Lake Homes Realty
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1 waterwood

Huntsville, TX 77320

242 AC LOT
Land
Image 1
Acreage 242
Status Off Market
MLS # 84493956
County San Jacinto
More Info
Category Land
Status Off Market
Acreage 242
MLS # 84493956
County San Jacinto
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+. 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.
Location not available

Exterior Features

  • Construction Single Family
  • Garage No
  • Garage Description
  • Water Public
  • Sewer PublicSewer

Neighborhood & Schools

  • Subdivision Waterwood
  • Elementary School JAMES STREET ELEMENTARY SCHOOL
  • Middle School LINCOLN JUNIOR HIGH SCHOOL
  • High School COLDSPRING-OAKHURST HIGH SCHOOL

Financial Information

  • Parcel ID 89033