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$139,900

12565 Melville Drive 224, Montgomery, TX, 77356

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,147 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$121.97 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built2000
Stories1
Roof Type105

Land Information

APN6464-00-01900
SubdivisionLa Posada At Walden Condominiums
Land UseResidential
Legal DescriptionLA POSADA AT WALDEN CONDOMINIUMS, UNIT 224
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$126,067
Assessment Year2025

About this property

Updated 2 bedroom and 2 bath condo in the Walden community. The condo is a short distance from the yacht club, marina, park, racquet club, and fitness center. The condo boasts an updated kitchen with granite counters and stainless trim appliances. The flooring is a stylish laminate throughout the condo. Don't miss this great opportunity to join this incredible community.

Investor Tools

$93,853Estimated Mortgage Balance
$67,214Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$966 /month
Positive
Cash Flow Estimate:
$322 /month

Interested in this property?

William Klingberg

AIM Realty, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,369
$161,067
2025
$35,000
$126,067
$161,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,369
$161,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$105,000
No
First
Dec 15, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,853
$67,214
41%
58%
$630/mo

City: Montgomery

12565 Melville Drive 224 | Property Details | No Agent List