H. C. Lake Retreat

Description

H.C. Lake Retreat | Investment Venture

This investment property tucked away on the banks of Houston County Lake is H.C. Lake Retreat. This unique resort property attracts visitors from all over Texas, Louisiana and beyond and comes completely turnkey. This pristinely maintained investment portfolio includes 7 homes, an event center, basketball court, and much more, all on a beautiful spring fed lake. There is over 16,262 sqft. of living area between all the homes and 5,550 sqft. of storage area. This property is currently being run as a successful rental business with a faithful clientele and a very high rate of repeat customers. The next owner can seamlessly continue to operate it as an income producing property or convert it to a private family compound. This recreational haven has proven to be a profitable income as a successful vacation home rental business. For more information on the investment portfolio, along with net income data, please contact TT Ranch Group.

Location

The property is located on Houston County Lake northwest of Crockett, TX which is the county seat and largest town in Houston County. This property is 126 miles from Houston, and 153 miles from Dallas, just a 2.5-hour drive from each. Palestine, TX is only 35 miles away, Huntsville, TX is 49 miles away, Nacogdoches, TX is 54 miles away, and Tyler, TX is 82 miles away all with plentiful shopping and dining options.

Habitat & Topography

Houston County is in the East Texas Timberlands region.The terrain is gently rolling to hilly, and contains significant forest, mostly loblolly pine and pecan trees. Houston County covers 1,234 square miles, with elevations ranging from 200 to 300 feet. The Neches River forms the northeastern boundary of the county, and the Trinity River is the western boundary. Soils are generally light colored and loamy, with very deep reddish clayey subsoils. The predominant vegetation is mixed pine and hardwood forests. Between 21% and 30% of the land in the county is considered prime farmland.

Water & Fishing

Houston County Lake is a spring fed, 1,330-acre lake that is great for swimming, boating and fishing. The lake was formed in 1966 by a dam on Little Elkhart Creek. Visitors enjoy the lake's cool spring fed waters as well as the hilly wooded terrain. The lack of crowds allows guests to enjoy water sports or fishing.There is an abundant supply of trophy size bass, crappie, sunfish, bluegill and catfish.The lake is roughly 60 % fishing with 40% or less usable by recreational boats. The lake is rarely crowded, even on Holiday weekends. The waters are clear, cool and calm for canoeing and kayaking. Houston County Lake was once considered the premier bass fishing lake in the state of Texas, and is still ranked as "most likely to land a lunker bass".

Homes

H.C. Lake Retreat has plenty of room for your family and guests. The main buildings and 7 homes are situated on 5 +/- acres with 4 homes being lakefront. 

The Cabana -

This waterfront home is approximately 2,600 sqft. with 4 bedrooms and 3 bathrooms. It has a dock on the water as well as an upper and lower deck with covered seating areas, firepit and gas grill.

Awesome View -

This waterfront home is a 3 bedroom, 2 bath, 1,200 sqft. and offers incredible views of the lake. It has a 2,166 sqft. dock area, and a 1,100 sqft. upper cabana with fans and lights. It includes your own private fish cleaning station, a gas grill and outdoor fire pit. The master bedroom has a private third level balcony. Every bedroom has 32" televisions with cable. The second bedroom faces the front of the home (street side) and has a balcony overlooking the front gardens. There is a shared bathroom for the two upper bedrooms.T he Kitchen has all the utensils and appliances one needs to cook most meals, and a large dining room table to accommodate your group. The counter tops are all granite tile. This home also includes a utility room with washer and dryer. "Awesome View" is located on a very quiet area of the lake with little boat traffic. There is easy channel to the main lake that is a 3-minute ride. The home is equipped with complimentary kayaks.

Henry's Hideaway

4 bedroom and 2 bath home. 1,300 sqft. with a lake view. While Henry's doesn't sit directly on the water it has access to a walkway down to its own private section of pier equipped with kayaks and its own fish cleaning station. Henrys has an assortment of beautiful decks to spread out on. The upper deck measures 14'x24' accompanied by a lower 12'x12' area equipped with a fire pit and gas grill. The front porch is also a great spot to sit and enjoy your view of the lake.

