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Days38Days on Market
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$125,000

12600 Melville Dr Apt 228, Montgomery, TX, 77356

Under ContractInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.82 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer
FlooringCarpet, Tile

Building Information

Year Built1974
Stories1
Roof Type127

Land Information

APN9455-99-22800
SubdivisionWalden Lodge Bldg B
Land UseResidential
Legal DescriptionS945599 - WALDEN LODGE BLDG B, UNIT 228
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$138,105
Assessment Year2025

About this property

Lake living made easy in this updated 1 bedroom, 1 bath condo in Walden Lodge on Lake Conroe. Located on the second level, this unit features an open kitchen with white cabinetry and granite counters, a spacious living area, and a covered balcony with peaceful views. The primary suite includes an en-suite bath and walk-in style closet space. A rare perk: this unit has a grandfathered-in washer/dryer (under-counter unit in the bathroom), a feature no longer permitted for new installations in the building, making this a truly unique find. Less than 5 year old HVAC and fridge and washer/dryer replaced 2 years ago. Enjoy resort style amenities including a community pool, day dock, and access to Walden's golf course community. Walking distance to Walden Yacht Club and minutes from shopping and dining in Montgomery. Great as a primary residence, weekend getaway, or investment property. Schedule your showing today.

Investor Tools

Property Icon
$173,105
Estimated Property Value
$0Estimated Mortgage Balance
$173,105Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,039 /month
Positive
Cash Flow Estimate:
$346 /month

Interested in this property?

Keith Robertson

Top Guns Realty on Lake Conroe

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$340/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,217
$173,105
2025
$35,000
$138,105
$173,105
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,217
$173,105

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$173,105
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
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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12600 Melville Dr Apt 228 | Property Details | No Agent List