tomo logo

$499,000

Beds
3
Baths
2.5
sq ft
2,752

3146 Lake Island Dr, Montgomery, TX 77356

3146 Lake Island Dr

Montgomery, TX 77356

  • 51 days on market
This stunning 3-bedroom hm w/ a private study offers breathtaking golf course views from the expansive screened-in porch & large Trex deck—perfect for relaxing or entertaining.Located in the sought-after Walden community,this home provides access to world-class amenities, including the golf course, tennis courts, fitness center, marina, and scenic walking trails. The open floor plan features a gourmet kitchen with a large island, stainless steel appliances, & ample storage. The primary suite boasts a luxurious en-suite bath and a spacious walk-in closet with built-ins. Zoned to one of the nation’s top-rated school districts, the highly acclaimed elementary school is conveniently located within the community—kids can easily bike, ride the golf cart, or walk to school. Enjoy nearby shopping, dining, and lake activities, all while embracing the peaceful, upscale lifestyle Walden has to offer. Don't miss this rare opportunity—schedule your private tour today and make this dream home yours!

Details

Property type

Single Family Residence

Est. home value

$457,706

Lot size

9,601 sq ft

Price per sq ft

$182

Year built

1997

Annual property taxes

$9,011

Monthly HOA fee

$95.83

Price History

02/10/2025
Houston

Houston #66966317

Listed
$499,000
06/15/2021
Houston

Houston #34769837

Removed

Schools & Community

Elementary school: 

MADELEY RANCH ELEMENTARY SCHOOL

Middle school: 

MONTGOMERY JUNIOR HIGH SCHOOL

High school: 

MONTGOMERY HIGH SCHOOL

School district: 

Montgomery

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$194,733
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$264,347
Cash to seller
$194,733

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Commerce Bank

Loan start date

June 2021

Original loan amount

$287,920

Est. remaining balance

$264,347

Interest rate

2.98%

Loan type

Not Provided, 30 year

Seller

Marvin Arthur Magby and Mi Sun Magby

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Houston
$499,900
3 bd
|
2.5 ba
|
2,489 sq ft
|
House

17450 Shadywater Dr, Montgomery, TX 77356

Price drop
Houston
$474,999
3 bd
|
2 ba
|
2,569 sq ft
|
House

2911 Chaucer Dr, Montgomery, TX 77356

Status: Active

Tomo last checked: 04/03/2025 at 11:10 AM

Listing updated: 03/23/2025 at 2:16 PM

Listed by: Kristina Davidson, Executive Real Estate Phone #: (936) 284-2087

MLS: Houston #66966317

Houston logo

Recently listed in Montgomery