$211,000
12500 Melville Drive 211B, Montgomery, TX, 77356
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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!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Montgomery
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