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$465,000

NAL Estimated Property Value

306 Fargo St, Houston, TX, 77006

$503,387 ARVInfo
SoldInfo
7/30/26
Beds2 Beds
Baths2 Bath
Baths2,535 Sq Ft
price_per_sqft$185.4 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Refrigerator Included, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,546 sqft

Building Information

Year Built1999
Stories3
Garage Spaces1

Land Information

APN0140530000014
SubdivisionFairview
Land UseResidential
Legal DescriptionTR 1B BLK 1 FAIRVIEW
Census Tract410502
Assessed Land Value$139,320
Assessed Improvement Value$318,327
Assessment Year2025

About this property

Live in the center of it all at 306 Fargo Street, a beautifully updated townhome in the heart of Montrose. With 3 stories, flexible living spaces, and walkability to some of Houston’s favorite restaurants, coffee shops, fitness studios, and nightlife, this home offers the ideal blend of energy and comfort. The dramatic two-story living room is filled with natural light from a wall of oversized new double-pane windows, while hardwood floors, high ceilings, and no carpet create a clean modern feel. The flexible first-floor suite works perfectly as a guest room, home office, or workout space. The kitchen opens seamlessly to the dining and living areas. Upstairs, the spacious primary retreat features a spa-inspired bath, oversized closet, and additional flex space for a lounge or office nook. Major updates include new double-paned windows plus a new AC and heater in 2025. Enjoy easy access to Downtown, Buffalo Bayou trails, Uchi, Cuchara, Montrose Collective, and more. Call for a tour!

Investor Tools

Property Icon
$465,000
Estimated Property Value
$666,306Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$503,386
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
$1,360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,335
$457,647
2025
$139,320
$318,327
$457,647
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,335
$457,647

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$355,000
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$666,306
N/A
0%
143%
$4,258/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$5,618/mo
$-3,658/mo
5.1%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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306 Fargo St | Property Details | No Agent List