Lakeside -

7 bedroom and 4 bath lakeside home. 1,204 sqft. of wrap around covered porch facing the lake. Lakeside is the largest and most spacious home which accommodates groups of up to 22. It sits on two lake lots and has a stream that pumps out of the lake. It has a gazebo and its own boathouse. The covered boathouse offers a slip with tie offs for multiple boats, with GFCI protected outlets for charging batteries. 160 sqft. covered area for grilling out, over 2,168 sqft. of pier and covered seating area, and a 24'x24' firepit area. The upstairs game-room has a mini fridge, sink and microwave. It has a separate entrance at the front and back of the home. Lakeside has a gas grill connected to a large propane tank. It has a washer/dryer, two refrigerators, wireless internet, and televisions in every bedroom with cable.

Pat's Place-

5/6 bedroom and 4 bath, 2,700 sqft. lakeside home sleeps up to 14 guests. Over 6,370 sqft. of decking and pier. Pats Place has two master bedrooms, each with their own bathroom and access to its own deck area with table and chairs. The main deck is high up in the tree canopy which sits 50 + feet above the lake, and less than 100 feet away. The deck also includes a gas grill, table, fans and lighting. There are two boat slips, a fish cleaning station and night lights for fishing. All of the bedrooms have 32" flat screen televisions, ceiling fans and linens. The game room can easily be its own semi-private bedroom with two futons.

The Gregory -

3 bedroom and 2 bath home, 1500 sqft. with a stairway leading down to the lake. Beautiful and roomy home with jacuzzi tub, many porches, cabana, gas grill and firepit. Includes your own private section of pier with a 14'x20' dock to use as well as a fish cleaning station.

The New House -

This home is a 1,560 sqft. 3 bedroom and 2 bath lake view home with large decks at the rear of the home. It is situated on a roomy lot.

In addition to the established builds, there are two vacant lots with room to add more homes or other improvements.

Other Buildings 

Event Hall-

The "Event Building" is a heated and cooled building used for business events, family reunions, weddings, and more. This space has ceiling fans, several lighting options, chandeliers and crown molding. The large garage doors can be open for an open-air venue, or closed for inclement weather. This space has two bathrooms with a large exterior sink, exterior fans, large fire pit, smoker and gas grill upon request. There are two large covered concrete patios. Includes tables and chairs for any event.

Outbuildings

Laundry & Storage Facility -

This building contains the washing facility. It also houses sundries such as paper towels, toilet paper, etc. It also includes two freezers of ice, and firewood.

The Big Building -

This insulated building has a 200-amp electrical service and waste area. It's entirely possible to convert the inside to anything you want it to be.

The Red Barn -

The Red Barn is 1,950 sqft. and has been the base of operations. It's full of shelves with supplies to keep things running smoothly. There is also a separate 700 sqft. that is air- conditioned with a bathroom with a shower.

Storage Building #3 -

This building is 1200 sqft. and situated behind the "Big Building". It has a door at one end and a tall garage door at the other.

Highlights include:

•  The roads are very lightly traveled

•  Well maintained dirt and caliche roads

•  The county road is less than 2/10'ths of a mile away

•  The state highway is 2 miles away

•  Professional landscaping and decking

•  4 covered RV space(s) with 50 amp hookup, cable, water, sewer, and
  well-lit decks

Taxes

Contact broker for more details

Other

The property is being offered turnkey including furnishings and equipment.Lawn Equipment, skid steer, tractor, etc.

All of the homes on the property include: Tile and wood style laminate (no carpet) Washer/Dryer

Kayaks

Fish cleaning stations

Drip irrigation

Sprinkler systems

Sleep anywhere between 6-22 guests

Please contact broker for more information regarding investment of the business.