ActiveResidential · sale

201 Lake Walden Cv

Montgomery, TX 77356

$1,174,000

  • 4 beds
  • 3 baths
  • 3,569 sq ft
  • 0.15 acres
  • Built 1995

Listed by Realty One Group Prosper · MLS #ACT4541970

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status

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PROPERTY QUESTIONS & SHOWINGS

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201 Lake Walden Cv, Montgomery, TX 77356 · MLS #ACT4541970

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Your purchase plans

Property inquiries go to help@erabrokers.com.

A FEW THINGS TO NOTICE

What stands out.

Living spaces

The main living area features a wood-burning fireplace and an open layout connecting the living room and kitchen, making it ideal for everyday living and entertaining.

Details worth a look

The upstairs suite offers a private balcony overlooking the water, creating the perfect spot to enjoy morning coffee and peaceful lake views.

Year built

Built in 1995.

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

THE PROPERTY

Get to know the property.

Welcome to lakefront living at its finest! This spacious waterfront home offers a versatile floor plan, thoughtful updates, and the best lake views on Lake Conroe. Recent improvements include a new roof, two newly added sunrooms overlooking the lake, fresh paint throughout, all-new stainless-steel appliances, EV charging in the garage and a generator outlet for added practicality. The home features two primary suites, with one conveniently located downstairs and a second upstairs. The upstairs suite offers a private balcony overlooking the water, creating the perfect spot to enjoy morning coffee and peaceful lake views. Two additional downstairs bedrooms provide flexibility for guests, family, or a home office. The main living area features a wood-burning fireplace and an open layout connecting the living room and kitchen, making it ideal for everyday living and entertaining. A separate family room offers additional gathering space, complete with a wet bar and extra storage. At the rear of the home, two spacious sunrooms provide year-round opportunities to relax, entertain, and take in the lakefront setting. Outdoor and waterfront amenities make this property especially appealing to boating enthusiasts. The recently replaced bulkhead adds peace of mind, while two assigned boat slips—including one covered slip with a new electric lift—make getting out on the water convenient. With its recent updates, flexible living spaces, multiple lake-view areas, and desirable waterfront amenities, this property offers an exceptional opportunity to enjoy lake living with room to gather, relax, and entertain. Don’t miss your chance to own this move-in-ready lakefront property and start enjoying the waterfront lifestyle you’ve been looking for!
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THE NEIGHBORHOOD

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201 Lake Walden Cv, Montgomery, TX 77356

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1995
Full baths
3
Half baths
0
Garage spaces
2
Cooling
Ceiling Fan(s), Central Air, Multi Units
Heating
Central, Electric, Fireplace(s), Wood
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Electric Oven, Free-Standing Electric Oven, Free-Standing Electric Range, Refrigerator, Stainless Steel Appliance(s)
Flooring
Carpet, Tile, Vinyl
Fencing
Partial, Privacy, Wood
Accessibility
See Remarks
Pool features
None
Subdivision
Lake Walden Cove
Parcel
201 Lake Walden Cove
HOA
Lake Walden Cove
HOA amenities
Common Area Maintenance, Landscaping, Maintenance Grounds, Sewer, Trash, Water
HOA fee frequency
Annually
Elementary school
Outside School District
Middle school
Outside School District
High school
Outside School District
Annual property tax
$13,947.20
HOA fee
$3,500.00

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

Investor outlook Rental potential, ownership costs and property management

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$2,082.22
Estimated monthly rent$4,891.67
Cap rate2.38%

Annual operating income: $27,921.59

HOA: Includes $291.67 per month in HOA dues, converted from the $3,500.00 annual fee reported by the listing source.

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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

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Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.

  1. Understand the opportunity.

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  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.

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Stone-front home with a landscaped lawn and central entry
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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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Listing information

MLS #ACT4541970 · Austin Board of Realtors

Listing brokerage: Realty One Group Prosper
Listing agent: Misty Wilson

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.