy rate of 38%; unoccupied homes typically need a different coverage form.
In Megargel, 79% of homes are primarily heated with natural gas.
What's the biggest home insurance risk near Megargel? FEMA's National Risk Index points to wildfire (Relatively Low) in Archer County and Archer County had 40 active NFIP flood policies as of September 2026. See the full Archer County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Texas is $2,864 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median year built | 1956 |
|---|---|
| Owner-occupied share | 76% |
| Share of owner-occupied homes with a mortgage | 10% |
| Top county hazard | Wildfire (Relatively Low) |
| Active NFIP policies in Archer County | 40 |
| Home insurance premium | $2,864 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)