B+

NoAgentList RatingHow are grades calculated?

281Days on Market

1view

$325,000

12800 Melville Dr # 110, Montgomery, TX, 77356

On Market

2 Beds

2 Bath

1,024 Sq Ft

Condos / Townhouses

$317.38 / sqft

Built in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Heating Central

Cooling

AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Microwave, Electric Range, Electric Oven, Washer/Dryer Stacked, Washer/Dryer

FlooringTile

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1996

Stories1

Roof Type105

Garage Spaces1

Land Information

APN9256-00-05200

SubdivisionThe Point At Walden

Land UseResidential

Legal DescriptionS925600 - THE POINT AT WALDEN, BLDG B UNIT 110

Census Tract694305

Assessed Land Value$35,000

Assessed Improvement Value$277,431

Assessment Year2025

About this property

Experience luxury lakefront living in this beautiful 2BR/2BA condo at The Point at Walden on Lake Conroe, can be vacant or fully furnished. Renovated with high-end finishes including stainless-steel appliances, granite countertops, custom cabinetry, tile flooring, window shutters & modern fixtures. The kitchen features a breakfast bar with wine fridge, waterfall island & in unit stackable washer/dryer. The primary suite offers a large walk-in shower, while the secondary bedroom & full bath with shower/tub combo provide privacy via a split floorplan. This condo INCLUDES covered garage parking & private storage with access to private pool, boat slips. From your tiled balcony, take in stunning views of the lake & Walden Yacht Club. Located just steps from all Walden has to offer: Yacht Club dining, lap pool, fitness center, tennis, pickleball, golf, dog parks & 2 boat launches. Ideal as a full-time residence, weekend getaway, or short-term rental.

Investor Tools

$270,661Estimated Mortgage Balance

$42,208Estimated Equity

13% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

Interested in this property?

Jennifer Guinn

Berkshire Hathaway HomeServices Premier Properties

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$648/month

$459/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,217

$312,431

2025

$35,000

$277,431

$312,431

Tax History

Year

Tax Paid

Assessed Value

2024

$6,217

$312,431

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$280,750

First

May 30, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$270,661

$41,770

13%

87%

$1,684/mo

Learn About the Market: Opportunity in Texas

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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.

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