Homes for Sale/Fort Bend County/Missouri City/Peninsulas At Lake Olympia Sec 3
Active MLS #84649990 · 500 days on market

2807 Peninsulas Drive

Missouri City, TX 77459
Subdivision  ·  Peninsulas At Lake Olympia Sec 3
List Price
$300,000
Baths
0
Lot
0.34 ac
County
Fort Bend
Tax Rate
2.14%

Schools

§ 03
District
Elementary PALMER EL B
Middle LAKE OLYMPIA MIDDLE D
High LAWRENCE E ELKINS H S CCMR 76% · Grad 97% B
TEA accountability ratings reflect 2024–25 where available. School attendance zones are subject to district redistricting — confirm directly with the district before making a school-based decision.

Overview

§ 01

Beautiful 14,614 Sf. Lake View lot in Peninsulas at Lake Olympia. Build your dream home in this water front lot, as they're not many other lots available in the neighborhood. This water front lot will not last long. Beautiful neighborhood with lots of amenities in Lake Olympia which includes: Marina Club House, docks, walking trails, pools and tennis courts. Award winning Fort Bend school district. Close to tollway for easy access. Don't miss this unique opportunity to build your dream house. Buyers to do their own due diligence in regards to measurement of the lot size, deed restrictions for the construction of the house and the schools.

Features

§ 02

Interior

Not provided

Exterior & lot

  • Cleared
  • Views
  • Waterfront
  • Association

Community

  • Marina
  • Pool
  • Tennis Courts
  • Trails
  • River
  • Water

Property Details

§ 03 · Full MLS record

Property

Property Type Land

Rooms & Baths

Bathrooms (total) 0

Exterior

Pool Features Association
Waterfront Yes
Waterfront Features Lake, Lake Front, Waterfront
View Yes
View Type River, Water

Lot

Lot Size (acres) 0.3355
Lot Size Source Appraiser
Lot Features Cleared, Views, Waterfront

Location

County Fort Bend
MLS Area Major 38
MLS Area Minor Missouri City Area
Subdivision Peninsulas At Lake Olympia Sec 3
Postal Code 77459

Utilities

Water Source Public
Sewer Public Sewer

HOA / Association

HOA Yes
HOA Fee $900
HOA Fee Frequency Annually
HOA Name Lake Olympia Civic
Amenities Marina, Pool, Tennis Courts, Trails

Taxes, Terms & Disclosures

Tax Annual Amount $6,410 <small style="color:#6b7280">· from 2025 county roll</small>
Tax Year 2025 (county roll)
Tax Rate (est.) 2.14%
Parcel # 6560-03-004-0250-907
Legal Description PENINSULAS AT LAKE OLYMPIA SEC 3, BLOCK 4, LOT 25
Listing Terms Cash, Conventional
Disclosures Municipal Utility District Disclosure

MUD Disclosure (§49.452)

§ 03 · Data moat
● §49.452 Notice
Not in archive
This MUD is not yet in our §49.452 archive. We'll add it on request.

Texas Water Code §49.452 requires districts to publish annual notices with tax rate, bonded indebtedness, and assessed value. Most Harris-area MUDs publish these; a handful managed by Inframark do not.

Request this notice
● What this tells you

The §49.452 notice is the only public document that lists a MUD's exact tax rate, outstanding bond debt, and the assessed value used to compute your taxes — direct from the district, not the MLS. If the district is newer or has more bonds outstanding than its neighbors, your effective tax rate will be higher here than just across the street.

Listing's rolled-up MUD rate 0.3900 Resolved MUD jurisdiction Palmer Plantation MUD 1 Match confidence
● Comptroller-verified financials · FY2024

We don't yet have the §49.452 notice for this district on file, but Texas Comptroller SB 625 financial data is available. Numbers below come from the district's annual SPDPID filing — the same dataset auditors use.

Ad Valorem Rate
0.4100
per $100 assessed
Outstanding Bonds
$0
principal outstanding
Authorized Debt
$0
total authorized
Comptroller TPID32065122874 Filed underPalmer Plantation Municipal Utility District #1 Total tax rate0.0000 (M/O 0.0000 + I/S 0.0000) Crosswalk methodexact name match

Source: Texas Comptroller SPDPID (SB 625), FY2024 annual filing. The §49.452 notice itself will load here when we obtain the PDF.

Taxes & Cost of Ownership

§ 04
● Estimated monthly payment
$2,335
30-YR FIXED · ADJUST ASSUMPTIONS BELOW
%
%
Principal & interest$1,801 Property tax$534 Homeowners insuranceTBD
Subtotal (P&I + Tax) $2,335
Yearly HOA fee $900

Illustrative only, not a quote. P&I assumes the values entered above. Insurance and HOA dues vary — consult licensed lender and insurance agent for accurate quote.

