4Days on Market

1view

$385,000

3923 Lakewood Drive, Montgomery, TX, 77356

On Market

Just Added

2 Beds

3 Bath

1,620 Sq Ft

Condos / Townhouses

$237.65 / sqft

Built in 1978

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Dock

Lot Size2,771 sqft

Building Information

Year Built1978

Stories2

Roof Type127

Land Information

APN9455-07-02300

Lot Number5

SubdivisionWalden 07

Land UseResidential

Legal DescriptionWALDEN 07, BLOCK 4, LOT 5

Census Tract694305

Assessed Land Value$55,420

Assessed Improvement Value$282,217

Assessment Year2025

About this property

Beautiful 2-bed RM, 2.5-bath waterfront townhome nestled along the shores of Lake Conroe, ideally located near the Walden Marina & Yacht Club. The living RM features a statement stone floor-to-ceiling fireplace. In the dining room-a wall of windows fills the space w/natural light & stunning waterfront scenery. Thoughtfully designed kitchen w/granite counters, breakfast bar & French door access to the back deck for effortless indoor/outdoor entertaining. Upstairs boasts 2 primary suites (one has a balcony!) each w/it's own ensuite bath. Updates include exterior Hardie, kitchen cabinets, granite counters, engineered wood floors & updated front windows. Enjoy stunning water views, a relaxed lakeside lifestyle, & easy access to boating, dining, & community amenities. Whether as a full-time residence or weekend retreat, this charming townhome offers the perfect blend of comfort & waterfront living in one of Lake Conroe's most desirable communities. Roof (2020) HVAC (2022) PULL FEATURE SHEET

Investor Tools

$337,637

Estimated Property Value

$0Estimated Mortgage Balance

$263,517Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,310 /month

Positive

Cash Flow Estimate:

$770 /month

Interested in this property?

Sarah Conway

Better Homes and Gardens Real Estate Gary Greene - Lake Conroe North

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$676/month

$2,250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,423

$337,637

2025

$55,420

$282,217

$337,637

Tax History

Year

Tax Paid

Assessed Value

2024

$6,423

$337,637

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amegy Mortgage Company Llc

Conventional

$100,000

First

Sep 25, 2014

Oct 2044

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$74,120

$263,517

78%

22%

$0/mo

Learn About the Market: Opportunity in Texas

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 This Area