ActiveResidential · sale

23 Melbourne Ct

Montgomery, TX 77356

$475,000

  • 3 beds
  • 3 baths
  • 2,523 sq ft
  • 0.23 acres
  • Built 2003

Listed by Vortex Realty · MLS #1993734

23 Melbourne Ct, Montgomery, TX 77356 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 2003.

Property size

0.23 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience the pinnacle of the resort lifestyle in this beautifully maintained, custom one-story home tucked away on a premier cul-de-sac lot. Situated in Bentwater-Lake Conroe's highly sought-after, 1,400-acre premier gated community-this property offers the ultimate blend of peaceful privacy and world-class luxury behind a 24-hour manned entrance. Rare Opportunity: The adjacent vacant lot #2 is also available for purchase at a separate price. Acquire both to create a massive, private estate or simply guarantee lifelong peace and quiet. Living in Bentwater means enjoying unparalleled amenities just minutes from your front door, including 54 holes of championship golf, a yacht club and marina on Lake Conroe, a 10,000 sq. ft. fitness center, a luxury day spa, a premier racquet club, tennis courts, parks, and private guest villas. Don't miss your chance to own this slice of Texas paradise! Inside, the open and airy layout features three spacious bedrooms, 2.5 bathrooms, and a dedicated office space perfect for working from home. The heart of the residence is the large, light-filled kitchen, boasting ample cabinetry and counter space, making it an entertainer's dream. Step outside to the deep covered back porch to enjoy your morning coffee or evening sunsets, overlooking a beautifully manicured backyard that backs directly to a serene, private greenbelt. Mandatory Social Club/Golf Club membership
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THE NEIGHBORHOOD

Explore the location.

23 Melbourne Ct, Montgomery, TX 77356

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2003
Full baths
2
Half baths
1
Cooling
One Central
Heating
Central
Flooring
Carpeting, Ceramic Tile, Wood
Exterior
Brick, Siding
Pool features
None
Subdivision
Bentwater 05
Parcel
2615-05-07400
HOA
POA BENTWATER
HOA amenities
Golf Course, Lake/River Park
Elementary school
Call District
Middle school
Call District
High school
Call District
Annual property tax
$6,386.00
HOA fee
$1,167.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$895.54
Estimated monthly rent$1,979.17
Cap rate2.51%

Annual operating income: $11,934.03

HOA: The listing source reports a $1,167.00 HOA fee, but not a usable payment frequency. HOA costs are not included in this estimate. Choose a monthly amount under Adjust assumptions.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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23 Melbourne Ct, Montgomery, TX 77356 · MLS #1993734

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Listing information

MLS #1993734 · San Antonio Board of Realtors

Listing brokerage: Vortex Realty
Listing agent: Elisa Martinez

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.