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$80,000

12600 Melville Dr Apt 101, Montgomery, TX, 77356

$93,127 ARVInfo
PendingInfo
Beds2 Beds
Baths1 Bath
Baths584 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.99 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Washer/Dryer
FlooringLaminate

Exterior

Lot Size4.19 acres

Building Information

Year Built1974
Stories1
Roof Type127

Land Information

APN9455-98-10100
SubdivisionWalden Lodge Bldg A
Land UseResidential
Legal DescriptionS945598 - WALDEN LODGE BLDG A, UNIT 101
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$71,443
Assessment Year2025

About this property

FIRST FLOOR WATERFRONT…NO STAIRS! This beautifully updated efficiency condo boasts a stunning experience of living on Lake Conroe. Here’s a unique chance: Unit 101A is a cozy studio updated full bath, washer/dryer, with an extra storage closet. Imagine an open-concept design filled with natural light, new Life Proof laminate flooring in the bedroom, fresh paint, crown molding, patios with breathtaking water views. This unique property can be used as a full-time home, weekend getaway, or investment. Close to golf courses, marinas, restaurants, shops, and entertainment venues, community pools, many clubs and organizations to join. 101A HOA fee is $208. This is a TURNKEY Property. Check out the video link!

Investor Tools

$0Estimated Mortgage Balance
$108,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$93,127
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
$542/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$397
$105,974
2025
$35,000
$71,443
$106,443
No

Tax History

Year
Tax Paid
Assessed Value
2025
$397
$105,974

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$108,000
100%
0%
$0/mo

City: Montgomery

12600 Melville Dr Apt 101 | Property Details | No Agent List