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