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$259,000

12500 Melville Drive 130C, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths692 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$252.89 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Oven, Refrigerator
FlooringTile

Exterior

Exterior FeaturesStorage, Courtyard

Building Information

Year Built1977
Stories2
Roof Type105

Land Information

APN9455-97-02900
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG A UNIT 309
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$221,449
Assessment Year2025

About this property

Experience your retreat at Walden on Lake Conroe! Discover this refreshed ground-level condo with views of the pool, boardwalk, and canal. The patio has been expanded for optimal outdoor enjoyment. Inside, find wood-look tile flooring, solid wood cabinets, granite countertops, and recent stainless appliances. The kitchen seamlessly connects to the dining/living room. Enjoy convenient in-house washer/dryer connections. Access both Harbour Village and Walden amenities, including golf, tennis, gym, yacht club, pools, parks, trails, and boat ramps. Some amenities will require additional costs.

Investor Tools

Property Icon
$259,000
Estimated Property Value
$0Estimated Mortgage Balance
$133,178Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,612
$256,449
2025
$35,000
$221,449
$256,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,612
$256,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Financial Services Inc
Conventional
$144,000
No
First
Dec 13, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,822
$133,178
51%
49%
$864/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 130C | Property Details | No Agent List