Harry Baumann admits there’s no comparison between his golf game and business acumen, but he’s willing to bet on a combination of both in Texarkana.

“I’m an avid golfer—not a very good one, but I love the atmosphere of a golf course,” said Baumann, who officially announced his acquisition of the South Haven Golf Course—renamed New Haven Golf Course—at a Wednesday press conference. “There’s just nothing like the aura and mystique of being around a golf course in the morning and at night.”

Baumann probably never envisioned owning his own course until he ran across a newsp...