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242.00 Lot Acres
Country Homes/Acreage
164 Day(s) on HAR.com
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General Description

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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.

MLS#:
84493956 (HAR)
Listing Price:
$ 14,000,000
$Convert
Listing Status:
For Sale
Address:
1 Waterwood
City:
State:
TX
Zip Code:
Subdivision:
Waterwood
Legal Description:
A239 ISSAC PRATER, TRACT 2.5, 2.6, 2.7, ACRES 87.942
Property Type:
Country Homes/Acreage
Lot Size:
242.00 Acres /Appraisal District
Land Use:
Resort
Road Frontage:
County Maintained
Market Area:


Exterior Features

Private Pool:
No
Water Sewer:
Water District
Road Surface:
Asphalt



Lot Information

  Lot Size: 242.00 Lot Acres / Appraisal District
Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy


Additional Information

List Type:
Exclusive Right to Sell/Lease


Financial Information

Other Fees:
No
Maintenance Fee:
Yes
Taxes w/o Exemp:
$1, 427/2020
Tax Rate:
2.4683


ELECTRICITY

Estimated Mortgage/Tax

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$53,471 Monthly
Estimated Monthly Principal & Interest (Based on the calculation below) $ 53,471
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Subdivision Facts

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Facts (Based on Active listings)

Market Area Name:
Lake Livingston Area
Home For Sales:
789
Average List Price:
$302,561
Average Bedrooms:
3.00
Average Baths:
2.04
Average Square Ft.:
1,707
Average Price/Square Ft.:
$169.51
Home For Lease:
21
Average Lease:
$1,220
Average Lease/Square Ft.:
$1.28

Market Update Video

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Lake Livingston Area

Schools

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School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

ASSIGNED SCHOOLS
STREET Elementary School Elementary . PK - 02 . COLDSPRING-OAKHURST CISD
Fail |
LINCOLN Junior High School Middle . 06 - 08 . COLDSPRING-OAKHURST CISD
Below Average |
COLDSPRING-OAKHURST High School High . 09 - 12 . COLDSPRING-OAKHURST CISD
Average |

View Nearby Schools

1 Waterwood Huntsville TX 77320 is listed for sale for $14,000,000. It is a 242.00 Acre(s) Lot, in Waterwood.

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