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$222,000

NAL Estimated Property Value

3900 Aspen Dr # 106, Montgomery, TX, 77356

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths880 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$270 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer
FlooringVinyl

Building Information

Year Built1984
Roof Type105

Land Information

APN9257-00-01600
SubdivisionThe Cove At Walden
Land UseResidential
Legal DescriptionS925700 - THE COVE AT WALDEN, BLDG A UNIT 106
Census Tract694305
Assessed Land Value$24,000
Assessed Improvement Value$185,900
Assessment Year2025

About this property

Fully renovated & furnished waterfront condo in The Cove and the highly desirable Walden community! This ground-level unit offers breathtaking lake views, a private balcony that opens to a lush green space, boat tie-ups, and direct lake access plus it’s just steps from the gated Walden boat ramp. Inside, over $70K in upgrades shine with luxury vinyl plank flooring, fresh paint, recessed LED lighting, modern ceiling fans, and solid-core doors. The open kitchen boasts soft-close cabinets, butcher block counters, subway backsplash, Samsung stainless steel appliances, and under-cabinet lighting. Both bathrooms are beautifully updated with glass-door showers, vanities, tile, and fixtures. Additional features include tankless water heater (2022), HVAC (2019), stackable washer/dryer, custom storage, and more. Investor-friendly with short & long-term rentals permitted. Sold fully furnished—move-in ready for lakeside living or rental income opportunity! You have to come see it!

Investor Tools

Property Icon
$222,000
Estimated Property Value
$186,903Estimated Mortgage Balance
$35,097Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,426 /month
Positive
Cash Flow Estimate:
$475 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,989
$180,000
2025
$24,000
$185,900
$209,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,989
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$188,000
No
First
Oct 6, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,903
$43,097
18%
84%
$1,251/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.

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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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3900 Aspen Dr # 106 | Property Details | No Agent List