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$156,000

NAL Estimated Property Value

12100 Melville Drive 207B, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths964 Sq Ft
price_per_sqft$145.23 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator
FlooringTile

Building Information

Year Built1979
Stories1
Roof Type127

Land Information

APN9455-96-05100
SubdivisionWalden Marine Vistas
Land UseResidential
Legal DescriptionS945596 - WALDEN MARINE VISTAS, BLDG F UNIT 609
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$116,500
Assessment Year2025

About this property

Charming 2 bedroom/2 bath GROUND FLOOR condo in park-like setting on Lake Conroe! Marina Vista has bulkhead access to the lake and temporary tie-ups, right next to the Walden Marina (where you can rent a slip for your watercraft). The Walden Yacht Club and Breakwater Grill, Walden pool, playground, dog park, fitness & tennis center and trailheads are within a few blocks from this unit. Short term rentals are permitted. Stack washer/dryer and refrigerator are included. Very clean and move-in ready!

Investor Tools

Property Icon
$156,000
Estimated Property Value
$114,057Estimated Mortgage Balance
$41,943Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$936 /month
Positive
Cash Flow Estimate:
$312 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$252/month
$284/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,243
$151,500
2025
$35,000
$116,500
$151,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,243
$151,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$117,000
No
First
Dec 31, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,057
$41,943
26%
73%
$702/mo

City: Montgomery

12100 Melville Drive 207B | Property Details | No Agent List