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1/19
$1,850
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Property Description
5% VA ASSUMABLE RATE!! Discover this delightful 3 bedroom, 2 bathroom home nestled in Josephine's desirable Magnolia Pointe Development. Located within the acclaimed Community ISD, this property boasts modern luxury and functionality. Step inside to an open-concept layout, featuring luxury vinyl flooring throughout the main areas. The spacious kitchen offers an abundance of cabinet space, oversized island, perfect for culinary enthusiasts. The split floorplan provides privacy, a large primary bedroom complete with an ensuite shower and generous closet space. Cozy secondary bedrooms provide ideal retreats. The living space is thoughtfully designed for entertaining, seamlessly connecting to the exterior patio. Outside, enjoy a generously-sized, fully fenced yard with full irrigation, ideal for outdoor gatherings or serene relaxation. Experience the perfect blend of community and comfort. This community offers walking trails, playgrounds and swimming pools!
Full Property Details
Full Property Details for 702 Watermill Rd
General
- Rent: $1,850
- HOA FEE: $40/month
- HOA FEE FREQ.: Semi-Annually
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21382815
- Updated: 10/19/2026
- Added to Site: 46 day(s) ago
Rental Information
- Date Available: 9/12/2026
Interior
- Interior Features: Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
- Flooring: Carpet, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Enclosed, Garage Faces Front, Garage, Garage Door Opener
Location
- County: Collin
- Subdivision: Magnolia Ph 8
- Driving Directions: SEE GPS
School Information
- Elem School District: Community ISD
- Midd School District: Community ISD
- High School District: Community ISD
- Elementary School: John & Barbara Roderick
- Middle School: Leland Edge
- High School: Community
Community
- Association: Yes
- Assoc. Name: Proper HOA
- Assoc. Fees Include: All Facilities, Maintenance Grounds
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Cable Available: Yes
- Utility Description: Municipal Utilities, Sewer Available, Water Available, Cable Available
Structural Information
- Architectural Style: Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Living Area: 1,625 Sq. Ft.
- Year Built: 2021
- Property Condition: Resale
Lot Features
- Lot Size (Acres): 0.165
- Lot Size (Sq. Ft.): 7,187.4
- Lot Size Source: Assessor
- Frontage: All Weather Road
- Lot Features: Interior Lot
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Lease
- Association Fee: $240
- Assoc Fee Freq.: Semi-Annually
- Security Deposit: $1,950
- Pet Deposit: $500
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: MAGNOLIA PHASE 8 (GCN), BLK BB, LOT 2; (SEE R
- Disclosures/Rstr.: Municipal Utility District Disclosure
- Property ID: R124560BB00201
- Block: BB
- Lot Number: 2
Listed by Coldwell Banker Apex, REALTORS, Stacie Noble
Schools
Schools serving 702 Watermill Rd
School District:Community Independent School District
| Name | Grades | Distance |
|---|---|---|
Leland E Edge Middle School 615 Fm 1138 N, Nevada, TX 75173 | 6-8 | 4.2 mi |
Community High School 440 North Farm To Market 1138, Nevada, TX 75173 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price History for 702 Watermill Rd
Date
Details
Price
Change
Source
10/09/2026
Price Reduced
$1,850
-2.63%
MLS
10/03/2026
Price Reduced
$1,900
-2.56%
MLS
9/10/2026
Listed
$1,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
702 Watermill Road, Josephine, TX 75189 (MLS# 21382815) is a Single Family property with 3 bedrooms and 2 full bathrooms. 702 Watermill Road is currently listed for rent at $1,850 and was received on September 10, 2026. Want to learn more about 702 Watermill Road? Do you have questions about finding other real estate for sale or rent in Josephine? You can browse all Josephine rentals or contact a Coldwell Banker agent to request more information.

