$14,000,000

1 Waterwood Huntsville, TX 77320

Estimated payment $78,109/month

Total Views 11,475
242 Acres
$57,851 Price per Acre
10,541,520 Sq Ft Lot

About This Lot

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.

Listing Agent

Al Rincon

Keller Williams Advantage Realty License #0525285

Keller Williams Advantage Realty

Co-Listing Agent

Alfred Rincon, II

Keller Williams Advantage Realty License #0646409

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,427

Lot Details

  • 242 Acre Lot
  • Additional Parcels

Schools

  • James Street Elementary School
  • Lincoln Junior High School
  • Coldspring-Oakhurst High School

Community Details

  • Waterwood Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,427

Lot Details

0

Listing Details

  • Directions: 45 N. East on HWY 190. North on Waterwood Parkway for 8 miles
  • Prop. Type: Land
  • Lot Size Acres: 242.0
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: KWSG01
  • Co List Office Phone: 281-599-7600
  • Subdivision Name: Waterwood
  • Garage Yn: No
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Municipal Utility District Disclosure
  • Pool Private: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: JAMES STREET ELEMENTARY SCHOOL
  • Junior High Dist: 101 - Coldspring-Oakhurst Consolidated
  • High School: COLDSPRING-OAKHURST HIGH SCHOOL
  • Middle Or Junior School: LINCOLN JUNIOR HIGH SCHOOL

Lot Info

  • Additional Parcels Description: 89038,89036
  • Additional Parcels: Yes
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1427.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 For Sale $14,000,000 -- --
Source: Houston Association of REALTORS®

Source: Houston Association of REALTORS®

MLS Number: 84493956

Houston Association of REALTORS®