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$160,000

NAL Estimated Property Value

12500 Melville Drive 325c, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths917 Sq Ft
price_per_sqft$191.93 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringCarpet, Vinyl Plank

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1977
Stories1
Roof Type127

Land Information

APN9455-97-03710
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG C UNIT 130
Census Tract694305
Assessed Land Value$5,440
Assessed Improvement Value$154,560
Assessment Year2025

About this property

Modern lake living in this updated 2 bed, 2 bath condominium at Lake Conroe. Enjoy high ceilings, new tile, and the open plan. Admire the peek-a-boo lake and pool views from the balcony while relaxing in the family room. Modern floating media center, easy clean up vinyl plank floors throughout, and organized pantry add convenience. The updated kitchen features a new beverage fridge, quartz counters, open shelving, stainless appliances & bar seating. The whole condo has been freshly painted; new carpet has been added to the stairs. The loft has a lovely view of the community creek. Don't miss the modern washer/dryer combo unit in the main floor bathroom. With access to amenities like boat cleats at the condo grounds, pool & grilling area, a fitness center, walking trails, tennis/pickleball courts, this property offers more than just a place to live-it's a lifestyle. Can be an investment opportunity! Visit today to see if this is the right home/investment for you & send your offer!

Investor Tools

Property Icon
$160,000
Estimated Property Value
$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,260
$160,000
2025
$5,440
$154,560
$160,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,260
$160,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo

City: Montgomery