For more information on this property, contact Don Hatcher at 9363489977 or dblrealestate@sbcglobal.net

1 Waterwood
Huntsville, Texas TX 77320
Price: $14,000,000
Listing ID 84493956
Status Active
Acres 242

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.

Primary Features

County: San Jacinto
Property Type: Country Homes/Acreage
Subdivision: Waterwood

Interior

External

Acres Description: 50 or more Acres
Pool Private: no
Road Frontage: County Maintained
Road Surface: Asphalt

Location

Area: 64
Geo Market Area: Lake Livingston Area
Parcel Number: 89033
School District: 101 - Coldspring-Oakhurst Consolidated
Elementary School: JAMES STREET ELEMENTARY SCHOOL
High School: COLDSPRING-OAKHURST HIGH SCHOOL
Middle School: LINCOLN JUNIOR HIGH SCHOOL
Subdivision: WATERWOOD
Utility District: yes

Additional

Census Tract: 2003
Disclosures: Mud
Land Use: Resort
New Construction: no
Special Conditions: No Special Conditions

Financial

Compensation Buyer Agent: 3%
Fee Other: no
Maintenance Fee: yes
Tax Amount: 1427
Tax Rate: 2.4683
Tax Year: 2020
Water Sewer: Water District

Zoning Info


© 2022 Houston Realtors Information Service, Inc. 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. All information provided is deemed reliable but is not guaranteed and should be independently verified. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Contact - Listing ID 84493956

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Don Hatcher

1702 E Main St
Madisonville, TX 77864
Phone: 9363489977
Phone Alt: 9363488388
Fax: 9363489979

Data services provided by IDX Broker
{"page":"listing","idxID":"b047","listingID":"84493956","extra":"","printable":"","type":"detailsContact"}
http://www.dblrealestate.com
details.php
http://search.dblrealestate.com
details