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B+
NoAgentList RatingHow are grades calculated?Info
Days27Days on Market
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$215,000

$218,500

12600 Melville Drive 313A, Montgomery, TX, 77356

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths901 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$238.62 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony, Boat Slip, Dock

Building Information

Year Built1974
Stories1
Roof Type127

Land Information

APN9455-98-20100
SubdivisionWalden Lodge Bldg A
Land UseResidential
Legal DescriptionS945598 - WALDEN LODGE BLDG A, UNIT 201
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$65,537
Assessment Year2025

About this property

FURNITURE NEGOTIABLE! Enjoy breathtaking marina and lighthouse views from this beautifully updated waterfront condo on Lake Conroe! Perfect as a short-term rental, weekend retreat, or full-time residence, this fully furnished condo is move-in ready and designed for relaxing lake life. Soaring vaulted ceilings and an open-concept layout create a bright, spacious feel. Features include granite countertops, stainless steel appliances, luxury vinyl plank flooring, tile in wet areas, and a private patio perfect for enjoying sunrise to sunset water views. Located in Walden on Lake Conroe, just a short walk to Lakeview Dining, the community pool, and Breakwater Grill sports bar with outdoor entertainment. The condo complex has applied for a Texas historical grant as the oldest condo community on Lake Conroe, bringing exciting revitalization potential and future value to the area!

Investor Tools

$0Estimated Mortgage Balance
$100,537Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Susan Patton

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
$407/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,698
$100,537
2025
$35,000
$65,537
$100,537
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,698
$100,537

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$100,537
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 Drive 313A | Property Details | No Agent List