TX
San Jacinto
Huntsville
77320
1 Waterwood
1 Waterwood, Huntsville, TX 77320
Listing Type
farm
Listing Status
active
26
$14,000,000

Home Details for 1 Waterwood

Price
$14,000,000
Type
Country Homes/Acreage
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Lot size acres
242
County
San Jacinto
Garage
Days on site
1089
MLS Listing#
84493956
Listing courtesy: Keller Williams Advantage Realty - 936-525-3200
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.

Property Features
    School Information
    School Information for 1 Waterwood, Huntsville, TX 77320
    Elementary School
    JAMES STREET ELEMENTARY SCHOOL
    Middle School
    LINCOLN JUNIOR HIGH SCHOOL
    High School
    COLDSPRING-OAKHURST HIGH SCHOOL
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    Last Updated: 2024-06-14 22:17:15
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    EXIT REALTY 360
    1990 Country Place Pkwy #110, Pearland, TX 77584
    EXIT Realty 360. 713-987-7000
    Eddie Parker
    Franchisee
    Office
    713 987 7000
    Agent
    281 831 3080
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