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$206,000

NAL Estimated Property Value

12500 Melville Drive 221B, Montgomery, TX, 77356

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths720 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$193.75 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1
Roof Type127

Land Information

APN9455-97-01500
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG A UNIT 205
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$157,801
Assessment Year2025

About this property

Discover easy lake living in this beautifully maintained 1-bedroom, 1-bath, 2nd-floor condo with serene views of pool and lake. Fully furnished and move-in ready, this home offers comfort and convenience with numerous upgrades. Enjoy the elegance of plantation shutters, a replaced bedroom window, and an updated electrical panel for peace of mind. Relax on your private balcony or take in the scenic views just steps from the water—perfect for morning coffee or evening sunsets. Whether you’re seeking a weekend retreat or a carefree full-time residence, this condo makes lake life effortless—just add water!

Investor Tools

Property Icon
$206,000
Estimated Property Value
$152,884Estimated Mortgage Balance
$53,116Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$212/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,397
$192,801
2025
$35,000
$157,801
$192,801
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,397
$192,801

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens Bank Na
Conventional
$154,000
No
First
Dec 22, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,884
$53,116
25%
74%
$924/mo

City: Montgomery

12500 Melville Drive 221B | Property Details | No Agent List