WHAT IS A BUYER'S PREMIUM?
Posted on 10/06/2019
Melville Townhomes is a rare chance to own an entire lakeside rental community in one of Montgomery County's most established golf and lake neighborhoods. Eight two-story, 2-bedroom, 2.5-bath townhomes of about 1,417 SF each sit on a 0.71-acre corner site, facing a resort-style pool courtyard.
The property was completely remodeled with new roof, siding, wiring, plumbing fixtures, HVAC, flooring, kitchens and baths. Each unit offers open concept living area, quartz countertops & other high-end finishes. The resort style pool sits in the center of the property with views from each unit. The property is vacant and ready for a new owner's leasing plan.
Walden on Lake Conroe gives residents the lake lifestyle that renters and buyers pay a premium for. Melville Townhomes sits about two blocks from the water, on a paved hike-and-bike trail, with HOA access to boat ramps, a fitness center, courts and pools.
Property Highlights
• 8 Townhome units in 2 two-story buildings, 11,332 SF total
• 2 Bedrooms, 2.5 baths and about 1,417 SF per unit
• Complete renovation: roof, siding, electrical, plumbing fixtures, HVAC, flooring, paint
• Open living and dining areas with a fireplace in every unit
• Quartz countertops, new cabinetry, tiled backsplash and new appliances
• Utility room with washer and dryer connections in each unit
• Separately metered electricity
• Resort-style central pool with spa features, courtyard and barbecue area
• Walden on Lake Conroe amenities include racquet & pickleball courts, fitness center, lap pool, 2-boat ramps, baseball & soccer fields, hike & bike trails
• 16 on-site parking spaces
• Outside the 100-year flood plain (Zone X)
• 8 separate tax parcels, platted as Melville Townhomes Units 1–8
• Vacant: set your own rents, tenant mix and management
• Lender Directed Auction
• Free & Clear Title | No Back Taxes | No Liens | Title Insurance Available
• Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed – Brokers Protected
Location Advantages
• About two blocks south of the shores of Lake Conroe
• Inside Walden on Lake Conroe
• Near Breakwater Grill and Walden's Lakeview dining
• On the paved Walden hike-and-bike trail along Melville, Emerson and Walden Road
• Montgomery ISD schools: Madeley Ranch Elementary, Montgomery Junior High and Montgomery High School
• About 2 miles north of Highway 105 and about 11 miles northwest of downtown Conroe
• Corner site with frontage on two streets
• Outside the 100-year flood plain
Tranzon Asset Advisors of Texas, LLC, # 9008058, Kelly D. Toney, TX Auctioneer #11818, Broker #0421809
10% Buyers Premium based on the high bid and other terms apply.
Property Inspection: Tues 11/11 at 12:00pm - 1:00pm CT
Bidding Closes: Tues 11/17 at 1:00pm CT
Contact Kelly Toney at 713-816-1123 or ktoney@tranzon.com
