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$2,678,000

NAL Estimated Property Value

323 Club Island Way, Montgomery, TX, 77356

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths8,044 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$418.82 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Ice Maker, Convection Oven, Double Oven, Trash Compactor, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier
FlooringCarpet, Marble, Stone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen, Boat Slip
Lot Size14,531 sqft

Building Information

Year Built1994
Stories2
Roof Type112
Garage Spaces2

Land Information

APN2615-08-00800
Lot Number8
SubdivisionBentwater 08
Land UseResidential
Legal DescriptionS261508 - BENTWATER 08, LOT 8
Census Tract694304
Assessed Land Value$408,290
Assessed Improvement Value$2,047,222
Assessment Year2025

About this property

One of a kind, no expense spared, turn key, must see to believe! FINALLY a house that fits the bill. This is a LAKE HOUSE, NOT just another house on the lake. The primary directive when designing this living space was to make the lake the focal point of the home. From the cantilevered dining room, pane glass windows to the NanaWall folding wood and glass walls on the first and second floor that truly open the house up for a real inside/outside living experience. California White Oak wood, San Antonio limestone, Brazilian Granite, Hand-painted glass wall tiles, Honey Onyx, Sapphire Glass, and more. These are just some of the truly unique materials used in the rendering of this home. Outside living space showcases one of a kind boathouse, with 2 boat lifts, 2 jet ski lifts, cement bulkhead, fire pit and upstairs seating area. The pool, the entertainment area, the outdoor kitchen with built in Wolf grill, ice maker, kegerator, refrigerator, pizza oven, thermador oven and so much more.

Investor Tools

Property Icon
$2,678,000
Estimated Property Value
$411,210Estimated Mortgage Balance
$2,266,790Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$20,214 /month
Positive
Cash Flow Estimate:
$6,738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,448/month
$1,186/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$39,981
$2,455,512
2025
$408,290
$2,047,222
$2,455,512
No

Tax History

Year
Tax Paid
Assessed Value
2024
$39,981
$2,455,512

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Allegiance Bank Texas
Unknown
$632,000
No
First
Jul 28, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,210
$2,299,790
84%
15%
$0/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.

Explore Texas Explore This Area
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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323 Club Island Way | Property Details | No Agent List