1 Waterwood
Huntsville, TX 77320
242.00 acres | #84493956
Description
The Waterwood Project includes 242 acres of land adjacent to Lake Livingston. The property includes a 9.5 acre Marina, 204 acre Golf Course, 21 acre Camp Ground, and 7.5 acre Residential Tract. Waterwood has direct access to Lake Livingston. The Marina may be enhanced to include boat launch facilities, store, fuel, RVs, 100 boat slips, dining, PWC rentals, 100 RV sites, and picnic area. Estimate $3.5 capital investment, w/$989k NOI. Golf Course Options A)Renovate and Open. Estimate $2.5 - $3.4 million for the reno, $2 million revenue, NOI of $220k in year 1, escalating to $1.2 in years 5+. B)Reconfigure the waterfront acreage to accommodate up to 30 waterfront and 12 waterview homes. At a price range between $600k - $800k, total revenue estimates = $31 Million. The 21 acre Pools Creek Camp Ground facility. Estimated 300 RV spaces NOI of $1,500,000. 1600' of frontage on Hwy 980. The 7 acre frontage on Country Club Drive were originally platted for Luxury Townhomes.
Property Details
- School District101 - Coldspring-Oakhurst Consolidated
- High SchoolCOLDSPRING-OAKHURST HIGH SCHOOL
- Elementary SchoolJAMES STREET ELEMENTARY SCHOOL
- Middle SchoolLincoln Junior High School
- Property SubtypeCountry Homes/Acreage
- Lot Description50 or more Acres
- Utility SourceWater District
- Date ClosedJune 01, 2023
- CountySan Jacinto
- SubdivisionWaterwood
- Property TypePurchase
- MLS #84493956
- Cost14000000
- MLS #84493956
- Taxes Annual$1,427
- Bathrooms0.00
- Acres242
Location
Legal
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Last Updated: . Source: HARMLS
Listing Courtesy
Listing Agent: Alfred Rincon (#arincon)
Listing Office: Keller Williams Advantage Realty (#KWLC01)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
