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$152,000

NAL Estimated Property Value

12100 Melville Drive 902I, Montgomery, TX, 77356

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths964 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$75.62 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven

Building Information

Year Built1977
Stories1
Roof Type127

Land Information

APN9455-96-02900
SubdivisionWalden Marine Vistas
Land UseResidential
Legal DescriptionS945596 - WALDEN MARINE VISTAS, BLDG D UNIT 405
Census Tract694305
Assessed Land Value$25,000
Assessed Improvement Value$73,765
Assessment Year2025

About this property

Here is your opportunity to live the Lake Conroe lifestyle! This 2 bedroom, 2 bath unit just had NEW HVAC UNIT INSTALLED, has been professionally cleaned and is adjacent to Walden Marina. Marina Vista Condos have shared bulkhead with temporary tie-ups and direct access to Lake Conroe. Sparkling community pool for those hot afternoons, and all the amenities Walden has to offer: fitness center, racquet club, Walden Yacht Club pool and restaurants, 2 gated boat ramps for Walden owners, trails throughout the neighborhood, dog park and playground. No restrictions on short term rentals so CAN BE USED AS A VACATION RENTAL!

Investor Tools

Property Icon
$152,000
Estimated Property Value
$0Estimated Mortgage Balance
$152,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$80/month
$265/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$196
$78,408
2025
$25,000
$73,765
$98,765
No

Tax History

Year
Tax Paid
Assessed Value
2024
$196
$78,408

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$152,000
100%
0%
$0/mo

City: Montgomery