Affordable 3/2 c.1940 Oklahoma Home For Sale Under $50K

$49,900

Offering three bedrooms and two bathrooms, this Oklahoma home provides a flexible foundation for your lifestyle, complete with a versatile second level ripe with endless potential.

Realtor Comments

Come make this charming corner lot home yours! Are you looking for a lovley older home to love and make your own? 423 W. Ponjo in Ft. Cobb is just for you. You are also close to Fort Cobb lake to fish in the evenings or a get away weekend. Call and schedule your showing today.

3bd
2ba
1,680sqft
7,000sqft lot
Circa 1940

More Oklahoma Properties

423 Ponjo Ave, Fort Cobb, OK 73038

If interested in a property, pleases contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

-Contact Realtor: Renee Stallings

Brokered by Century 21 Mosley

-Google Maps

-Niche

The Pros

Exceptional Housing Affordability: Real estate and home prices are drastically lower than the national average, making property ownership, land, and housing very accessible for first-time buyers or retirees.
Proximity to Fort Cobb State Park: One of the town’s biggest assets is its close proximity to Fort Cobb State Park. The massive 4,000-acre reservoir and surrounding park offer fantastic local recreation, including boating, fishing (crappie, bass, and catfish), camping, and an 18-hole golf course.
Low Crime and Small-Town Safety: Violent crime rates are extremely low, and residents experience a safe, tight-knit, rural environment where everyone knows their neighbors.
Rich Local History: The area is steeped in 19th-century frontier history, originating from the historic military post established before the Civil War.

The Cons

Severe Economic and Employment Limitations: Local job opportunities within town limits are sparse, and economic indicators point to a high poverty rate relative to the small population. Many residents must commute for work.
Very Limited Amenities and Shopping: Fort Cobb lacks major grocery stores, large retail options, diverse dining, or nightlife. Residents typically have to drive to larger nearby regional hubs (like Anadarko, Chickasha, or Lawton) for daily essentials, specialized healthcare, or major shopping.
Declining Population & Infrastructure: Like many rural American plains towns, the population has slowly shrunk over decades, meaning municipal resources, commercial infrastructure, and local services are limited.
Harsh Weather Exposure: The flat West-Central Oklahoma terrain leaves the area heavily exposed to high winds, severe summer heat waves, drought risks, and potential tornado activity during storm seasons.