● Effective tax rate · 3-year history
2.5385%
ALL 6 TAXING DISTRICTS · 2025 BILL
202320242025
MUD
0.39%
→ stable
School
1.06%
→ stable
City
0.57%
→ stable
County
→ stable
Other districts
0.52%
→ stable

HOA & Community

§ 05
● HOA details
$900
ANNUALLY
Association nameLake Olympia Civic Management co. Website Phone Cert on filepending
● Community amenities
park
· 0.2mi
· 0.2mi
Colony Lakes park · 0.9mi
gas_station
Exxon · 0.7mi
Murphy Express · 1.0mi
Valero · 1.1mi
restaurant
Brookstreet BBQ · 0.7mi
Billy's Donuts · 0.8mi
Pizza Hut Delivery · 0.8mi
grocery
Aldi · 1.0mi
Circle K · 1.1mi
· 1.1mi
gym
Life Time · 1.0mi
LA Fitness · 1.6mi
LA Fitness · 2.2mi
bank
Chase · 1.2mi
ATM (Sienna Market & Deli) · 3.4mi
Wells Fargo · 1.3mi

Broadband & Connectivity

§ 06 · Rolled up from MLS
● Max advertised speed at this address
8,000 Mbps
Fiber available · cable ok
Fiber to the Premises
Ezee Fiber
8,000 / 8,000 Mbps
● LOW LATENCY
Fiber to the Premises
Frontier
7,000 / 7,000 Mbps
● LOW LATENCY
Fiber to the Premises
AT&T
5,000 / 5,000 Mbps
● LOW LATENCY
Coaxial Cable
Xfinity
2,000 / 250 Mbps
● LOW LATENCY
Fiber to the Premises
Hotwire Communications
2,000 / 2,000 Mbps
● LOW LATENCY
Fiber to the Premises
Astound Broadband
1,500 / 1,500 Mbps
● LOW LATENCY
Licensed Fixed Wireless
Verizon
300 / 20 Mbps
● LOW LATENCY
NGSO Satellite
Starlink
280 / 30 Mbps
● LOW LATENCY
+ 6 additional provider(s)

Environmental Risk

§ 08
X
FEMA Zone
Zone X · Minimal risk
Outside 100-year and 500-year floodplains. No flood insurance required by lender.
PANEL 48157C SFHA NO SOURCE 48157C_STUDY1
🌡 Heat days >95°F
72 days/yr above 95°F
Plus 24 days above 100°F. NOAA station records, 2016-2025 average.
🌵 Drought (current)
No drought (D1 or worse)
US Drought Monitor county reading, week of 2026-09-15.
Sources: FEMA NFHL · NOAA GHCN-Daily · EPA AQS · US Drought Monitor. Climate rollup last computed Sep 23, 2026.

Recent Comparable Sales

§ 09
8 comparable sales nearby · sold median $159/SFAddress-level sold detail is available to registered users. Reach out to Allen for the full comparable-sales report.

Subdivision & Master Plan

§ 10
● Master plan
Peninsulas At Lake Olympia Sec 3
TIER: SUBDIVISION
Subdivision name (MLS)Peninsulas At Lake Olympia Sec 3 City · ZIPMissouri City · 77459 CountyFort Bend Listings in subdivision13 Active now2 Sold (last 12 mo)0 Curated amenities60
● Year-built distribution
1995s 1

Fire Protection

§ 11
Nearest station
Missouri City Fire and Rescue Services Station 4
Distance
1.6 mi
Straight-line from listing
ISO rating
Future data point
Avg. response
From incident log (future)

Neighborhood Demographics

§ 12 · Census tract 48157670904 · ACS 2023
Median HH income
$124,633
ACS 2023
Median home value
$352,200
Census self-report
Owner-occupied
96%
1,802 housing units
Bachelor's+
65%
Adults 25+
Median age
41.8
Population 5,149
Work from home
30%
of commuters
Commute 45min+
14%
of commuters
Below poverty
1.2%
tract-level

Amenities & Nearby Places

§ 13

Grocery

Best Indian Grocery & Cafe
0.8 mi · 5 within 1.5 mi

Schools

Palmer Elementary School
0.2 mi · 5 within 1.5 mi

Parks

Kenwick Park
0.2 mi · 5 within 1.5 mi

Restaurants

Center Court Pizza & Brew
0.6 mi · 8 within 1.5 mi

Cafés

Tropical Smoothie Cafe
0.7 mi · 5 within 1.5 mi

Gyms

Ihedigbo Fitness
0.8 mi · 3 within 1.5 mi
Data: Google Places (refreshed every 7 days). Last fetched May 7, 2026.

Location & Neighborhood

§ 13
● This Home
2807 Peninsulas Drive, Missouri City, TX 77459
Fort Bend County · 29.56°N, 95.54°W
park
0.2 mi · 7 within 2 mi
gas_station
Exxon
0.7 mi · 3 within 2 mi
restaurant
Brookstreet BBQ
0.7 mi · 6 within 2 mi
grocery
Aldi
1.0 mi · 3 within 2 mi
Interactive map coming in v0.2 — currently showing schematic placement.
● Listing History
May 12, 2025 Listed $300,000 Raji Gowda
Status change events from HAR MLS (future: full audit trail)
● Disclosures & Attribution
Listed by Raji Gowda · REALM Real Estate Professionals - West Houston
Data provided by Houston Realtors Information Service (HAR MLS). Information deemed reliable but not guaranteed. All measurements, square footage, and school assignments should be independently verified. HAR MLS content last updated Jul 22, 2026.
MLS# 84649990 · LIST DATE: May 12, 2025 · PARCEL: 6560-03-004-0250-907
R
EHO
REALTOR® · Equal Housing Opportunity
HAR.com Copyright © 2026, Houston Realtors Information Service, Inc. Deemed reliable, not guaranteed — independently verify. HARMLS last updated Sep 24, 2026, 4:59 AM CDT. Properties may subsequently be sold or off-market. Equal Housing Opportunity