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$211,000

12500 Melville Drive 103A, Montgomery, TX, 77356

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths991 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$131.17 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Tile, Vinyl

Building Information

Year Built1977
Stories1
Roof Type127

Land Information

APN9455-97-01000
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG A UNIT 110
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$157,958
Assessment Year2025

About this property

Offered by Fannie Mae - Enjoy the views of Lake Conroe from this Harbour Village condo. Fabulous views from the living room, kitchen, master bedroom and patios of this first floor unit. 2 bedrooms and 2 baths with updated kitchen, living room and master bath. Condo was remediated and renovated after Harvey. Granite counters, stainless appliances, updated master bath fixtures and cabinets, updated kitchen cabinets and fixtures. Just steps from the pool and charming babbling brook. What a place to spend the weekend or live year round! Other amenities available include Walden Golf Club, Yacht Club and Marina.

Investor Tools

Property Icon
$211,000
Estimated Property Value
$0Estimated Mortgage Balance
$211,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$289/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,400
$192,958
2025
$35,000
$157,958
$192,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,400
$192,958

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$211,000
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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12500 Melville Drive 103A | Property Details | No Agent List