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1 Waterwood
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Huntsville, TX 77320
$14,000,000

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.

Lot Information
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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General Description
Property Type
Country Homes/Acreage
House:
No
Status
Active on Market
Lot Size:
10,541,500 Appraisal District
Acres:
242.00
Lot Descr.:
Resort
Subdivision:
Waterwood
Market Area:
Lake Livingston Area
City / Zip:
Huntsville / 77320
Days on Market:
124 day(s)
Room Dimensions
Data are not available ...
Interior Features
Data are not available ...
Exterior Features
Private Pool:
No
Water Sewer:
Water District
Road Surface:
Asphalt
School Information
Elem Sch:
Middle Sch:
Listing Broker: KELLER WILLIAMS SIGNATURE
Request More Information
Provide your contact information to receive more information for this listing.
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Terms of Use
This email may ONLY be used to contact the agent / broker to schedule a showing of the MLS property listing and any other usage is prohibited.
Listing Broker: KELLER WILLIAMS SIGNATURE
Last updated as of: 10/26/2021



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