Property Detail

1 Waterwood

Huntsville, United States

$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.

Schedule a Tour Email Agent Email Agent Email a Friend

Photo Gallery View Map

Calculator Print Flyer Share

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

Request More Information

Provide your contact information to receive more information for this listing.

Subject:

First Name:

Last Name:

Email:

Phone:

Comments:

Please limit your comment to 300 characters.

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.

General Description

Property Type

Country Homes/Acreage

House:

Status

Active on Market

Garage:

0 CAR

Lot Size:

10,541,500 Appraisal District

Acres:

242.00

Lot Descr.:

RSORT

Subdivision:

Waterwood

Market Area:

Lake Livingston Area

City / Zip:

Huntsville / 77320

Days on Market:

1029 day(s)

Room Dimensions

Data are not available ...

Interior Features

Data are not available ...

Exterior Features

Private Pool:

Water Sewer:

Water District

Road Surface:

Asphalt

School Information

District:

Coldspring-Oakhurst CISD

Elem Sch:

JAMES STREET

Middle Sch:

LINCOLN JUNIOR HIGH

High Sch:

COLDSPRING-OAKHURST

Listing Broker: KELLER WILLIAMS ADVANTAGE REALTY

Email Listing Broker