B+

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Owner Contacts

$251,000

NAL Estimated Property Value

12565 Melville Dr Unit 225, Montgomery, TX, 77356

Off Market

2 Beds

2 Bath

1,147 Sq Ft

Condos / Townhouses

$113.25 / sqft

Built in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Washer/Dryer Stacked, Washer/Dryer

FlooringLaminate, Tile

Exterior

Private Pool

Exterior FeaturesBalcony

Building Information

Year Built2000

Stories1

Roof Type105

Land Information

APN6464-00-02000

SubdivisionLa Posada At Walden Condominiums

Land UseResidential

Legal DescriptionS646400 - LA POSADA AT WALDEN CONDOMINIUMS, LOT UNIT 225

Census Tract694305

Assessed Land Value$35,000

Assessed Improvement Value$126,067

Assessment Year2025

About this property

Spacious (approx 1147 sq ft) 2 bedroom/2 bath upstairs END UNIT condo in Walden on Lake Conroe. Fantastic floor plan all on one level. These units don't last long! Great kitchen includes refrigerator, walk in pantry, wonderful cabinet & counter space, great wrap around breakfast bar & separate dining room. Living room features a fireplace & no carpet at all - laminate floors through-out except tile in wet areas. Full size stack washer & dryer will remain. Monthly maintenance includes water, sewer, trash, exterior of building (new roof 2019), grounds, complex pool & pest control. Enjoy your private balcony with outdoor storage right off the living room. Condo is walking distance to yacht club, waterside pool (& complex has a pool), Walden marina & Madeley Ranch Elementary! You will love this end unit with extra windows in dining room. Enjoy all of Walden's amenities & live the Lake Coinroe Lifestyle! Spacious for full time living, part-time or vacation get-away!

Investor Tools

$251,000

Estimated Property Value

$78,471Estimated Mortgage Balance

$172,529Estimated Equity

69% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,506 /month

Positive

Cash Flow Estimate:

$502 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$172/month

$250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$814

$161,067

2025

$35,000

$126,067

$161,067

Tax History

Year

Tax Paid

Assessed Value

2024

$814

$161,067

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cornerstone Home Lending Inc

Conventional

$90,000

First

Nov 18, 2019

Dec 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$78,471

$176,529

69%

31%

$540/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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