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$360,000

7309 Fargo Dr, Amarillo, TX, 79118

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,956 Sq Ft
price_per_sqft$184.05 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Range, Microwave, Dishwasher

Exterior

Exterior FeaturesBrick
Lot Size7,841 sqft

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-009-1151-0205
Lot Number5
SubdivisionCity View Estates # 11
Land UseResidential
Legal DescriptionCITY VIEW ESTATES # 11, LOT 005, BLK 0036, 0.1800 ACRES
Census Tract022001
Assessed Land Value$41,164
Assessed Improvement Value$265,126
Assessment Year2025

About this property

Welcome to this beautifully maintained 4-bedroom, 2-bath Montoya Builder home situated on a desirable corner lot in City View. Designed with both comfort and functionality in mind, this home offers an inviting layout that's perfect for everyday living and entertaining. As you step inside, you'll be greeted by a spacious living area highlighted by a beautiful fireplace, creating the perfect place to gather with family or relax after a long day. The open flow between the living room, dining area, and kitchen makes hosting guests or spending time together effortless. The well-appointed kitchen offers abundant cabinetry, generous counter space, and a layout that keeps the cook connected to the heart of the home. The private primary suite provides a peaceful retreat with an ensuite bath and ample closet space, while three additional bedrooms offer flexibility for family, guests, a home office, or hobby space. Every room is thoughtfully designed to maximize comfort and functionality. Step outside to a covered back patio, the perfect spot for morning coffee, weekend barbecues, or evenings spent with friends and family. The corner lot provides additional yard space, curb appeal, and extra privacy, making this property stand out from the rest. Don't miss your opportunity to make 7309 Fargo your new address and be settled in just in time to celebrate the holidays and create lasting memories in your beautiful new home!

Investor Tools

Property Icon
$323,000
Estimated Property Value
$224,000Estimated Mortgage Balance
$118,834Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

Interested in this property?

Lisa Orosco

Moreland Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,017
$306,290
2025
$41,164
$265,126
$306,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,017
$306,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$224,000
No
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,166
$118,834
36%
63%
$1,343/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,343/mo
+$447/mo
6.7%

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: Amarillo

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7309 Fargo Dr | Property Details | No Agent List