$14,000,000 for Sale

1 waterwood, huntsville, TX 77320

Beds 0 Baths 0 242.00 Acres 1 of 27
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.
General Information
Sale Price: $14,000,000
Status: Active
MLS#: 84493956
City: huntsville
Post Office: huntsville
Schools: 101 - coldspring-oakhurst consolidated
County: San Jacinto
Subdivision: waterwood
Acres: 242
House Size:
Acreage: 242 est.
Year Built: 0
Property Type: Country Homes/Acreage
Features & Room Sizes
Paved Road:  Asphalt
Garage:  No Garage
Basement:  No
Waste:  Water District
Watersource:  Water District
Tax, Fees & Legal
Est. Winter Taxes:  $1,427
HOA fees: 
Legal Description:  A239 ISSAC PRATER, TRACT 2.5, 2.6, 2.7, ACRES 87.942

Copyright © 2023 Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified Listing By: Alfred Rincon of Keller Williams Advtge Realty, Phone: 936-525-3200
(361) 386-0572 Call Kathy Tullis for more information about this property.

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Kathy Tullis
(361) 386-0572

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This Home located at
1 waterwood, huntsville TX 77320
is currently for sale priced at $14,000,000 and was listed on June, 22, 2021 and has been on the market for 715 days and was last updated on May, 24, 2023.

1 waterwood has 0 bathrooms, and approximately . This home is in the 101 - coldspring-oakhurst consolidated school district with 242 acres and was built in 0. 1 waterwood is in the 77320 ZIP Code area of huntsville.

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