$273,000
NAL Estimated Property Value12500 Melville Drive 328C, Montgomery, TX, 77356
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Refrigerator, Electric Cooktop, Electric Oven, Free-Standing Range
FlooringCarpet
Exterior
Exterior FeaturesBalcony
Building Information
Year Built1977
Stories2
Roof Type127
Land Information
APN9455-97-02100
SubdivisionWalden Harbour Vill Condos
Land UseResidential
Legal DescriptionS945597 - WALDEN HARBOUR VILL CONDOS, BLDG A UNIT 301
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$170,513
Assessment Year2025
About this property
Back on the market! Third floor condo with loft is perfect for getting away from it all! Balcony overlooks pool, and boat slips are a short walk from the pool. Includes access to Walden's Yacht Club, gym, and tennis courts. This cozy but airy one bedroom condo features a loft for an office if you have to work or for any other special purpose room. Second full bath on loft level. Balcony lets you enjoy the lake breezes and pool view.
Investor Tools
$273,000
Estimated Property Value
$51,070Estimated Mortgage Balance
$221,930Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$187/month
$289/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$875
$188,034
2025
$35,000
$170,513
$205,513
No
Tax History
Year
Tax Paid
Assessed Value
2024
$875
$188,034
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Monaz Investments Llc
Seller Carryback / Seller Financing / Seller Take-Back
$65,000
No
First
Apr 4, 2016
Apr 2031
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,070
$221,930
81%
19%
$390/mo
