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$214,900

12600 Melville Drive 214, Montgomery, TX, 77356

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths680 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$316.03 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringLuxury Vinyl Plank, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt In Barbecue, Barbecue, Boat Slip, Courtyard, Dock

Building Information

Year Built1974
Stories1
Roof Type127

Land Information

APN9455-98-21400
SubdivisionWalden Lodge Bldg A
Land UseResidential
Legal DescriptionWALDEN LODGE BLDG A UT 214
Census Tract694305
Assessed Land Value$35,000
Assessed Improvement Value$130,215
Assessment Year2025

About this property

Welcome to lake living in the highly desirable Walden community on Lake Conroe! This completely updated and renovated second floor condo offers beautiful lake views and a move in ready space perfect for a full time residence, weekend getaway, or investment property. Completely renovated in July 2025, the condo combines a fresh, updated interior with the relaxed lifestyle that makes Walden such a sought after Lake Conroe community. Enjoy peaceful views of the water while being conveniently located near the area's dining, recreation, and entertainment. Currently operating as a short term rental, this condo offers plenty of flexibility for its next owner. Continue using it as a rental, make it your own weekend retreat, or enjoy the lake lifestyle year round. The condo is currently fully furnished, and the seller is open to negotiating the furnishings separately from the list price. Whether you're looking for a place to call home, a weekend escape, or an income producing property, this updated Walden condo offers a unique opportunity to enjoy the Lake Conroe lifestyle.

Investor Tools

$158,415Estimated Mortgage Balance
$6,800Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,289 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Parker Kelly

Ebby Halliday Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,145
$165,215
2025
$35,000
$130,215
$165,215
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,145
$165,215

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Purchase Money Mortgage
$161,999
No
First
Jul 2, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,415
$6,800
4%
96%
$972/mo

City: Montgomery

12600 Melville Drive 214 | Property Details | No Agent List