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$159,000

12100 Melville Dr Apt 409, Montgomery, TX, 77356

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths964 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$164.94 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesExercise Room

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APN9455-96-03300
SubdivisionWalden Marine Vistas
Land UseResidential
Legal DescriptionS945596 - WALDEN MARINE VISTAS, BLDG D UNIT 409
Census Tract694305
Assessed Land Value$25,000
Assessed Improvement Value$127,379
Assessment Year2025

About this property

Beautifully renovated ground-floor condo featuring an open floor plan with 2 bedrooms and 2 full baths! Updated throughout with fresh paint, modern flooring, and plush new carpet. Comes fully furnished and turn-key! Enjoy resort-style living near Lake Conroe with access to a golf course, boat slip, scenic trails, parks, and clubhouse amenities.

Investor Tools

Property Icon
$181,000
Estimated Property Value
$0Estimated Mortgage Balance
$181,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

Interested in this property?

Kristen Ward

LMW Property Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
$413/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,277
$152,379
2025
$25,000
$127,379
$152,379
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,277
$152,379

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,000
100%
0%
$0/mo

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: Montgomery

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