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$156,000

NAL Estimated Property Value

3900 Aspen Drive A202, Montgomery, TX, 77356

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths730 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$284.93 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1984
Roof Type105

Land Information

APN9257-00-02600
SubdivisionThe Cove At Walden
Land UseResidential
Legal DescriptionS925700 - THE COVE AT WALDEN, BLDG B UNIT 201
Census Tract694305
Assessed Land Value$9,500
Assessed Improvement Value$133,819
Assessment Year2025

About this property

Lake Conroe Waterfront Condo. Vacation Rentals Allowed. Comes fully furnished and ready to use as a short or long term rental, weekend retreat or full time residence. This tastefully remodeled one bedroom unit is on the second floor with a private covered balcony offering long views of Lake Conroe. The building is equipped with an elevator. The updated kitchen features stainless steel appliances with a wine chiller, butcher block countertops, subway tile backsplash and stainless sink. The large living/dining area has gorgeous wood looking vinyl plank floors throughout, neutral colors, crown molding and a wall of windows across the back to enjoy the views of the lake. The remodeled bath has a new vanity, light fixture and mirror. There's a full sized stackable washer and dryer too. Turn key and ready to go. Take a dip in the complex pool, stroll through the scenic grounds or head down to the waterfront. Enjoy all of the amenities that Walden has to offer. Active on Air BNB.

Investor Tools

Property Icon
$156,000
Estimated Property Value
$108,976Estimated Mortgage Balance
$47,024Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$273/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,635
$143,319
2025
$9,500
$133,819
$143,319
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,635
$143,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Land-Home Financial Services
Fha
$119,790
Yes
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,976
$47,024
30%
70%
$719/mo

City: Montgomery

3900 Aspen Drive A202 | Property Details | No Agent List