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$14,000,000
984 Days Online

1 Waterwood
Huntsville, TX 77320

For Sale|Land|Active
Subdivision:
Waterwood
County:
San Jacinto

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Call Now: 281-391-7653
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281-391-7653
1 Waterwood1 Waterwood1 Waterwood1 Waterwood
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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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Listing Snapshot
Price 
$14,000,000
Days Online 
984 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
242 Acres
Year Built 
N/A
MLS® Number 
84493956
Status 
Active
Property Tax 
$1,427
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 years agoListing first seen online
3 years agoListing updated with changes from the MLS®
General Features
Acres 
242
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Community Features
MLS Area 
64
School District 
101 - Coldspring-Oakhurst Consolidated
Schools
School District
101 - Coldspring-Oakhurst Consolidated
Elementary School
JAMES STREET ELEMENTARY SCHOOL
Middle School
LINCOLN JUNIOR HIGH SCHOOL
High School
COLDSPRING-OAKHURST HIGH SCHOOL
Listing courtesy of Keller Williams Advantage Realty 7135608972

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Neighborhood & Commute
Source: Walkscore
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