Waterfront - Golf Course
Address
1 Waterwood, Huntsville, TX
Price
$ 14,000,000
Property Attributes
- MLS#84493956
- TypeAcreage
- CountySAN JACINTO
- CityHuntsville
- Area64
- NeighborhoodWaterwood
- Zip77320
- Style
- Taxes$ 1427
- Price$ 14,000,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size242 Acres
Data Source:
Houston Association of REALTORS® (HAR)
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.
| Elementary School | Middle School | High School |
|---|---|---|
| James Street Elementary School | Lincoln Junior High School | Coldspring-Oakhurst High School |
| Price History | |
|---|---|
| 6/22/2021 | Listed $14,000,000 |
General Features
| Road Frontage | County Maintained |
|---|---|
| Subdivision | Waterwood |
| County | San Jacinto |
| Tax Rate | 2.4683 |
| Property Type | Country Homes/Acreage |
| Yearly Taxes | 1427 |
| Special Conditions | No Special Conditions |
| Census Tract | 2003 |
| Tax Year | 2020 |
| Completion Date | 2023-06-01 |
| Legal Subdivision | WATERWOOD |
| Status | Active |
| Acres | 242 |
| Directions | 45 N. East on HWY 190. North on Waterwood Parkway for 8 miles |
| City | Huntsville |
| Disclosures | Mud |
| School District | 101 - Coldspring-Oakhurst Consolidated |
| Street Name | Waterwood |
| Geo Market Area | Lake Livingston Area |
| DOM | 1044 |
| Maintenance Fee Y/N | 1 |
| Elementary School | JAMES STREET ELEMENTARY SCHOOL |
| Middle School | LINCOLN JUNIOR HIGH SCHOOL |
| High School | COLDSPRING-OAKHURST HIGH SCHOOL |
| List Type | Exclusive Right to Sell/Lease |
Interior Features
| Total Baths | 0.00 |
|---|
Exterior Features
| Road Surface | Asphalt |
|---|---|
| Private Pool Y/N | No |
| Lot Size Source | Appraisal District |
| Land Use | Resort |
| Water Sewer | Water District |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Acreage Average in 77320
Price
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The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
