Waterford Texas is a planned residential community totaling 576 acres and features an 18-hole golf course designed by the award winning Bechtol Russell Golf Design. The community is partially developed and has infrastructure improvements including roads and utility lines throughout phase 1 of the development. Phase 1 includes a total of 429 acres that have been developed with partially improved lots and the Roy Bechtol designed golf course. Of the 429 acres, 164 acres are subdivided into 157 partially developed residential lots which have completed concrete streets, wet and dry utilities in place. A 8.3 acre amenity center site and an additional 26.5 acre future club location makes up the remainder of phase 1. Phase 2 is an additional 147 acres and once it is developed will encompass the lake front lots as well as the majority of the golf frontage lots.
The property has an approved Muni...
The property has an approved Municipal Utility District with the Texas Commission on Environmental Quality with $59,770,000 authorized to finance water, sewer, drainage facilities and other utility infrastructure costs, all of which is reimbursable upon issuance of district bonds. Utilities for phase 1 are partially completed, as the property still requires a water treatment facility. Utilities are available for phase 2, but is still in the undeveloped stage.
A water treatment facility will need to be built to further complete phase 1 utilities. Water supplies are provided by LCRA and are secured by two firm water contracts granting the property the right to a maximum of 300 acre-feet (97,755,300 gallons) of water per year for irrigation uses and a maximum of 471 acre-feet (153,475,821 gallons) of water per year for domestic uses. The golf course encompasses 230 acres of land commencing at the northern border of the property and travels southward through a diverse Hill Country landscape that contains native post oaks, live oaks, cedar, eye-catching elevated vistas and topography, breathtaking deep meadows and creek crossings, ultimately concluding at the southern boundary of the property overlooking Lake Travis.
Waterford represents a unique opportunity to complete development on one of Lake Travis most beautiful golf communities. The project was originally launched in late 2007 and was well received with its offering of custom home sites set among mature post oaks with long range views of the lake. The market downturn left the original developer unable to complete the development and the property went through foreclosure, the property is currently investor owned. Waterford Texas is a truly an extraordinary occasion to benefit from the existing value of a completed golf course that has had $40,000,000 in capital invested in its infrastructure. This feature coupled with the opportunity to obtain partially finished and platted lots allows for a low cost of entry and makes Waterford Texas an overall incredible asset.
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Research Parcel InformationWaterford Texas is a residential golf course community located east of Marble Falls, Texas on the shores of Lake Travis approximately 56 miles from downtown Austin. The property is accessed from FM 1431 at the intersection of CR 344. The closest commercial airport is the Austin-Bergstrom International Airport which is serviced by major airlines that offer direct flights from numerous cities including Phoenix, Atlanta, Chicago, Los Angeles and many others. There is also a private airport located in Horseshoe Bay, less than thirty minutes west of the property.