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1 Waterwood

Huntsville, TX 77320
  • $14,000,000
  • STATUS: Active
  • ON SITE: 410 Days
  • MLS #: 84493956
UPDATED: 55 min ago
$14,000,000
  • 0
    BEDS
  • 242
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
County:

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.

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© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-07T14:13:22.33.
www.freundgroup.com/homes/118583406
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1 Waterwood Huntsville, TX 77320

  • Price: $14,000,000
  • Status: Active
  • On Site: 410 Days
  • Updated: 55 min ago
  • MLS #: 84493956
0
Beds
0
Baths
0
½ Baths
242
Acres
Neighborhood:
Waterwood
County:
San Jacinto
Area:
64 - San Jacinto County
Elementary School:
James Street Elementary School
Middle School:
Lincoln Junior High School
High School:
Coldspring-Oakhurst High School
School District:
Coldspring-Oakhurst Consolidated
Property 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.
Exterior Features

Acres Description 50 Or More Acres House No Land Use Resort Pool Private No Road Frontage County Maintained Road Surface Asphalt

Property Features

Completion Date 2023-06-01 Country United States Disclosures Mud Fee Other No For Lease No Lot Size Source Appraisal District Lot Value No Maintenance Fee Yes No Yes New Construction No Special Conditions No Special Conditions Tax Amount 1427 Tax Rate 2.4683 Tax Year 2020 Utility District 1 Water Sewer Water District

Listing information © 2022 Houston Association of REALTORS® MLS.
Listing courtesy of Keller Williams Signature.



© 2022 Houston Realtors Information Service, Inc. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-08-07T14:13:22.33.
 
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