




$273,000
NAL Estimated Property Value12500 Melville Drive 312B, Montgomery, TX, 77356
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About this property
Welcome to your turn-key short-term rental investment! This remodeled and well-maintained, 2-bedroom, 2-bathroom lake condo with a balcony overlooking beautiful Lake Conroe, comes fully furnished AND includes watercraft equipment. WOW! Run, don't walk to make this one yours. A well-known vacation spot, this complex has many fabulous amenities to attract renters: waterfront pathways, a grilling area, private pool, and a courtyard garden. The condo association covers: water, trash, sewer, & exterior maintenance. In addition, Walden's amenities include: a fitness center, tennis/racquet/pickleball club, hike & bike trails, pools, children's park & soccer fields, dog park, boat launch & fishing piers. Whether you are a new or experienced investor - this ready-to-rent condo is THE perfect investment opportunity! The fun decor and adorable use of space will keep the bookings coming. Check out the photos! Practically everything stays with the property.
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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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