Northwest Houston country club property sold to Harris County Flood Control District
The Harris County Flood Control District has purchased Raveneaux Country Club to create a regional stormwater detention basin in the Champion Forest/Vintage Park area of northwest Houston.
The HCFCD paid nearly $11.5 million, the current appraised value, for the 27.63-acre property, according to the district’s website. The seller was Dallas investor Michael Block via his Kera Development LP and Cypress/Raveneaux LLC entities. The deal closed Jan. 30 and includes a leaseback agreement that allows…
