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Luxury Homes Coastal Bend
615 S. Bronte St.
Rockport, TX 78382 |
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Christye Weld
Call: (806) 778-6370
Office: (806) 778-6370 |
1 WATERWOOD
HUNTSVILLE, MI. 77320
$14,000,000
0 Beds 0 Baths Schools: 101 - Coldspring-Oakhurst Consolidated 242 Acres Year Built: 0
Property 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+. 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.
General Information
Sale Price: $14,000,000
Price/SqFt: Est. Payments: $91,923 Status: Active MLS#: 84493956 City: huntsville Post Office: huntsville Schools: 101 - coldspring-oakhurst consolidated County: San Jacinto Subdivision: waterwood Acres: 242 Bedrooms: 0 Bathrooms: 0 House Size: Acreage: 242 est. Year Built: 0 Property Type: Country Homes/Acreage Style: |
Features & Room Sizes
Paved Road: Asphalt
Garage: No Garage Basement: No Waste: Water District Watersource: Water District Tax, Fees & Legal
Est. Winter Taxes: $1,427
Legal Description: A239 ISSAC PRATER, TRACT 2.5, 2.6, 2.7, ACRES 87.942 |
To schedule a viewing or for more information call Christye Weld at Luxury Homes Coastal Bend Call Christye Weld: (806) 778-6370
View listing online at: LUXURYHOMESBYCHRISTYE.COMEnter MLS#: 84493956 |
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