3 years on rocket

1 Waterwood, Huntsville, TX, 77320

$14,000,000

242.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #84493956
Lot Size242.00 Acres
StatusActive

About 1 Waterwood

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 Details

Property Features

Listing Office:

  • Office Name: Keller Williams Advantage Realty
  • Office Phone: (936) 525-3200
  • Listing Agent: Alfred Rincon

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 242.00 Acres

Other

Directions Information:

  • Directions: 45 N. East on HWY 190. North on Waterwood Parkway for 8 miles

Price Information

Listing Price Info

Price Summary:

  • List Price: $14,000,000
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Housing Market Comparison

See how this home compares to others in Huntsville, TX.

Med. Sold Price

$262.6K

Med. Price/SqFt

$152

Avg. Days On Market

58

# of Sold Homes

33

1 Waterwood vs Huntsville

1249 DAYS ON ROCKET

+1191 Days

$14,000,000

+$13.7M More

KEY TAKEAWAY

This property is $13.7M more than the Median Sold Price in Huntsville, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #84493956

Listing Office:

  • Office Name: Keller Williams Advantage Realty
  • Office Phone: (936) 525-3200
  • Listing Agent: Alfred Rincon

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/23/2024, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$69.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$42K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-861400
6
/10
  • Onalaska Elementary School

  • 391 Old Trinity Rd N

  • 7.32 miles

  • Public District Grades PK-6

school-card-donut-861401
3
/10
  • Lansberry Elementary School

  • 400 S Maple

  • 11.50 miles

  • Public District Grades PK-5

school-card-donut-861402
4
/10
  • Groveton Elementary School

  • N Magee and W 5th St

  • 17.56 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,630. Typical income of Huntsville, TX residents is between $35k-100k annually. The majority of families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Waterwood

What is the listing price of this property?

The listing price of 1 Waterwood property is $14,000,000.

What type of property is this?

The property 1 Waterwood is land located in Huntsville, Texas, 77320.

Is this property for sale now?

Active Listing: 1 Waterwood is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1 Waterwood is 242.00 acres.
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Rocket HomesTexasWalker CountyHuntsville773201 Waterwood

This home is located at 1 Waterwood in Huntsville, TX and zip code 77320. This home sits on a 242.00 acre lot. It has been listed on Rocket Homes since June 22, 2021 and is currently priced at $14,000,000.

Huntsville, TX housing market in October 2024 saw over 2 listings sold above listed price, more than 5 sold at listed price and over 26 sold below. Between September 2024 and October 2024, Huntsville, TX real estate market has seen increase in the number of listings by 9.4%. Listings spent 58 days on the market in October 2024, and had a median list price of $262,601 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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