1 Waterwood |
|
| Price: | $14,000,000 |
| Property Type: | lots |
| MLS #: | 523343887 |
| 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+. 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. | |
| Area: | San Jacinto |
| Bedrooms: | None |
| Bathrooms: | None |
| Garage: | 0 |
| Acres: | 242 |
| Virtual Tour: | Click here to view |
Courtesy: Alfred Rincon • Keller Williams Advantage Realty • 936-525-3200 
Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. Data is deemed reliable, but is not guaranteed accurate by the MLS or HAR.
This content last refreshed on 07/02/2025 12:15 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
