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$434,000

NAL Estimated Property Value

3142 Lake Island Dr, Montgomery, TX, 77356

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,345 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.32 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Electric Range, Double Oven, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,600 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9455-09-10500
Lot Number63
SubdivisionWalden 09
Land UseResidential
Legal DescriptionS945509 - WALDEN 09, BLOCK 50, LOT 63
Census Tract694306
Assessed Land Value$110,400
Assessed Improvement Value$305,260
Assessment Year2025

About this property

Anyone would call themselves lucky to live in this inviting, pristine one story home on Walden's Prestigious Golf Course with a beautiful serene setting. It boasts curb appeal with it's friendly front porch and Welcomes All with style. Gleaming wood floors are thru out the majority of this home with like new carpet in the bedrooms. With 4 bedrooms, one might opt to use one as a study as is displayed this time. The Formal Dining offers a special place for all to gather. The central Living Room has a stone wall accenting the fireplace. The Chef's Kitchen is freshly updated in Today's Décor and has 2 ovens, exotic granite, pretty back splash, includes the refrigerator and has 2 pantries! The Owner's Suite is quite the retreat with large windows showcasing Nature outside! There is a very convenient screened porch and a large fenced deck beyond for those fun BBQ's, made easy. This home looks like a Model Home! Be prepared to be dazzled. Hurry , it will not last long!

Investor Tools

Property Icon
$434,000
Estimated Property Value
$160,175Estimated Mortgage Balance
$273,825Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,604 /month
Positive
Cash Flow Estimate:
$868 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,001
$395,138
2025
$110,400
$305,260
$415,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,001
$395,138

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Encompass Lending Group Lp
Conventional
$184,500
No
First
Sep 26, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,175
$273,825
63%
37%
$1,107/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Montgomery

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3142 Lake Island Dr | Property Details | No Agent List