We present results from a study of the non-nuclear discrete sources in a sample of three nearby spiral galaxies (NGC 4395, NGC 4736, and NGC 4258) based on XMM-Newton archival data supplemented with Chandra data for spectral and timing analyses. A total of 75 X-ray sources has been detected within the D 25 regions of the target galaxies. The large collecting area of XMM-Newton makes the statistics sufficient to obtain spectral fitting for 16 (about 20%) of these sources. Compiling the extensive archival exposures available, we were able to obtain the detailed spectral shapes of diverse classes of point sources. We have also studied temporal properties of these luminous sources. 11 of them are found to show short-term (less than 80 ks) variation while 8 of them show long-term variation within factors of ∼ 2 to 5 during a time interval of ∼ 2 to 12 years. Timing analysis provides strong evidence that most of these sources are accreting X-ray binary (XRB) systems. One source that has properties different than others was suspected to be a Supernova Remnant (SNR), and our follow-up optical observation confirmed it. Our results indicate that sources within the three nearby galaxies are showing a variety of source populations, including several Ultraluminous X-Ray Sources (ULXs), X-ray binaries (XRBs), transients together with a Super Soft Source (SSS) and a background Active Galactic Nucleus (AGN) candidate.