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A+
NoAgentList RatingHow are grades calculated? Info

$211,000

12500 Melville Drive 211B, Montgomery, TX, 77356

$274,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,190 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$114.11 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven, Oven
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony

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

Leave the stress of work behind and relax on the shores of Lake Conroe. Turn key: fully furnished and updated! Short/long term rentals allowed! Great investment potential (sleeps 12+). Large bedrooms on each floor provide ample room and huge walk in closets. Enjoy a large, main floor master retreat or maximize rental potential and sleep 4+ on each floor. Vaulted ceilings enhance the open floor plan and highlight the stacked stone fireplace and custom hardwood trim. A stunning granite kitchen with black stainless appliances overlook the waterfront. Updates galore: in unit full sized laundry, iron rails/custom stairs, barn doors, bathroom tile/fixtures, lighting, and more! Must see! Temporary boat tie up in front of unit. HOACIA covers exterior maintenance, insurance, water, on-site and new community olympic pool, tennis club, Walden Yacht Club, marina access, fitness center, and more. Third floor living provides all the views with none of the flooding. Get your slice of heaven today!

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)*
$274,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$505/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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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 211B | Property Details | No Agent List