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    Houston Association of Realtors

    The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

    The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Houston Realtors Information Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

    Copyright 2022 Houston Association of REALTORS, Inc. All rights reserved.

    Off Market
    Off Market

    1 Waterwood

    Huntsville, TX 77320
    242.00 acres | #84493956
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    Type:Purchase
    Structure:Farm
    Zone:Residential

    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+. 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.

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    The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

    The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Houston Realtors Information Service, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

    Copyright 2022 Houston Association of REALTORS, Inc. All rights reserved.

    Last Updated: Today at 6:24 PM. Source: HARMLS

    Provided By
    Listing Agent: Alfred Rincon (#arincon)
    Listing Office: Keller Williams Advantage Realty (#KWLC01)

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