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$104,508

NAL Estimated Property Value

12600 Melville Drive 229B, Montgomery, TX, 77356

$135,860 ARVInfo
Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,023 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.53 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dryer, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer, Refrigerator
FlooringVinyl

Exterior

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

Completely renovated 2 bedroom, 2 bath condo on Lake Conroe at The Lodge in Walden! This beauty was renovated approximately 3 years ago with all new cabinetry, doors, hardware, molding, fixtures, and flooring. Two new HVACS installed 2020. Both private balconies offer fantastic water views for full time living, a weekend retreat, or short and long term rental property. Most furnishings stay! Can’t do the stairs? No worries. Ride up to the second floor in this building’s elevator. Walden offers 2 boat launches into Lake Conroe, a fitness center, golf, tennis, family park and dog park. The community pools and restaurant are within walking distance.

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)*
$135,860
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$192/month
$495/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 229B | Property Details | No Agent List