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$104,508

NAL Estimated Property Value

12600 Melville Drive 208A, Montgomery, TX, 77356

$124,334 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$139.71 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Dishwasher, Disposal, Microwave, Electric Range, Double Oven, Electric Oven
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built1974
Stories1
Roof Type127

Land Information

APN9455-99-21600
SubdivisionWalden Lodge Bldg B
Land UseResidential
Legal DescriptionS945599 - WALDEN LODGE BLDG B, UNIT 216
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$69,508
Assessment Year2025

About this property

Looking for a million dollar view of Lake Conroe, less than 5 minutes from the newly opened Magaritaville Resort? Look no further! This AMAZING condo has it all! Breathtaking view of the lake, upgrades galore including gorgeous new vinyl plank flooring, designer paint in grey tones, great window treatments...furniture negotiable with full priced offer. Overnight boat parking available. AirBnB and VRBO rentals are allowed! Rent it part of the time and make this unit pay for itself! This area is BOOMING, don't miss your chance to get in at this price point!

Investor Tools

Property Icon
$104,508
Estimated Property Value
$0Estimated Mortgage Balance
$104,508Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$124,333
Rent-to-Value Ratio: 0.72%
Rent Estimate
$627 /month
Positive
Cash Flow Estimate:
$209 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,780
$104,508
2025
$35,000
$69,508
$104,508
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,780
$104,508

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$104,508
100%
0%
$0/mo

City: Montgomery

12600 Melville Drive 208A | Property Details | No Agent List