1 Waterwood
Huntsville, TX 77320
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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.
Last checked:
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Last updated Nov 3, 2024
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MLS# 84493956 —
The Building
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New Construction:No
Financial & Terms
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Price Acre List:57851.24
Location
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Directions:45 N. East on HWY 190. North on Waterwood Parkway for 8 miles
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Latitude:30.826168
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Longitude:-95.230705
The Property
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Parcel Number:89033
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Property Type:Country Homes/Acreage
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Acres:242
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Acres Description:50 or more Acres
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Lot Size Source:Appraisal District
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Land Use:Resort
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Area:64
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Private Pool:No
Listing Agent
- Contact info:
- Agent phone:
- (713) 560-8972
- Office phone:
- (936) 525-3200
Taxes
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Tax Year:2020
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Tax Rate:$2.47
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Tax Amount:$1,427
The Listing
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Status:Active
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Disclosures:Mud
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Special Conditions:No Special Conditions
Utilities
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Utility District:Yes
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Water/Sewer:Water District
Schools
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Elementary:JAMES STREET ELEMENTARY SCHOOL
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Middle School:LINCOLN JUNIOR HIGH SCHOOL
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High School:COLDSPRING-OAKHURST HIGH SCHOOL
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School District:101 - Coldspring-Oakhurst Consolidated
The Community
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Subdivision:Waterwood
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Active Community 55:No
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Legal Subdivision:WATERWOOD
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Maintenance Fee:Yes
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Other Fees:No
Parking
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Road Surface:Asphalt
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Road Frontage:County Maintained
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
