c.1920 Three Bedroom Oklahoma Handyman Special Bungalow $59K
OHU50K Notesย ย $59,000
c.1920 Three Bedroom Oklahoma Handyman Special Bungalow. I can see so much potential in this fixer upper.

Realtor Comments
This three-bedroom, two-bathroom home includes a large living room plus a den, providing multiple living areas. Additional spaces include a separate dining room and a huge laundry room, along with a covered front porch that adds character to the exterior and offers an inviting area to sitย and relax outside. A versatile room with abundant natural light could serve as a sunroom or office, offering flexibility for various uses. This residence has a lot to offer with multiple rooms and functional, yet flexible, spaces to make the home your own. Contact us today to schedule a viewing and discover the potential this property offers with its solid layout and convenient location. This is a Fannie Mae HomePath property. First Time Buyers, complete the HomePath Ready Buyer homeownership course. Attach certificate to offer up to 3% closing cost assistance. Check for more details. Restrictions apply.ย
- 3 bed
- 2 bath
- 2,112 sqft
- Build date 1920
405 W Central Blvd, Anadarko, OK 73005ย ย $59,000
- Contact Realtor: Barry Ezerski
- Google Map
- Niche
Pros of Anadarko, OK
1. Very low cost of living (biggest advantage)
- Cost of living index โ 77 (about 23% below U.S. average)
- Ranked among the cheapest places in Oklahoma
- Median home value around ~$69K
ย This is extremely affordable, even compared to many rural towns
2. Cheap housing & rent
- Median rent around $700โ$725/month
ย Easy entry into homeownership or low monthly expenses
3. Small-town, quiet lifestyle
- Population around 5,600 people
- โSparse suburbanโ feel with space and a tight-knit community
ย Good if you want:
- Less noise
- Slower pace
- Familiar community feel
4. Basic livability is decent
- Overall livability scores are above average for its size
ย Covers the basics reasonably well (cost, schools, general quality of life)
5. Cultural identity
- Known as a center for Native American heritage (Kiowa, Apache, etc.)
ย Adds a unique cultural element compared to many similar towns
ย Cons of Anadarko, OK
1. High crime (major drawback)
- Crime rate about 47% higher than U.S. average
- Safety ranking: among the least safe cities in Oklahoma and the U.S.
- Some estimates show even higher relative crime levels depending on method
ย This is one of the biggest concernsโespecially property crime
2. High poverty rate
- Poverty rate around 27โ28%
ย Thatโs more than double the U.S. average, indicating:
- Economic struggles
- Limited upward mobility
3. Weak job market
- Unemployment around 7.6%
- Median income about $43K
ย Jobs are limited and wages are relatively low
4. Small town limitations
ย Expect:
- Few restaurants or entertainment options
- Limited healthcare and services
- Small social/dating pool
5. Population decline
- Population has been shrinking in recent years
ย Can lead to:
- Fewer businesses
- Less investment
- Slower growth
6. Education & economic challenges
- Lower rates of higher education attainment and income growth
ย Can affect long-term opportunities, especially for younger residents
7. Typical Oklahoma climate
- Hot summers, storms, and tornado risk (regional reality)
ย Weather can be a lifestyle factor
ย Bottom line
Anadarko is a good fit if you want:
- Extremely low cost of living
- Cheap housing
- Quiet, small-town environment
- Strong local cultural identity
It may NOT be great if you want:
- Safety consistency
- Career opportunities or higher income
- Amenities or entertainment
- Long-term economic growth
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