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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.
Features & Amenities
Location
- Road/Access:
- Asphalt
- Originating MLS:
- Houston Association of Realtors
- School District:
- 101 - Coldspring-Oakhurst Consolidated
- County:
- San Jacinto
Lot
- Zoning:
- A239 ISSAC PRATER, TRACT 2.5, 2.6, 2.7, ACRES 87.942, 89033
Utilities
- Water:
- Water District
Financial
- Source:
- Houston Association of Realtors
- Buyers Agent Compensation:
- 3
- NA Compensation:
- 0
This listing courtesy of:
Keller Williams Advantage Realty, Alfred Rincon
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Pointblank, TX
Housing
- Number of Units
- 1,858
- Median Home Value
- $139,033
- Median Rent
- $473
23.29% of housing units are renter occupied.
37.16% are vacant.
Commute
- Car
-
88.68%
- Public Transportation
-
0.00%
- Walk to Work
-
4.31%
- Work from Home
-
6.09%
- Other
-
0.91%
The median travel time to work is 30 minutes.
People
- Population
- 2,507
- Median Age
- 58.70
- Median Household Size
- 2.26
Education
- High School
-
34.44%
- Associate’s Degree
-
3.84%
- Bachelor’s Degree
-
11.59%
- Graduate Degree
-
6.50%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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