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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.PROPERTY FEATURES
Water Sewer: Water District
Lot Size Source: Appraisal District
Road Frontage: County Maintained
Road Surface: Asphalt
Area: Lake Livingston Area
Land Current Use: Resort
Parcel Identification Number: 89033
PROPERTY DETAILS
Street Address: 1 Waterwood
City: Huntsville
State: Texas
Postal Code: 77320
County: San Jacinto
MLS Number: 84493956
Courtesy of Keller Williams Advantage Realty
City: Huntsville
State: Texas
Postal Code: 77320
County: San Jacinto
MLS Number: 84493956
Courtesy of Keller Williams Advantage Realty
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