1 Waterwood

Huntsville, TX 77320

$14,000,000
Price
10,541,520 / 242
Lot Size / Acres

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...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.

Property Details for 1 Waterwood

Area
64
Geo Market Area
Lake Livingston Area
Legal Subdivision
WATERWOOD
Subdivision
Waterwood
For Lease
No
School District
101 - Coldspring-Oakhurst Consolidated
Private Pool
No
No Of Garage Cap
0

Location

Listing Courtesy of Keller Williams Advantage Realty, Alfred Rincon, TREC #0525285; Keller Williams Signature, Alfred Rincon II, TREC #0646409
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LISTING UPDATED: 03/03/2024 04:00 PM

Property Details for 1 Waterwood

StatusActive
MLS #84493956
Days on Market1060
Taxes$1,427 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLots
Year Built-
Lot Size242.00 AC
CountySan Jacinto County

Location

Listing Courtesy of Keller Williams Advantage Realty, Alfred Rincon, TREC #0525285; Keller Williams Signature, Alfred Rincon II, TREC #0646409
Add your commute

Building Information for 1 Waterwood

Lot Size242.00 AC

Payment Calculator

$76,523 per month

30 year fixed, 7.25% Interest

Principal and Interest

$76,404

Property Taxes

$119

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1 Waterwood

Description Information
School Details
  • School Elementary: JAMES STREET ELEMENTARY SCHOOL
  • School Middle: LINCOLN JUNIOR HIGH SCHOOL
  • School High: COLDSPRING-OAKHURST HIGH SCHOOL
Building Details
  • House: No
  • New Construction: No
  • Completion Date: 06-01-2023
Lot Information
  • Acres Description: 50 or more Acres
  • Lot Size Source: Appraisal District
  • Parcel Number: 89033
  • Land Use: Resort
Interior Exterior Utilities and Additional Information
Exterior Features
  • Road Frontage: County Maintained
  • Utility District: Yes
  • Water Sewer: Water District
  • 55+ Community: No
Financial Information
HOA and Fees
  • Maintenance Fee: Yes
  • Fee Other: No
  • Tax Year: 2020
  • Tax Rate: 2.47%

Property History for 1 Waterwood

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1 Waterwood

This home is within Coldspring-Oakhurst Consolidated Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Street Elementary School
PublicPK to 2

Coldspring Intermediate School
Public3 to 5

Lincoln Junior High School
Public6 to 8

Coldspring-Oakhurst High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Waterwood is a 242 ac of land for sale in Huntsville, TX 77320. This property was listed for sale on June 22, 2021 by Keller Williams Advantage Realty, it's currently listed at $14,000,000. This listing's school district is Coldspring-Oakhurst Consolidated Independent School District. Nearby schools include Street Elementary School, Coldspring Intermediate School and Lincoln Junior High School. 1 Waterwood is a 0-bed, 0-bath, 242 ac of land on a 10,541,520 sq. ft. / 242 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Advantage Realty, Alfred Rincon, TREC #0525285; Keller Williams Signature, Alfred Rincon II, TREC #0646409

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