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$211,000

NAL Estimated Property Value

12500 Melville Drive 319B, Montgomery, TX, 77356

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,112 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$115.02 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1
Roof Type127

Land Information

APN9455-97-01000
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG A UNIT 110
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$157,958
Assessment Year2025

About this property

Stunning 2/2 condo in Walden on Lake Conroe. This condo has been totally remodled & everything in it has been updated! Get ready to fall in love! It is amazing & turnkey! Ref., washer & dryer stay & water, sewer & trash are incl. in monthly maint. Soaring ceilings & picture windows make for amazing views off your balcony overlooking the brook & pool & just around the corner is Lake Conroe. Balcony storage room also converts to workshop, Beautiful wood floors throughout, wood feature wall, SS appliances, concrete counters, custom bar w/additional storage, custom floating stairs to upstairs master, oversized master suite has built in storage, walk-in shower, walk-in cedar closet & more storage behind master bath, remodeled laundry rm has full size washer & dryer, both baths updated w/high end products. Complex has a pool & as homeowners other amenities include tennis, fitness center, huge waterside pool by Yacht club, 2 boat ramps, kids parks & dog parks!

Investor Tools

Property Icon
$211,000
Estimated Property Value
$0Estimated Mortgage Balance
$211,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,266 /month
Positive
Cash Flow Estimate:
$422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$268/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,400
$192,958
2025
$35,000
$157,958
$192,958
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,400
$192,958

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$211,000
100%
0%
$0/mo

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.

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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 319B | Property Details | No Agent List