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$259,000

NAL Estimated Property Value

12500 Melville Drive 314B, Montgomery, TX, 77356

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,000 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$139 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Range, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Storage, Courtyard

Building Information

Year Built1977
Stories2
Roof Type105

Land Information

APN9455-97-02900
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG A UNIT 309
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$221,449
Assessment Year2025

About this property

Fabulous 2 Bed 2 Bath Lake Front Condo has A Million $$$ View! Located in Walden's Harbour Village on Lake Conroe with View of Walden's Marina Basin, Big Water to 1097 Bridge and Distant Horizon to Lake Conroe's North End National Forest! Relax on Your Shaded Private Balcony Overlooking the Waterfall with Sounds of the Babbling Brook! Clear Bulkhead View from Balcony so you can Keep an Eye on Your Boat and Luxury Toys! Updated Floor Plan with Additional Square Footage in the Spacious Loft which can be Used as a Master Bedroom Suite. New Custom Staircase - Buyer to Finish Steps to Taste. New Carpet in Both Bedrooms. Soaring Ceilings with Wall of Windows for a Light & Bright View! Walden Amenities Include Hike & Bike Trails, Walden Racquet Club & Fitness Facility with Indoor/Outdoor Tennis Plus 2 Boat Ramps, Yacht Club Lakeview Dining and Big Outdoor Swimming Pool! Lots To Do Around Montgomery! You'll Love the Many Conveniences with Area Dining & Shopping! Walk to Elementary School!

Investor Tools

Property Icon
$259,000
Estimated Property Value
$125,822Estimated Mortgage Balance
$133,178Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,612
$256,449
2025
$35,000
$221,449
$256,449
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,612
$256,449

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Financial Services Inc
Conventional
$144,000
No
First
Dec 13, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,822
$133,178
51%
49%
$864/mo

City: Montgomery

12500 Melville Drive 314B | Property Details | No Agent List