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B+
NoAgentList RatingHow are grades calculated?Info
Days73Days on Market
Views4view
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$140,000

12500 Melville Drive 231 C, Montgomery, TX, 77356

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths692 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$202.31 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Tile, Wood

Building Information

Year Built1978
Stories1
Roof Type105

Land Information

APN9455-97-07800
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG B UNIT 220
Census Tract694305
Assessed Land Value$5,440
Assessed Improvement Value$126,740
Assessment Year2025

About this property

Experience the ultimate "permanent vacation" in this chic contemporary condo. Located in the meticulously manicured golf course community of Walden on Lake Conroe, this light and bright home is move-in ready with fresh paint throughout, brand-new window treatments in the living area, & plush new carpet in the primary suite. Relax on your private balcony overlooking the sparkling pool and tranquil canal. Walking distance to Walden’s Lakefront Fine Dining or the lively Breakwater Grill. Steps from premier boating, fishing, and a massive community pool overlooking Lake Conroe. Walden offers an unparalleled amenity package, including a gym, fitness classes, tennis and pickleball courts, a heated exercise pool, and a marina. Enjoy hike and bike trails and a vibrant social calendar packed with community events. Whether seeking a serene weekend retreat or a low-maintenance primary residence, this gem delivers the best of lakefront living.

Investor Tools

$10,946Estimated Mortgage Balance
$140,054Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$906 /month
Positive
Cash Flow Estimate:
$302 /month

Interested in this property?

Naomi Koehl

Keller Williams Advantage Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,560
$132,180
2025
$5,440
$126,740
$132,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,560
$132,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Unknown
$29,250
No
First
Dec 3, 2003
Jan 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,946
$140,054
92%
7%
$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 231 C | Property Details | No Agent List