Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$260,000

12800 Melville Drive B109, Montgomery, TX, 77356

$261,244 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,024 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.34 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1996
Stories1
Roof Type105

Land Information

APN9256-00-02700
SubdivisionThe Point At Walden
Land UseResidential
Legal DescriptionS925600 - THE POINT AT WALDEN, BLDG A UNIT 213
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$225,000
Assessment Year2025

About this property

Professional photos coming soon. Great view of Lake Conroe from back patio. Across from Yacht Club and restaurant. furnished. New blinds to be installed on sliding doors. Split floor plan with family space open to dining room and kitchen. Unit has been remodeled with lighted cabinets in dining area. Storage room in underground parking area.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$0Estimated Mortgage Balance
$160,640Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$261,243
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$523/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,974
$260,000
2025
$35,000
$225,000
$260,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,974
$260,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$115,200
No
First
Jun 28, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$99,360
$160,640
61%
38%
$691/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

12800 Melville Drive B109 | Property Details | No Agent List