The Harris County Flood Control District closed on the purchase of the Raveneaux Country Club on January 30, 2020. The final purchase price for 27.63 acres of land was $11,496,427.20, which is also the current appraised value for the property.
The final deal includes a leaseback on the 27.63 acres, allowing the Club to continue operating for up to one year.
The Flood Control District will begin discussions with the Cypress Forest Public Utility District in February regarding an agreement to acquire the remaining acreage that primarily makes up the golf course.
Community engagement meetings are being planned for late March.